B-4 Certificates definition

B-4 Certificates. The Certificates designated as “Class 3-B-4” on the face thereof in substantially the form attached hereto as Exhibit A.
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B-4 Certificates. The Certificates designated as “Class 3-B-4” on the face thereof in substantially the form attached hereto as Exhibit A. Class 3-B-4-M Regular Interest: The uncertificated partial undivided beneficial ownership interest in REMIC I which constitutes a REMIC I Regular Interest and is entitled to distributions as set forth herein.
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B-4 Certificates. The Certificates designated as "Class D-B- 4" on the face thereof in substantially the form attached hereto as Exhibit A. Class D-B-4-L Regular Interest: The uncertificated partial undivided beneficial ownership interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as set forth herein. Class D-B-5 Certificates: The Certificates designated as "Class D-B- 5" on the face thereof in substantially the form attached hereto as Exhibit A. Class D-B-5-L Regular Interest: The uncertificated partial undivided beneficial ownership interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as set forth herein. Class D-B-6 Certificates: The Certificates designated as "Class D-B- 6" on the face thereof in substantially the form attached hereto as Exhibit A. Class D-B-6-L Regular Interest: The uncertificated partial undivided beneficial ownership interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as set forth herein. Class D-Y Regular Interests: The Class D-Y-1 and Class D-Y-2 Regular Interests. Class D-Y-1 Regular Interest: The uncertificated partial undivided beneficial ownership interest in REMIC I which constitutes a REMIC I Regular Interest and is entitled to distributions as set forth herein. Class D-Y-1 Principal Distribution Amount: For any Distribution
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Examples of B-4 Certificates in a sentence

  • The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall and the interest portion of certain Realized Losses allocated to the Class B-4 Certificates, as described in the Agreement.

  • The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall and any Relief Act Shortfall allocated to the Class B-4 Certificates, as described in the Agreement.

  • The pass-through rate on the Class B-4 Certificates applicable to each Distribution Date will be 6.500% per annum.

  • The pass-through rate on the Class B-4 Certificates applicable to each Distribution Date will be 6.750% per annum.

  • The pass-through rate on the Class B-4 Certificates applicable to each Distribution Date will be 6.250% per annum.

  • The pass-through rate on the Class B-4 Certificates applicable to each Distribution Date will be 6.000% per annum.

  • A Single Certificate for the Class B-4 Certificates represents a $250,000 Denomination.

  • The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall and Relief Act Shortfall allocated to the Class B-4 Certificates, as described in the Agreement.

  • The pass-through rate on the Class B-4 Certificates applicable to each Distribution Date will be a per annum rate equal to the weighted average of the Net Mortgage Interest Rates of the Mortgage Loans (based on the Scheduled Principal Balances of the Mortgage Loans on the first day of the month preceding the month of such Distribution Date).

  • The pass-through rate on the Class B-4 Certificates applicable to each Distribution Date will be 7.000% per annum.