Examples of Class A-1A2 Certificates in a sentence
For tax purposes, for any such Distribution Date, the Class X Certificates shall be treated as (i) having received the portion of the REMIC II Available Distribution Amount distributed to the Class X-L Regular Interest for such Distribution Date and (ii) having paid to each such Class of Class A Certificates (other than the Class A-1A2 Certificates) and Class B Certificates, as applicable, outside of REMIC II, the Carryover Shortfall Payment for such Class.
Dated: March 30, 2015 XXXXX FARGO BANK, NATIONAL ASSOCIATION, not in its individual capacity but solely as Certificate Administrator By: Authorized Officer This is one of the Class A-1A2 Certificates referred to in the Trust and Servicing Agreement.
The Holder of this Redemption Certificate shall have the right to direct Xxxxxx Mae to redeem the Class [A1][A2] Certificates, in whole but not in part, on any Distribution Date commencing with the Distribution Date in January 2000.
Dated: May __, 2002 WELLS FARGO BANK MINNESOTA, N.A., as Trustee By:__________________________________ Authorized Officer CERTIFICATE OF AUTHENTICATION ----------------------------- This is one of the Class [A-1][A-2] Certificates referred to in the within-mentioned Agreement.
Xxxxxx Mae shall redeem the Class [A1][A2] Certificates only if (i) as of the date Xxxxxx Xxx receives notice from the Holder of this Redemption Certificate directing Xxxxxx Mae to redeem, the related Xxxxxx Xxx Security has a market value (exclusive of accrued interest) in excess of its outstanding principal balance and (ii) Xxxxxx Mae shall have received payment by the Holder of this Redemption Certificate of the applicable Redemption Amount (as defined in the Trust Agreement).
Appraisal Reduction Amounts shall not be applied to notionally reduce the Certificate Balances of the Class A-1A1 or Class A-1A2 Certificates.
Upon (i) determination of a satisfactory market value with respect to the Xxxxxx Mae Security as specified in the Trust Agreement and (ii) delivery of the Redemption Amount and the Exchange Fee, the notice of redemption and exchange shall become irrevocable and redemption of the Class [A1][A2] Certificates shall be made on the Distribution Date.
In addition to their rights to receive payments from the REMIC II Available Distribution Amount on their Corresponding Class of REMIC II Regular Interests, (i) the Class A Certificates (other than the Class A-1A2 Certificates) shall be entitled to receive payments, if any, as specified in the second and fifth sentences of Section 4.04(a) and (ii) the Class B Certificates shall be entitled to receive payments, if any, as specified in the second sentence of Section 4.04(a).
On or prior to the Closing Date, the Trustee shall cause to be established and maintained the Yield Maintenance Account, into which amounts received by the Trustee from the Cap Counterparty pursuant to the Yield Maintenance Agreements shall be deposited for the benefit of the Class A Certificates (other than the Class A-1A2 Certificates).
Each Holder of a Class X Certificate is deemed to have accepted the terms for payment of the Carryover Shortfall Payments to the Holders of the Class A Certificates (other than the Class A-1A2 Certificates) and Class B Certificates pursuant to the immediately preceding sentence and the provisions of Section 2.20.