Examples of Class A-2C Certificates in a sentence
This certifies that Cede & Co. is the registered owner of a Percentage Interest (obtained by dividing the denomination of this Certificate by the aggregate Certificate Principal Balance of the Class A-2C Certificates as of the Issue Date) in that certain beneficial ownership interest evidenced by all the Class A-2C Certificates in the REMIC created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among Citigroup Mortgage Loan Trust Inc.
The Class A-2C Certificates are issuable only as registered Certificates in denominations of $25,000 Original Principal Amount and integral multiples of $1,000.
As provided in the Pooling and Servicing Agreement and subject to certain limitations therein set forth, Class A-2C Certificates are exchangeable for new Class A-2C Certificates of authorized denominations evidencing the same aggregate principal amount.
The owner hereof is entitled to principal payments on each Distribution Date, which will fully amortize such Original Principal Amount over the period from the date of initial delivery hereof to the final Distribution Date of the Class A-2C Certificates.
Each owner of record of a Class A-2C Certificate will be entitled to receive such owner’s Percentage Interest in the amounts distributed on such Distribution Date to the owners of the Class A-2C Certificates.
The Class A-2C Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement.
Principal Paydown: Any amounts distributable in regards to principal with respect to the Class A-2 Certificates will be distributed to (a) the Class A-2A and Class A-2B Certificates, in the aggregate, and (b) the Class A-2C Certificates, pro rata, based on the aggregate certificate principal balance of the Class A-2A and Class A-2B Certificates and the certificate principal balance of the Class A-2C Certificates, respectively.
However, these queries are not yet (without any modification) executable on current database systems [Ora06].
On the 25th day of each month, or, if such day is not a Business Day, then the next succeeding Business Day (each such day being a "Distribution Date") commencing March 26, 2007, the owners of the Class A-2C Certificates as of the close of business on the business day immediately preceding such Distribution Date (the "Record Date") will be entitled to the distribution described in Article IV of the Pooling and Servicing Agreement, relating to such Distribution Date.
This Certificate is one of a Class of duly-authorized Certificates designated as NovaStar Home Equity Loan Asset-Backed Certificates, Series 2007-1, Class A-2C Certificates (the "Class A-2C Certificates") and issued under and subject to the terms, provisions and conditions of the Pooling and Servicing Agreement, to which the owner of this Certificate, by virtue of acceptance hereof assents, and is bound.