Class A-8 Certificate definition

Class A-8 Certificate. Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-8 and Exhibit C hereto.

Class A-8 Certificate. Any one of the Certificates designated on the face thereof as a Class A-8 Certificate, substantially in the form annexed hereto as Exhibit A-8, executed, authenticated and delivered by the Trustee, representing the right to distributions as set forth herein.

Class A-8 Certificate. Any one of the Class A-8 Certificates, executed by the Trustee and authenticated by the Trustee, senior in right of payment to the Class M and Class B Certificates, substantially in the form of the Class A Certificate set forth in Exhibit C hereto.

Examples of Class A-8 Certificate in a sentence

• The Percentage Interest of each Class A-8 Certificate as of any date of determination will be equal to the percentage obtained by dividing the original Certificate Principal Balance of such Class A-8 Certificate on the Startup Day by the aggregate Class A-8 Certificate Principal Balance on the Startup Day.

• Each Owner of record of a Class A-8 Certificate will be entitled to receive such Owner's Percentage Interest in the amounts due on such Payment Date to the Owners of the Class A-8 Certificates.

• Distributions will be made in immediately available funds to Owners of Certificates having an aggregate original Class A-8 Certificate Principal Balance of at least $1,000,000 (by wire transfer or otherwise) to the account of an Owner at a domestic bank or other entity having appropriate facilities therefor, if such Owner has so notified the Trustee, or by check mailed to the address of the person entitled thereto as it appears on the Register.

• After the end of the Initial Term, the term of this Agreement will automatically renew for successive terms of 12 months each (each a “Renewal Term”).

• In addition and without limitation of the foregoing, MBIA shall be subrogated to the rights of the Trustee and each Holder of a Class A-8 Certificate in the conduct of any Preference Claim, including, without limitation, all rights of any party to an adversary proceeding action with respect to any court order issued in connection with any such Preference Claim.

More Definitions of Class A-8 Certificate

Class A-8 Certificate. A Certificate, designated as Class A-8 executed and authenticated by the Trustee in substantially the form set forth in Exhibit A hereto, and evidencing ownership of interests designated as “regular interests” in the Trust REMIC for purposes of the REMIC Provisions.

Class A-8 Certificate. Any one of the Certificates executed by the Trust Administrator and authenticated by the Trust Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-8 and Exhibit C hereto. CLASS A-8 CERTIFICATEHOLDER: The registered holder of a Class A-8 Certificate. CLASS A-9 CERTIFICATE: Any one of the Certificates executed by the Trust Administrator and authenticated by the Trust Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-9 and Exhibit C hereto. CLASS A-9 CERTIFICATEHOLDER: The registered holder of a Class A-9 Certificate.

Class A-8 Certificate. A Certificate denominated as a Class A-8 Certificate.

Class A-8 Certificate. Any Certificate designated as a "Class A-8 Certificate" on the face thereof, in the form of Exhibit B-1 hereto, and authenticated by the Trustee in accordance with the procedures set forth herein and evidencing four separate interests designated as a "regular interests" in REMIC II for purposes of the REMIC Provisions and evidencing an interest in each Loan Group.

Class A-8 Certificate. A Certificate denominated as an EQCC Home Equity Loan Asset Backed Certificate, Series 1996-4, Class A-8 Certificate, 7.41% Pass-Through Rate.

Class A-8 Certificate. Any Certificate designated as a “Class A-8 Certificate” on the face thereof, in the form of Exhibit A-1 hereto, representing the right to the Percentage Interest of distributions provided for the Class A-8 Certificates as set forth herein and evidencing a Regular Interest in REMIC III.

Class A-8 Certificate. Any one of the Certificates, executed and authenticated as provided herein, substantially in the form set forth in EXHIBIT B-8 and EXHIBIT C hereto. CLASS A-8 CERTIFICATE BALANCE: At any time, the Initial Class A-8 Certificate Balance minus the sum of all principal distributions previously made to the Class A-8 Certificateholders.