Examples of Class F Certificates in a sentence
This Certificate is one of a duly authorized issue of Certificates designated as Certificates of the series specified on the face hereof (herein called the "Certificates") and representing an interest in the Class of Certificates specified on the face hereof equal to the quotient expressed as a percentage obtained by dividing the Certificate Balance of this Certificate specified on the face hereof by the aggregate initial Certificate Balance of the Class F Certificates.
Any such waiver shall remain effective with respect to such Holder and such Class until such time as the Opting-Out Party has sold or transferred, in the aggregate, a majority of the Class F Certificates to an unaffiliated third party or third parties (such sale or transfer, a “Class F Transfer”).
This Certificate is one of a duly authorized issue of Certificates designated as Certificates of the series specified on the face hereof (herein called the “Certificates”) and representing an interest in the Class of Certificates specified on the face hereof equal to the quotient expressed as a percentage obtained by dividing the Denomination of this Certificate specified on the face hereof, by the aggregate initial Certificate Balance of the Class F Certificates.
The Notional Amount of the Class X-F Certificates and the Component Notional Amount of the Class X-F Component will be reduced to reflect reductions of the Certificate Balance of the Class F Certificates and of the Lower Tier Principal Balance of the Class LF Lower Tier Regular Interest, in any event resulting from allocations of applicable Realized Losses.
The Certificates will be issuable in registered form only; provided, however, that in accordance with Section 5.03 beneficial ownership interests in the Registered Certificates and the Class F Certificates shall initially be held and transferred through the book-entry facilities of the Depository.
Subject to the terms of the Pooling and Servicing Agreement, the Class F Certificates will be issued in book-entry form through the facilities of DTC in minimum denominations of $100,000, and in integral multiples of $1 in excess thereof, with one Certificate of each such Class evidencing an additional amount equal to the remainder of the initial Certificate Balance of such Class.
The Notional Amount of the Class X-F Certificates will be reduced to reflect reductions of the Certificate Principal Balance of the Class F Certificates resulting from allocations of Realized Losses.
Any such waiver shall remain effective with respect to such Holder and such Class until such time as the Opting-Out Party has sold or transferred a majority of the Class F Certificates to an unaffiliated third party (such sale or transfer, a “Class F Transfer”).
The Notional Amount of the Class X-F Certificates and the Component Notional Amount of the Class X-F Component will be reduced to reflect reductions of the Certificate Balance of the Class F Certificates and of the Lower-Tier Principal Balance of the Class LF Lower-Tier Regular Interest, in any event resulting from allocations of applicable Realized Losses.
By: Authorized Signatory Dated: ______________ This is one of the Class F Certificates referred to in the Pooling and Servicing Agreement.