Class G Certificate definition

Class G Certificate. Any one of the Certificates with a “Class G” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

Class G Certificate. Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-16 hereto.

Class G Certificate. A Certificate designated as "Class G" on the face thereof, in the form of Exhibit A-8 hereto.

Examples of Class G Certificate in a sentence

• None of the Depositor, the Trustee or the Certificate Registrar is obligated to register or qualify the Class G Certificates under the Securities Act or any other securities law or to take any action not otherwise required under the Agreement to permit the transfer of any Class G Certificate without registration or qualification.

• The Owner Trustee hereby acknowledges receipt in trust from the Sponsor, as of the date hereof, of the foregoing contribution, which shall constitute the initial Owner Trust Estate evidenced by the Class G Certificate and shall be deposited in the Distribution Account.

• The Sponsor shall at all times keep and own a Class G Certificate representing no less than a 1% Percentage Interest, and at no time will the Sponsor sell or alienate its interest represented by Class G Certificates in such a way as to reduce its aggregate beneficial ownership in the Class G Certificates to less than a 1% Percentage Interest.

• Each of the Class R Certificate and the Class G Certificate will represent the sole class of "residual interest" in one or more of the REMICs. The obligations and responsibilities of the Depositor and the Owner Trustee under the Trust Agreement shall terminate upon the earlier of (i) the final distribution of all moneys or other property or proceeds of the Owner Trust Estate in accordance with the terms of the Indenture and the Trust Agreement or (ii) the Final Maturity Date.

• Any Class G Certificateholder desiring to effect such a transfer shall, and by the acceptance of its Class G Certificate agrees to, indemnify the Depositor, the Trustee and the Certificate Registrar against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.

More Definitions of Class G Certificate

Class G Certificate. Any of the Certificates issued hereunder and designated as such.

Class G Certificate means any of the Certificates that collectively constitute the Class bearing the alphabetic class designation "G".

Class G Certificate. A Certificate executed and authenticated by the Certificate Administrator in substantially the form set forth in Exhibit A-7 hereto and designated as a Class G Certificate.

Class G Certificate. A Residual Certificate, substantially in the form of Exhibit A-2 to the Trust Agreement.

Class G Certificate. A Certificate designated as "Class G" on the face thereof, in the form of Exhibit A-11 hereto.

Class G Certificate. Class G Trustee", "Class C Certificateholder", "Class C Trust", "Class C Certificate" and "Class C Trustee" shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

Class G Certificate. Any one of the Certificates with a "Class G" designation on the face thereof substantially in the form of Exhibit A-11 attached hereto and, prior to the Transition Date, evidencing a portion of REMIC III P&I Regular Interest G and, on and after the Transition Date, evidencing a portion of REMIC IV P&I Regular Interest G for purposes of the REMIC Provisions.