Class I Certificate definition

Class I Certificate means a certificate executed on behalf of the Trust and authenticated by the Trustee substantially in the form attached hereto as Exhibit B.
Class I Certificate. Any one of the Class I Certificates executed, authenticated and delivered pursuant to Section 5.01, substantially in the form annexed hereto as Exhibit A-15, representing the right to distributions as set forth herein and therein and evidencing a regular interest in the Master REMIC.
Class I Certificate. A Certificate designated as "Class I" on the face thereof, in the form of Exhibit A-10 hereto.

Examples of Class I Certificate in a sentence

  • Each owner of record of a Class I 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 I Certificates.

  • The Holder of a Class I Certificate, Class O Certificate, Class X Certificate or Residual Certificate desiring to effect such transfer shall, and the Trustee and the Company 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.

  • Each owner of record of a Class I 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 I Certificates.

  • The Residual Certificate and the Class I Certificate shall each be a Physical Certificate.

  • No transfer of a Class I Certificate, Class O Certificate, Class P Certificate, Class X Certificate or Residual Certificate or any interest therein shall be made to any Plan or to any Person acting, directly or indirectly, on behalf of any such Plan or acquiring such Certificates with “plan assets” of a Plan within the meaning of the Department of Labor regulation promulgated at 29 C.F.R. § 2510.3-101 or otherwise (“Plan Assets”).


More Definitions of Class I Certificate

Class I Certificate. Any Class I Certificate as designated on the face thereof, executed by the Securities Administrator and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit C-2, evidencing the ownership of the Final Maturity Reserve Trust.
Class I Certificate. Class I Certificateholder", "Class I Trust", "Class I Trustee", "Class J Certificate", "Class J Certificateholder", "Class J Trust", "Re-Issued Class H Certificate", "Re-Issued Class H Certificateholder", "Re-Issued Class H Trust" and "Re-Issued Class H Trustee" shall have the respective meanings assigned to such terms in the Intercreditor Agreement.
Class I Certificate. Any Certificate designated as a "Class I Certificate" on the face thereof, in the form of Exhibit F hereto.
Class I Certificate is defined in Section 4.3 of the Trust Agreement.
Class I Certificate. Any one of the Class I-A-1, Class I-A-2, Class I-A-3 and Class I-A-4 Certificates executed and delivered by the Trustee substantially in the form annexed hereto as Exhibit A-1 evidencing ownership of an interest designated as a "regular interest" in REMIC II for purposes of the REMIC Provisions, together, in the case of the Class I-A-1 Certificates with certain other rights as provided herein.
Class I Certificate. A Certificate denominated as a Class I Certificate, issued by the Trust pursuant to the Trust Agreement.