Examples of Class IA-3 Certificates in a sentence
The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall, any Relief Act Shortfall and the interest portion of certain Realized Losses allocated to the Class I-A-3 Certificates, as described in the Agreement.
The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall and the interest portion of certain Realized Losses allocated to the Class I-A-3 Certificates, as described in the Agreement.
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 I-A3 Certificates as of the Issue Date) in that certain beneficial ownership interest evidenced by all the Class I-A3 Certificates in the Trust Fund created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among Citigroup Mortgage Loan Trust Inc.
The following table summarizes the effect of changes in foreign currency exchange rates on the growth of General Insurance net premiums written:* Computed using a constant exchange rate for each period.
Thereafter, any remaining Realized Losses with respect to the Group I Loans will be allocated on any Distribution Date, first, to the Class I-A-3 Certificates, in reduction of the Certificate Principal Balance thereof, until reduced to zero, and second, pro rata, to the Class I-A-2-2 Certificates, and the Class I-A-2-1 Certificates, in each case, in reduction of the Certificate Principal Balance thereof, until reduced to zero.
The pass-through rate on the Class I-A-3 Certificates applicable to each Distribution Date will be 4.750% per annum.
The Class I-A-3 Certificates will be entitled to distributions of principal and interest in accordance with the provisions of the Agreement.
So long as there is not a continuing default by the Class I-A-3 Insurer of its obligations under the Class I-A-3 Policy, the Class I-A-3 Insurer has, and may exercise without the consent of the Holders of the Class I-A-3 Certificates, all of the rights of the Holders of the Class I-A-3 Certificates under this Agreement.
The Accrual Period for the Class I-A-3 Certificates will be the period from and including the preceding Distribution Date (or from the closing date for the December 25, 2002 distribution) to and including the day prior to the current Distribution Date.
The balance of any amount remaining in the Reserve Fund on the Distribution Date on which the Current Principal Amount of the Class I-A-3 Certificates has been reduced to zero will be distributed to Bear, Stearns & Co. Inc.