Class M-1A Certificates definition

Class M-1A Certificates. Any one of the Class M-1A Certificates executed by the Trustee on behalf of the Trust, not in its individual capacity, but solely as Trustee, authenticated by the Trustee and in substantially the form set forth with respect thereto in Exhibit A.
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Class M-1A Certificates. Any one of the Class M-1A Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-6, representing (i) a Regular Interest in REMIC 4, (ii) the right to receive the Net WAC Rate Carryover Amount and (iii) the obligation to pay the Class IO Distribution Amount.
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Examples of Class M-1A Certificates in a sentence

  • Each Owner of record of a Class M-1A 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 M-1A Certificates.

  • As provided in the Pooling and Servicing Agreement and subject to certain limitations therein set forth, Class M-1A Certificates are exchangeable for new Class M-1A Certificates of authorized denominations evidencing the same aggregate principal amount.

  • The Owner hereof is entitled to principal payments on each Payment Date, as hereinafter described, which will fully amortize such original Certificate Principal Balance over the period from the date of initial issuance of the Certificates to the final Payment Date for the Class M-1A Certificates.

  • The Class M-1A Certificates are issuable only as registered Certificates in minimum denominations of $1,000 original Certificate Principal Balance.

  • The Class M-1A Certificates are limited in right of payment to certain payments on and collections in respect of the Adjustable Rate Group and in certain limited circumstances, the Fixed Rate Group, all as more specifically set forth in the Agreement.

  • The Class M-1A Certificates shall have been rated "Aa2 by Moody's and "AA+" by Fitch, and such ratings shall not have been rescinded.

  • Assuming that the Class A-7 Certificates, the Class A-8 Certificates and the Class M-1A Certificates are rated at the time of issuance in one of the two highest rating categories by a nationally recognized statistical rating organization, such Certificates at such time will be a "mortgage related security" as such term is defined in Section 3(a)(41) of the Securities Exchange Act of 1934, as amended.

  • On the 15th day of each month, or, if such day is not a Business Day, then the next succeeding Business Day (each such day being a "Payment Date") commencing July 15, 1997, the Owners of the Class M-1A Certificates as of the close of business on the day immediately preceding such Payment Date (the "Record Date") will be entitled to receive the Class M-1A Distribution Amount relating to such Certificate on such Payment Date.

  • Similarly, if the Certificate Principal Balance of the Class M-1A Certificates has been reduced to zero, all amounts of principal that would have been distributed to such Class M-1A Certificates will be distributed to the Class M-2A and Class B-1A Certificates, in that order.

  • All calculations of the amount of ------------ interest accrued on the Certificates with respect to any Remittance Date shall be calculated on the basis of a 360-day year of twelve 30-day months, except with respect to the Class M-1-A Certificates.

Related to Class M-1A Certificates

  • Class M-1 Certificates All Certificates bearing the class designation of "Class M-1".

  • Class M-4 Certificates All Certificates bearing the class designation of "Class M-4".

  • Class M-5 Certificates All Certificates bearing the class designation of "Class M-5".

  • Class M-2 Certificates All Certificates bearing the class designation of "Class M-2".

  • Class M-6 Certificates All Certificates bearing the class designation of "Class M-6".

  • Class M-3 Certificates All Certificates bearing the class designation of "Class M-3".

  • Class M Certificates Any of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-6 Certificates.

  • Class M-4 Certificate Any one of the Class M-4 Certificates executed and authenticated by the Securities Administrator and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-2 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.

  • Class M-5 Certificate Any one of the Class M-5 Certificates executed and authenticated by the Securities Administrator and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-2 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.

  • Class M-2 Certificate Any one of the Class M-2 Certificates executed and authenticated by the Securities Administrator and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-2 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.

  • Class M-1 Certificate Any one of the Class M-1 Certificates executed and authenticated by the Securities Administrator and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-2 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.

  • Class M-3 Certificate Any one of the Class M-3 Certificates executed and authenticated by the Securities Administrator and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-2 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.

  • Class M-9 Certificate Any one of the Class M-9 Certificates executed and authenticated by the Securities Administrator and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-2 and evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Class M-6 Certificate Any one of the Class M-6 Certificates executed and authenticated by the Securities Administrator and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-2 and evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Class M-8 Certificate Any one of the Class M-8 Certificates executed and authenticated by the Securities Administrator and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-2 and evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Class M-7 Certificate Any one of the Class M-7 Certificates executed and authenticated by the Securities Administrator and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-2 and evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Class M-10 Certificate Any one of the Class M-10 Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-M-10 and evidencing (i) a Regular Interest in REMIC III, (ii) the right to receive the Net WAC Rate Carryover Amount and (iii) the obligation to pay the Class IO Distribution Amount.

  • Class B-5 Certificates The Certificates designated as “Class B-5” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class B-4 Certificates The Certificates designated as “Class B-4” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class B-2 Certificates All Certificates bearing the class designation of "Class B-2".

  • Class B-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class A-2 Certificates All Certificates bearing the class designation of "Class A-2".

  • Class B-3 Certificates All Certificates bearing the class designation of "Class B-3".

  • Class M Certificate Any one of the Certificates designated as a Class M-1 Certificate, Class M-2 Certificate or Class M-3 Certificate.

  • Class A-3 Certificates All Certificates bearing the class designation of "Class A-3".

  • Class B-4 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 B-4 and Exhibit C hereto. Class B-4 Certificateholder: The registered holder of a Class B-4 Certificate.