Examples of Class M Certificates in a sentence
The Class M Certificates evidence in the aggregate the Class M Percentage of distributions relating to repayments of principal and interest on such Mortgage Loans.
The Class M Certificates evidence in the aggregate the Class M Percentage of distributions relating to repayments of principal and interest on the Mortgage Loans.
For purposes of allocating losses to the Subordinated Certificates, the Class M Certificates will be deemed to have a lower numerical Class designation, and to be of a higher relative payment priority, than each other Class of Subordinated Certificates.
The Class A Certificates (other than the Class A-R Certificate), the Class M Certificates and the Class B Certificates will constitute "regular interests" in the REMIC.
Prior to the appointment of any successor trustee becoming effective, the Depositor shall have received from each Rating Agency written confirmation that such appointment would not result in a reduction of the rating of the Class A or Class M Certificates.