Class PO Certificates definition

Class PO Certificates. The Class I-A-PO and Class II-A-PO Certificates.
Class PO Certificates. The Class 15-PO and Class 30-PO Certificates. For purposes of this Agreement, the Class 15-PO Certificates are related to the 15-Year Loan Groups and the Class 30-PO Certificates are related to the 30-Year Loan Groups.
Class PO Certificates. As specified in the Preliminary Statement.

Examples of Class PO Certificates in a sentence

  • On any Distribution Date, amounts distributed in respect of Class PO Deferred Amounts will not reduce the Class Certificate Balance of the Class PO Certificates.

  • The remaining funds shall be transferred to the Distribution Account to be included as part of principal distributions to the Class PO Certificates, to the extent of the Remaining PO Supplemental Loan Amount and to the other Classes of Certificates, to the extent of the Remaining Non-PO Supplemental Loan Amount, as applicable.

  • The remaining funds shall be transferred to the Distribution Account to be included as part of principal distributions to the Class PO Certificates, to the extent of the Remaining PO Supplemental Loan Amount and to the other Classes of Senior Certificates, to the extent of the Remaining Non-PO Supplemental Loan Amount, as applicable.

  • This certifies that GMAC MORTGAGE CORPORATION is the registered owner of the Percentage Interest evidenced by this Certificate (obtained by dividing the Initial Certificate Principal Balance of all Class PO Certificates, both as specified above) in certain distributions with respect to the Trust Fund consisting primarily of an interest in a pool of one- to four-family fixed interest rate first mortgage loans (the "Mortgage Loans"), formed and sold by Residential Asset Mortgage Products, Inc.

  • The remaining funds shall be transferred to the Distribution Account to be included as part of principal distributions to the Class PO Certificates, to the extent of the Remaining PO Supplemental Amount and to the other Classes of Certificates, to the extent of the Remaining Non-PO Supplemental Amount, as applicable.


More Definitions of Class PO Certificates

Class PO Certificates. The Class 1-PO, Class 2-PO and Class 3-PO Certificates.
Class PO Certificates. The Certificates designated as "Class PO" on the face thereof and in substantially the form attached hereto as Exhibit A.
Class PO Certificates. The Class PO Certificates created pursuant to Section 3 hereof.
Class PO Certificates. Any Certificate designated as a “Class PO Certificate” on its face.
Class PO Certificates means those Certificates issued by the Trust in substantially the form of Exhibit B-6 hereto.
Class PO Certificates. The Class 6-A-PO, Class 15-PO and Class 30-PO Certificates.
Class PO Certificates means, collectively, the Class PO-1 Certificates and the Class PO-2 Certificates.