Class R-X Certificate definition

Class R-X Certificate. Any one of the Class R-X Certificates executed by the Trustee and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-R-X and evidencing the ownership of the Class R-IV Interest, the Class R-V Interest and the Class R-VI Interest.

Class R-X Certificate. The Class R-X Certificate executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-11 and evidencing the ownership of the Class R-4 Interest and the Class R-5 Interest.

Class R-X Certificate. Any one of the Certificates with an “R-X” designated on the face thereof substantially in the form annexed hereto as Exhibit F, executed by the Trustee on behalf of the Trust and authenticated and delivered by the Certificate Registrar, representing the right to distributions as set forth herein and therein.

Examples of Class R-X Certificate in a sentence

• Pursuant to the Agreement, The Trustee will provide the Internal Revenue Service and any pertinent persons with the information needed to compute the tax imposed under the applicable tax laws on transfers of residual interests to disqualified organizations, if any person other than a Permitted Transferee acquires an Ownership Interest on a Class R-X Certificate in violation of the restrictions mentioned above.

• The Holder of the Class R-X Certificate at any time holding the largest Percentage Interest thereof shall be the Tax Matters Person with respect to REMIC 4 and REMIC 5 and shall act as Tax Matters Person for REMIC 4 and REMIC 5.

• Notwithstanding anything else to the contrary herein, any purported transfer of a Class R-X Certificate to or on behalf of an employee benefit plan subject to ERISA or a plan or arrangement subject to Section 4975 of the Code without the opinion of counsel satisfactory to the Trustee as described above shall be void and of no effect.

• The Holder of the Class R-X Certificate at any time holding the largest Percentage Interest thereof shall be the Tax Matters Person with respect to REMIC 4, REMIC 5 and REMIC 6, and shall act as Tax Matters Person for each such REMIC.

• Notwithstanding the foregoing, no certification or Opinion of Counsel described in this Section 5.02(b) will be required in connection with the transfer, on the Closing Date, of any Class R Certificate or Class R-X Certificate by the Depositor to an "accredited investor" within the meaning of Rule 501(d) of the 1933 Act.

More Definitions of Class R-X Certificate

Class R-X Certificate. Any Certificate designated as a “Class R-X” Certificate on the face thereof in the form of Exhibit A-4 hereto, representing the right to its Percentage Interest of distributions provided for the Class R-X Certificates as set forth herein and evidencing the Class R-4 Interest, Class R-5 Interest and Class R-6 Interest.

Class R-X Certificate. The Class R-X Certificate executed by the Trustee on behalf of the Trust Fund, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit C-4 and evidencing the ownership of the Residual Interest in each of REMIC 1-C, REMIC 2-C, REMIC 3-C, REMIC 1-P, REMIC 2-P and REMIC 3-P. The Class R-X Certificate represents the ownership of the Class R-1-C Interest, Class R-2-C Interest, Class R-3-C Interest, Class R-1-P Interest, Class R-2-P Interest and Class R-3-P Interest.

Class R-X Certificate. The Class R-X Certificate executed by the Trustee and authenticated by the Trustee in substantially the form set forth in Exhibit A.

Class R-X Certificate. A Class R-X Certificate, substantially in the form of Exhibit A-4 to the Trust Agreement.

Class R-X Certificate. The Class R-X Certificate executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit C-1-2 and evidencing the ownership of the Class R-3 Interest, the Class R-4 Interest and the Class R-5 Interest.

Class R-X Certificate. The Class R-X Certificate executed by the Trustee, and authenticated and delivered by the Certificate Registrar, evidencing the ownership of the Class R-IV Interest, the Class R-V Interest and the Class R-VI Interest. Closing Date: May 22, 2006.

Class R-X Certificate. The Class R-X Certificate executed by the Trustee on behalf of the Trust, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit C-2 and evidencing the ownership of the Residual Interest in each of REMIC M-5, REMIC M-6, REMIC B-1, REMIC B-2, REMIC B-3, REMIC B-4, REMIC B-5, REMIC CE-1, REMIC IO and REMIC CE-2. The Class R-X Certificate represents the ownership of the Class R-M-5 Interest, Class R-M-6 Interest, Class R-B-1 Interest, Class R-B-2 Interest, Class R-B-3 Interest, Class R-B-4 Interest, Class R-B-5 Interest, Class R-CE-1 Interest, Class R-IO Interest and Class R-CE-2 Interest.