Class SB Certificate. Any one of the Certificates designated as a Class SB Certificate. Class X Certificate: Any one of the Certificates designated as a Class X Certificate.
Class SB Certificate. Any one of the Class SB Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit R, subordinate to the Class A Certificates and Class M Certificates with respect to distributions and the allocation of Realized Losses as set forth in Section 4.05, and evidencing ownership of the REMIC III Regular Interest, together with certain obligations to pay Basis Risk Shortfalls. Closing Date: November 29, 2006.
Class SB Certificate. Any one of the Class SB Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit X-0, X-0 or D-3, as provided in Section 5.02(e) hereof, and evidencing an interest comprised of "regular interests" in REMIC II for purposes of the REMIC Provisions, together with certain rights to payments under the Hedge Agreement.]
Examples of Class SB Certificate in a sentence
This Class SB Certificate will not accrue interest on its Certificate Principal Balance.
No transfer of this Class SB Certificate will be made unless such transfer is exempt from the registration requirements of the Securities Act of 1933, as amended, and any applicable state securities laws or is made in accordance with said Act and laws.
This Class SB Certificate will accrue interest at the Pass-Through Rate on the Notional Amount as indicated in the definition of Accrued Certificate Interest in the Agreement.
This Class SB-[_] Certificate will accrue interest at the Pass-Through Rate on the Notional Amount as indicated in the definition of Accrued Certificate Interest in the Agreement.
This Class SB-[_] Certificate will not accrue interest on its Certificate Principal Balance.
More Definitions of Class SB Certificate
Class SB Certificate. Any one of the Class SB Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit C, subordinate to the Class A Certificates and Class M Certificates with respect to distributions and the allocation of Realized Losses as set forth in Section 4.05, and evidencing an interest comprised of "regular interests" in REMIC III together with certain rights to payments under the Yield Maintenance Agreement for purposes of the REMIC Provisions. Closing Date: October 27, 2006. Code: The Internal Revenue Code of 1986. Commission: The Securities and Exchange Commission.
Class SB Certificate. Any one of the Class SB-I or Class SB-II Certificates.
Class SB Certificate. Any one of the Class SB Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form set forth on Exhibit Eleven-A hereto, subordinate to the Class A Certificates and Class M Certificates with respect to distributions and the allocation of Realized Losses as set forth in Section 4.05, and evidencing ownership of the REMIC V Regular Interests for purposes of the REMIC Provisions, together with certain rights to payments under the Swap Agreement for purposes of the REMIC Provisions and certain obligations with respect to payments of Basis Risk Shortfalls. Clearstream: Clearstream Banking, societe anonyme. Closing Date: May 30, 2007.
Class SB Certificate. Any one of the Class SB Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit C, subordinate to the Class A Certificates and the Class M Certificates with respect to distributions and the allocation of Realized Losses as set forth in Section 4.05, and evidencing an interest comprised of "regular interests" in REMIC IV together with certain rights to payments under the Swap Agreements for purposes of the REMIC Provisions. Clearance System: The Euroclear, Clearstream or both, as applicable. Clearstream: Clearstream Banking, societe anonyme. Closing Date: October 27, 2006. Code: The Internal Revenue Code of 1986. Commission: The Securities and Exchange Commission.
Class SB Certificate. Any one of the Class SB Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit R, subordinate to the Class A Certificates and Class M Certificates with respect to distributions and the allocation of Realized Losses as set forth in Section 4.05, and evidencing ownership of two interests (SB-IO and SB-PO) designated as "regular interests" in REMIC III together with certain rights to, and obligations with respect to, payments made pursuant to the Hedge Agreement for purposes of the REMIC Provisions.
Class SB Certificate. Any one of the Certificates designated as a Class SB Certificate.
Class SB Certificate. Any one of the Class SB Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed to the Standard Terms as Exhibit C-II, subordinate to the Class A Certificates and Class M Certificates with respect to distributions and the allocation of Realized Losses as set forth in Section 4.05, and evidencing ownership of the interest designated as the single "regular interest" in REMIC III for purposes of the REMIC Provisions, together with certain obligations with respect to payments of Basis Risk Shortfall amounts. Clearstream: Clearstream Banking, societe anonyme. Closing Date: August 30, 2007.