Class XP Certificate definition

Class XP Certificate. Any one of the Certificates with a "Class XP" designation on the face thereof, substantially in the form of Exhibit A-2 attached hereto, and evidencing multiple "regular interests" in REMIC II for purposes of the REMIC Provisions.
Sample 1Sample 2Sample 3
Class XP Certificate. Any Certificate designated as a "Class XP Certificate" on the face thereof, in the form of Exhibit A-14 hereto, representing the right to its Percentage Interest of distributions provided for the Class XP Certificates as set forth herein and evidencing a Regular Interest in REMIC II.
Sample 1
Class XP Certificate means any one of the Certificates with a "Class XP" designation on the face thereof, substantially in the form of Exhibit A-2 attached hereto, and evidencing the Class XP Components and a portion of a class of "regular interests" in the Upper-Tier REMIC.
Sample 1

Examples of Class XP Certificate in a sentence

  • Funds on deposit in the Class XP Reserve Account shall be held in trust by the Master Servicer for the holder of the Class XP Certificate.

  • This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class X-P Certificate in that certain beneficial ownership interest evidenced by all the Class X-P Certificates in the Trust Fund created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among Wachovia Commercial Mortgage Securities, Inc.

  • Certificate No.1 Aggregate Initial Notional Amount of the Class XP Certificates as of the Cut-off Date: $100 Class XP Certificate Date of Pooling and Servicing Agreement and Cut-off Date: November 1, 2005 Percentage Interest of this Certificate: 100% First Distribution Date: December 25, 2005 CUSIP: ___________ Master Servicer: Wxxxx Fargo Bank, National Association Servicer: MortgageIT, Inc.

  • Funds on deposit in the Reserve Account shall be held in trust by the Master Servicer for the holder of the Class XP Certificate.

  • On the Distribution Date immediately following the Prepayment Period during which the last Prepayment Charge on the Mortgage Loans in Loan Group I is payable by the related Mortgagor, the Master Servicer shall withdraw the amount on deposit in the Reserve Account and remit such amount to the Trustee for payment to the Class XP Certificate in reduction of the Certificate Principal Balance thereof.

  • CitiMortgage, Inc., by its agreement and acknowledgment hereof, hereby agrees to report, on an annual basis, the amount of Prepayment Charges collected and retained by CitiMortgage with respect to the EMC Mortgage Loans which obligation will continue for so long as CitiMortgage is the holder of the Class XP Certificate.

  • BANK ONE, NATIONAL ASSOCIATION as Trustee By:__________________________________ Authorized Signatory [Reverse of Class XP Certificate] IndyMac ARM Trust Mortgage Pass-Through Certificates, Series 2001-H1 This Certificate is one of a duly authorized issue of Certificates designated as IndyMac ARM Trust, Mortgage Pass-Through Certificates, Series 2001-H1 (herein collectively called the "Certificates"), and representing a beneficial ownership interest in the Trust created by the Agreement.

  • On the Distribution Account Deposit Date immediately following the Prepayment Period during which the last Prepayment Charge on the Mortgage Loans in Loan Group I is payable by the related Mortgagor, the Master Servicer shall withdraw the amount on deposit in the Reserve Account and remit such amount to the Trustee for payment to the Class XP Certificate in reduction of the Certificate Principal Balance thereof.

  • The Class XP Certificate will not represent an interest in any REMIC.

  • Any Class XP Certificate, Class B-IO Certificate or Class R Certificate.


More Definitions of Class XP Certificate

Class XP Certificate. Any Certificate designated as a "Class XP Certificate" on the face thereof, in the form of Exhibit A-11 hereto, representing the right to its Percentage Interest of distributions provided for the Class XP Certificates as set forth herein. Closing Date: November 30, 2000.
Sample 1

Related to Class XP Certificate

  • Class A-P Certificate Any one of the Certificates designated as a Class A-P Certificate.

  • Class J Certificate means any one of the Certificates with a "Class J" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class A-6 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 A-6 and Exhibit C hereto.

  • Class H Certificate means any of the Certificates with a "Class H" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class B-6 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-6 and Exhibit C hereto. Class B-6 Certificateholder: The registered holder of a Class B-6 Certificate.

  • Class X-B Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-7 hereto.

  • Class A-8 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 A-8 and Exhibit C hereto.

  • Class A-7 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 A-7 and Exhibit C hereto.

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

  • Class X Certificate Any one of the Certificates with a "Class X" designation on the face thereof, substantially in the form of Exhibit A-1, and evidencing a "regular interest" in REMIC II for purposes of the REMIC Provisions.

  • Class C Certificate Any one of the Certificates with a “Class C” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

  • 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 K Certificate means any of the Certificates with a "Class K" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class A-R Certificate The Certificate executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-R and Exhibit C hereto.

  • Class B-5 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-5 and Exhibit C hereto. Class B-5 Certificateholder: The registered holder of a Class B-5 Certificate.

  • Class R-2 Certificate Any Certificate designated a “Class R-2 Certificate” on the face thereof, in the form set forth in Exhibit A-5 hereto, evidencing the Residual Interest in REMIC II and representing the right to the Percentage Interest of distributions provided for the Class R-2 Certificates as set forth herein.

  • Class A-V Certificate Any one of the Certificates designated as a Class A-V Certificate, including any Subclass thereof.

  • Class A-AB Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-5 hereto.

  • 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.

  • 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 A-SB Certificate Any one of the Certificates with a “Class A-SB” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

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

  • Class L Certificate means any of the Certificates with a "Class L" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class X-A Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-6 hereto.

  • Class R-II Certificate Any one of the Class R-II Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit D and evidencing an interest designated as a "residual interest" in REMIC II for purposes of the REMIC Provisions.

  • Class A-5 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 A-5 and Exhibit C hereto. Class A-5 Certificateholder: The registered holder of a Class A-5 Certificate.