Classes of Certificates. Each of the Class A and Class B Certificates will consist of one or more classes with the prior consent of Wells Fargo Asset Securities Xxxxoration (the "Seller"), which consent shall not be unreasonably withheld. Aggregate Principal Amount $ ___________(Approximate) of the Offered Certificates: Certificates Not Offered Hereby: The Class B-4, Class B-5 and Class B-6 Certificates (the "Other Certificates").
Classes of Certificates. Each of the Class A and Class B Certificates will consist of one or more classes with the prior consent of Wells Fargo Asset Securities Xxxxoration (the "Depositor"), which consent shall not be unreasonably withheld. Aggregate Principal Amount $864,484,309 (Approximate). of the Offered Certificates: Certificates Not Offered Hereby: The Class B Certificates. Subordination: "Shifting interest" structure. Minimum Denominations of Offered Certificates: Class Minimum Denomination Incremental Denomination ----- -------------------- ------------------------ Class A-8 $ 1,000 $1 Classes A-1, A-3, A-4, A-5, $ 25,000 $1 A-10 anx X-00 Xxxxxxx X-0, A-6, A-9, A-12 $ 100,000 $1 and A-PX Xxxxx X-0 $ 800,000 $1 Class A-R $ 100 N/A
Classes of Certificates. Each of the Class A and Class B Certificates will consist of one or more classes with the prior consent of Wells Fargo Asset Securities Xxxxoration (the "Depositor"), which consent shall not be unreasonably withheld. Aggregate Principal Amount $3,104,000 (Approximate). of the Offered Certificates: Certificates Not Offered Hereby: The Class A, Class B-4, Class B-5 and Class B-6 Certificates. Subordination: "Shifting interest" structure. Minimum Denominations of Offered Certificates: Class Minimum Denomination Incremental Denomination ----- -------------------- ------------------------ Classes B-1, B-2 and B-3 $ 100,000 $1
Examples of Classes of Certificates in a sentence
The Agreement also permits the amendment thereof in certain circumstances without the consent of the Holders of any of the Certificates and, in certain additional circumstances, without the consent of the Holders of certain Classes of Certificates.
In the event of any such arrangement, the Master Servicer shall make timely advances on the related Mortgage Loan during the scheduled period in accordance with the amortization schedule of such Mortgage Loan without modification thereof by reason of such arrangements unless otherwise agreed to by the Holders of the Classes of Certificates affected thereby; provided, however, that no such extension shall be made if any such advance would be a Nonrecoverable Advance.
The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Depositor and the rights of the Certificateholders under the Agreement from time to time by the parties thereto with the consent of the Holders of the Class or Classes of Certificates affected thereby evidencing over 50% of the Voting Rights of such Class or Classes.
With respect to any Class or Classes of Certificates issued hereunder, or any portion of any such Class, as to which the Company or any of its Affiliates (or any designee thereof) is the registered Holder (the "Resecuritized Certificates"), the Company may deposit such Resecuritized Certificates into a new REMIC, grantor trust, FASIT or custodial arrangement (a "Restructuring Vehicle") to be held by the Trustee pursuant to a Supplemental Article.
All Classes of Certificates, other than the Residual Certificates.
More Definitions of Classes of Certificates
Classes of Certificates. Each of the Offered Certificates will consist of one or more classes with the prior consent of Wells Fargo Asset Securixxxx Corporation (the "Depositor"), which consent shall not be unreasonably withheld. Aggregate Principal Amount of the Offered $527,765,000 (Approximate) Certificates: Certificates Not Offered Hereby: The Class CE, Class P and Class R Certificates (the "Other Certificates"). Credit Enhancement: Overcollateralization/ Excess Interest/ Subordination. Time of Sale Information: Issuer Free Writing Prospectus, dated March 23, 2007, relating to the offering of the Offered Certificates. Minimum Denominations of Offered Certificates: Class Minimum Denomination Incremental Denomination ----- -------------------- ------------------------ Classes A $ 100,000 $1 Classes M $ 100,000 $1 Classes B $ 100,000 $1 Description of the Mortgage Loans: Fixed and adjustable interest rate, monthly pay, one- to four-family, nonprime residential first and second lien mortgage loans having original stated terms to maturity of approximately 10 to 30 years. Certain of the Mortgage Loans are balloon loans. Certain of the Mortgage Loans will require only payments of interest for a term specified in the related Mortgage Note.
Classes of Certificates. Each of the Class A and Class B Certificates will consist of one or more classes with the prior consent of Wells Fargo Asset Securities Xxxxoration (the "Depositor"), which consent shall not be unreasonably withheld. Aggregate Principal Amount $33,071,000 (Approximate). of the Offered Certificates: Certificates Not Offered Hereby: Mortgage Pass-Through Certificates, Series 2007-3 Class A, Class Cr-B-4, Class Cr-B-5, Class Cr-B-6 and Class III-B. Subordination: "Shifting interest" structure. Minimum Denominations of Offered Certificates: Class Minimum Denomination Incremental Denomination ----- -------------------- ------------------------ Classes Cr-B-1, Cr-B-2 and $ 100,000 $1 Cr-B-3 Description of the Mortgage Loans: Three loan groups of one- to four-family, fixed interest rate, residential first mortgage loans, substantially all of which have original terms to stated maturity of approximately 15 or 30 years. Certain of the mortgage loans in the first and second loan groups will require only payments of interest for a term specified in the related mortgage note. Certain of the mortgage loans in the third loan group are relocation mortgage loans. Certain of the mortgage loans in the first loan group are balloon loans.
Classes of Certificates. Each of the Class A and Class B Certificates will consist of one or more classes with the prior consent of Wells Fargo Asset Securities Xxxxoration (the "Depositor"), which consent shall not be unreasonably withheld. Aggregate Principal Amount $1,462,043,599 (Approximate). of the Offered Certificates: Certificates Not Offered Hereby: Mortgage Pass-Through Certificates, Series 2007-2 Class Cr-B and Class III-B. Subordination: "Shifting interest" structure. Minimum Denominations of Offered Certificates: Class Minimum Denomination Incremental Denomination ----- -------------------- ------------------------ Classes I-A-1, I-A-2, I-A-3, $ 25,000 $1 I-A-4, I-X-0, X-X-0, X-X-0, I-A-8, I-A-9, I-A-12, I-A-13, I-A-14, I-X-00, X-X-00, X-X-00, X-X-00, XX-X-0, III-A-1, IXX-X-0, XXX-X-0, XXX-X-0 xxx XXX-X-0 Xxxxxxx X-X-00, X-A-21, $ 100,000 $1 I-A-22, II-A-2, III-A-6, III-A-PO and A-PO Class I-A-11 $ 00,000,000 $1 Class I-A-19 $ 584,000 $1 Class I-A-20 $ 690,000 $1 Class I-A-R $ 100 N/A Description of the Mortgage Loans: Three loan groups of one- to four-family, fixed interest rate, residential first mortgage loans, substantially all of which have original terms to stated maturity of approximately 30 years. Certain of the mortgage loans in the first and third loan groups will require only payments of interest for a term specified in the related mortgage note.
Classes of Certificates. Each of the Class A and Class B Certificates will consist of one or more classes with the prior consent of Wells Fargo Asset Securities Corporation (the "Depositor"), which consent shall not be unreasonably withheld. Aggregate Principal Amount $1,398,357,327 (Approximate) of the Offered Certificates: Certificates Not Offered Hereby: Mortgage Asset-Backed Pass-Through Certificates, Series 2007-PA3, Class B-4, Class B-5 and Class B-6. Subordination: "Shifting interest" structure. Minimum Denominations of Offered Certificates: Class Minimum Denomination Incremental Denomination ----- -------------------- ------------------------ Classes I-A-1, I-A-4, II-A-1, XX-X-0, XXX-X-0, $ 00,000 $1 III-A-3, III-A-5, III-X-0, XX-X-0, XX-X-0, X-X-0 xxx XX-X-0 Xxxxxxx I-A-3, II-A-3, III-A-0, XX-X-0, X-X-0, $ 000,000 $1 A-PO, B-1, B-2 and B-3 Xxxxxxx I-A-2 and II-A-2 $ 1,000 $1 Class III-A-4 $ 7,500,000 $1 Class III-A-7 $ 10,958,386 $1 Class A-IO $ 20,124,337 $1 Class VI-A-IO $ 10,588,281 $1 Class I-A-R $ 100 N/A Description of the Mortgage Loans: Six loan groups of one- to four-family, fixed interest rate, residential first mortgage loans, substantially all of which have original terms to stated maturity of approximately 15 to 30 years. Certain of the mortgage loans in the first, second and, third, fourth and fifth loan groups are balloon loans. Certain of the mortgage loans in the first, second, third, fourth and fifth loan groups will require only payments of interest for a term specified in the related mortgage note. Certain of the mortgage loans in the sixth loan group were originated in connection with an employee relocation program.
Classes of Certificates. Each of the Class A and Class B Certificates will consist of one or more classes with the prior consent of Wells Fargo Asset Securities Xxxxoration (the "Seller"), which consent shall not be unreasonably withheld. Aggregate Principal Amount $ ___________(Approximate) of the Offered Certificates: Certificates Not Offered Hereby: The Class B-4, Class B-5 and Class B-6 Certificates (the "Other Certificates"). Subordination: "Shifting interest" structure. Minimum Denominations of Offered Certificates: Class Minimum Denomination Incremental Denomination ----- -------------------- ------------------------ Classes A $ 25,000 $1,000 Class A-IO $ [ ] $1,000 Classes A-R $ 100 N/A Classes B-1, B-2 and B-3 $ 100,000 $1,000 Description of the Mortgage Loans: Fixed interest rate, conventional, monthly pay, fully amortizing, one- to four-family, residential first mortgage loans having original stated terms to maturity of approximately [ ] years.
Classes of Certificates. Each of the Class A and Class B Certificates will consist of one or more classes with the prior consent of Wells Fargo Asset Securities Xxxxoration (the "Depositor"), which consent shall not be unreasonably withheld. Aggregate Principal Amount $1,495,210,625 (Approximate) of the Offered Certificates: Certificates Not Offered Hereby: Mortgage Pass-Through Certificates, Series 2008-1, Classes I-B-1 through I-B-6 (inclusive), Classes II-B-4 through II-B-6 (inclusive), Classes III-B-1 through III-B-6 (inclusive) and Classes IV-B-1 through IV-B-6 (inclusive).
Classes of Certificates. Each of the Class A and Class B Certificates will consist of one or more classes with the prior consent of Wells Fargo Asset Securities Xxxxoration (the "Depositor"), which consent shall not be unreasonably withheld. Aggregate Principal Amount $582,599,104 (Approximate). of the Offered Certificates: Certificates Not Offered Hereby: The Class B Certificates. Subordination: "Shifting interest" structure. Minimum Denominations of Offered Certificates: Class Minimum Denomination Incremental Denomination ----- -------------------- ------------------------ Class A-1 $ 25,000 $1,000 Class A-PO $ 100,000 $1,000 Class A-R $ 100 N/A Description of the Mortgage Loans: A pool of fully amortizing, one- to four-family, fixed interest rate, non-relocation, residential first mortgage loans, substantially all of which have original terms to stated maturity of approximately 30 years. Certain of the mortgage loans will require only payments of interest for a term specified in the related mortgage note.