Component Certificates definition

Component Certificates. As specified in the Preliminary Statement.
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Component Certificates. As specified in the Preliminary Statement. Component Notional Amount: Not applicable.
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Component Certificates. As specified in the Preliminary Statement. ---------------------- Cooperative Corporation: The entity that holds title (fee or an ----------------------- acceptable leasehold estate) to the real property and improvements constituting the Cooperative Property and which governs the Cooperative Property, which Cooperative Corporation must qualify as a Cooperative Housing Corporation under Section 216 of the Code.
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Examples of Component Certificates in a sentence

  • All Realized Losses allocated to a Class of Component Certificates will be allocated, pro rata, to the related Components.

  • All Realized Losses or Applied Loss Amounts allocated to a Class of Component Certificates will be allocated, pro rata, to the related Components.

  • In addition, any Realized Losses allocated to any Class of Component Certificates on a Distribution Date shall be allocated in reduction of the Component Principal Balances of the related Components (other than any Notional Component) in proportion to their respective Component Principal Balances immediately prior to such Distribution Date.

  • All Realized Losses or Excess Losses allocated to a Class of Component Certificates will be allocated, pro rata, to the related Components.

  • Component Certificates can be obtained only by Subscribers that have subscribed a contract or agreement with FNMT-RCM, whereby they are part of the Electronic Community as contemplated in the FNMT-RCM Certification Practices Statement.

  • These Specific Certification Policies and Practices describe the issue of Component Certificates by FNMT-RCM.

  • In addition, any Realized Losses allocated to any Class of Component Certificates on a Distribution Date shall be allocated in reduction of the Component Principal Amounts of the related Components (other than any Notional Component) in proportion to their respective Component Principal Amounts immediately prior to such Distribution Date.

  • The Component Certificates shall be treated as representing ownership of a Master REMIC regular interest and a position in an interest rate cap contract.

  • Except as provided in Section 4.04(a)(i) above, all Realized Losses allocated to a Class of Component Certificates will be allocated pro rata to the related Components.

  • The Trustee shall assume that the position of the Component Certificates in such interest rate cap contract has a value of $1,000.


More Definitions of Component Certificates

Component Certificates. As specified in the Preliminary Statement. Component Notional Amount: Not Applicable. Confirmation: Not Applicable. Consent: A document executed by the Cooperative Corporation (i) consenting to the sale of the Cooperative Unit to the Mortgagor and (ii) certifying that all maintenance charges relating to the Cooperative Unit have been paid.
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Component Certificates. As specified in the Preliminary Statement. Co-op Shares: Shares issued by a Cooperative Corporation.
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Component Certificates. The Class M2 Certificates and the Class M3 Certificates.
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Component Certificates. Class 1-A-5 Certificates. COOPERATIVE: A corporation that has been formed for the purpose of cooperative apartment ownership.
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Related to Component Certificates

  • Exchangeable Certificates The Class A-S, Class B, Class C and Class PEX Certificates.

  • Lockout Certificates The Class A-7 Certificates.

  • Sequential Pay Certificates The Class X-0, Xxxxx X-0, Class A-3, Class A-4, Class A-AB, Class A-S, Class B, Class C, Class D, Class E, Class F and Class G Certificates, collectively.

  • Notional Amount Certificates As specified in the Preliminary Statement.

  • Class B-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class B-5 Certificates The Certificates designated as “Class B-5” on the face thereof in substantially the form attached hereto as Exhibit A.

  • 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 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 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 B-1 Certificates All Certificates bearing the class designation of "Class B-1".

  • Class D Certificates “Class E Certificates,” “Class F Certificates,” “Class G Certificates,” “Class H Certificates,” “Class V Certificates” and “Class R Certificates” mean, in each such case, the Certificates designated as “Class A-1,” “Class A-2,” “Class A-SB,” “Class A-3,” “Class A-4,” “Class A-5,” “Class A-S,” “Class X-A,” “Class X-B,” “Class X-C,” “Class B,” “Class PST,” “Class C,” “Class D,” “Class E,” “Class F,” “Class G,” “Class H,” “Class V” and “Class R,” respectively, on the face thereof, in substantially the forms attached hereto as Exhibits A-1 to A-20.

  • Class B-4 Certificates The Certificates designated as “Class B-4” on the face thereof in substantially the form attached hereto as Exhibit A.

  • 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.

  • New Certificates has the meaning set forth in Section 2.05(a).

  • Class G Certificate Any one of the Certificates with a “Class G” 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 C Certificates Any one of the Class C Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-18, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 4.

  • 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 ___ Certificate Any Certificate executed and authenticated by the Trustee or the Authenticating Agent on behalf of the Depositor in substantially the form set forth in Exhibit ___ hereto. The Class __ Certificates have no Pass-Through Rate or Certificate Balance.

  • Class B-2 Certificates All Certificates bearing the class designation of "Class B-2".

  • Group 1 Certificates As specified in the Preliminary Statement.

  • Non-Delay Certificates As specified in the Preliminary Statement.

  • 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.

  • Group 4 Certificates As specified in the Preliminary Statement.

  • 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.

  • Delay Certificates As specified in the Preliminary Statement.