Corresponding Class definition

Corresponding Class. The class of interests in the Lower-Tier REMIC or Upper-Tier REMIC that corresponds to the class of interests in the other such REMIC or to a Class of Certificates in the manner set out below: Corresponding Corresponding Upper-Tier Corresponding Lower-Tier Class Designation Regular Interest Class of Certificates ---------------------------- ---------------- --------------------- Class LT-A-1 Class A-1 Class A-1 Class LT-A-2a Class A-2a Class A-2a Class LT-A-2b Class A-2b Class A-2b Class LT-A-2c Class A-2c Class A-2c Class LT-A-2d Class A-2d Class A-2d Class LT-M-1 Class M-1 Class M-1 Class LT-M-2 Class M-2 Class M-2 Class LT-M-3 Class M-3 Class M-3 Class LT-M-4 Class M-4 Class M-4 Class LT-M-5 Class M-5 Class M-5 Class LT-M-6 Class M-6 Class M-6 Class LT-B-1 Class B-1 Class B-1 Class LT-B-2 Class B-2 Class B-2 Class LT-B-3 Class B-3 Class B-3 N/A Class X Class X
Corresponding Class. The Class of Certificates that corresponds with a class of interests in REMIC 2 as described in the Preliminary Statement.
Corresponding Class. With respect to each class of Lower-Tier Interests, the Class or Classes of Certificates so designated in the Preliminary Statement.

Examples of Corresponding Class in a sentence

  • On each Payment Date on or prior to the Termination Date, the Class Principal Balance of each Class of Original Notes will be increased (in each case without regard to any exchanges of Exchangeable Notes for MAC Notes) by the amount of the increase, if any, in the Class Notional Amount of the Corresponding Class of Reference Tranche due to the allocation of Tranche Write-up Amounts to such Class of Reference Tranche on such Payment Date pursuant to Section 3.03(c) above.

  • Subject to Sections 4 and 6, on each Payment Date on which a Tranche Write-down Amount shall be allocated to any Class of Reference Tranche corresponding to a Class of Notes and which reduces the Class Principal Balance of such Corresponding Class of Notes, the Trust shall pay to Freddie Mac, by deposit into an account designated by Freddie Mac, the applicable Return Amount on such Payment Date.

  • On each Payment Date on or prior to the Termination Date, the Class Principal Balance of each Class of Original Notes will be increased (in each case without regard to any exchanges of Class M Notes for MAC Notes) by the amount of the increase, if any, in the Class Notional Amount of the Corresponding Class of Reference Tranche due to the allocation of Tranche Write-up Amounts to such Class of Reference Tranche on such Payment Date pursuant to Section 3.03(c) above.

  • Any Realized Losses allocated to a Class of REMIC Interests and not reimbursed on the same Distribution Date shall be allocated to the Corresponding Class or Classes of Certificates as described below.

  • On each Payment Date on or prior to the Termination Date, the Class Principal Balance of each Class of Notes (without regard to any exchanges of Exchangeable Notes for RCR Notes for such Payment Date) will be increased by the amount of the increase, if any, in the Class Notional Amount of the Corresponding Class of Reference Tranche due to the allocation of the Tranche Write-up Amounts to such Class of Reference Tranche on such Payment Date pursuant to Section 3.03(e) above.


More Definitions of Corresponding Class

Corresponding Class. The class of interests in any REMIC created under this Agreement that corresponds to the class of interests in another such REMIC or to a Class of Certificates in the manner set out below: Corresponding Lower Tier Corresponding Upper Tier Corresponding Class Class Designation Regular Interest of Certificates ------------------------ ------------------------ ------------------- Class LT-A-1 Class A-1 Class A-1 Class LT-A-2 Class A-2 Class A-2 Class LT-A-3 Class A-3 Class A-3 Class LT-A-4 Class A-4 Class A-4 Class LT-M-1 Class M-1 Class M-1 Class LT-M-2 Class M-2 Class M-2 Class LT-M-3 Class M-3 Class M-3 Class LT-B-1 Class B-1 Class B-1 Class LT-B-2 Class B-2 Class B-2 Class LT-B-3 Class B-3 Class B-3 N/A Class X Class X
Corresponding Class. For each Class of REMIC Interests or Certificates, the Class or Classes indicated as such in the tables set forth in Section 2.03.
Corresponding Class. With respect to any class of REMIC II Interests, the Class of Certificates so designated in the Preliminary Statement hereto. With respect to any Class of Certificates, the class or classes of Lower Tier Interests so designated in the Preliminary Statement hereto.
Corresponding Class. With respect to each class of Middle Tier Regular Interests, the Class or Classes of Certificates corresponding to such class as set forth in the Preliminary Statement.
Corresponding Class. With respect to the Class A and Class B Certificates and the REMIC I Regular Interests, the "Corresponding Class" shall be as indicated in the following table: Class A-1-L Class A-1 Class A-2-L Class A-2 Class A-3-L Class A-3 Class A-4-L Class A-4 Class A-5-L Class A-5 Class A-6-L Class A-6 Class B-1-L Class B-1 Class B-2-L Class B-2 Class B-3-L Class B-3 Class B-4-L Class B-4 Class B-5-L Class B-5 Class B-6-L Class B-6
Corresponding Class. With respect to the Certificates and the REMIC III Regular Interests, the "Corresponding Class" shall be as indicated in the following table: Class 1A-L Class 1A Class 1A-1B-L Class 1A-1B Class 2A-L Class 2A Class CA-1B-L Class CA-1B Class CA-1C-L Class CA-1C Class 1X-PPP-L Class 1X-PPP Class 2X-PPP-L Class 2X-PPP Class B-1-L Class B-1 Class B-2-L Class B-2 Class B-3-L Class B-3 Class B-4-L Class B-4 Class B-5-L Class B-5 Class B-6-L Class B-6 Class B-7-L Class B-7 Class B-8-L Class B-8 Class B-9-L Class B-9 Class B-10-L Class B-10 Class B-11-L Class B-11
Corresponding Class. As described in the Preliminary Statement.