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Corresponding Class of Certificates definition

Corresponding Class of Certificates. With respect to each Lower-Tier Interest, the Class or Classes of Certificates appearing opposite such Lower-Tier Interest, as described in the Preliminary Statement to this Agreement.
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Corresponding Class of Certificates. As to any Lower REMIC Interest identified in Section 2.7, the Class or Classes that are identified in Section 2.7 as corresponding to such Lower REMIC Interest.
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Corresponding Class of Certificates. As to any Middle REMIC Interest identified in Section 2.7, the Class or Classes that are identified in Section 2.7 as corresponding to such Middle REMIC Interest.
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Examples of Corresponding Class of Certificates in a sentence

  • With respect to each Class of REMIC III Regular Interests, the Holder of the Corresponding Class of Certificates.

  • As of any date, the principal balance of each Middle-Tier REMIC Regular Interest shall equal the Class Principal Balance of the respective Corresponding Class of Certificates.

  • With respect to each Class of REMIC II Regular Interests, the Holder of the Corresponding Class of Certificates.

  • As of any date, the principal balance of each REMIC II Regular Interest shall equal the Class Principal Balance of the respective Corresponding Class of Certificates.

  • In the event any class of Upper-Tier Regular Interest corresponding to a class of Offered Certificates is subject to the Upper-Tier REMIC WAC Rate, and such rate exceeds the applicable Pass-Through Rate of the Corresponding Class of Certificates as a result of a Swap Termination Payment, such excess shall be deemed first paid to the related Upper-Tier Regular Interest and then paid to the Class X Certificates in a manner analogous to Class IO Shortfalls.

  • On each Distribution Date, all Realized Losses, Subsequent Recoveries and all payments of principal shall be allocated to the Upper-Tier REMIC Regular Interests until the outstanding principal balance of each such interest equals the outstanding Class A Subclass Principal Balance or Class M Subclass Principal Balance of the Corresponding Class of Certificates as of such Distribution Date.

  • Any Shortfall allocated to the Subaccounts in turn shall be allocated to reduce the amount of interest distributable on the Corresponding Class of Certificates.

  • With respect to each Class of REMIC III Regular Interests (other than the Class 1X-2 Certificates), the Holder of the Corresponding Class of Certificates.

  • In the event any class of Upper-Tier Regular Interest corresponding to a class of Offered Certificates is subject to the Upper-Tier REMIC WAC Rate, and such rate exceeds the applicable Pass-Through Rate of the Corresponding Class of Certificates as a result of a Swap Termination Payment or otherwise, such excess shall be deemed first paid to the related Upper-Tier Regular Interest and then paid to the Class X Certificates in a manner analogous to Class IO Shortfalls.

  • On each Distribution Date principal shall be distributed to each Middle-Tier Interest in Middle-Tier REMIC 2 (other than the Class MT2-X and Class MT2-R Interests) until the principal balance of each such interest equals the Class Principal Amount of the Corresponding Class of Certificates immediately after such Distribution Date.


More Definitions of Corresponding Class of Certificates

Corresponding Class of Certificates. With respect to each Upper-Tier Interest (other than the UT-R Interest), the Class or Classes of Certificates appearing opposite such Upper-Tier Interest, as described in the Preliminary Statement to this Agreement.
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Corresponding Class of Certificates. With respect to each class of the Class I-A-1, I-A-2, X-X-0, X- X-0, X-X-0, X-X-0, I-A-7, I-A-8, I-A-9, I-A-10, and I-B Certificates in REMIC I described in Section 2.08 hereof, the Class A-1, Class A-2 Fixed, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A-9, Class A-10 and Class B Certificates, respectively.
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Corresponding Class of Certificates. With respect to each Subsidiary REMIC Interest, any Class of Certificates appearing opposite such Subsidiary REMIC Interest in the Preliminary Statement.
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Corresponding Class of Certificates. As specified in the Preliminary Statement.
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Related to Corresponding Class of Certificates

  • Corresponding Classes of Certificates With respect to each REMIC Regular Interest, any Class of Certificates appearing opposite such REMIC Regular Interest in Section 1.03 hereof.

  • Junior Class of Certificates The Class of Subordinate Certificates outstanding as of the date of the repurchase of a Mortgage Loan pursuant to Section 4.07 herein that has the Lowest Priority.

  • 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").

  • 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

  • Class P Certificates All Certificates bearing the class designation of "Class P".

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

  • Group 1 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 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 B-4 Certificates The Certificates designated as “Class B-4” 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.

  • Certificate Percentage Interest means, with respect to a Certificate, the percentage specified on such Certificate as the Certificate Percentage Interest, which percentage represents the beneficial interest of such Certificate in the Trust. The initial Certificate Percentage Interest held by the Depositor shall be 100%.

  • Class F Certificate Any one of the Certificates with a “Class F” 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 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.

  • Group 2 Certificates As specified in the Preliminary Statement.

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

  • Group 3 Certificates As specified in the Preliminary Statement.

  • 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 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-1 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-1 and Exhibit C hereto. Class B-1 Certificateholder: The registered holder of a Class B-1 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-1 Certificates All Certificates bearing the class designation of "Class A-1".

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

  • Group 4 Certificates As specified in the Preliminary Statement.

  • Group 1 Certificate Any Class A-1 or Class A-R Certificate.

Most Referenced Clauses

Most Referenced Definitions