Corresponding Class of Reference Tranche definition

Corresponding Class of Reference Tranche means, with respect to (i) the Class 1M-1 Notes, the Class 1M-1 Reference Tranche; (ii) the Class 1M-2A Notes, the Class 1M-2A Reference Tranche; (iii) the Class 1M-2B Notes, the Class 1M-2B Reference Tranche; (iv) the Class 1M-2C Notes, the Class 1M-2C Reference Tranche and (v) the Class 1B-1 Notes, the Class 1B-1 Reference Tranche.
Corresponding Class of Reference Tranche means, with respect to (i) the Class 2M-1 Notes, the Class 2M-1 Reference Tranche; (ii) the Class 2M-2A Notes, the Class 2M-2A Reference Tranche; (iii) the Class 2M-2B Notes, the Class 2M-2B Reference Tranche; (iv) the Class 2M-2C Notes, the Class 2M-2C Reference Tranche and (v) the Class 2B-1 Notes, the Class 2B-1 Reference Tranche.
Corresponding Class of Reference Tranche means, with respect to (i) the Class 1M-1 Notes, the Class 1M-1 Reference Tranche; (ii) the Class 1M-2A Notes, the Class 1M-2A Reference Tranche; (iii) the Class 1M-2B Notes, the Class 1M-2B Reference Tranche; (iv) the Class 1M-2C Notes, the Class 1M-2C Reference Tranche; (v) the Class 1B-1A Notes, the Class 1B-AH Reference Tranche; (vi) the Class 1B-1B Notes, the Class 1B-BH Reference Tranche; and (vii) the Class 1B-2 Notes, the Class 1B-2 Reference Tranche.

Examples of Corresponding Class of Reference Tranche 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.

  • 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.

  • 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.

  • 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 Original 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 Calculated Tranche Write-up Amounts to such Class of Reference Tranche on such Payment Date pursuant to Section 3.03(c) above.

  • 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 (d) of Exhibit J.

  • 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 Calculated Tranche Write-up Amounts to such Class of Reference Tranche on such Payment Date pursuant to Section 3.03(c) above.

  • On each Payment Date on or prior to the Group 1 Termination Date or Group 2 Termination Date, as applicable, the Class Principal Balance of each Class of Notes will be reduced, without any corresponding payment of principal, by the amount of the reduction, if any, in the Class Notional Amount of the Corresponding Class of Reference Tranche due to the allocation of the related Calculated Tranche Write-down Amounts to such Class of Reference Tranche on such Payment Date pursuant to Section 3.03(d) above.

  • On each Payment Date on or prior to the Group 1 Termination Date or Group 2 Termination Date, as applicable, the Class Principal Balance of each Class of Notes 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 related Calculated Tranche Write-up Amounts to such Class of Reference Tranche on such Payment Date pursuant to Section 3.03(e) above.

  • On each Payment Date on or prior to the Group 1 Termination Date or Group 2 Termination Date, as applicable, Xxxxxx Mae will pay principal on each Class of Notes in reduction of its Class Principal Balance in an amount equal to the portion of the related Senior Reduction Amount and/or Subordinate Reduction Amount, as applicable, allocated to reduce the Class Notional Amount of the Corresponding Class of Reference Tranche on such Payment Date pursuant to Sections 3.03(b) and (c) above.

  • On each Payment Date on or prior to the Termination Date, the Class Principal Balance of each Class of Original Principal Balance 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.


More Definitions of Corresponding Class of Reference Tranche

Corresponding Class of Reference Tranche means with respect to (i) the Class M-1 Notes, the Class M-1 Reference Tranche, (ii) the Class M-2 Notes, the Class M-2 Reference Tranche and (iii) the Class B-1 Notes, the Class B-1 Reference Tranche.
Corresponding Class of Reference Tranche means, with respect to (i) the Class 1M-1 Notes, the Class 1M-1 Reference Tranche; (ii) the Class 1M-2A Notes, the Class 1M-2A Reference Tranche; (iii) the Class 1M-2B Notes, the Class 1M-2B Reference Tranche; (iv) the Class 1M-2C Notes, the Class 1M-2C Reference Tranche, (v) the Class 1B-1 Notes, the Class 1B-1 Reference Tranche, (vi) the Class 2M-1 Notes, the Class 2M-1 Reference Tranche; (vii) the Class 2M-2A Notes, the Class 2M-2A Reference Tranche; (viii) the Class 2M-2B Notes, the Class 2M-2B Reference Tranche; (ix) the Class 2M-2C Notes, the Class 2M-2C Reference Tranche and (x) the Class 2B-1 Notes, the Class 2B-1 Reference Tranche.
Corresponding Class of Reference Tranche means, with respect to (i) the Class M-1 Notes, the Class M-1 Reference Tranche; and (ii) the Class M-2 Notes, the Class M-2 Reference Tranche.