Current Certificate Balance means the Current Class A Certificate Balance or the Current Class B Certificate Balance, as appropriate.
Current Certificate Balance. ' means the Current Class A Certificate Balance or the Current Class B Certificate Balance, as appropriate.
Examples of Current Certificate Balance in a sentence
DTC will give the DTC Participant(s) for the interests so selected written notice of the selection, which will specify the date and nature of such action and the aggregate Current Certificate Balance of Class A Certificates to be selected.
Once such aggregate Current Certificate Balance of the Class B Certificates has been reduced to below $15,000,000 or a Termination Event exists hereunder (the date of occurrence of either such event, a “Special Servicing Crossover Date”), Freddie Mac may control and direct all special servicing activities, but such Special Servicer may continue as special servicer under the direction of Freddie Mac, subject to termination for cause.