ERISA Restricted Certificates definition

ERISA Restricted Certificates. Any Class B-4, Class B-5 or Class B-6 Certificate.
ERISA Restricted Certificates. Any of the Class CE, Class P and Residual Certificates.
ERISA Restricted Certificates. The Class C Certificates and Class P Certificates and any other Certificate, as long as the acquisition and holding of such Certificate is not covered by and exempt under an underwriter's exemption.

Examples of ERISA Restricted Certificates in a sentence

  • For purposes of clause (i) of the second preceding sentence, such representation shall be deemed to have been made to the Certificate Registrar by the acceptance by a Certificate Owner of a Book-Entry Certificate of the beneficial interest in any such Class of ERISA Restricted Certificates, unless the Certificate Registrar shall have received from the transferee an alternative representation acceptable in form and substance to the Depositor.

  • For purposes of clause (i) of the preceding sentence, such representation shall be deemed to have been made to the Servicer by the transferee's acceptance of an ERISA Restricted Certificate (or the acceptance by a Certificate Owner of the beneficial interest in any Class of ERISA Restricted Certificates) unless the Servicer shall have received from the transferee an alternative representation acceptable in form and substance to the Servicer.

  • Very truly yours, [The Purchaser] By: Name: Title: 1 If subject Class VRR Certificates are ERISA Restricted Certificates.

  • For purposes of clause (i) of the preceding sentence, such representation shall be deemed to have been made to the Trustee by the transferee's acceptance of an ERISA Restricted Certificate (or the acceptance by a Certificate Owner of the beneficial interest in any Class of ERISA Restricted Certificates) unless the Trustee shall have received from the transferee an alternative representation acceptable in form and substance to the Trustee.

  • No transfer of all or any portion of any Class of Book-Entry Certificates that are ERISA Restricted Certificates shall be made to a transferee that is a Plan Investor, and each Beneficial Owner of such a Certificate shall be deemed to have represented, by virtue of its acquisition of such a Certificate, that it is not a Plan Investor.


More Definitions of ERISA Restricted Certificates

ERISA Restricted Certificates. Any Class 1-B-4, Class 1-B-5, Class 1-B-6, Class 2-B-4, Class 2-B-5, Class 2-B-6, Class 3-B-4, Class 3-B-5 or Class 3-B-6 Certificate.
ERISA Restricted Certificates. The Class B-4, Class B-5, Class B-6, Class A-R and Class Y Certificates and any Certificate that does not satisfy the applicable rating requirement under the Underwriter’s Exemption.
ERISA Restricted Certificates. The Class M-1, Class M-2, Class B-1, Class B-2, Class X and Class R Certificates.
ERISA Restricted Certificates. As specified in the Preliminary Statement.
ERISA Restricted Certificates. The Class A-R, Class C and Class P Certificates.
ERISA Restricted Certificates. The Class A-R Certificates, and, until they have been the subject of an ERISA-Qualifying Underwriting, the Class A-IO Certificates; and any class of Certificates that does not satisfy the applicable rating requirement under the Underwriter's Exemption.
ERISA Restricted Certificates. With respect to any Series, any Certificates of a Class that are subordinated to the Certificates of any other Class of such Series with respect to the allocation of Writedown Amounts, or, if the related Pooling and Servicing Agreement does not provide for the allocation of Writedown Amounts, the Certificates designated as "ERISA Restricted Certificates" in the related Pooling and Servicing Agreement.