Exchangeable Certificate definition

Exchangeable Certificate. Any of the Class A-S, Class B, Class PEZ or Class C Certificates.

Exchangeable Certificate means either Exchangeable Certificate 1 or Exchangeable Certificate 2.

Exchangeable Certificate means any or all of the Class 1-A-1M, Class 1-A-1S, Class 4-A-1M and Class 4-A-1S Certificates.

Examples of Exchangeable Certificate in a sentence

• The notice must (i) be set forth on the applicable Certificateholder’s letterhead, (ii) carry a medallion stamp guarantee and (iii) set forth the following information: the CUSIP number of each Exchangeable Certificate to be exchanged and each Exchangeable Certificate to be received; the outstanding Certificate Principal Balance and the initial Certificate Principal Balance of the Exchangeable Certificates to be exchanged, the Certificateholder’s DTC participant number; and the proposed Exchange Date.

• The Certificate Administrator shall make the first distribution on an Exchangeable Certificate received by a Certificateholder in any exchange on the Distribution Date in the month following the month of exchange to the Certificateholder of record as of the applicable Record Date for such Certificate and Distribution Date.

• Upon any such exchange the portions of the Exchangeable REMIC Certificates designated for exchange shall be deemed cancelled and replaced by the Exchangeable Certificate issued in exchange therefor.

• The Securities Administrator shall make the first distribution on an Exchangeable Certificate or an Exchangeable REMIC Certificate received in an exchange transaction on the Distribution Date in the month following the month of the exchange to the Certificateholder of record as of the close of business on the last day of the month of the exchange.

• The notice must (i) be set forth on the applicable Certificateholder’s letterhead, (ii) carry a medallion stamp guarantee and (iii) set forth the following information: the CUSIP number of each Exchangeable Certificate to be exchanged and each Exchangeable Certificate to be received; the outstanding Certificate Balance and the initial Certificate Balance of the Exchangeable Certificates to be exchanged, the Certificateholder’s DTC participant number; and the proposed Exchange Date.

More Definitions of Exchangeable Certificate

Exchangeable Certificate means either Exchangeable Certificate 1, Exchangeable Certificate 2, Exchangeable Certificate 3, Exchangeable Certificate 4, Exchangeable Certificate 5, Exchangeable Certificate 6, Exchangeable Certificate 7, Exchangeable Certificate 8, Exchangeable Certificate 9, Exchangeable Certificate 10 or Exchangeable Certificate 11.

Exchangeable Certificate means any or all of the Class 2-A-1A, Class 2-A-1B, Class 2-A-1C, Class 2-A-1D, Class 2-A-1E, Class 2-A-1F, Class 2-A-1G, Class 2-A-1H, Class 2-A-1I, Class 2-A-1J, Class 3-A-1A, Class 3-A-1B, Class 3-A-1C, Class 3-A-1D, Class 3-A-1E, Class 3-A-1F, Class 3-A-1G, Class 3-A-1H, Class 3-A-1I and Class 3-A-1J Certificates.

Exchangeable Certificate means any of the Class 1-A-3, Class 1-A-8, Class 1-A-10, Class 1-A-17, Class 1-A-35, Class 1-A-36, Class 1-A-37, Class 1-A-38, Class 1-A-42, Class 1-A-43, Class 1-A-44, Class 1-A-45, Class 1-A-46, Class 1-A-47, Class 1-A-48, Class 1-A-51, Class 1-A-52, Class 1-A-53, Class 1-A-64, Class 1-A-65, Class 1-A-66, Class 1-A-67, Class 1-A-68, Class 1-A-69, Class 1-A-70, Class 1-A-71, Class 1-A-72, Class 1-A-73, Class 1-A-74, Class 1-A-75, Class 1-A-76, Class 1-A-77, Class 1-A-78, Class 1-A-79, Class 1-A-80, Class 1-A-81, Class 1-A-82, Class 1-A-83, Class 1-A-84, Class 1-A-85, Class 1-A-86, Class 1-A-87, Class 1-A-88, Class 1-A-89, Class 1-A-90, Class 1-A-91, Class 1-A-92, Class 1-A-96, Class 1-A-97, Class 1-A-98, Class 1-A-99, Class A-100, Class A-101, Class A-102, Class A-103, Class A-104, Class A-105, Class A-106, Class A-107, Class A-108, Class A-109, Class A-110, Class A-111, Class A-112, Class A-113 and Class A-114 Certificates.

Exchangeable Certificate means any or all of the Class 2-A-1A, Class 2-A-1B, Class 2-A-1C, Class 2-A-1D, Class 2-A-1E, Class 2-A-1F, Class 2-A-1G, Class 2-A-1H, Class 2-A-1I, Class 2-A-1J, Class 3-A-1A, Class 3-A-1B, Class 3-A-1C, Class 3-A-1D, Class 3-A-1E, Class 3-A-1F, Class 3-A-1G, Class 3-A-1H, Class 3-A-1I, Class 3-A-1J, Class 4-A-1A, Class 4-A-1B, Class 4-A-1C, Class 4-A-1D, Class 4-A-1E, Class 4-A-1F, Class 4-A-1G, Class 4-A-1H, Class 4-A-1I and Class 4-A-1J Certificates.

Exchangeable Certificate. Any of the Class [__], Class [__], Class PEZ or Class [__] Certificates.]

Exchangeable Certificate means any of Exchangeable Certificate 1, Exchangeable Certificate 2, Exchangeable Certificate 3, Exchangeable Certificate 4, Exchangeable Certificate 5, Exchangeable Certificate 6, Exchangeable Certificate 7, Exchangeable Certificate 8, Exchangeable Certificate 9, Exchangeable Certificate 10, Exchangeable Certificate 11, Exchangeable Certificate 12, Exchangeable Certificate 13, Exchangeable Certificate 14, Exchangeable Certificate 15, Exchangeable Certificate 16, Exchangeable Certificate 17, Exchangeable Certificate 18, Exchangeable Certificate 19, Exchangeable Certificate 20, Exchangeable Certificate 21, Exchangeable Certificate 22, Exchangeable Certificate 23, Exchangeable Certificate 24, Exchangeable Certificate 25, Exchangeable Certificate 26, Exchangeable Certificate 27, Exchangeable Certificate 28, Exchangeable Certificate 29, Exchangeable Certificate 30, Exchangeable Certificate 31, Exchangeable Certificate 32, Exchangeable Certificate 33, Exchangeable Certificate 34, Exchangeable Certificate 35, Exchangeable Certificate 36 or Exchangeable Certificate 37.

Exchangeable Certificate means the certificate designated the "Exchangeable Certificate" under the Servicing Agreement executed by Buyer and authenticated by the Trustee and exchangeable for one or more Series of Investor Certificates and a reissued Exchangeable Certificate issued pursuant to the Servicing Agreement.