Exchangeable Certificates definition

Exchangeable Certificates. The Class A-S, Class B, Class C and Class PEX Certificates.

Exchangeable Certificates. As specified in the Preliminary Statement.

Exchangeable Certificates. Each Class of Certificates identified as such in Appendix A hereto and issued hereunder.

Examples of Exchangeable Certificates in a sentence

• The Certificateholder and the Certificate Administrator shall utilize the “deposit and withdrawal system” at the Depository to effect such exchange of the applicable Exchangeable Certificates.

• With respect to each Class of Exchangeable Certificates, the Certificate Administrator is hereby directed to assume that DTC is the only “middleman” as defined by the WHFIT Regulations unless it has actual knowledge to the contrary or the Depositor provides the Certificate Administrator with the identities of the other “middlemen” that are Certificateholders.

• The Certificateholder and the Certificate Registrar shall utilize the “deposit and withdrawal system” at the Depository to effect the exchange of the applicable Exchangeable Certificates.

• Exchangeable Certificates shall be exchangeable on the books of the Depository for the corresponding Exchangeable Certificates on and after the Closing Date, by notice to the Certificate Administrator substantially in the form of Exhibit X attached hereto.

• At the request of the Holder of Class PEX Certificates, and upon the surrender of such Exchangeable Certificates, the Certificate Administrator, shall exchange such Exchangeable Certificates for Class A-S, Class B and Class C Certificates in the Exchange Proportion and with an original aggregate Certificate Principal Balance equal to the original aggregate Certificate Principal Balance of the Class PEX Certificates exchanged therefor.

More Definitions of Exchangeable Certificates

Exchangeable Certificates. The Class V-2A Certificates, Class V-2B Certificates, Class V-2C Certificates, Class V-2D Certificates, Class V-2E Certificates, Class V-3AB Certificates, Class V-3C Certificates, Class V-3D Certificates, Class V-3E Certificates and the Certificates constituting the VRR Interest, collectively.

Exchangeable Certificates. The Class 1A-1, Class 1A-6, Class 1A-7, Class 1A-11, Class 2A-1, Class 2A-3 and Class 3A-3 Certificates.

Exchangeable Certificates. The Certificates designated as Exchangeable Certificates in the Preliminary Statement issued or issuable pursuant to the Trust Agreement in exchange for and in accordance with the Trust Agreement for the applicable Exchangeable REMIC Certificates.

Exchangeable Certificates. The Certificates designated as Exchangeable Certificates in Section 4.01 issued or issuable pursuant to the Trust Agreement in exchange for the applicable Exchangeable Initial Certificates in accordance with the Trust Agreement.

Exchangeable Certificates. The Class 3-A-18, Class 3-A-19, Class 3-A-20, Class 3-A-21, Class 3-A-22, Class 3-A-23, Class 3-A-24, Class 3-A-25, Class 3-A-26, Class 3-A-27, Class 3-A-28, Class 3-A-29, Class 3-A-30, Class 3-A-31, Class 3-A-32, Class 3-A-33, Class 3-A-34 and Class 3-A-35.

Exchangeable Certificates. As defined in the Series Supplement.

Exchangeable Certificates. The Class 1-A-20, Class 1-A-21, Class 1-A-22, Class 1-A-23 and Class 1-A-24 Certificates.