Fixed Strip Certificates definition

Fixed Strip Certificates. The Class A-7 Certificates.
Sample 1Sample 2Sample 3
Fixed Strip Certificates. The Class A-IO Certificates.
Sample 1

Examples of Fixed Strip Certificates in a sentence

  • References in this prospectus supplement to the Notional Amount are used solely for some calculations and do not represent the right of the Fixed Strip Certificates to receive distributions allocable to principal.

  • The Notional Amount of the Fixed Strip Certificates as of any distribution date after the distribution date in ________ will be equal to $0.

  • Notional Amount -- With respect to the Fixed Strip Certificates as of any distribution date prior to the distribution date in _______, the sum of: o the lesser of: o $________ and o the aggregate Certificate Principal Balance of the Class A-I Certificates on that distribution date and o the lesser of o $_________ an o the aggregate Certificate Principal Balance of the [Class A-II] Certificates on that distribution date.

  • Thus, with respect to the preceding two sentences, the LIBOR Certificates, the Class X Fixed Strip Certificates and the Class X Variable Strip Certificates shall be treated as representing ownership of Master REMIC regular interests coupled with contractual rights.

  • The Senior Certificates (other than the Fixed Strip Certificates) shall be issuable in minimum dollar denominations of $25,000 and integral multiples of $1 in excess thereof.

  • The Fixed Strip Certificates shall be issuable in minimum dollar denominations representing initial Notional Amounts of $2,000,000 and integral multiples of $1 in excess thereof.

  • Similarly the Trustee shall treat the rights of the holders of the LIBOR Certificates to receive payments of interest that would otherwise be payable to the holders of the Class X Fixed Strip Certificates at a per annum pass-through rate of 0.80%, as rights in a notional principal contract written by the Holders of the Class X Fixed Strip Certificates.

Related to Fixed Strip Certificates

  • Group 1 Certificates As specified in the Preliminary Statement.

  • Group 2 Certificates As specified in the Preliminary Statement.

  • Class B-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class A-P Certificate Any one of the Certificates designated as a Class A-P Certificate.

  • Class B-5 Certificates The Certificates designated as “Class B-5” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Group 4 Certificates As specified in the Preliminary Statement.

  • Group 3 Certificates As specified in the Preliminary Statement.

  • Class B-1 Certificates All Certificates bearing the class designation of "Class B-1".

  • Class A-1 Certificates All Certificates bearing the class designation of "Class A-1".

  • Group 1 Certificate Any Class A-1 or Class A-R Certificate.

  • Class B-2 Certificates All Certificates bearing the class designation of "Class B-2".

  • Class B-4 Certificates The Certificates designated as “Class B-4” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Group 2 Certificate Any Class A-2 Certificate.

  • Class B Certificates The Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates.

  • Group III Certificates The Group III-A Certificates.

  • Class M Certificates Any of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-6 Certificates.

  • Class P Certificates All Certificates bearing the class designation of "Class P".

  • Class C Certificates Any one of the Class C Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-18, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 4.

  • Class H Certificate means any of the Certificates with a "Class H" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • COFI Certificates As specified in the Preliminary Statement.

  • Class I-A-1 Certificate Any Certificate designated as a "Class I-A-1 Certificate" on the face thereof, in the form of Exhibit A-1 hereto, representing the right to the Percentage Interest of distributions provided for the Class I-A-1 Certificates as set forth herein and evidencing a Regular Interest in REMIC II.

  • Class B-6 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-6 and Exhibit C hereto. Class B-6 Certificateholder: The registered holder of a Class B-6 Certificate.

  • Class A-6 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-6 and Exhibit C hereto.

  • Group II Certificates The Class A-2A, Class A-2B, Class A-2C and Class A-2D Certificates.

  • REMIC I Certificates The Class R-I Certificates.

  • Class B-5 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-5 and Exhibit C hereto. Class B-5 Certificateholder: The registered holder of a Class B-5 Certificate.