Giant PC definition

Giant PC. A Pass-Through PC designated by Xxxxxxx Mac as a Giant PC, representing an undivided beneficial ownership interest in a Pass-Through Pool, in respect of which a single Class has been created, and which is entitled to receive either (a) all of the principal and interest payments made on the Assets or (b) all of the principal and interest payments made on the Assets except any amounts retained by Xxxxxxx Mac.
Sample 1Sample 2Sample 3

Examples of Giant PC in a sentence

  • Thus, if you invest in a Giant PC, the name of the Giant PC will identify for you the type of underlying PC and the applicable Payment Delay.Some PCs represent interests in special types of mortgages, such as relocation mortgages, cooperative share mortgages, extended buydown mortgages, biweekly mortgages, newly originated assumable mortgages or prepayment protection mortgages.

  • Title III of the Emergency Home Finance Act of 1970, as amended, 12 U.S.C. Giant Certificate: A Giant PC or Giant Security.

  • PC: A Xxxxxxx Mac Mortgage Participation Certificate issued pursuant to a PC Agreement and any related pool supplement, guaranteed by Xxxxxxx Mac and representing an undivided beneficial ownership interest in a PC Pool consisting of Mortgages, or a Giant PC.

  • A pass-through security designated by Xxxxxxx Mac as a Giant PC, representing an undivided beneficial ownership interest in a pass-through pool, which pass-through pool is entitled to receive all of the principal and interest payments made on the assets backing such Giant PC, except any amounts retained by Xxxxxxx Mac.

  • An Eligible Security is either an Eligible PC or an Eligible Giant PC, as the case may be.

  • Participation Certificate issued pursuant to a PC Agreement and any related pool supplement, guaranteed by Xxxxxxx Mac and representing an undivided beneficial ownership interest in a PC Pool consisting of Mortgages, or a Giant PC.

  • A Mirror Certificate issued under this Agreement and pursuant to the Exchange Offer and backed by an Eligible Giant PC that does not qualify under SIFMA guidelines for the TBA market.

  • Participation Certificate issued pursuant to a PC Agreement and any related pool supplement, guaranteed by Freddie Mac and representing an undivided beneficial ownership interest in a PC Pool consisting of Mortgages, or a Giant PC.

  • Thus, if you invest in a Giant PC, the name of the Giant PC will identify for you the type of underlying PC and the applicable Payment Delay.Some PCs represent interests in special types of Mortgages, such as relocation Mortgages, cooperative share Mortgages or extended buydown Mortgages.

  • Structure of TransactionThe Classes will represent the entire interest in a pass-through pool consisting of a single Giant PC.

Related to Giant PC

  • Cannabis retailer means any licensed person or entity that purchases or otherwise obtains usable cannabis from cannabis cultivators and cannabis items from cannabis manufacturers or cannabis wholesalers, and sells these to consumers from a retail store, and may use a cannabis delivery service or a certified cannabis handler for the off-premises delivery of cannabis items and related supplies to consumers. A cannabis retailer shall also accept consumer purchases to be fulfilled from its retail store that are presented by a cannabis delivery service which will be delivered by the cannabis delivery service to that consumer.

  • plant products means products of plant origin, unprocessed or having undergone simple preparation in so far as these are not plants, set out in Annex IV-A, Part 3 to this Agreement;

  • Meet-Point Billing (MPB) refers to the billing associated with interconnection of facilities between two or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Total tetrahydrocannabinol means the same as that term is defined in § 3.2-4112.

  • Meet Point A point, designated by the Parties, at which one Party’s responsibility for service begins and the other Party’s responsibility ends.

  • Transport Gas means the gas purchased by a Customer from a supplier other than KUB that Customer has arranged to have Delivered to KUB for delivery to the Customer by KUB.

  • Meet-Point Billing (MPB means the billing associated with interconnection of facilities between two (2) or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • High voltage bus means the electrical circuit, including the coupling system for charging the REESS, that operates on a high voltage.

  • CBM means Capacity Benefit Margin.

  • plant pest means any living organism, other than a vertebrate animal, in any stage of its existence, which is injurious or likely to be injurious to any plant or plant product;

  • Nitrogen oxides means nitric oxide and nitrogen dioxide, expressed as nitrogen dioxide (NO2);

  • Amateur radio operator means a person licensed by the Federal Communications Commission to engage in private and experimental two-way radio operation on the amateur band radio frequencies.

  • Beam axis means a line from the source through the centers of the x-ray fields.

  • Tetrahydrocannabinol means the same as that term is defined in § 3.2-4112.

  • Medical marijuana concentrate means a specific subset of Medical Marijuana that was produced by extracting cannabinoids from Medical Marijuana. Categories of Medical Marijuana Concentrate include Water-Based Medical Marijuana Concentrate, Food-Based Medical Marijuana Concentrate and Solvent-Based Medical Marijuana Concentrate.

  • Coal means high-grade, medium-grade and low-grade category A and B coal within the meaning of the international codification system for coal established by the United Nations Economic Commission for Europe and clarified in the Council decision of 10 December 2010 on State aid to facilitate the closure of uncompetitive coal mines;

  • Net Metering Net metering refers to customers who sell electricity they produce, typically through a rooftop solar panel, back to the utility for credit. If you are a net metering customer, you should not enroll with XOOM because your net metering agreement will not transfer to XOOM once you enroll.

  • Centrex means a Telecommunications Service associated with a specific grouping of lines that uses central office switching equipment for call routing to handle direct dialing of calls, and to provide numerous private branch exchange-like features.

  • Universal Digital Loop Carrier (UDLC means the DLC system that has a CO terminal channel bank that is connected to the CO switches on the analog side.

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per million.

  • Geothermal fluid means water in any form at temperatures greater than 120

  • IntraLATA LEC Toll means IntraLATA Toll traffic carried solely by a Local Exchange Carrier and not by an IXC. "IntraLATA Toll Traffic" describes IntraLATA Traffic outside the Local Calling Area.

  • Sub-contracting means the primary contractor’s assigning or leasing or making out work to, or employing another person to support such primary contractor in the execution of part of a project in terms of the contract.

  • BPO A broker's price opinion with respect to a Mortgaged Property.

  • Upstream means carrying a transmission to the Headend from remote points on the Cable System or from Interconnection points on the Cable System.

  • Cannabis concentrate means cannabis that has undergone a process to concentrate one or more active cannabinoids, thereby increasing the product’s potency. Resin from granular trichomes from a cannabis plant is a concentrate for purposes of this division. A cannabis concentrate is not considered food, as defined by Section 109935 of the Health and Safety Code, or a drug, as defined by Section 109925 of the Health and Safety Code.