Examples of Guaranteed Certificates in a sentence
The Guaranteed Certificates are entitled to distributions solely as described in the Trust Agreement on the related Distribution Date.
The Trust will issue, but Freddie Mac will not guarantee, the Non- Guaranteed Certificates, which are not offered pursuant to this Offering Circular.
Such amounts shall be allocated by the Trustee to Holders of Guaranteed Certificates entitled to such payments in the same manner as principal and interest distributions are to be allocated with respect to such Certificates pursuant to Section 5.02.
However, any payments made on the Guaranteed Certificates from funds in the Policy Payments Account shall be noted as provided in subsection (e) below.
Any funds remaining in the Policy Payments Account on the first Business Day after each Distribution Date (other than the final Distribution Date to the extent of funds remaining in the Policy Payments Account required to be paid to Holders of the Guaranteed Certificates) shall be remitted promptly to the Certificate Insurer pursuant to the written instruction of the Certificate Insurer.