Initial Certificate Notional Amount definition

Initial Certificate Notional Amount. With respect to any Class X-1 and Class X-2 Certificates, the amount designated “Initial Certificate Notional Amount” on the face thereof.
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Initial Certificate Notional Amount. With respect to the Class S Certificates, the notional amount of such Certificates on the Closing Date as set forth in Section 6.01 hereof.
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Initial Certificate Notional Amount. With respect to the Class SP Certificates, the amount designated “Initial Certificate Notional Amount” on the face thereof.
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Examples of Initial Certificate Notional Amount in a sentence

  • The Initial Certificate Notional Amount of this Certificate is set forth above.

  • Accordingly, the Certificate Notional Amount of this Certificate at any time may be less than the Initial Certificate Notional Amount set forth on the face hereof, as described herein.

  • Evidencing a beneficial interest in a pool of residential mortgage loans and any other assets established by Initial Class Notional Amount of the Class A-IO2 Certificates: $170,408,000 Certificate Interest Rate: Adjustable Final Scheduled Distribution Date: April 2043 NUMBER 1 Initial Certificate Notional Amount of this Certificate: $170,408,000 Cut-off Date: March 1, 2013 CUSIP: 80000X XX0 THIS CERTIFIES THAT CEDE & CO.

  • Certificate No.: 6-A-X-[_] As of November 1, Date of Pooling and Servicing Agreement: 2004 First Distribution Date: December 25, 2004 Last Scheduled Distribution Date: December 25, 2034 Floating in accordance with Pass-Through Rate: the Agreement Initial Certificate Notional Amount of this Certificate ("Denomination"): $[_______] Initial Certificate Notional Amounts of all Certificates of this Class: $54,125,000 CUSIP: 576433 VR 4 ISIN: US576433VR42 MORTGAGE ASSET SECURITIZATION TRANSACTIONS, INC.

  • Evidencing a beneficial interest in a pool of residential mortgage loans and any other assets established by Initial Class Notional Amount of the Class 1-AX Certificates: $179,733,000 Certificate Interest Rate: Adjustable Final Scheduled Distribution Date: January 2042 NUMBER 1 Initial Certificate Notional Amount of this Certificates: $179,733,000 Cut-off Date: January 1, 2012 CUSIP: 81744T AC1 THIS CERTIFIES THAT CEDE & CO.

  • Evidencing a beneficial interest in a pool of residential mortgage loans and any other assets established by Initial Class Notional Amount of the Class 2-AX Certificates: $201,698,000 Certificate Interest Rate: Adjustable Final Scheduled Distribution Date: January 2042 NUMBER 1 Initial Certificate Notional Amount of this Certificates: $201,698,000 Cut-off Date: January 1, 2012 CUSIP: 81744T AD9 THIS CERTIFIES THAT CEDE & CO.

  • Evidencing a beneficial interest in two pools consisting primarily of certain conventional, first lien, fixed rate and hybrid adjustable rate, fully amortizing and balloon, residential mortgage loans and other assets in a trust fund established by: Initial Class Notional Amount of the Class [__] Certificates: $[__] Initial Certificate Notional Amount of this Certificate: $0 Certificate Interest Rate: Fixed Cut-off Date: December 1, 2007 NUMBER [__] CUSIP: [__] THIS CERTIFIES THAT CEDE & CO.

  • Evidencing a beneficial interest in a pool of residential mortgage loans and any other assets established by Initial Class Notional Amount of the Class A-IO Certificates: $273,280,000 Certificate Interest Rate: Adjustable Final Scheduled Distribution Date: February 2041 NUMBER 1 Initial Certificate Notional Amount of this Certificates: $273,280,000 Cut-off Date: February 1, 2011 CUSIP: 81744R AB7 THIS CERTIFIES THAT CEDE & CO.

  • Evidencing a beneficial interest in a pool of hybrid residential mortgage loans and any other assets established by Initial Class Notional Amount of the Class A-IO Certificates: $222,378,000 Certificate Interest Rate: Adjustable Final Scheduled Distribution Date: February 2040 Initial Certificate Notional Amount of this Certificates: $222,378,000 Cut-off Date: April 1, 2010 NUMBER 1 CUSIP: 81744P AB1 THIS CERTIFIES THAT CEDE & CO.

  • Evidencing a beneficial interest in a pool of residential mortgage loans and any other assets established by Initial Class Notional Amount of the Class A-IO3 Certificates: $157,795,000 Certificate Interest Rate: Adjustable Final Scheduled Distribution Date: April 2043 NUMBER 1 Initial Certificate Notional Amount of this Certificate: $157,795,000 Cut-off Date: March 1, 2013 CUSIP: 81744Y AP1 THIS CERTIFIES THAT CEDE & CO.

Related to Initial Certificate Notional Amount

  • Certificate Notional Amount With respect to any Interest Only Certificate, as of any date of determination, the then notional principal amount on which such Certificate accrues interest, equal to the product of (a) the then Certificate Factor for the Class of Interest Only Certificates to which such Certificate belongs, multiplied by (b) the amount specified on the face of such Certificate as the initial Certificate Notional Amount thereof.

  • Initial Certificate Balance means $[ ].

  • Initial Certificate Principal Balance With respect to each Class of Certificates, the Certificate Principal Balance of such Class of Certificates as of the Cut-off Date, as set forth in the Series Supplement.

  • Certificate Notional Balance With respect to each Certificate of Class X and any date of determination, the product of (i) the Class Certificate Notional Balance of such Class and (ii) the applicable Percentage Interest of such Certificate.

  • Class B Certificate Rate means, for any Interest Period with respect to the Class B Certificates, a per annum rate equal to LIBOR as of the LIBOR Determination Date for such Interest Period plus the Class B Certificate Rate Spread.

  • Class A-AB Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-5 hereto.

  • REMIC Certificate Maturity Date The "latest possible maturity date" of the Regular Certificates as that term is defined in Section 2.07.

  • Class A-X Notional Amount With respect to any Distribution Date, an amount equal to the aggregate Scheduled Principal Balance of the Non-Discount Mortgage Loans.

  • Class A-SB Certificate Any one of the Certificates with a “Class A-SB” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

  • Certificate No 6-A-1-[_] Cut-off Date: October 1, 2004 First Distribution Date: November 25, 2004 Last Scheduled Distribution Date: October 25, 2034 Pass-Through Rate: 5.50% Initial Certificate Principal Balance of this Certificate $[ ] ("Denomination"): Initial Certificate Principal Balances of all Certificates of this Class: $15,000,000 CUSIP: 576434 XA 7 ISIN: US576434XA71 MORTGAGE ASSET SECURITIZATION TRANSACTIONS, INC. MASTR ALTERNATIVE LOAN TRUST 2004-11 Mortgage Pass-Through Certificates, Series 2004-11 Class 6-A-1 evidencing a percentage interest in the distributions allocable to the Certificates of the above-referenced Class with respect to a Trust Fund consisting primarily of conventional mortgage loans (the "Mortgage Loans") secured by first liens on one- to four-family residential properties Mortgage Asset Securitization Transactions, Inc., as Depositor Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance at any time may be less than the Certificate Principal Balance as set forth herein. This Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicer, the Trust Administrator, the Trustee or the Custodians referred to below or any of their respective affiliates. Neither this Certificate nor the Mortgage Loans are guaranteed or insured by any governmental agency or instrumentality. This certifies that [_______] is the registered owner of the Percentage Interest evidenced by this Certificate in certain monthly distributions with respect to a Trust Fund consisting primarily of the Mortgage Loans deposited by Mortgage Asset Securitization Transactions, Inc. (the "Depositor"). The Trust Fund was created pursuant to a Pooling and Servicing Agreement dated as of the Cut-off Date specified above (the "Agreement") among the Depositor, UBS Real Estate Securities Inc., as transferor (the "Transferor"), Wells Fargo Bank, National Association, as master servicer (in such capxxxxx, the "Servicer"), trust administrator (in such capacity, the "Trust Administrator") and a custodian, U.S. Bank National Association, as a custodian and as trustee (the "Trustee"). Distributions on this Certificate will be made primarily from collections on the applicable Mortgage Loans pursuant to the terms of the Agreement. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. This Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trust Administrator.

  • Class A Certificate Rate means, for any Interest Accrual Period with respect to the Class A Certificates, a per annum rate equal to LIBOR plus 0.11%.

  • Payment Date Certificate has the meaning set forth in Section 8.03(a) of the Indenture.

  • Class SB Certificate Any one of the Certificates designated as a Class SB Certificate. Class X Certificate: Any one of the Certificates designated as a Class X Certificate.

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

  • 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.

  • Class X-B Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-7 hereto.

  • Class A-7 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-7 and Exhibit C hereto.

  • Certificate Principal Amount With respect to any Certificate (other than the Interest-Only Certificates and the Class R and Class LT-R Certificates) and any Distribution Date, the maximum specified dollar amount of principal to which the Holder thereof is then entitled hereunder, such amount being equal to the initial principal amount set forth on the face of such Certificate, less (i) the amount of all principal distributions previously made with respect to such Certificate; (ii) the principal portion of all Realized Losses previously allocated to such Certificate; and (iii) any Certificate Writedown Amount previously allocated to such Certificate; provided, however, that on any Distribution Date on which a Subsequent Recovery is distributed, the Certificate Principal Amount of any Certificate then outstanding to which a Certificate Writedown Amount or Realized Loss amount has been applied will be increased sequentially, in order of seniority, by an amount equal to the lesser of (A) the principal portion of any Certificate Writedown Amount or Realized Loss amount previously allocated to that Certificate to the extent not previously recovered and (B) the principal portion of any Subsequent Recovery allocable to such Certificate after application (for this purpose) to more senior Classes of Certificates pursuant to this Agreement; and provided further that on any Distribution Date on which the Aggregate Stated Principal Balance of the Mortgage Loans exceeds the aggregate Certificate Principal Amount, such excess (including any excess attributable to the allocation of Principal Forbearance Amounts) will be allocated to increase the Certificate Principal Amount of any Certificate then outstanding to which a Certificate Writedown Amount or Realized Loss amount has previously been allocated, sequentially in order of seniority, up to the principal amount of such Certificate Writedown Amount or Realized Loss to the extent not previously recovered. The Interest-Only Certificates and the Class R and Class LT-R Certificates are issued without Certificate Principal Amounts.

  • Class A-8 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-8 and Exhibit C hereto.

  • Certificate Rate means 0.00% per annum (computed on the basis of a 360-day year consisting of twelve 30-day months).

  • Class B-1 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-1 and Exhibit C hereto. Class B-1 Certificateholder: The registered holder of a Class B-1 Certificate.

  • Original Certificate Principal Balance With respect to any Class of Certificates, the amount specified for such Class in Section 4.01(d).

  • Class C Certificate Any one of the Certificates with a “Class C” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

  • 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.

  • Class J Certificate means any one of the Certificates with a "Class J" 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.