Initial Certificates definition

Initial Certificates. Means the certificates issued and authenticated hereunder substantially in the form of Exhibit A hereto other than the Exchange Certificates.
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Initial Certificates. Has the meaning specified in Section 3.01 of this Trust Supplement.
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Initial Certificates has the meaning set forth in the preamble of this Agreement.
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Examples of Initial Certificates in a sentence

  • With respect to any Distribution Date, the Outstanding Certificate Principal Balance (or notional amount, as applicable) of the Exchangeable Initial Certificates and Exchangeable Certificates will depend upon, among other factors, which exchanges, if any, have taken place hereunder.

  • Upon any such exchange the portions of the Exchangeable Initial Certificates designated for exchange shall be deemed cancelled and replaced by the Exchangeable Certificate issued in exchange therefor.

  • The Certificates authorized by this Trust Agreement shall consist of each Class of Exchangeable Certificates and certificated Class of Exchangeable Initial Certificates having the characteristics specified or determined as described in Appendix A, and otherwise shall be subject to the terms and provisions set forth herein.

  • The Trustee acknowledges (i) the transfer and assignment to it of the Uncertificated REMIC Interests pursuant to Section 4.01(e) of the Pooling and Servicing Agreement and (ii) any transfer and assignment of certificated Exchangeable Initial Certificates pursuant to the foregoing paragraph, and hereby declares that it will hold the same in trust for the Certificateholders on the terms in this Trust Agreement contained.

  • Correspondingly, Exchangeable Certificates may be further designated for exchange for Certificates of the related Exchangeable Initial Certificates in respective denominations determined based on the proportion that the initial Outstanding Certificate Principal Balances of such Exchangeable Initial Certificates bear to the Original Certificate Principal Balances of the related Exchangeable Certificates, as set forth in Appendix A.


More Definitions of Initial Certificates

Initial Certificates. The Home Loan-Backed Certificates, Series 2002-HI1, issued on the Closing Date, each evidencing undivided beneficial interests in the Issuer and executed by the Owner Trustee.
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Initial Certificates. The Home Equity Loan-Backed Certificates, Series 2005-HSA1, issued on the Closing Date, each evidencing undivided beneficial interests in the Issuer and executed by the Owner Trustee. Initial Class A-I-1 Security Balance: $114,788,000. Initial Class A-I-2 Security Balance: $10,530,000. Initial Class A-I-3 Security Balance: $20,544,000. Initial Class A-I-4 Security Balance: $13,717,000. Initial Class A-I-5 Security Balance: $17,790,000. Initial Class A-II Security Balance: $101,478,500. Initial Security Balance: With respect to the Initial Certificates, $0.00, the Term Notes, as listed above for each Class and the Variable Funding Notes, $0.00.
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Initial Certificates. Means the certificates issued and authenticated hereunder substantially in the form of Exhibit A hereto other than the Exchange Certificates. 77 -7- Initial Purchasers: Means, collectively, Morgxx Xxxnxxx & Xo. Incorporated, Donaxxxxx, Xxfkin & Jenrxxxx Xxxurities Corporation, Merrxxx Xxxch, Pierce, Fennxx & Xmitx Xxxorporated and Saloxxx Xxxxx Barney Inc.
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Initial Certificates. The Home Equity Loan-Backed Certificates, Series 2002-HS3, issued on the Closing Date, each evidencing undivided beneficial interests in the Issuer and executed by the Owner Trustee. Initial Class A-I-1 Security Balance: $83,000,000. ------------------------------------ Initial Class A-I-2 Security Balance: $35,000,000. ------------------------------------ Initial Class A-I-3 Security Balance: $37,000,000. ------------------------------------ Initial Class A-I-4 Security Balance: $37,000,000. ------------------------------------ Initial Class A-I-5 Security Balance: $10,500,000. ------------------------------------ Initial Class A-I-6 Security Balance: $22,500,000. ------------------------------------ Initial Class A-I-IO Security Balance: $0. ------------------------------------- Initial Class A-II Security Balance: $207,500,000. -----------------------------------
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Initial Certificates means the Beneficial Interest Certificates issued on the Initial Closing Date.
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Initial Certificates. Means the "Initial Certificates" issued and authenticated under this Pass-Through Trust Agreement, and any certificates issued and authenticated hereunder substantially in the form of Exhibit A thereto, other than the Exchange Certificates.
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Initial Certificates. The Home Equity Loan-Backed Certificates, Series 2003-HS2, issued on the Closing Date, each evidencing undivided beneficial interests in the Issuer and executed by the Owner Trustee. Initial Class A-I-1A Security Balance: $50,000,000. ------------------------------------- Initial Class A-I-1B Security Balance: $179,529,000. ------------------------------------- Initial Class A-I-2 Security Balance: $68,695,000. ------------------------------------ Initial Class A-I-3 Security Balance: $14,367,000. ------------------------------------ Initial Class A-I-4 Security Balance: $33,534,000. ------------------------------------ Initial Class A-I-IO Security Balance: $0. ------------------------------------- Initial Class M-I-1 Security Balance: $18,525,000. ------------------------------------ Initial Class M-I-2 Security Balance: $15,600,000. ------------------------------------ Initial Class M-I-3 Security Balance: $9,750,000. ------------------------------------ Initial Class A-II-A Security Balance: $100,000,000. ------------------------------------- Initial Class A-II-B Security Balance: $163,250,000. -------------------------------------
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