Initial Trust Certificate Balance definition

Initial Trust Certificate Balance means $217,159,875.53.
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Initial Trust Certificate Balance means $[•].
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Initial Trust Certificate Balance means $256,024,096.62.
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Examples of Initial Trust Certificate Balance in a sentence

  • Concurrently with the transfer of the 2024-B Series Certificate to the Issuing Entity, the Owner Trustee shall cause to be executed on behalf of the Issuing Entity the Trust Certificate in an aggregate principal amount equal to the Initial Trust Certificate Balance, authenticated and delivered to or upon the written order of the Depositor, in authorized denominations, evidencing the entire ownership of the Issuing Entity.

Related to Initial Trust Certificate Balance

  • Trust Certificates means the asset backed certificates issued pursuant to the Trust Agreement, substantially in the form of Exhibit A to the Trust Agreement.

  • Certificate Balance As to any Outstanding Certificate prior to the initial Distribution Date, the denomination thereof; and as to any such Outstanding Certificate subsequent to such initial Distribution Date, the denomination thereof multiplied by the then applicable Class Factor.

  • Class B Certificateholder means the Person in whose name a Class B Certificate is registered in the Certificate Register.