Examples of Junior Certificates in a sentence
As to any Distribution Date and amounts distributable pursuant to clauses (i) and (iii) of the definition of Junior Optimal Principal Amount, and as to each Class of Junior Certificates, the fraction, expressed as a percentage, the numerator of which is the Class Certificate Principal Balance of such Class and the denominator of which is the aggregate Class Certificate Principal Balance of the Junior Certificates.
The Master Servicer shall provide and cause each Servicer to provide in accordance with the related Purchase and Servicing Agreement to the OTS and the FDIC and to comparable regulatory authorities supervising Holders of Junior Certificates and the examiners and supervisory agents of the OTS, the FDIC and such other authorities, access to the documentation regarding the Mortgage Loans required by applicable regulations of the OTS and the FDIC.
Each Class of Junior Certificates that received a full pro rata share as described above will be allocated any remaining amount in respect of clauses (ii) and (iii) of the definition of Junior Optimal Principal Amount, pro rata (based on the Certificate Principal Balances of only those Junior Certificates that received a full pro rata share).
The Master Servicer shall provide and cause each Servicer to provide in accordance with the related Sale and Servicing Agreement to the OTS and the FDIC and to comparable regulatory authorities supervising Holders of Junior Certificates and the examiners and supervisory agents of the OTS, the FDIC and such other authorities, access to the documentation regarding the Mortgage Loans required by applicable regulations of the OTS and the FDIC.
The Servicer shall provide to the OTS and the FDIC and to comparable regulatory authorities supervising Holders of Junior Certificates and the examiners and supervisory agents of the OTS, the FDIC and such other authorities, access to the documentation regarding the Mortgage Loans required by applicable regulations of the OTS and the FDIC.
As to any Distribution Date and amounts distributable pursuant to clauses (i) and (iii) of the definition of Junior Principal Distribution Amount, and as to each Class of Junior Certificates, the fraction, expressed as a percentage, the numerator of which is the Class Certificate Principal Balance of such Class immediately prior to such Distribution Date and the denominator of which is the aggregate Class Certificate Principal Balance of the Junior Certificates immediately prior to such Distribution Date.
The Master Servicer shall provide and cause each Servicer to provide in accordance with the related Servicing Agreement to the OTS and the FDIC and to comparable regulatory authorities supervising Holders of Junior Certificates and the examiners and supervisory agents of the OTS, the FDIC and such other authorities, access to the documentation regarding the Mortgage Loans required by applicable regulations of the OTS and the FDIC.
As to any Distribution Date and amounts distributable pursuant to clauses (i) and (iii) of the Junior Optimal Principal Amount, and as to each Class of Junior Certificates, the fraction, expressed as a percentage, the numerator of which is the Class Certificate Principal Balance of such Class and the denominator of which is the aggregate Class Certificate Principal Balances of the Junior Certificates.
The Certificates shall be issued as fully registered certificates both as to principal and interest without coupons, payable as set forth in the form of Senior Certificates and Junior Certificates described in Article III hereof and set forth in Exhibits A and B, respectively, attached hereto.
No. 13, Ex. D at 1 (noting that “[the Issuing Trust] will issue fourteen classes of certificates, eleven of which are offered by this prospectus supplement and the attachedprospectus”).) The Issuing Trust did not offer the Junior Certificates to the public.