MACR Pool definition

MACR Pool. With respect to any Series that includes MACR Certificates, a discrete pool included in the related Trust Fund (but not in any REMIC Pool), consisting of such interests in the related Regular Classes as may be held of record by the Administrator, from time to time, as a result of exchanges pursuant to Section 2.06 of this Agreement.
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MACR Pool. With respect to any Series that includes MACR Certificates, a discrete pool included in the related Trust Fund (but not in any REMIC Pool), consisting of such interests in the related Regular Classes as may be held of record by the Administrator, from time to time, as a result of exchanges pursuant to Section 2.06 of this Agreement. MBS: Securities designated as “MBS” issued by Freddie Mac under the UMBS and MBS Offering Circular. MBS Mirror Certificates: Securities designated as “MBS Mirror Certificates” issued by Freddie Mac under the Mirror Certificates Offering Circular.
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MACR Pool. With respect to any Series that includes MACR Certificates, a discrete pool formed by Xxxxxxx Mac consisting of such interests in the related Regular Classes as may be held of record by Xxxxxxx Mac, from time to time, as a result of exchanges pursuant to Section 2.06 of this Agreement.
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Examples of MACR Pool in a sentence

  • The Administrator shall act as the representative of Holders in the control, management and administration of the Assets in each REMIC Pool and of any REMIC Certificates held in each MACR Pool.

  • With respect to any Series, except as otherwise provided in Articles VI, VII and VIII and Sections 9.05 and 9.06, no Holder shall have any right to vote or in any manner otherwise control the administration, operation and management of any REMIC Pool, MACR Pool or the Assets, or the obligations of the parties hereto.

  • Any duplicate Certificate so issued shall constitute complete and indefeasible evidence of ownership of that portion of the Regular Interest or Residual Interest of the related REMIC Pool, or that portion of the related MACR Pool, represented thereby, whether or not the lost, stolen or destroyed Certificate shall be found at any time.

Related to MACR Pool

  • Mortgage Pool The pool of Mortgage Loans, identified on Schedule 1 from time to time, and any REO Properties acquired in respect thereof.

  • Pool means a voluntary arrangement, established on an ongoing basis, pursuant to which two or more insurers participate in the sharing of risks on a predetermined basis. The pool may operate through an association, syndicate, or other pooling agreement.

  • Investment pool means an entity created under the Texas Gov- ernment Code to invest public funds jointly on behalf of the entities that participate in the pool and whose investment objectives in or- der of priority are preservation and safety of principal, liquidity, and yield.

  • Swimming pool or “pool” means any structure intended for swimming or recreational bathing that contains water over 18 inches deep. “Swimming pool” includes in-ground and aboveground structures and includes, but is not limited to, hot tubs, spas, portable spas, and nonportable wading pools.

  • Principal Funding Account Balance means, with respect to any date of determination during the Controlled Accumulation Period, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • Note A-1 Trust Fund means the trust formed pursuant to the Note A-1 PSA.

  • Asset Pool means a pool of cash-flow generating assets in which an issuer of a securitized product has a direct or indirect ownership or security interest;

  • Note A-2 Trust Fund means the trust formed pursuant to the Note A-2 PSA.