Original Class Certificate Principal Balance definition

Original Class Certificate Principal Balance. With respect to the Class A Certificates, the Mezzanine Certificates, the Class C Certificates and the Class P Certificates, the corresponding amounts set forth opposite such Class above in the Preliminary Statement.
Original Class Certificate Principal Balance. With respect to each Class of Certificates, the corresponding aggregate amount set forth opposite the Class designation of such Class in the Preliminary Statement.
Original Class Certificate Principal Balance. With respect to each Class of Certificates, the Certificate Principal Balance thereof on the Closing Date, as set forth opposite such Class in the Preliminary Statement, except with respect to the Class N, Class X and Residual Certificates, which have an Original Class Certificate Principal Balance of zero.

Examples of Original Class Certificate Principal Balance in a sentence

  • This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class M-2 Certificate (obtained by dividing the Denomination of this Class M-2 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.

  • This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class M-3 Certificate (obtained by dividing the Denomination of this Class M-3 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.

  • This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class M-1 Certificate (obtained by dividing the Denomination of this Class M-1 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.

  • This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class M-6 Certificate (obtained by dividing the Denomination of this Class M-6 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.

  • This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class M-5 Certificate (obtained by dividing the Denomination of this Class M-5 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.


More Definitions of Original Class Certificate Principal Balance

Original Class Certificate Principal Balance. $94,805,000.00 of this Class Percentage Interest : 100.00% Pass-Through Rate : Variable CUSIP : 68389F GJ 7 Class : A-4 Assumed Maturity Date : February 2035 Option One Mortgage Loan Trust 2005-1 Asset-Backed Certificates, Series 2005-1 Class A-4 evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first and second lien, adjustable and fixed rate mortgage loans (the "Mortgage Loans") OPTION ONE MORTGAGE ACCEPTANCE CORPORATION, as Depositor Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class A-4 Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class A-4 Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Master Servicer, or the Trustee referred to below or any of their respective affiliates. This certifies that Cede&Co. is the registered owner of the Percentage Interest evidenced by this Class A-4 Certificate (obtained by dividing the Denomination of this Class A-4 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Option One Mortgage Acceptance Corporation (the "Depositor"). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of January 1, 2005 (the "Agreement") among the Depositor, Option One Mortgage Corporation, as master servicer (the "Master Servicer"), and Xxxxx Fargo Bank, N.A., a national banking association, as Trustee (the "Trustee"). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class A-4 Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class A-4 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 Class A-4 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 Class A-4 Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an author...
Original Class Certificate Principal Balance. With respect to the Floating Rate Certificates, the Class C Certificates, the Class C Interest, the Class IO Interest, REMIC 6 Regular Interest SWAP IO, the Class P Certificates and the Class P Interest, the corresponding amounts set forth opposite such Class above in the Preliminary Statement.
Original Class Certificate Principal Balance. With respect to the Class A Certificates, the Mezzanine Certificates and the Class P Certificate, the corresponding Certificate Principal Balance on the Closing Date.
Original Class Certificate Principal Balance. With respect to any Class of Regular Certificates, the corresponding amounts set forth opposite such Class below: Class A-1: $27,200,000 Class A-2: $24,200,000 Class A-3: $30,950,000 Class A-4: $18,350,000 Class A-5: $19,550,000 Class A-6: $11,550,000 Class A-7: $11,750,000 Class A-8: $25,469,000 Class M-1F: $7,425,000 Class M-2F: $8,250,000 Class M-1A: $3,010,000 Class M-2A: $1,872,000 Class B-1F: $5,775,000 Class B-1A: $2,196,812 "Original Pre-Funding Amount": $41,275,721.34.
Original Class Certificate Principal Balance. With respect to the Class A and Class M Certificates, the amount set forth below: ORIGINAL CLASS CERTIFICATE PRINCIPAL CLASS BALANCE --------------- ------------------------------------ A $621,170,000 M $ 95,560,000
Original Class Certificate Principal Balance. With respect to each Class of Certificates, the Certificate Principal Balance thereof on the Closing Date, as set forth opposite such Class in the Preliminary Statement, except with respect to the Residual Certificates, which have an Original Class Certificate Principal Balance of zero.
Original Class Certificate Principal Balance. With respect to the Class [A-1] and Class [A-2] Certificates, the amount set forth below: