PAC Certificates definition

PAC Certificates. The Class A-1 and Class A-2 Certificates.
PAC Certificates. The Class A-1, Class A-2, Class A-3, Class A-4, Class A-5 and Class A-11 Certificates.
PAC Certificates. The Class A-1, Class A-7, Class A-8, Class A-9 and Class A-10 Certificates.

Examples of PAC Certificates in a sentence

  • As used above, the "PAC Principal Amount" for any Distribution Date and for any Class of PAC Certificates means the amount, if any, that would reduce the Principal Balance of such Class to the percentage of its Original Principal Balance shown in the tables set forth below with respect to such Distribution Date.

  • The following tables set forth for each Distribution Date the planned Principal Balances for the PAC Certificates, expressed as a percentage of the Original Principal Balance of such Class.

  • As used above, the "PAC Principal Amount" for any Distribution Date and any of the PAC Certificates means the amount, if any, that would reduce the Class A Subclass Principal Balance of such Subclass to the percentage of its Original Class A Subclass Principal Balance shown in the tables set forth below with respect to such Distribution Date.

  • As used above, the "PAC Principal Amount" for any Distribution Date and for any Distribution Date and for any Class of PAC Certificates means the amount, if any, that would reduce the Principal Balance of such Class to the percentage of its Original Principal Balance shown in the tables set forth below with respect to such Distribution Date.

  • The following tables set forth for each Distribution Date the planned Principal Balances for the PAC Certificates and the scheduled Principal Balances for the Scheduled Certificates, expressed as a percentage of the Original Principal Balance of such Class.


More Definitions of PAC Certificates

PAC Certificates. The Class 1-A-7, Class 1-A-8, Class 1-A-9, Class 1-A-10, Class 1-A-11 and Class 1-A-12 Certificates.
PAC Certificates. The Class 2-A-3, Class 2-A-5, Class 2-A-6, Class 2-A-7, Class 2-A-8 and Class 0-X-0 Xxxxxxxxxxxx.
PAC Certificates. As specified in the Preliminary Statement.
PAC Certificates. The PAC I Certificates and PAC II Certificates.
PAC Certificates. Any Class [___] Certificate.]
PAC Certificates. The Class 1-A-1, Class 1-A-2, Class 1-A-3 and Class 1-A-4 Certificates.
PAC Certificates. The Class A-4 Certificates.