Pass Through Certificate means an asset-backed security, whether or not mortgage-related, where the payment of interest or principal on the security is directly proportional to interest or principal received by the issuer of the security on the underlying assets.
Pass Through Certificate means, for any Series, any of the certificates executed, authenticated and delivered for such Series by the Pass Through Trustee, in accordance with this Pass Through Agreement and pursuant to the related Series Supplement.
Pass Through Certificate means each of the Pass Through Certificates to be issued by each of the Trusts pursuant to the Basic Agreement.
Examples of Pass Through Certificate in a sentence
Pass-Through Certificate Master Trust Agreement as in effect from time to time, including any amendment or applicable supplement, providing for the issuance of Pass-Through Certificates.
A Xxxxxxx Xxx Callable Pass-Through Certificate issued under a Pass-Through Agreement.
More Definitions of Pass Through Certificate
Pass Through Certificate means the Class D Pass Through Certificates, Series 2002-1D issued by the Class D Trustee pursuant to the Pass Through Trust Agreement.
Pass Through Certificate means, as applicable, a Fannie Mae security, FHLMC Certificate or GNMA security.
Pass Through Certificate. A Freddie Mac Multifamily Mortgage Pass-Through Certificate issued pursuant to a Pass-Through Agreement and any related pool supplement, guaranteed by Freddie Mac and representing an undivided beneficial ownership interest in a Pass-Through Pool consisting of a pool of mortgage-related securities and other mortgage-related assets.
Pass Through Certificate means the Guaranteed Mortgage Pass-Through Certificate with respect to the Mortgage Loan bearing interest at the Pass-Through Rate, to be issued to and registered in the name of the Trustee by Fannie Mae pursuant to the Indenture.
Pass Through Certificate means the Pass Through Certificate issued pursuant to the Pass Through Trust Supplement and the Pass Through Trust Agreement.
Pass Through Certificate. A Xxxxxxx Xxx Multifamily Mortgage Pass-Through Certificate issued pursuant to a Pass-Through Agreement and any related pool supplement, guaranteed by Xxxxxxx Xxx and representing an undivided beneficial ownership interest in a Pass-Through Pool consisting of a pool of mortgage-related securities and other mortgage-related assets.