Examples of Pass Through Certificates in a sentence
Investors are issued rated Pass Through Certificates (PTCs), the proceeds of which are paid as consideration to the originator.
This Certificate is one of a duly authorized issue of Certificates designated as Asset-Backed Pass- Through Certificates of the Series specified on the face hereof (herein called the "Certificates") and representing a Percentage Interest in the Class of Certificates specified on the face hereof equal to the denomination specified on the face hereof divided by the aggregate Certificate Principal Balance of the Class of Certificates specified on the face hereof.
This Certificate is one of a duly authorized issue of Certificates designated as the Mxxxxx Sxxxxxx Bank of America Mxxxxxx Lxxxx Trust 2013-C10, Commercial Mortgage Pass- Through Certificates, Series 2013-C10 (herein called the “Certificates”).
Accordingly, few schemes of HDFC Mutual Fund (“the Fund”) had made investment in certain Pass Through Certificates (PTCs) of certain special purpose vehicles / securitisation trusts (“the Trusts”).
In accordance with applicable SEBI MF Regulations and the relevant Scheme Information Document’s (SID) a few of the schemes of HDFC Mutual Fund (“the Fund”) had made investments in Pass Through Certificates (PTCs) of certain securitisation trusts (“the Trusts”).