Examples of PC Agreement in a sentence
The corpus of a trust fund created by a PC Agreement and any related pool supplement, consisting of a pool of Mortgages and related assets.
PC Agreement: Any of Xxxxxxx Mac’s Mortgage Participation Certificate Agreements or PC Master Trust Agreements as in effect from time to time, including any amendment or applicable supplement, providing for the issuance of PCs.
PC Agreement: Any of Freddie Mac’s Mortgage Participation Certificate Agreements or PC Master Trust Agreements as in effect from time to time, including any amendment or applicable supplement, providing for the issuance of PCs.
Participation Certificate issued pursuant to a PC Agreement and any related pool supplement, guaranteed by Xxxxxxx Mac and representing an undivided beneficial ownership interest in a PC Pool consisting of Mortgages, or a Giant PC.
The Vendor is responsible for keeping record of all sales that go through the R13 PC Agreement and submit contract sales activity report every quarter to R13 PC.
Xxxxxxx Mac hereby irrevocably authorizes the Holders to exercise all such rights in respect of a PC Agreement Default or Pass-Through Agreement Default to the extent set forth in this Section.
PC: A Xxxxxxx Mac Mortgage Participation Certificate issued pursuant to a PC Agreement and any related pool supplement, guaranteed by Xxxxxxx Mac and representing an undivided beneficial ownership interest in a PC Pool consisting of Mortgages, or a Giant PC.
The corpus of a trust fund created by the applicable PC Agreement, consisting of a pool of Mortgages and related assets.
PC: A Freddie Mac Mortgage Participation Certificate issued pursuant to a PC Agreement and any related pool supplement, guaranteed by Freddie Mac and representing an undivided beneficial ownership interest in a PC Pool consisting of Mortgages, or a Giant PC.
In the event that there shall be an Agreement Default with respect to any Asset, the Holders of the Pass-Through CertiÑcates issued in respect of an aÅected Pass-Through Pool shall have the right to take such actions with respect to such Agreement Default as the applicable PC Agreement or Multiclass REMIC CertiÑcate Agreement, or this Agreement, as the case may be, aÅords Xxxxxxx Mac or its agent as the record holder of the aÅected Asset.