Examples of Pool 1 Certificates in a sentence
The Seller, the Depositor, the Servicer and the Holders of the Pool 1 Certificates by their acceptance of such Certificates acknowledge and agree that the Securities Administrator shall execute, deliver and perform its obligations under the Swap Agreement and shall do so solely in its capacity as Securities Administrator as trustee of the Swap Trust and not in its individual capacity.
LIBOR Certificates: The Pool 1 Certificates, other than the Class 1-P and Class 1-CE Certificates.
Each Yield Maintenance Agreement will provide for the payment of Basis Risk Shortfall Carryover Amounts for one class of Pool 1 Certificates (other than the Class CE Certificates).
The Seller, the Depositor, the Servicer and the Holders of the Pool 1 Certificates by their acceptance of such Certificates acknowledge and agree that the Securities Administrator as Supplemental Interest Trust Trustee shall execute, deliver and perform its obligations under the Swap Agreement and shall do so solely in its capacity as Supplemental Interest Trust Trustee of the Supplemental Interest Trust and not in its individual capacity.
On each Distribution Date as to which there is Net WAC Rate Carryover Amount for any Class of Pool 1 Certificates, the Securities Administrator is hereby directed to, and shall therefore, deposit into the Pool 1 Net WAC Reserve Fund an amount equal to the Net WAC Rate Carryover Amount for each affected Class of Pool 1 Certificates pursuant to Section 4.01(a)(3)(xiv).
It is the intention of the Company and the Trustee that (i) the Trust Funds established under this Agreement shall be separate and distinct for all purposes, (ii) all revenues and, except as provided below, expenses relating to the Mortgage Loans or this Agreement shall be allocated exclusively to the Trust Fund to which they relate, and (iii) the holders of the Pool 1 Certificates and the Pool 2 Certificates shall have interests exclusively in the Pool 1 Trust Fund and the Pool 2 Trust Fund, respectively.
On any Distribution Date, the interest portion of any Pool 1 Excess Losses shall be allocated pro rata among the outstanding Classes of Pool 1 Certificates based upon the amount of interest to which each such Class would otherwise be paid on such Distribution Date had there been no such Pool 1 Excess Losses allocable to interest.
Payments under a Yield Maintenance Agreement shall only be permitted to pay Basis Risk Shortfall Carryover Amounts to the class of Pool 1 Certificates to which it relates.
PCSO Gareth Stoneham (GS) was present, crime statistics for October were received.
Payments under a Yield Maintenance Agreement shall only be permitted to pay Basis Risk Shortfall Carryover Amounts to the class of Pool 1 Certificates to which it relates and other amounts on deposit in the Reserve Fund shall be distributed to the LIBOR Certificates in respect of Basis Risk Shortfall Carryover Amounts in order of their priority of payments.