Reference Tranches means the nine classes of hypothetical tranches deemed to be backed by the Reference Obligations, referred to as the Class 1A-H, Class 1M-1, Class 1M-1H, Class 1M-2A, Class 1M-AH, Class 1M-2B, Class 1M-BH, Class 1B and Class 1B-H Reference Tranches, with the following initial Class Notional Amounts: Classes of Reference Tranches Initial Class Notional Amount Class 1A-H $34,683,940,749.00 Class 1M-1 $342,334,000.00 Class 1M-1H $18,018,631.00 Class 1M-2A $222,517,000.00 Class 1M-AH $11,712,210.00 Class 1M-2B $376,568,000.00 Class 1M-BH $19,819,894.00 Class 1B $90,088,000.00 Class 1B-H $270,264,631.00
Reference Tranches means the sixteen Classes of hypothetical tranches deemed to be backed by the Reference Obligations, referred to as the Class 1A-H, Class 1M-1, Class 1M-1H, Class 1M-2A, Class 1M-AH, Class 1M-2B, Class 1M-BH, Class 1M-2C, Class 1M-CH, Class 1B- 1A, Class 1B-AH, Class 1B-1B, Class 1B-BH, Class 1B-2H and Class 1B-3H Reference Tranches, with the following initial Class Notional Amounts: Classes of Reference Tranches Initial Class Notional Amount Class 1A-H $19,482,921,116 Class 1M-1 $377,927,000 Class 1M-1H $19,891,808 Class 1M-2A $41,991,000 Class 1M-AH $2,211,090 Class 1M-2B $41,991,000 Class 1M-BH $2,211,090 Class 1M-2C $41,991,000 Class 1M-CH $2,211,090 Class 1B-1A $61,202,000 Class 1B-AH $20,401,858 Class 1B-1B $61,202,000 Class 1B-BH $20,401,858 Class 1B-2H $173,408,198 Class 1B-3H $51,002,411 "Registrar" has the meaning specified in Section 2.07(a).
Reference Tranches means the sixteen Classes of hypothetical tranches deemed to be backed by the Reference Obligations, referred to as the Class 2A-H, Class 2M-1, Class 2M-1H, Class 2M-2A, Class 2M-AH, Class 2M-2B, Class 2M-BH, Class 2M-2C, Class 2M-CH, Class 2B-1A, Class 2B-AH, Class 2B-1B, Class 2B-BH, Class 2B-2, Class 2B-2H and Class 2B-3H Reference Tranches, with the following initial Class Notional Amounts: Classes of Reference Tranches Initial Class Notional Amount Class 2A-H $42,817,010,287 Class 2M-1 $357,546,000 Class 2M-1H $18,818,620 Class 2M-2A $126,192,000 Class 2M-AH $6,642,572 Class 2M-2B $126,192,000 Class 2M-BH $6,642,572 Class 2M-2C $126,192,000 Class 2M-CH $6,642,572 Class 2B-1A $136,708,000 Class 2B-AH $7,196,119 Class 2B-1B $136,708,000 Class 2B-BH $7,196,119 Class 2B-2 $231,353,000 Class 2B-2H $12,177,048 Class 2B-3H $154,973,667 "Registrar" has the meaning specified in Section 2.07(a).
Examples of Reference Tranches in a sentence
Each Class of Reference Tranche will have the initial Class Notional Amount set forth in the definition of “Reference Tranches” in Article I (Definitions) in this Agreement, and the aggregate of the initial Class Notional Amounts of all the Reference Tranches will equal the Cut-off Date Balance.
There will be no calculation of interest made with respect to any of the Reference Tranches.
Notwithstanding the foregoing, in the event Xxxxxxx Mac cancels any Notes pursuant to this Section 3.03(h), solely for purposes of making calculations with respect to the hypothetical structure and Reference Tranches, such Notes and related Reference Tranches shall be deemed to continue to be outstanding in accordance with the terms set forth in this Agreement.
See "Description of the Notes — Hypothetical Structure and Calculations with Respect to the Reference Tranches — Allocation of Senior Reduction Amount and Subordinate Reduction Amount".
Any amounts allocated to any of the Reference Tranches in the second, fourth, sixth, or eighth priority above will be included in the Principal Loss Amount for the related Payment Date.
More Definitions of Reference Tranches
Reference Tranches means the Group 1 Reference Tranches and the Group 2 Reference Tranches, as applicable.
Reference Tranches means the six classes of hypothetical tranches deemed to be backed by the Reference Pool, referred to as Class A-H, Class X-0, Xxxxx X-0X, Class M-2, Class M-2H and Class B-H Reference Tranches, with the following initial Class Notional Amounts: Classes of Reference Tranches Initial Class Notional Amount Class A-H $25,953,684,593 Class M-1 $ 337,500,000 Class M-1H $ 23,711,074 Class M-2 $ 337,500,000 Class M-2H $ 23,711,074 Class B-H $ 80,269,128
Reference Tranches means the eight Classes of hypothetical tranches deemed to be backed by the Reference Obligations, referred to as the Class A-H, Class M-2A, Class M-AH, Class M-2B, Class M-BH, Class B-1, Class B-1H and Class B-2H Reference Tranches, with the following initial Class Notional Amounts:Classes of Reference TranchesInitial Class Notional AmountClass A-H$105,687,174,713Class M-2A$278,896,000Class M-AH$14,679,485Class M-2B$278,896,000Class M-BH$14,679,485Class B-1$405,667,000Class B-1H$21,351,888Class B-2H$53,377,361
Reference Tranches means the sixteen Classes of hypothetical tranches deemed to be backed by the Reference Obligations, referred to as the Class 1A-H, Class 1M-1, Class 1M-1H, Class 1M-2A, Class 1M-AH, Class 1M-2B, Class 1M-BH, Class 1M-2C, Class 1M-CH, Class 1B- 1A, Class 1B-AH, Class 1B-1B, Class 1B-BH, Class 1B-2, Class 1B-2H and Class 1B-3H Reference Tranches, with the following initial Class Notional Amounts: Classes of Reference Tranches Initial Class Notional Amount Class 1A-H $24,025,047,986 Class 1M-1 $332,500,000 Class 1M-1H $17,500,699 Class 1M-2A $83,125,000 Class 1M-AH $4,375,175 Class 1M-2B $83,125,000 Class 1M-BH $4,375,175 Class 1M-2C $83,125,000 Class 1M-CH $4,375,175 Class 1B-1A $45,000,000 Class 1B-AH $30,000,150 Class 1B-1B $45,000,000 Class 1B-BH $30,000,150 Class 1B-2 $82,500,000 Class 1B-2H $55,000,274 Class 1B-3H $75,000,150
Reference Tranches means the sixteen Classes of hypothetical tranches deemed to be backed by the Reference Obligations, referred to as the Class 1A-H, Class 1M-1, Class 1M-1H, Class 1M-2A, Class 1M-AH, Class 1M-2B, Class 1M-BH, Class 1M-2C, Class 1M-CH, Class 1B- 1A, Class 1B-AH, Class 1B-1B, Class 1B-BH, Class 1B-2, Class 1B-2H and Class 1B-3H Reference Tranches, with the following initial Class Notional Amounts: Classes of Reference TranchesInitial Class Notional AmountClass 1A-H$17,631,199,551Class 1M-1$256,326,000Class 1M-1H$13,491,830Class 1M-2A$76,603,000Class 1M-AH$4,032,213Class 1M-2B$76,603,000Class 1M-BH$4,032,213Class 1M-2C$76,603,000Class 1M-CH$4,032,213Class 1B-1A$88,388,000Class 1B-AH$4,652,631Class 1B-1B$88,388,000Class 1B-BH$4,652,631Class 1B-2$88,388,000Class 1B-2H$4,652,631Class 1B-3H$186,081,263
Reference Tranches means the sixteen Classes of hypothetical tranches deemed to be backed by the Reference Obligations, referred to as the Class 1A-H, Class 1M-1, Class 1M-1H, Class 1M-2A, Class 1M-AH, Class 1M-2B, Class 1M-BH, Class 1M-2C, Class 1M-CH, Class 1B- 1A, Class 1B-AH, Class 1B-1B, Class 1B-BH, Class 1B-2H and Class 1B-3H Reference Tranches, with the following initial Class Notional Amounts: Classes of Reference TranchesInitial Class Notional AmountClass 1A-H$17,879,540,420Class 1M-1$278,010,000Class 1M-1H$14,632,953Class 1M-2A$68,755,000Class 1M-AH$3,619,064Class 1M-2B$68,755,000Class 1M-BH$3,619,064Class 1M-2C$68,755,000Class 1M-CH$3,619,064Class 1B-1A$62,500,000Class 1B-AH$36,621,000Class 1B-1B$62,500,000Class 1B-BH$36,621,000Class 1B-2H$103,841,048Class 1B-3H$188,801,905
Reference Tranches means the sixteen Classes of hypothetical tranches deemed to be backed by the Reference Obligations, referred to as the Class 1A-H, Class 1M-1, Class 1M-1H, Class 1M-2A, Class 1M-AH, Class 1M-2B, Class 1M-BH, Class 1M-2C, Class 1M-CH, Class 1B-1A, Class 1B-AH, Class 1B-1B, Class 1B-BH, Class 1B-2, Class 1B-2H and Class 1B-3H Reference Tranches, with the following initial Class Notional Amounts: Classes of Reference TranchesInitial Class Notional AmountClass 1A-H$33,739,271,715Class 1M-1$264,348,000Class 1M-1H$13,914,034Class 1M-2A$104,638,000Class 1M-AH$5,507,389Class 1M-2B$104,638,000Class 1M-BH$5,507,389Class 1M-2C$104,638,000Class 1M-CH$5,507,389Class 1B-1A$74,348,000Class 1B-AH$3,913,197Class 1B-1B$74,348,000Class 1B-BH$3,913,197Class 1B-2$181,739,000Class 1B-2H$9,566,149Class 1B-3H$86,956,886