Residual Certificate definition

Residual Certificate. The Class R Certificate.
Residual Certificate. Any Class R-I or Class R-II Certificate.
Residual Certificate. Any one of the Class R Certificates and the Class R-X Certificates.

Examples of Residual Certificate in a sentence

  • GICH is an equal opportunity employer and federal contractor or subcontractor.

  • Upon receipt of any amount constituting Unpledged TSRs (as confirmed in writing to the Trustee in an Officer’s Certificate), the Trustee shall promptly deposit such amount to the Unpledged TSRs Subaccount and then promptly remit such amount to the registered owner of the Residual Certificate as provided in Section 5.07.

  • This Indenture is not intended for the benefit of and shall not be construed to create rights in parties other than the Corporation and the Trustee, the Owners and the owner of the Residual Certificate to the extent specified herein.

  • Subject to the provisions of this Indenture for the benefit of the Owners and the payment of the Bonds and Fiduciaries, all Collections received after all Bonds are Fully Paid and all Unpledged TSRs regardless of when received shall be deposited, into the Unpledged TSRs Subaccount and paid to the registered owner of the Residual Certificate as provided in Section 5.07.

  • Any funds or property held by the Trustee and not required for payment or redemption of the Bonds shall be distributed to the registered owner of the Residual Certificate.


More Definitions of Residual Certificate

Residual Certificate. The Class 1-A-R Certificate.
Residual Certificate. The Class R Certificate, which is being issued in a single class. Components R-1 and R-2 of the Class R Certificate is hereby each designated the sole Class of "residual interests" in REMIC I and REMIC II, respectively, for purposes of Section 860G(a)(2) of the Code.
Residual Certificate. Any Class R Certificate or Class LR Certificate issued, authenticated and delivered hereunder.
Residual Certificate. Each of the Class A-R and Class LT-R Certificates.
Residual Certificate. Any residual certificate or "Class R" Certificate issued under any Trust Agreement.
Residual Certificate. The Class 46-R Certificate or the Class 46-RL Certificate, as the context requires.
Residual Certificate. Any Class LT-R or Class R Certificate. Responsible Officer or responsible officer: When used with respect to the Trustee, any Vice President, Assistant Vice President, the Secretary, any assistant secretary, any Trust Officer, the Treasurer, or any assistant treasurer, working in its Corporate Trust Office and having direct responsibility for the administration of this Agreement.