Residual Certificate definition

Residual Certificate. The Class R Certificate.

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Residual Certificate. Any one of the Class R Certificates and the Class R-X Certificates.

Residual Certificate. Any Class R-I or Class R-II Certificate.

Examples of Residual Certificate in a sentence

The foregoing restriction will cease to have any effect with respect to a transfer of a Residual Certificate only if the Issuer has consented to such transfer expressly in writing.
A service charge in an amount determined by the Certificate Registrar (such amount being based on a service charge schedule on file in the Corporate Trust Office of the Certificate Registrar) will be made for any registration of transfer of a Residual Certificate, and the Certificate Registrar may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer of a Residual Certificate.
Any purported transfer of record or beneficial ownership, direct or indirect (whether pursuant to a purchase, a default under a secured lending agreement or otherwise), to a Disqualified Organization of any Residual Certificate, or any beneficial interest therein, will be void and of no effect.

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. The Class R Certificates designated as such in the Trust Agreement.

Residual Certificate. Any residual certificate or "Class R" Certificate issued under any Trust Agreement.

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.