Residual Certificates definition

Residual Certificates. As specified in the Preliminary Statement.

Residual Certificates. The Class R Certificates.

Residual Certificates. The Class 1-A-R and Class 1-A-LR Certificates.

Examples of Residual Certificates in a sentence

• The signature of any of these Persons on the Residual Certificates may be manual or facsimile.

• Xxxxxx Mae will give prompt written notice to the Holders of the Residual Certificates of any change in the location of any such office or agency.

• The Residual Certificates shall be executed on behalf of Xxxxxx Mae by an Authorized Officer of Xxxxxx Xxx under the corporate seal of Xxxxxx Mae, which may be in facsimile form and be imprinted or otherwise reproduced thereon, and shall be attested by the Secretary, Assistant Secretary, or a second Authorized Officer of Xxxxxx Xxx.

• If Xxxxxx Mae shall so determine, new Residual Certificates so modified as to conform, in the opinion of Xxxxxx Xxx, to any such Supplemental Agreement may be prepared and executed by Xxxxxx Mae and authenticated and made available by the Certificate Registrar in exchange for the outstanding Residual Certificates.

• Xxxxxx Mae shall maintain at its expense an office or agency where the Residual Certificates may be surrendered for registration of transfer and where notices and demands to or upon Xxxxxx Xxx in respect of the Residual Certificates and this Trust Agreement may be served.

More Definitions of Residual Certificates

Residual Certificates. The Class AR and Class AR-L Certificates.

Residual Certificates. The Class R-1, Class R-2, Class R-3 and Class RX Certificates (representing ownership of the Class R-4 Interest, Class R-5 Interest and Class R-6 Interest), each evidencing the sole class of Residual Interests in the related REMIC.

Residual Certificates means each of the Class R-1 and Class R-2 Certificates.

Residual Certificates. The Class R Certificates, the Class R‑CX Certificates and the Class R‑PX Certificates.

Residual Certificates means, with respect to REMIC I, the Class R-I Certificates, with respect to REMIC II, the Class R-II Certificates and with respect to REMIC III, the Class R-III Certificates.

Residual Certificates. With respect to REMIC I, the Class R-1 Certificates, which are being issued in a single class, and with respect to REMIC II, the Class R-2 Certificates, which are being issued in a single class. The Class R-1 and Class R-2 Certificates are hereby 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 Certificates. The Class R-1, Class R-2 and Class R-3 Certificates each evidencing the sole class of "residual interests" (within the meaning of Section 860G(a)(2) of the Code) in the related REMIC.