Examples of Retained Certificates in a sentence
The Vertically Retained Certificates will be issuable in one or more individual Certificates, in minimum denominations of authorized Certificate Balance as described in the succeeding table and, subject to the third preceding sentence, multiples of $l in excess thereof.
The Seller will not sell or otherwise transfer any of the Retained Certificates, except in compliance with the provisions of the Pooling and Servicing Agreement.
Retained Certificates..............................................
Transferor has entered into this Agreement, and the Certificates will be issued, with the intention that for Federal, state and local income and franchise tax purposes, the Investor Certificates (except Transferor Retained Certificates which are held by Transferor) of each Series will qualify as debt secured by the Receivables.
The Vertically Retained Certificates shall be issued in minimum denominations of $100,000 and integral multiples of $0.01 in excess thereof.