Retained Certificates definition

Retained Certificates. The Certificates initially retained by the Depositor pursuant to the Trust Agreement.

Retained Certificates. The Class C Certificates, the Class P Certificates and the Class R Certificates.

Retained Certificates. The Class I Certificates, Class O Certificates, the Class P Certificates, the Class R Certificates and the Class X Certificates.

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..............................................

• The Private Certificates (other than the Class X-D, Class X-E, Class X-F, Class X-G, Class S and Class R Certificates and the Vertically Retained Certificates) shall be issued in minimum denominations of $100,000 and integral multiples of $1 in excess thereof.

• The Vertically Retained Certificates shall be issued in minimum denominations of $100,000 and integral multiples of $0.01 in excess thereof.

More Definitions of Retained Certificates

Retained Certificates. Collectively, the Class C, Class R-I, Class R-II and Class R Certificates.

Retained Certificates means the Certificates initially retained by a Person who holds 80% or more of the Certificates or a Person treated as the same Person as such Person for U.S. federal income tax purposes unless and until such Person owns less than 80% of the Certificates.

Retained Certificates. Collectively, the Class D Certificates and the Class R Certificates.

Retained Certificates. The Certificates retained by the Seller pursuant to the Trust Agreement, with an initial Certificate Balance of $934,888.51.

Retained Certificates. The Certificates initially retained by the Depositor pursuant to the Trust Agreement, while so held by the Depositor. S&P: S&P Global Ratings. Schedule of Receivables: The schedule of Receivables attached to each First Step Receivables Assignment delivered on the Closing Date and originally held as part of the Trust, and on file at the locations listed on Exhibit A of the Trust Sale Agreement, as it may be amended from time to time.

Retained Certificates. Not applicable.

Retained Certificates. The CARAT 20__-SN_ Certificates retained by the Depositor pursuant to the Trust Agreement.