Series Designation definition

Series Designation has the meaning assigned to such term in Section 3.03(a).

Series Designation. Pass-Through Certificates, Series 2000-A, Classes X-0, X-0, X-0, X-0, X-0, X-0, X-0, X-0, X-0, X and R (collectively, the "Certificates"). The Classes X-0, X-0, X-0, X-0, A-5, M-1, M-2 and B-1 Certificates are collectively referred to herein as the "Underwritten Certificates."

Series Designation has the meaning set forth in Section 1.08(a).

Examples of Series Designation in a sentence

• In the event of a conflict between the terms and conditions of this Agreement and a Series Designation, the terms and conditions of the Series Designation shall prevail.

• The Series Designation establishing a Series may set forth specific provisions governing the rights of such Series against a Member associated with such Series who fails to comply with the applicable provisions of this Agreement (including, for the avoidance of doubt, the applicable provisions of such Series Designation).

• Unless otherwise provided in a Series Designation, the fiscal year for tax and financial reporting purposes of each Series shall be a calendar year ending December 31 unless otherwise required by the Code.

• Amendments to this Agreement or any Series Designation may be proposed only by or with the consent of the Managing Member.

• The Series Designation shall relate solely to the Series established thereby and shall not be construed: (i) to affect the terms and conditions of any other Series, or (ii) to designate, fix or determine the rights, powers, authority, privileges, preferences, duties, responsibilities, liabilities and obligations in respect of Interests associated with any other Series, or the Members associated therewith.

More Definitions of Series Designation

Series Designation as defined in Section 4.1(c).

Series Designation. Pass-Through Certificates, Series 19__-__, Classes ________ _________________________ (collectively, the "Certificates"). The Classes _______________ Certificates are collectively referred to herein as the "Underwritten Certificates."

Series Designation. Mortgage Loan Asset Backed Certificates, Series 2000-2, Class AF- ----------- 1, Class AF-2, Class AF-3, Class AF-4, Class AF-5, Class AF-6, Class MF-1, Class MF-2, Class BF-1, Class BF-2, Class PF-1, Class AV-1, Class MV-1, Class MV-2, Class BV-1, Class BV-2, Class PV-1, Class A-IO, Class C and Class R (collectively the "Certificates"). The Class AF-1, Class AF-2, Class AF-3, Class AF-4, Class AF-5, Class AF-6, Class MF-1, Class MF-2, Class BF-1, Class AV-1, Class MV-1, Class MV-2, Class BV-1 Certificates are referred to herein as the "Underwritten Certificates."

Series Designation means a description of the key terms of the Series substantially in the form of Schedule B of this Agreement.

Series Designation. Pass-Through Certificates, Series 1999-D, Classes A-1, M-1, M-2, B-1, B-2, X and R (collectively, the "Xxxxxxxxxxxx"). Xxx Xxass B-1 Certificates are referred to herein as the "Underwritten Certificates."

Series Designation. Mortgage Loan Asset Backed Certificates, Series 1996-2, Class A-1, Class X-0, Xxxxx X-0, Class A-4, Class A-5, Class A-6 and Class R (collectively the "Certificates"). The Class A-1, Class A-2, Class A-3, Class A-4, Class A-5 and Class A-6 Certificates are referred to herein as the "Underwritten Certificates."

Series Designation. 1999-2 Terms of the Certificates and Underwriting Compensation: Original Principal Interest Price to Classes Amount Rate * Public ---------- ----------- -------- -------- Class IA-1 $42,900,000 6.15% Class IA-2 $31,622,000 6.30% Class IA-3 $2,000,000 6.35% Class IA-4 $60,800,000 6.40% Class IA-5 $33,260,620 + Class IA-5-1 $4,800,000 6.75% Class IA-5-2** $6,039,985 6.75%*** Class IA-5-3** $3,152,592 6.75%*** Class IA-5-4 $25,480,000 6.75%++ Class IA-5-5 $2,980,620 0.00%**** Class IA-5-6** $3,292,439 6.75%*** Class IA-6 $5,007,000 6.75%++ Class IA-7 $1,886,509 6.75%++ Class IA-8 $2,000,000 6.75% Class IM $4,030,000 6.75% Class IB-1 $1,593,000 6.75% Class IB-2 $843,000 6.75% Class IIA $101,508,000 +++ Class IIM $934,000 +++ Class IIB-1 $415,000 +++ Class IIB-2 $259,000 +++ Class R ***** $100 6.75% * Interest distributed to the Offered Certificates on each Distribution Date will have accrued during the preceding calendar month at the applicable per annum Interest Rate (as defined in the Prospectus Supplement). ** Not entitled to receive distributions of principal. *** Will accrue interest on the related Notional Amounts as described in the Prospectus Supplement. **** Will not be entitled to distributions of interest and will only receive principal in respect of the Loans with Pass-Through Rates that are less than 6.750% per annum. ***** Will be comprised of two Components, Component R-1, which represents the sole residual interest in REMIC I (as defined in the Prospectus Supplement), and Component R-2, which represents the sole residual interest in REMIC II (as defined in the Prospectus Supplement). + The Class IA-5 Certificates will be comprised of Component XX-0-0, Xxxxxxxxx XX-0-0, Component IA-5-3, Component IA-5-4, Component IA-5-5 and Component IA-5-6. ++ Interest accrued on this class of certificates will initially be added to its principal balance rather than distributed to the holders of this class of certificates on each distribution date. +++ The interest rate on this class of certificates will initially equal approximately 6.24126% and subsequently will be equal to the weighted average interest rate on the Group II Loans (as defined in the Prospectus Supplement), less a fee for the servicing of the Group II Loans.