Subordinated Offered Certificates definition

Subordinated Offered Certificates. As specified in the Preliminary Statement.
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Examples of Subordinated Offered Certificates in a sentence

  • Subordinated Offered Certificates, Class X Certificates and Class BIO Certificates.

  • On the first Distribution on which the aggregate Certificate Principal Balance of the Class A and the Subordinated Offered Certificates is reduced to zero, the Class P Certificates shall be entitled to its Certificate Principal Balance prior to any distributions being made pursuant to Section 4.01(a)(3) on such Distribution Date.

  • The license granted by a Party in this Agreement shall be binding on any successor of such Party's ownership or control of the property and rights licensed by such Party pursuant to this Agreement, and the obligations of a Party under this Agreement shall run in favor of any such successor and of any assignee of the other Party’s benefits under this Agreement.

  • Offered Certificates Class A and Subordinated Offered Certificates.

  • Subordinated Offered Certificates Mezzanine Certificates, and Class B Certificates.

  • Subordinated Offered Certificates Group 1 Mezzanine Certificates, Group 2 Mezzanine Certificates, Class BF and Class BV Certificates.

  • No Servicer shall resign from the obligations and duties hereby imposed on it except (i) upon determination that its duties hereunder are no longer permissible under applicable law or (ii) with the written consent of the Trustee and written confirmation from each Rating Agency (which confirmation shall be furnished to the Depositor and the Trustee) that such resignation will not cause such Rating Agency to reduce the then current rating of the Class A Certificates or the Subordinated Offered Certificates.

  • On the first Distribution on which the Certificate Principal Balance of the Class A1 and the Subordinated Offered Certificates is reduced to zero, the Class P Certificates shall be entitled to its Certificate Principal Balance prior to any distributions being made pursuant to Section 4.01(a)(3) on such Distribution Date.

  • References herein to "Class A," Class M-1," Class X-0," "Xxxxx X," "Class B-IO," "Class X," "Class P," "Mezzanine Certificates" "Subordinated Offered Certificates" and "Subordinated Certificates " are references to certificates of either or both Certificate Groups of similar designations as the context requires.

Related to Subordinated Offered Certificates

  • Offered Certificates As specified in the Preliminary Statement.

  • Publicly Offered Certificates [______________], Mortgage Pass-Through Certificates, Series [_______], Class [__], Class [__], Class [__], Class [__], Class [__], Class [__] and Class [__] issued pursuant to the Pooling and Servicing Agreement.

  • Privately Offered Certificates [______________], Mortgage Pass-Through Certificates, Series [_______], Class [__] issued pursuant to the Pooling and Servicing Agreement.

  • Offered Certificate Any one of the Class A Certificates and the Mezzanine Certificates, issued under this Agreement.

  • Subordinated Certificates As specified in the Preliminary Statement.

  • Insured Certificates The Class A-1 Certificates.

  • Public Certificates The Class X-0, Xxxxx X-0, Class A-3, Class A-4, Class A-5, Class A-AB, Class X-A, Class A-S, Class B and Class C Certificates.

  • Conversion Securities has the meaning set forth in Section 4.08(b).

  • Private Certificates As specified in the Preliminary Statement.

  • Subsequent Notes means any Notes issued after the First Issue Date on one or more occasions.

  • Subordinate Certificates As specified in the Preliminary Statement.

  • Class B Certificates The Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates.

  • Class E Notes has the meaning assigned to such term in the Indenture.

  • Class B-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Exchange Certificates Means the pass through certificates substantially in the form of Exhibit A hereto issued in exchange for the Initial Certificates pursuant to the Registration Rights Agreement and authenticated hereunder.

  • Underlying REMIC Certificates The REMIC Certificates held in the Trust and evidencing beneficial interests in the REMIC Trust. US Bank: U.S. Bank National Association, a national banking association.

  • Subordinated Securities means Securities that by the terms established pursuant to Subsection 2.3(9) are subordinated in right of payment to Senior Indebtedness of the Issuer.

  • Pari Passu Securities means any class or series of capital stock of the Company hereafter created specifically ranking, by its terms, on parity with the Designated Preferred Stock as to distribution of assets upon liquidation, dissolution or winding up of the Company, whether voluntary or involuntary.

  • Senior Subordinate Certificates The Class B1, Class B2 and Class B3 Certificates.

  • Class A-SB Certificate Any one of the Certificates with a “Class A-SB” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

  • Registered Certificates shall have the meaning specified in Section 6.01.

  • Related Certificates For each interest in the Upper Tier REMIC, the Class of Certificates listed on the same row in the table entitled "Upper Tier REMIC" in the Preliminary Statement.

  • Class A Certificates The Class A-1, Class A-2, Class A-3 and Class A-4 Certificates.

  • Senior Certificates As specified in the Preliminary Statement.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Bridge Notes means the series of notes, of which this Note is a part, dated on or about the date hereof, each of which are identical, other than the date of the Note, identity of the Holder and principal amount of this Note.