Examples of TAC Certificates in a sentence
Distributions in reduction of the Certificate Principal Balance of any class of PAC or TAC Certificates or in reduction of the amount of the PAC or TAC Principal Components may commence significantly earlier (other than as to any class or Component for which the above table reflects a distribution on the first Distribution Date) or later than the first Distribution Date for such class or Component shown in the above table.
Distributions on any of the PAC and TAC Certificates and the PAC and TAC Principal Components may end significantly earlier or later than the last Distribution Date for such class or Component shown in the above table.
Any such Accrued Certificate Interest on Class A-10 Component H which is required to be paid to the holders of the TAC Certificates or the Class A-10 Component G on the Class A-10 Component [NY01B:304248.5] 16069-00388 02/27/97 1:33pm H Accretion Termination Date will be added to the amount of Class A-10 Component H in the manner described in the first sentence of this Section 4.02(i).
Purchaser By:________________________________ Name:______________________________ Title:_______________________________ EXHIBIT L LIST OF RECORDATION STATES Florida Maryland EXHIBIT M PRINCIPAL BALANCE SCHEDULES Payment Date PAC Group TAC Certificates ------------ --------- ---------------- Initial Balance.....................
There can be no assurance that funds available for distributions of principal on the PAC and TAC Certificates and the PAC and TAC Principal Components will be sufficient to cover, or will not be in excess of, the related PAC Principal Amount and TAC Principal Amount for any Distribution Date.