Term Certificates definition

Term Certificates means those Certificates designated in a Series Resolution (or certificate of KISTA accepting the successful bid for the sale of Series Certificates) as having a single maturity date, but which are subject to Mandatory Principal Payments.
Term Certificates means any and all Series of shares, interests, Participations or other equivalent instruments representing fractional undivided interests in the Participation granted by the Company to the Trust with respect to the receivables, as specified in the Supplement related to such Series.
Term Certificates means those Investor Certificates designated as the Class A Certificates.

Examples of Term Certificates in a sentence

  • Unless the Depositor exercises its Optional Termination rights, the Certificates are payable only at the time and in the manner provided in the Trust Agreement and are not redeemable or prepayable at the option of the Depositor before such time, except that the Depositor may cause the Trust to prepay on a dollar for dollar basis the principal, without penalty or premium, of any Outstanding Series of Revolving Certificates with the proceeds of the issuance or Funding of a Series of Term Certificates.

  • Unless the Depositor exercises its Optional Termination rights, the Certificates are payable only at the time and in the manner provided in the Trust Agreement and are not redeemable or prepayable at the option of the Depositor before such time, except that the Depositor may cause the Trust to prepay on a dollar for dollar basis the principal, without penalty or premium, of any Outstanding Series of Revolving Certificates with the proceeds of the issuance of a Series of Term Certificates.

  • The minimum balance for Money Market Share Accounts and Share Term Certificates is $250.

  • Unless otherwise specified for a specific type of Term Certificate below, these general terms and conditions shall apply to all Term Certificate Accounts, which are Term Certificates and IRA Term Certificates.

  • Share Term Certificates are offered in terms of 6, 12, 18, 24, 30, 36, 48 and 60 months.

  • You are responsible for your use of TMX’s technology and are required to avoid situations of inappropriate use that contravene TMX policies, impair the productivity of corporate resources or increase costs.

  • Any Term Certificates not selected for prior redemption shall be paid on the date of their stated maturity.

  • A form of liquidity for the Participating Term Certificates is the optional redemption provision set out in Condition 7(b) (Optional Redemption).

  • Distributions to holders of the Participating Term Certificates will be made solely from distributions on the Portfolio after all other payments have been made pursuant to the Priorities of Payment described herein.

  • Accordingly, the Participating Term Certificates may not be paid in full and may be subject to up to 100 per cent.


More Definitions of Term Certificates

Term Certificates means, collectively, those Certificates designated as the Class A Certificates and Class B Certificates.
Term Certificates. Any Certificates of a Series that is designated as a Term Series in the Supplement for such Series.
Term Certificates means the Certificates maturing on October 1 in each of the years and .
Term Certificates means any Certificates (including the 2005 Certificates maturing June 1, 2021) that are subject to mandatory redemption pursuant to sinking fund requirements.
Term Certificates means, collectively, those Certificates designated as the Class A Certificates and the Class B Certificates.
Term Certificates means those Certificates maturing on August 1, 20 .

Related to Term Certificates

  • Class B-1 Certificates All Certificates bearing the class designation of "Class B-1".

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

  • Class B-2 Certificates All Certificates bearing the class designation of "Class B-2".

  • Class C Certificates Any one of the Class C Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-18, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 4.

  • Class B-5 Certificates The Certificates designated as “Class B-5” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class B-4 Certificates The Certificates designated as “Class B-4” on the face thereof in substantially the form attached hereto as Exhibit A.

  • 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 B-1 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-1 and Exhibit C hereto. Class B-1 Certificateholder: The registered holder of a Class B-1 Certificate.

  • Class B-2 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-2 and Exhibit C hereto. Class B-2 Certificateholder: The registered holder of a Class B-2 Certificate.

  • Class B-6 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-6 and Exhibit C hereto. Class B-6 Certificateholder: The registered holder of a Class B-6 Certificate.

  • Class B-3 Certificates All Certificates bearing the class designation of "Class B-3".

  • Class B-4 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-4 and Exhibit C hereto. Class B-4 Certificateholder: The registered holder of a Class B-4 Certificate.

  • Class H Certificate means any of the Certificates with a "Class H" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class P Certificates All Certificates bearing the class designation of "Class P".

  • Class A-P Certificate Any one of the Certificates designated as a Class A-P Certificate.

  • Class J Certificate means any one of the Certificates with a "Class J" designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class A-1 Certificates All Certificates bearing the class designation of "Class A-1".

  • Class A-8 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-8 and Exhibit C hereto.

  • Group 2 Certificates As specified in the Preliminary Statement.

  • Class M Certificates Any of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-6 Certificates.

  • Class B-5 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-5 and Exhibit C hereto. Class B-5 Certificateholder: The registered holder of a Class B-5 Certificate.

  • Class C Certificate Any one of the Certificates with a “Class C” 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.

  • Class A-2 Certificates All Certificates bearing the class designation of "Class A-2".

  • Class A-6 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-6 and Exhibit C hereto.

  • Group 1 Certificates As specified in the Preliminary Statement.

  • Class I-A-1 Certificate Any Certificate designated as a "Class I-A-1 Certificate" on the face thereof, in the form of Exhibit A-1 hereto, representing the right to the Percentage Interest of distributions provided for the Class I-A-1 Certificates as set forth herein and evidencing a Regular Interest in REMIC II.