Examples of Terms Supplement in a sentence
With respect to each REMIC Pool, the Assets included therein may be identified in the related Terms Supplement, in an attachment thereto or by reference therein, or in some other document and/or may be identified on the books and records of the Depositor and the Administrator.
Unless otherwise provided in the related Terms Supplement, principal payments on REMIC Certificates shall be made on each Payment Date in an aggregate amount equal to the sum of (i) the amount of interest, if any, accrued on any related Accrual Classes or Partial Accrual Classes in respect of the related Accrual Period and not then payable as interest; and (ii) an amount equal to the applicable Asset Principal Amount for such Payment Date.
Payments on REMIC Certificates of any Series on any Payment Date shall be made from the principal and interest payments made on the related Assets and any cash or other eligible assets in the related REMIC Pool, from any payment made by the Guarantor pursuant to its guarantees in accordance with Section 4.06, and, if so provided in the related Terms Supplement, from any reinvestment by the Administrator of such principal and interest payments, during the applicable Deposit Period.
The Administrator shall issue, maintain and transfer the Certificates in book- entry form or certificated form, as specified in the related Terms Supplement.
On or prior to each Payment Date, or such other day as is provided in the related Terms Supplement, the Administrator shall publish or cause to be published (or otherwise make available) a Class Factor for each Class of Certificates having a principal amount, and for each Interest Only Class having a notional principal amount.