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Uncertificated Interests definition

Uncertificated Interests. The LT-A-R Interest.
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Uncertificated Interests. The LT1-A-R, LT2-A-R and Class MT1-A-R Interests.
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Uncertificated Interests. The Uncertificated VRR Interest and the Uncertificated 111RR Interest, collectively.
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Examples of Uncertificated Interests in a sentence

  • The Uncertificated Interests shall be issuable as uncertificated securities in registered form only and shall be securities governed by Article 8 of the New York Uniform Commercial Code.

  • A registration book shall be maintained for the Certificates and the Uncertificated Interests collectively.

  • The Certificate Register in respect of the Uncertificated Interests shall contain a statement that transfers of the Uncertificated Interests to a Disqualified Organization are prohibited as provided in this Agreement.

  • The Securities Administrator is hereby appointed, and the Securities Administrator hereby accepts its appointment as, initial Certificate Registrar in respect of the Certificates and shall maintain books for the registration and for the transfer of Certificates and the Uncertificated Interests (the “Certificate Register”).

  • The Class LA, Class LB, Class LC, Class LD and Class LE Uncertificated Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder.

  • The Class LA, Class LB, Class LVRR and LUVRR Uncertificated Interests will evidence “regular interests” in the Lower-Tier REMIC created hereunder.

  • If within one year after the second notice any Certificate or Uncertificated Interest shall not have been surrendered for cancellation, the Certificate Administrator may, directly or through an agent, take appropriate steps to contact the remaining Certificateholders or Uncertificated Interest Owners, as applicable, concerning surrender of their Certificates or Uncertificated Interests, as applicable.

  • The Lower-Tier REMIC will hold the Mortgage Loans and will issue the Class LA1, Class LA2, Class LA3, Class LA4, Class LAAB, Class LABP, Class LAS, Class LB, Class LC, Class LD, Class LE, Class LF, Class LG and Class LH Uncertificated Interests (the “Lower-Tier Regular Interests”), which will evidence the “regular interests” in the Lower-Tier REMIC created hereunder.

  • The Lower-Tier REMIC will hold the Mortgage Loans (exclusive of Excess Interest) and will issue the Class LA1, Class LA2, Class LASB, Class LA3, Class LA4, Class LAS, Class LB, Class LC, Class LD, Class LE, Class LF, Class LG and LRR Uncertificated Interests (the “Lower-Tier Regular Interests”), which will evidence the “regular interests” in the Lower-Tier REMIC created hereunder.

  • The Securities Administrator is hereby appointed, and the Securities Administrator hereby accepts its appointment as initial Certificate Registrar in respect of the Certificates and shall maintain books for the registration and for the transfer of Certificates and the Uncertificated Interests (the “Certificate Register”).


More Definitions of Uncertificated Interests

Uncertificated Interests. For avoidance of doubt, (i) no Uncertificated VRR Interest will be issued under this Agreement, (ii) no Trust Subordinate Companion Loans will be included in the Trust Fund, and accordingly no Uncertificated Interests shall relate to a Trust Subordinate Companion Loan and any references to an Uncertificated Interest relating to a Trust Subordinate Companion Loan shall be disregarded, and (iii) accordingly, no Uncertificated Interest will be issued under this Agreement, and any references to “Uncertificated Interest” in this Agreement shall be disregarded.
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Uncertificated Interests. The Uncertificated VRR Interest and any Loan-Specific Uncertificated Interests. For the avoidance of doubt, no Uncertificated Interests shall be issued hereunder, and any references to “Uncertificated Interest” or “Uncertificated Interests” shall be disregarded.
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Uncertificated Interests has the meaning set forth in Section 2.08(a).
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Uncertificated Interests. The [ ] Interests.
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Uncertificated Interests. The LT1-A-R Interest, the LT2-A-R Interests and the LT3-A-R Interest.
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Related to Uncertificated Interests

  • Class LB Uncertificated Interest An uncertificated regular interest in the Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC and having the Original Lower-Tier Principal Amount and per annum rate of interest set forth in the Preliminary Statement hereto.

  • Class LC Uncertificated Interest An uncertificated regular interest in the Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC and having the Original Lower-Tier Principal Amount and per annum rate of interest set forth in the Preliminary Statement hereto.

  • Uncertificated Lower-Tier Interest A regular interest in the Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC and is entitled to monthly distributions as provided in Section 5.02(a) hereof. Any of the Class 1-L Interest, Class 1-LS Interest, Class 2-L Interest, Class 2-LS Interest, Class 3-L Interest, Class 3-LS Interest, Class 4-L Interest and Class 4-LS Interest are Uncertificated Lower-Tier Interests.

  • Uncertificated Warrant means any Warrant which is not a Certificated Warrant;

  • uncertificated means, in relation to a share, a share title to which is recorded in the register as being held in uncertificated form and title to which, by virtue of the Uncertificated Securities Regulations, may be transferred by means of a relevant system;

  • Uncertificated Security has the meaning specified in Section 8-102(a)(18) of the UCC.

  • certificated means, in relation to a share, a share which is not in uncertificated form;

  • Uncertificated ADS(s) shall have the meaning set forth in Section 2.13.

  • Uncertificated Securities Regulations means the Uncertificated Securities Regulations 2001;

  • Certificated Securities means Securities in the form of physical, certificated Securities in registered form.

  • uncertificated proxy instruction means an instruction or notification sent by means of a relevant system and received by such participant in that system acting on behalf of the Company as the board may prescribe, in such form and subject to such terms and conditions as may from time to time be prescribed by the board (subject always to the facilities and requirements of the relevant system concerned);

Most Referenced Clauses

Most Referenced Definitions