Underlying Certificates definition

Underlying Certificates. The Class A-1B Certificates issued pursuant to the Underlying Pooling and Servicing Agreement.

Underlying Certificates means as of any date of determination, any or all of the asset-backed certificates and/or owner trust certificates at the time held as part of the Trust Estate as set forth in the Certificate Schedule maintained with the Owner Trustee.

Underlying Certificates. The Class A-1B Certificates and the Class A-2B Certificates.

Examples of Underlying Certificates in a sentence

• The Depositor agrees to provide to the Trustee all documents required for the transfer to the Trustee of the Deposited Underlying Certificates.

• The transfer of the Deposited Underlying Certificates and all other assets constituting the Trust Fund is absolute and is intended by the parties hereto as a sale.

• The Trustee shall not permit the Deposited Underlying Certificates or any other asset constituting the Trust Fund to be subjected to any lien, claim or encumbrance arising by, through or under the Trustee or any person claiming by, through or under the Trustee.

• The Deposited Underlying Certificates have been credited to the Securities Account.

• The Trustee shall not be accountable for the use or application by the Depositor or the Underlying Certificate Seller of any funds paid to the Depositor or the Underlying Certificate Seller in respect of the Deposited Underlying Certificates.

More Definitions of Underlying Certificates

Underlying Certificates has the meaning specified in the Sale and Assignment Agreement.

Underlying Certificates. The Resolution Trust Corporation, Commercial Mortgage Pass-Through Certificates, Series 1994-C1, Class E certificates with an aggregate unpaid principal balance as of the Cut-off Date of $ , being transferred to the Trustee pursuant to Section 2.01.

Underlying Certificates. The Certificates held in the Trust and evidencing beneficial interests in the 2002-90 Trust.

Underlying Certificates. With respect to the Class 1-A1A Certificates, the Class 1-A1AU Certificates. With respect to the Class 1-A2A2 Certificates, the Class 1-A2A2U Certificates. With respect to the Class 1-A2B Certificates, the Class 1-A2BU Certificates. With respect to the Class 1-A3B Certificates, the Class 1-A3BU Certificates. Underwriter: Xxxxxx Brothers Inc.

Underlying Certificates means the certificates representing the residual interests issued by fifteen trusts formed by the Seller between February 1996 and August 1999 in connection with securitizations of fixed rate motor vehicle retail installment sales contracts and installment loan agreements as specifically identified on Schedule I, each of which shall be registered in the name of or as designated by the Issuer.

Underlying Certificates. DLJ Mortgage Acceptance Corp., First Nationwide Trust Series 1999-4, Mortgage Pass-Through Certificates, Series 1999-4, Class IIIPP-A-1, representing a 22.7848% percentage interest in such class of certificates, which Underlying Certificates evidence a partial senior interest in the trust fund created by the Pooling and Servicing Agreement, and which Underlying Certificates are transferred to the Trust by the Depositor and identified in the Underlying Certificate Schedule. The Certificate Principal Balance of the Underlying Certificates as of November 19, 1999 (after taking into account distributions on the Underlying Certificates on such date) was 178,660,299.

Underlying Certificates. $138,930,586 aggregate principal balance (as of the Closing Date) of the WaMu Mortgage Pass-Through Certificates, Series 2003-S11 Certificates, Class 1-A, issued by the Underlying Trust pursuant to the Pooling and Servicing Agreement.