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Xxxxxx Xxx Securities definition

Xxxxxx Xxx Securities. Shall have the meaning ascribed thereto in the definition ofAgency Security” herein.
Xxxxxx Xxx Securities. (in the case of Xxxxxx Mae) and “Xxxxxxx Mac Securities” (in the case of Xxxxxxx Mac).
Xxxxxx Xxx Securities. The MBS and the Underlying REMIC Certificates.

Examples of Xxxxxx Xxx Securities in a sentence

  • Xxxxxx Mae, acting in its corporate capacity, does hereby transfer, assign, set over and otherwise convey to Xxxxxx Xxx, acting in its capacity as Trustee for the Lower Tier REMIC established hereby, all of Xxxxxx Mae’s right, title and interest in and to the Xxxxxx Xxx Securities identified in Exhibit A hereto, including all payments of principal and interest thereon received after the month of the Issue Date.

  • Lessor may require, at Lessee's sole cost and expense, a lien release and completion bond in an amount equal to either the actual contract price or one and one-half times the estimated cost of any improvements, additions or alterations in the Premises which Lessee desires to make, to insure Lessor against any liability for lien and to insure completion of the work.

  • This Agreement shall be in full force and effect from the date of execution and delivery hereof by the parties hereto and shall, with respect to each Series of Bonds, continue in effect so long as any Bonds are outstanding or, prior to the issuance of any Bonds, so long as the Servicer shall own any Mortgage Loans purchased hereunder, or any Mortgage Loans purchased hereunder continue to back GNMA Certificates, Xxxxxx Xxx Securities, or Xxxxxxx Mac Securities, whichever is latest.

  • Prior to an Event of Default, from time to time, the Seller, as an approved Issuer of Xxxxxx Xxx Securities, may agree to issue Xxxxxx Mae Securities backed by certain of the Purchased Mortgage Loans or, as an approved Xxxxxx Xxx Seller or Xxxxxxx Mac Seller, may agree to sell Purchased Mortgage Loans to Xxxxxx Xxx or Xxxxxxx Mac, as applicable, in exchange for Xxxxxx Mae Securities or Xxxxxxx Mac Securities, as applicable.

  • The Lenders acknowledge that the Servicer with respect to a Program may terminate the Origination Period for such Program at any time upon written notice to Lenders if the trustee for an issue of Bonds or the Local HFA, if a Program is not related to an issue of Bonds, fails to purchase GNMA Certificates, Xxxxxxx Mac Securities or Xxxxxx Xxx Securities in accordance with the related Program due to insufficient funds being available for such purchase.


More Definitions of Xxxxxx Xxx Securities

Xxxxxx Xxx Securities. (in the case of Xxxxxx Xxx) and “Xxxxxxx Xxx Securities” (in the case of Xxxxxxx Xxx).
Xxxxxx Xxx SecuritiesThe Trust MBS and the Underlying REMIC Certificates.
Xxxxxx Xxx SecuritiesThe Class 50-SD Certificate and the Class 163-SD Certificate, each of which shall be as further described in Exhibit A hereto.
Xxxxxx Xxx Securities. Each Xxxxxx Mae Guaranteed REMIC Pass-Through Certificate held in the Trust Fund and identified in the Xxxxxx Xxx Security Schedule attached hereto under the heading “Underlying REMIC Certificates (Directly Owned by the Trust).”
Xxxxxx Xxx Securities. The Trust SMBS and the Underlying REMIC Certificates. Trust Fund: The corpus of the trust created by the Trust Agreement and this Issue Supplement, consisting of (a) the Xxxxxx Mae Securities and all proceeds thereof, (b) the Certificate Account and all cash and investments held therein and (c) the Retail Cash Deposit Account and all cash held therein; provided, however, that for purposes of the qualification and treatment of the Trust Fund as a REMIC, the Trust Fund shall be deemed not to include the Retail Cash Deposit Account or any cash held herein.
Xxxxxx Xxx Securities. (in the case of Xxxxxx Xxx) and “Freddie Mac Securities” (in the case of Freddie Mac).
Xxxxxx Xxx SecuritiesThe Class 16-B Certificate, the Class G4-A Certificate, the Class 23-FA Certificate, the Class 23-SC Certificate, the Class 59-S Certificate, the Class 7-A Certificate, and the IO-SMBS Certificate, each of which shall be as further described in Exhibit A hereto.