Adjustable Rate Certificates Sample Clauses
The Adjustable Rate Certificates clause defines the terms under which certificates or securities have interest rates that can change over time, rather than remaining fixed. Typically, these rates are tied to a benchmark index, such as LIBOR or the U.S. Treasury rate, and are adjusted at specified intervals according to a predetermined formula. This clause ensures that both issuers and holders understand how and when interest payments may fluctuate, thereby allocating the risk of interest rate changes and providing transparency regarding future payment obligations.
Adjustable Rate Certificates. Offered Certificates....................All Classes of Certificates other than the Private Certificates. Physical Certificates...................Class R, Class P, and Class X Certificates.
Adjustable Rate Certificates. LIBOR Certificates......................
Adjustable Rate Certificates. The Class A-1, Class A-2, Class M-1, Class M-2 and Class B Certificates.
Adjustable Rate Certificates. Mezzanine Certificates..................Class MF-1, Class MF-2, Class MV-1, and Class MV-2 Certificates.
Adjustable Rate Certificates. Any of the Class I-A-2, Class I-A-3, Class I-A-5, Class I-A-6, Class I-A-10, Class I-A-11, Class I-A-14, Class I-A-15, Class I-A-17 and Class I-A-18 Certificates.
Adjustable Rate Certificates. The Class A Certificates, the Class M-1 Certificates, the Class M-2A Certificates, the Class M-3 Certificates, the Class M-4 Certificates and the Class M-5 Certificates. Affiliate: With respect to any Person, any other Person controlling, controlled by or under common control with such Person. For purposes of this definition, “control” means the power to direct the management and policies of a Person, directly or indirectly, whether through ownership of voting securities, by contract or otherwise and “controlling” and “controlled” shall have meanings correlative to the foregoing.
Adjustable Rate Certificates. Offered Certificates............................. All Classes of Certificates other than the Private Certificates. Physical Certificates............................ Class X and Class R Certificates. Private Certificates............................. Class X Certificate. Rating Agencies.................................. S&P and Fitch. Regular Certificates............................. All Classes of Certificates other than the Class R Certificates. Residual Certificates............................ Class R Certificates. Subordinated Certificates........................ Mezzanine Certificates, Class BF Certificates and Class BV Certificates.
Adjustable Rate Certificates. The Group I Certificates and the Class AF-1 Certificates. Affiliate: With respect to any Person, any other Person controlling, controlled by or under common control with such Person. For purposes of this definition, “control” means the power to direct the management and policies of a Person, directly or indirectly, whether through ownership of voting securities, by contract or otherwise and “controlling” and “controlled” shall have meanings correlative to the foregoing. Agreement: This Pooling and Servicing Agreement and all amendments hereof and supplements hereto.
Adjustable Rate Certificates. Any of the Class A-3 Certificates and the Class A-4 Certificates.
Adjustable Rate Certificates. Any of the Class A-6 and Class A-7 Certificates.