Certificates Issuable in Series; Authorized Denominations. The aggregate principal amount of Certificates of a Series that may be authenticated and delivered under this Agreement is limited to the aggregate Scheduled Principal Balance of the Mortgage Loans in the related Mortgage Loan Group as of the Cut-off Date. The aggregate Fractional Undivided Interest of each Certificate of a Series that may be authenticated and delivered under this Agreement is limited to 100%. Certificates shall be issued in Authorized Denominations.
Appears in 2 contracts
Sources: Pooling and Servicing Agreement (CMC Securities Corp Iii), Pooling and Servicing Agreement (CMC Securities Corp Iii)
Certificates Issuable in Series; Authorized Denominations. The aggregate principal amount of Certificates of a Series that may be authenticated and delivered under this Agreement is limited to the aggregate Scheduled Principal Balance of the Mortgage Loans in the related Mortgage Loan Group as of the Cut-off Off Date. The aggregate Fractional Undivided Interest of each Certificate of a Series that may be authenticated and delivered under this Agreement is limited to 100%. Certificates shall be issued in Authorized Denominations.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (CMC Securities Corp Iv)