Common use of Class P and Class Clause in Contracts

Class P and Class. X Certificates and the Residual Certificates; any certificate with a rating below the lowest applicable permitted rating under the Underwriters' Exemption. Group I Class A Certificates. Class A-1 Certificates. Group II Class A Certificates............... Class A-2A, Class A-2B and Class A-2C Certificates. LIBOR Certificates........... Class A and Subordinated Certificates.

Appears in 4 contracts

Sources: Pooling and Servicing Agreement (EquiFirst Loan Securitization Trust 2007-1), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2007-Br5), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2007-Nc2)

Class P and Class. X Certificates and the Residual Certificates; any certificate with a rating below the lowest applicable permitted rating under the Underwriters' Exemption. Group I Class A Certificates. Class A-1 Certificates. Group II Class A Certificates............... Class A-2A, Class A-2B and Class A-2C Certificates. LIBOR Certificates........... Class A and Subordinated Certificates.

Appears in 2 contracts

Sources: Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2006-Wm4), Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2007-He1)