Corresponding Class Clause Samples
The Corresponding Class clause defines the specific class or category to which a product, service, or intellectual property belongs within the context of an agreement. In practice, this clause is often used to clarify the scope of rights, obligations, or protections that apply to a particular item by referencing its classification, such as a trademark class or a product category. By clearly identifying the relevant class, the clause helps prevent ambiguity and ensures that both parties understand the exact subject matter covered, thereby reducing the risk of disputes over coverage or applicability.
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Corresponding Class. The Class of Certificates that corresponds to a class of Lower Tier Interests in REMIC 1 as described in the Preliminary Statement.
Corresponding Class. 27 Curtailment.....................................................................................................28
Corresponding Class. The Class of Certificates that corresponds to a class of Lower Tier Interests as described in the Preliminary Statement.
Corresponding Class. As defined in the Preliminary Statement.
Corresponding Class. 15 Cumulative Carry-Forward Subsequent Recoveries Amount....................................... 15 Curtailment................................................................................. 15
Corresponding Class. Not applicable.
Corresponding Class. The Class of Certificates that corresponds to a Class of interests in REMIC 3 or REMIC 4, as provided in the Preliminary Statement. Countrywide Servicing: Countrywide Home Loans Servicing LP.
Corresponding Class. The Class of Certificates that corresponds to a class of interests in Middle-Tier REMIC IA, Middle-Tier REMIC IB or Middle-Tier REMIC II, as applicable, and as described in the Preliminary Statement. Credit Support Annex: Each credit support annex, if any, to the Group 1 Swap Agreement, the Group 1 Cap Agreement, the Balance Guaranteed Cap Agreement or the Group 2 Cap Agreement, each dated as of June 29, 2007, and each between either the Supplemental Interest Trust or the Trustee on behalf of the Trust Fund and the Group 1 Swap Counterparty, the Group 1 Cap Counterparty, the Balance Guaranteed Cap Counterparty or the Group 2 Cap Counterparty, as applicable.
Corresponding Class. 24 Curtailment...................................................................................25
Corresponding Class. The Class of Certificates that corresponds to a class of Lower Tier Interests in REMIC 1 as described in the Preliminary Statement. [Credit Limit: As to any Mortgage Loan, the maximum principal blance permitted under the terms of the related Credit Line Agreement.] [Credit Line Agreement: With respect to any Mortgage Loan, the related home equity line of credit agreement and promissory note executed by the related Mortgagor and any amendment or modification thereof.]