Class A-3 Certificateholder definition
Examples of Class A-3 Certificateholder in a sentence
By accepting a Class A-3 Certificate, each Class A-3 Certificateholder acknowledges that for federal, state and local tax purposes any payments of such Class A-2/A-3 Net WAC Pass-Through Amount shall not be payments with respect to a "regular interest" in a REMIC within the meaning of Code Section 860G(a)(1).
As between the Class A-3 Certificateholders, the share of each Class A-3 Certificateholder in the 6.125% Underlying Securities to be distributed shall be determined based on the then unpaid Certificate Principal Balance of its Class A-3 Certificates .
By accepting a Class A-3 Certificate, each Class A-3 Certificateholder acknowledges that any such Class A-3/A-4 Net WAC Pass-Through Amount shall for federal, state and local tax purposes be deemed distributed in respect of the Regular Interest the ownership of which is represented by the Class A-3 Certificates.
Distributions on this Class A-3 Certificate will be made by the 1997-A Securitization Trustee by check mailed to the Class A-3 Certificateholder of record in the Certificate Register without the presentation or surrender of this Class A-3 Certificate or the making of any notation hereon except that with respect to Class A-3 Certificates registered in the name of Cede & Co., the nominee for The Depository Trust Company, distributions will be made by wire transfer of immediately available funds.
I-9 Class A-3 Certificateholder........................................................................
Distributions on this Class A-3 Certificate will be made by the 1998-C Securitization Trustee by check mailed to the Class A-3 Certificateholder of record in the Certificate Register without the presentation or surrender of this Class A-3 Certificate or the making of any notation hereon except that with respect to Class A-3 Certificates registered in the name of Cede & Co., the nominee for The Depository Trust Company, distributions will be made by wire transfer of immediately available funds.
Distributions on this Class A-3 Certificate will be made by the 1998-B Securitization Trustee by check mailed to the Class A-3 Certificateholder of record in the Certificate Register without the presentation or surrender of this Class A-3 Certificate or the making of any notation hereon except that with respect to Class A-3 Certificates registered in the name of Cede & Co., the nominee for The Depository Trust Company, distributions will be made by wire transfer of immediately available funds.
Each Class A-3 Certificateholder agrees to update or replace such form or certification in accordance with its terms or its subsequent amendments and consents to the delivery by the Supplemental Interest Trust Trustee or any Paying Agent to the Yield Maintenance Agreement Provider of any such certification.