Class AV-2 Certificates definition

Class AV-2 Certificates. Any Certificate designated as a "Class AV-2 Certificate" on the face thereof, in the form of Exhibit A hereto, representing the right to distributions as set forth herein.
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Class AV-2 Certificates. Any one of the Class AV-2 Certificates executed, authenticated and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-2 and evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.
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Class AV-2 Certificates. All Certificates bearing the Class designation of "Class AV-2."
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Examples of Class AV-2 Certificates in a sentence

  • Each Owner of record of a Class AV-2 Certificate will be entitled to receive such Owner’s Percentage Interest in the amounts due on such Distribution Date to the Owners of the Class AV-2 Certificates.

  • The Owner hereof is entitled to principal payments on each Distribution Date, as hereinafter described, which will fully amortize such original Certificate Principal Balance of the Class AV-2 Certificates over the period from the date of initial issuance of the Certificates to the Final Scheduled Distribution Date for the Class AV-2 Certificates.

  • As provided in the Pooling and Servicing Agreement and subject to certain limitations therein set forth, Class AV-2 Certificates are exchangeable for new Class AV-2 Certificates of authorized denominations evidencing the same aggregate principal amount.

  • The Percentage Interest of each Class AV-2 Certificate as of any date of determination will be equal to the percentage obtained by dividing the original Certificate Principal Balance of such Class AV-2 Certificate on the Startup Day by the aggregate Certificate Principal Balance of the Class AV-2 Certificates on the Startup Day.

  • The Class AV-2 Certificates are issuable only as registered Certificates in minimum denominations of $25,000 original Certificate Principal Balance and in integral multiples of $1,000 in excess of $25,000.

  • This certifies that Cede & Co. is the registered owner of a Percentage Interest (obtained by dividing the denomination of this Certificate by the aggregate Certificate Principal Balance of the Class AV-2 Certificates as of the Issue Date) in that certain beneficial ownership interest evidenced by all the Class AV-2 Certificates created pursuant to a Pooling and Servicing Agreement, dated as specified above (the "Agreement"), among Argent Securities Inc.

  • Senior Certificates ------------------- The Class AF Certificates, the Class AV-1 Certificates and the Class AV-2 Certificates.

  • Pursuant to the terms of the Yield Maintenance Agreement, amounts received thereunder will be allocable to either the Class AV-1 or Class AV-2 Certificates and the Trustee shall maintain records tracking such allocation.

  • If Tenant is unable to use the Premises in excess of seventy two (72) hours because of closure by County, ▇▇▇▇▇▇'s monthly rent shall be equitably adjusted during the closure period; provided, however, in such case the rental rebate shall be the sole adjustment to this Lease and no other damages or compensation shall be claimed or awarded.

  • The Supplemental Interest Reserve Fund will be part of the Trust but not part of any REMIC Pool and any payments to the Class A-V1 and Class A-V2 Certificates of related Supplemental Interest Amounts will not be payments with respect to a "regular interest" in a REMIC within the meaning of Code Section 860G(a)(1).


More Definitions of Class AV-2 Certificates

Class AV-2 Certificates. The First NLC Trust 2005-2 Mortgage-Backed Certificates, Series 2005-2, Class AV-2 Certificates having an initial Certificate Principal Balance and Pass-Through Rate as set forth herein and representing a Regular Interest in REMIC III.
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Related to Class AV-2 Certificates

  • Class B-4 Certificates The Certificates designated as “Class B-4” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class B-5 Certificates The Certificates designated as “Class B-5” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class A-2 Certificates All Certificates bearing the class designation of "Class A-2".

  • Class B-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class B-2 Certificates All Certificates bearing the class designation of "Class B-2".