Class B Pass Through Certificates definition
Examples of Class B Pass Through Certificates in a sentence
Promptly following each date on which the Required Amount is reduced as a result of a reduction in the Pool Balance of the Class B Pass Through Certificates or otherwise, the Commitment shall automatically be reduced to an amount equal to such reduced Required Amount (as calculated by the Borrower).
There is hereby created a [subclass] [class] of Certificates to be issued under the Agreement to be designated and known as "[Subclass A- -] [Class B] Pass Through Certificates" (hereinafter referred to as the "[Subclass A- -] [Class B] Certificates").
Securities: Class B Pass Through Certificates, Series 2017-2B (“Class B Certificates”) Amount: $220,723,000 Price to Public: 100% CUSIP: 02377D AA0 ISIN: US02377DAA00 Coupon/Stated Interest Rate: 3.70% Make-Whole Spread Over Treasuries: 0.30% Available Amount under the Liquidity Facilities at April 15, 20181: $12,250,127 Initial “Maximum Commitment” under the Liquidity Facilities: $12,476,981 Deutsche Bank Securities Inc.
Securities: Class B Pass Through Certificates, Series 2017-1B (“Class B Certificates”) Amount: $197,777,000 Price to Public: 100% CUSIP: 02378W AA7 ISIN: US02378WAA71 Coupon/Stated Interest Rate: 4.950% Make-Whole Spread Over Treasuries: 0.500% Available Amount under the Liquidity Facility at August 15, 2017 1: $14,684,943 Initial “Maximum Commitment” under the Liquidity Facility: $15,555,162 Underwriters’ Purchase Commitments: Credit Suisse Securities (USA) LLC Citigroup Global Markets Inc.