Initial Certificate Notional Amount definition

Initial Certificate Notional Amount. With respect to any Class X-1 and Class X-2 Certificates, the amount designated “Initial Certificate Notional Amount” on the face thereof.
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Initial Certificate Notional Amount. With respect to the Class S Certificates, the notional amount of such Certificates on the Closing Date as set forth in Section 6.01 hereof.
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Initial Certificate Notional Amount. With respect to the Class SP Certificates, the amount designated “Initial Certificate Notional Amount” on the face thereof.
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Examples of Initial Certificate Notional Amount in a sentence

  • The Initial Certificate Notional Amount of this Certificate is set forth above.

  • Accordingly, the Certificate Notional Amount of this Certificate at any time may be less than the Initial Certificate Notional Amount set forth on the face hereof, as described herein.

  • Denomination: With respect to each Certificate, the amount set forth on the face thereof as the “Initial Certificate Principal Balance or Initial Certificate Notional Amount of this Certificate”.

  • Evidencing a beneficial interest in a pool of residential mortgage loans and any other assets established by Initial Class Notional Amount of the Class A-IO Certificates: $304,487,000 Certificate Interest Rate: Adjustable Final Scheduled Distribution Date: April 2042 NUMBER 1 Initial Certificate Notional Amount of this Certificates: $304,487,000 Cut-off Date: March 1, 2012 CUSIP: 81744U AD6 THIS CERTIFIES THAT CEDE & CO.

  • Evidencing a beneficial interest in a pool of residential mortgage loans and any other assets established by Initial Class Notional Amount of the Class 2-AX Certificates: $201,698,000 Certificate Interest Rate: Adjustable Final Scheduled Distribution Date: January 2042 NUMBER 1 Initial Certificate Notional Amount of this Certificates: $201,698,000 Cut-off Date: January 1, 2012 CUSIP: 81744T AD9 THIS CERTIFIES THAT CEDE & CO.

  • Evidencing a beneficial interest in a pool of residential mortgage loans and any other assets established by Initial Class Notional Amount of the Class 1-AX Certificates: $179,733,000 Certificate Interest Rate: Adjustable Final Scheduled Distribution Date: January 2042 NUMBER 1 Initial Certificate Notional Amount of this Certificates: $179,733,000 Cut-off Date: January 1, 2012 CUSIP: 81744T AC1 THIS CERTIFIES THAT CEDE & CO.

  • Evidencing a beneficial interest in a pool of hybrid residential mortgage loans and any other assets established by Initial Class Notional Amount of the Class A-IO Certificates: $222,378,000 Certificate Interest Rate: Adjustable Final Scheduled Distribution Date: February 2040 Initial Certificate Notional Amount of this Certificates: $222,378,000 Cut-off Date: April 1, 2010 NUMBER 1 CUSIP: 81744P AB1 THIS CERTIFIES THAT CEDE & CO.

  • Evidencing a beneficial interest in a pool of residential mortgage loans and any other assets established by Initial Class Notional Amount of the Class A-IO2 Certificates: $170,408,000 Certificate Interest Rate: Adjustable Final Scheduled Distribution Date: April 2043 NUMBER 1 Initial Certificate Notional Amount of this Certificate: $170,408,000 Cut-off Date: March 1, 2013 CUSIP: 8▇▇▇▇▇ ▇▇▇ THIS CERTIFIES THAT CEDE & CO.

  • Evidencing a beneficial interest in a pool of residential mortgage loans and any other assets established by Initial Class Notional Amount of the Class A-IO Certificates: $273,280,000 Certificate Interest Rate: Adjustable Final Scheduled Distribution Date: February 2041 NUMBER 1 Initial Certificate Notional Amount of this Certificates: $273,280,000 Cut-off Date: February 1, 2011 CUSIP: 81744R AB7 THIS CERTIFIES THAT CEDE & CO.

  • Evidencing a beneficial interest in two pools consisting primarily of certain conventional, first lien, fixed rate and hybrid adjustable rate, fully amortizing and balloon, residential mortgage loans and other assets in a trust fund established by: Initial Class Notional Amount of the Class [__] Certificates: $[__] Initial Certificate Notional Amount of this Certificate: $0 Certificate Interest Rate: Fixed Cut-off Date: December 1, 2007 NUMBER [__] CUSIP: [__] THIS CERTIFIES THAT CEDE & CO.

Related to Initial Certificate Notional Amount

  • Certificate Notional Amount With respect to any Interest Only Certificate, as of any date of determination, the then notional principal amount on which such Certificate accrues interest, equal to the product of (a) the then Certificate Factor for the Class of Interest Only Certificates to which such Certificate belongs, multiplied by (b) the amount specified on the face of such Certificate as the initial Certificate Notional Amount thereof.

  • Initial Certificate Balance means $[ ].

  • Initial Certificate Principal Balance With respect to any Certificate, the Certificate Principal Balance of such Certificate or any predecessor Certificate on the Closing Date.

  • Certificate Notional Balance With respect to each Certificate of Class X and any date of determination, the product of (i) the Class Certificate Notional Balance of such Class and (ii) the applicable Percentage Interest of such Certificate.

  • Class B Certificate Rate means, for any Interest Period with respect to the Class B Certificates, a per annum rate equal to LIBOR as of the LIBOR Determination Date for such Interest Period plus the Class B Certificate Rate Spread.