Regular Certificates definition

Regular Certificates. As specified in the Preliminary Statement.
Regular Certificates. Any of the Class A-1, Class A-2, Class A-3, Class A-4, Class A-AB, Class A-BP, Class A-S, Class B, Class C, Class D, Class E-RR, Class F-RR, Class G-RR, Class H-RR, Class X-A, Class X-BP, Class X-B and Class X-D Certificates.
Regular Certificates. As specified in the Preliminary Statement. Regulation AB: Subpart 229.1100 – Asset Backed Securities (Regulation AB), 17 C.F.R. §§229.1100-229.1123, as such may be amended from time to time, and subject to such clarification and interpretation as have been provided by the Commission in the adopting release (Asset-Backed Securities, Securities Act Release No. 33-8518, 70 Fed. Reg. 1,506, 1,531 (Jan. 7, 2005)) or by the staff of the Commission, or as may be provided by the Commission or its staff from time to time.

Examples of Regular Certificates in a sentence

  • Any Aggregate Available Funds remaining in the Upper-Tier REMIC Distribution Account after all required distributions under this Agreement have been made to each Class of Regular Certificates will be deemed distributed to the Class UR Interest and shall be payable to the Holders of the Class R Certificates.

  • The foregoing REMIC structure is intended to cause all of the cash from the Mortgage Loans to flow through to the Upper-Tier REMIC as cash flow on the Regular Certificates, without creating any shortfall, actual or potential (other than for credit losses), to any Regular Certificate.

  • Each such election will be made on IRS Form 1066 or other appropriate federal tax return for the taxable year ending on the last day of the calendar year in which the Lower-Tier Regular Interests and the Regular Certificates are issued.

  • For the purposes of the REMIC election in respect of the Upper-Tier REMIC, each Class of Regular Certificates shall be designated as a class of “regular interests” and the Class UR Interest shall be designated as the sole class of “residual interests” in the Upper-Tier REMIC.


More Definitions of Regular Certificates

Regular Certificates. The Class A, Class M and Class SB Certificates.
Regular Certificates. The Non-Vertically Retained Regular Certificates and, to the extent they represent a portion of the Class VRR Upper-Tier Regular Interest, the Class VRR Certificates, collectively.
Regular Certificates. All of the Certificates other than the Class AR Certificates.
Regular Certificates. The Class A, Class X, Class B, Class C, Class D and Class E Certificates and the RR Interest.
Regular Certificates. The Class A, Class B, Class C, Class D and Class VRR Certificates, collectively.
Regular Certificates. The Class A, Class B and Class VRR Certificates, collectively.