Specified Types definition

Specified Types means any Trust Certificate, CMBS, Real Estate CDO Security, REIT Debt Security or Collateral Interest related to (x) developed or undeveloped commercial real estate or (y) undeveloped real estate intended to be developed into residential property; provided that no loan shall be secured by an individual residential property.

Specified Types. Aerospace and Defense Securities, Automobile Securities, Car Rental Receivable Securities, CMBS Conduit Securities, CMBS Credit Tenant Lease Securities, CMBS Large Loan Securities, Collateralized Debt Obligation Securities, Credit Card Securities, Equipment Leasing Securities, Floorplan Receivable Securities, Future Flow Securities, Healthcare, Education and Childcare Securities, Home Equity Loan Securities, Home Improvement Loan Securities, Lottery Receivable Securities, Manufactured Housing Securities, Money Management Securities, Monoline Guaranteed Securities, Multiline Guaranteed Securities, Oil and Gas Securities, Project Finance Securities, REIT Debt Securities, Residential A Mortgage Securities, Residential B/C Mortgage Securities, Restaurant and Food Services Securities, Small Business Loan Securities, Structured Settlement Securities, Student Loan Securities, Subprime Automobile Securities, Tax Lien Securities and Timeshare Securities. After the Closing Date, any other type of Asset-Backed Security may be designated as a "Specified Type" (and designated as an "ABS Type Diversified Security," an "ABS Residential Security" or an "ABS Type Undiversified Security," together with any specification by Moody's and Standard & Poor's of a method for determining the "Rating" thereof pursuant to clause (a)(iii) or (iv) (with respect to Moody's) or clause (b)(iv), (with respect to Standard & Poor's) respectively, of the definition thereof and the assignment of a rating for purposes of clause (i), clause (j) or clause (k) of the definition of "Principal Balance") in a notice from the Collateral Manager to the Trustee so long as Moody's and Standard & Poor's have confirmed in writing to the Issuer, the Trustee and the Collateral Manager that such designation satisfies the Rating Condition and the Insurer (so long as any Class A-1S Notes are Outstanding or any Class A-1SW Accrued Insurance Liabilities or Class A-1SW Insurance Reimbursement Liabilities remain unpaid and in each case so long as no Insurer Default has occurred and is continuing) has approved such designation, which approval shall not be unreasonably withheld or delayed. If any type of Asset-Backed Security shall be so designated as an additional Specified Type, the definition of each Specified Type of Asset-Backed Security in existence prior to such designation will exclude such newly-designated Specified Type of Asset-Backed Security.

Specified Types means any Trust Certificate, CMBS, Real Estate CDO Security and REIT Debt Security.