Exchangeable REMIC Certificates. The Class 1-A-1, Class 1-A-2, Class 1-A-3, Class 1-A-4, Class 1-A-6, Class 1-A-7, Class 3-A-1, Class 3-A-2, Class 3-A-3, Class 3-A-4, Class 4-A-2, Class 4-A-3, Class 5-A-2 and Class 5-A-3 Certificates issued under the Trust Agreement. Floating Rate Certificates The Class 1-A-1, Class 1-A-2, Class 3-A-1, Class 3-A-3 and Class 3-A-6 Certificates.
Exchangeable REMIC Certificates. The Class 2-A-1, Class 2-A-2, Class 2-A-3 Class 3-A-1, Class 3-A-2 and Class 3-A-3 Certificates issued under the Trust Agreement.
Exchangeable REMIC Certificates. The Class I-A-1 Certificates.
Exchangeable REMIC Certificates. The Class 1-A-4, Class 1-A-8, Class 1-A-9, Class 1-A-10, Class 1-A-11, Class 1-A-12, Class 2-A-3, Class 2-A-4, Class 3-A-14 and Class 3-A-15 Certificates issued under the Trust Agreement. Floating Rate Certificates The Class 1-A-1 and Class 3-A-1 Certificates. Group 1-B Certificates The Class 1-B-1, Class 1-B-2, Class 1-B-3, Class 1-B-4, Class 1-B-5 and Class 1-B-6 Certificates. Group 1 Certificates Class 1-A-1, Class 1-A-2, Class 1-A-3, Class 1-A-4, Class 1-A-5, Class 1-A-6, Class 1-A-7, Class 1-A-8, Class 1-A-9, Class 1-A-10, Class 1-A-11 and Class 1-A-12 Certificates. Group 2 Certificates Class 2-A-1, Class 2-A-2, Class 2-A-3, Class 2-A-4, Class AR and Class AR-L Certificates. Group 3 Certificates Class 3-A-1, Class 3-A-2, Class 3-A-3, Class 3-A-5, Class 3-A-6, Class 3-A-7, Class 3-A-8, Class 3-A-9, Class 3-A-10, Class 3-A-11, Class 3-A-12, Class 3-A-13, Class 3-A-14 and Class 3-A-15 Certificates. Group C-B Certificates The Class C-B-1, Class C-B-2, Class C-B-3, Class C-B-4, Class C-B-5 and Class C-B-6 Certificates. Inverse Floating Rate Certificates The Class 1-A-2 and Class 3-A-2 Certificates. LIBOR Certificates The Floating Rate Certificates and the Inverse Floating Rate Certificates. Lockout Certificates The Class 1-A-4, Class 1-A-7, Class 1-A-11, Class 2-A-3, Class 2-A-4, Class 3-A-13, Class 3-A-14 and Class 3-A-15 Certificates. Notional Amount Certificates The Class 1-A-2, Class 1-A-9, Class 1-A-12, Class 3-A-2, Class 3-A-7, Class 3-A-11 and the Class A-X Certificates. Offered Certificates All Classes of Certificates other than the Private Certificates. Physical Certificates The Residual Certificates and the Private Certificates. Planned Principal Classes The Class 1-A-8, Class 1-A-10, Class 3-A-6 and Class 3-A-8 Certificates. Principal Only Certificates The Class A-P Certificates. Private Certificates The Class 1-B-4, Class 1-B-5, Class 1-B-6, Class C-B-4, Class C-B-5, Class C-B-6 and Class PP Certificates. Rating Agencies S&P, Fitch and Xxxxx’x. Regular Certificates All Classes of Certificates other than the Residual Certificates. Residual Certificates The Class AR and Class AR-L Certificates. Senior Certificates The Class A, Class P, Class X and the Residual Certificates. Subordinate Certificates The Group 1-B and Group C-B Certificates. Targeted Principal Class The Class 1-A-1 and Class 3-A-1 Certificates. Uncertificated REMIC Interests The Class 1-A-4, Class 1-A-8, Class 1-A-9, Class 1-A-10, Class 1-A-11, Class 1-A-12, Class 2-A-3, Class 2-A-...
Exchangeable REMIC Certificates. The Class 1-A-1, Class 1-A-2, Class 2-A-1, Class 2-A-2, Class 3-A-1 and Class 3-A-2 Certificates. Exchangeable REMIC Combination: Any of Exchangeable REMIC Combination 1, Exchangeable REMIC Combination 2, Exchangeable REMIC Combination 3, Exchangeable REMIC Combination 4 or Exchangeable REMIC Combination 5, as applicable.
Exchangeable REMIC Certificates. The Class 1-A-4, Class 1-A-6, Class 1-A-11, Class 1-A-17, Class 1-A-18, Class 1-A-19, Class 2-A-3, Class 3-A-2 and Class 30-IO Certificates are Interest Only Certificates and are not entitled to distributions in respect of principal. Notwithstanding the foregoing, on each Distribution Date prior to the Senior Credit Support Depletion Date but on or after the date on which the aggregate Class Certificate Balance of the Senior Non-PO Certificates of a Group have been reduced to zero, amounts otherwise distributable as principal payments from the Related Loan Group on the Subordinate Certificates will be paid as principal to the remaining Classes of Senior Non-PO Certificates together with the applicable Senior Principal Distribution Amount in accordance with the priorities set forth for the applicable Group in (b)(i), (ii) or (iii) above, provided that on such Distribution Date (a) the Aggregate Subordinate Percentage for such Distribution Date is less than twice the initial Aggregate Subordinate Percentage or (b) the outstanding principal balance of the Mortgage Loans (including, for this purpose, any Mortgage Loans in foreclosure, any REO Property and any Mortgage Loan for which the Mortgagor has filed for bankruptcy after the Closing Date) delinquent 60 days or more (averaged over the preceding six month period), as a percentage of the aggregate Class Certificate Balance of the Subordinate Certificates, is equal to or greater than 50%. If the Senior Non-PO Certificates of two Groups remain outstanding, the distributions described above will be made to the Senior Non-PO Certificates of such Groups, pro rata, in proportion to the aggregate Class Certificate Balance of the Senior Non-PO Certificates of each such Group. In addition, after giving effect to the second preceding sentence, if on any Distribution Date the aggregate Class Certificate Balance of the Senior Non-PO Certificates of a Group is greater than the Adjusted Pool Amount (Non-PO Portion) of the related Loan Group (any such Group, the "Undercollateralized Group" and any such excess, the "Undercollateralized Amount"), all amounts otherwise distributable as principal on the Subordinate Certificates pursuant to Section 5.02(a)(iv)(L), (J), (H), (F), (D) and (B), in that order, will be paid as principal to the Senior Non-PO Certificates of the Undercollateralized Group together with the applicable Senior Principal Distribution Amount in accordance with the priorities set forth for the applicable Gr...
Exchangeable REMIC Certificates. Each of the Class 1-A-1, Class 1-A-2, Class 1-A-11, Class 1-A-12, Class 1-A-13, Class 1-A-14, Class 1-A-15, Class 1-A-16, Class 1-A-20, Class 1-A-21, Class 1-A-22, Class 1-A-23, Class 1-A-24, Class 1-A-25, Class 1-A-26, Class 1-A-27, Class 1-A-28, Class 1-A-29, Class 1-A-30, Class 1-A-31, Class 1-A-32, Class 1-A-33, Class 1-A-34, Class 1-A-39, Class 1-A-40, Class 1-A-41, Class 1-A-49, Class 1-A-50, Class 1-A-54, Class 1-A-55, Class 1-A-56, Class 1-A-57, Class 1-A-58, Class 1-A-59, Class 1-A-60, Class 1-A-61, Class 1-A-62, Class 1-A-63, Class 1-A-93, Class 1-A-94 and Class 1-A-95 Certificates issued pursuant to the Trust Agreement.
Exchangeable REMIC Certificates. The Class A-3, Class A-4, Class A-5 and Class A-6 Certificates issued under the Trust Agreement. Group C-B Certificates The Class C-B-1, Class C-B-2, Class C-B-3, Class C-B-4, Class C-B-5 and Class C-B-6 Certificates. Notional Amount Certificates The Class A-4, Class A-6 and Class A-IO Certificates. Offered Certificates All Classes of Certificates other than the Private Certificates. Physical Certificates The Residual Certificates and the Private Certificates. Private Certificates The Class C-B-4, Class C-B-5, Class C-B-6 and Class PP Certificates. Rating Agencies S&P and Fitch. Regular Certificates All Classes of Certificates other than the Residual Certificates. Residual Certificates The Class AR and Class AR-L Certificates. Senior Certificates The Class A-3, Class A-4, Class A-5, Class A-6, Class A-IO, Class AR and Class AR-L Certificates. Subordinate Certificates The Group C-B Certificates. Uncertificated REMIC Interests The Class A-3, Class A-4, Class A-5, Class A-6 Certificates issued under this Pooling and Servicing Agreement. All covenants and agreements made by the Depositor herein are for the benefit and security of the Certificateholders. The Depositor is entering into this Agreement, and the Trustee is accepting the trusts created hereby and thereby, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged. The principal balance of the Mortgage Loans as of the Cut-off Date is $681,047,053.11. The parties hereto intend to effect an absolute sale and assignment of the Mortgage Loans to the Trustee for the benefit of Certificateholders under this Agreement. However, the Depositor and the Seller will hereunder absolutely assign and, as a precautionary matter grant a security interest in and to, its rights, if any, in the related Mortgage Loans to the Trustee on behalf of Certificateholders to ensure that the interest of the Certificateholders hereunder in the Mortgage Loans is fully protected.
