$1M Notes definition
Examples of $1M Notes in a sentence
On the Payment Date immediately after the Payment Date on which the aggregate Class Principal Balance of the Class 2A-1, Class 2M-1 and Class 2M-2 Notes equals zero, any amounts on deposit in the Basis Risk Reserve Fund related to Loan Group 2 not payable on the Class 1A Notes and Class 1M Notes shall be distributed to the Holder of the Class 2X-1 Certificates in the same manner as if distributed pursuant to Section 3.05(e)(II)(xii) hereof.