Examples of Class IA-6 Certificates in a sentence
The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall, any Relief Act Shortfall and the interest portion of certain Realized Losses allocated to the Class I-A-6 Certificates, as described in the Agreement.
The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall and the interest portion of certain Realized Losses allocated to the Class I-A-6 Certificates, as described in the Agreement.
MORTGAGE LOAN TRUST, SERIES 2005-6 MORTGAGE PASS-THROUGH CERTIFICATE evidencing a fractional undivided interest in the distributions allocable to the Class I-A-6 Certificates with respect to a trust fund generally consisting of a pool of conventional one- to four-family fixed-rate mortgage loans (the “Mortgage Loans”) secured by one- to four- family residences, units in planned unit developments and individual condominium units (the “Trust Fund”) sold by DEUTSCHE ALT-A SECURITIES, INC.
The Class I-A-6 Certificates will be entitled to distributions of principal and interest in accordance with the provisions of the Agreement.
The balance of any amount remaining in the Reserve Fund on the Distribution Date on which the Current Principal Amount of the Class I-A-6 Certificates has been reduced to zero will be distributed to Bear, Stearns & Co. Inc.
The Trustee shall distribute such amounts withdrawn from the Reserve Fund to the Class I-A-6 Certificateholders on such Distribution Date in the same manner as interest payments are to be allocated with respect to the Class I-A-6 Certificates pursuant to Section 6.01.
The pass-through rate on the Class I-A-6 Certificates applicable to each Distribution Date will be 6.500% per annum.
The Pass-Through Rate for the Class I-A-6 Certificates will be a variable rate equal to the Group I Net Mortgage Interest Rate less [0.5419]%.
The Class I-A-1, Class I-A-2A, Class I-A-2B Class I-A-3, Class I-A-4, Class I-A-5 and Class I-A-6 Certificates.
A Single Certificate for the Class I-A-6 Certificates represents a $22,667,000 Denomination.