Group 1 Classes definition

Group 1 Classes. As specified in the Prospectus Supplement.
Sample 1Sample 2
Group 1 Classes. As specified in the Prospectus Supplement. Group 1 SMBS: As specified in the Prospectus Supplement. Group 2 Classes: As specified in the Prospectus Supplement. Group 2 SMBS: As specified in the Prospectus Supplement. Group 3 Classes: As specified in the Prospectus Supplement. Group 3 SMBS: As specified in the Prospectus Supplement.
Sample 1
Group 1 Classes. All Group 1 Certificates whose form is identical except for (i) variations in the Percentage Interest evidenced thereby and (ii) in the case of the Class 1-A Certificates and Class 1-B Certificates, variations in Subclass designation and other Subclass characteristics.
Sample 1

Examples of Group 1 Classes in a sentence

  • Group 1Class 1A-H, Class 1M-1, Class 1M-1H, Class 1M-2, Class 1M-2H and Class 1B-H, as applicable (each, a "Group 1 Class" and together, the "Group 1 Classes").

  • The class principal balances of the Group 1 Classes will be reduced by pre-defined, tiered severity percentages as the Reference Obligations in Loan Group 1 experience designated credit events.

  • The Class 1M-1 Notes and the Class 1M-2 Notes (collectively, the "Group 1 Classes" or "Group 1 Notes") relate to the Reference Obligations in "Loan Group 1".

  • Whenever used in this Issue Supplement, the following phrases shall have the following meanings: Group 1 Classes or Group 2 Classes: Each, as specified in the Prospectus Supplement.

  • However, the Issuer may redeem the Class 1M-1 Notes and the Class 1M-2 Notes (the "Group 1 Classes") prior to the Maturity Date on any Payment Date when the aggregate unpaid balance of the Reference Obligations in Loan Group 1 is 10% or less of the Cut-off Date Balance of the Reference Obligations in Loan Group 1.

  • The Class 1M-1 Notes, Class 1M-2A Notes, Class 1M-2B Notes and Class 1B Notes (collectively with the Group 1 RCR Notes, the "Group 1 Classes" or "Group 1 Notes") relate to the Reference Obligations in "Loan Group 1".

  • All cash flow calculations performed with respect to Loan Group 1 will affect the Group 1 Classes only, and all cash flow calculations performed with respect to Loan Group 2 will affect the Group 2 Classes only.

  • The Class 1M-1 Notes and Class 1M-2 Notes (collectively, the "Group 1 Classes" or "Group 1 Notes") relate to the Reference Obligations in "Loan Group 1".

  • Because the mortgage loans underlying the Group 1 MBS have loan-to-value ratios in excess of 125%, the Group 1 Classes are not eligible assets for a REMIC.

  • PrincipalREMIC ClassesOn each Payment Date, we pay:Group 1‚ The Group 1 Classes as described in the Group 1 Supplement.Group 2‚ The Group 2 Asset Principal Amount in the following order of priority: Type I PACA 1.

Related to Group 1 Classes

  • Group 2 Senior Certificates As specified in the Preliminary Statement.

  • Group 1 Senior Certificates As specified in the Preliminary Statement.

  • Group 3 Senior Certificates As specified in the Preliminary Statement.

  • Group II Senior Certificates As specified in the Preliminary Statement.

  • Related Classes As to any Uncertificated REMIC I Regular Interest, those classes of Certificates identified as "Related Classes of Certificates" to such Uncertificated REMIC I Regular Interest in the definition of Uncertificated REMIC I Regular Interest.

  • Subordinate Class Percentage With respect to any Distribution Date and any Class of Subordinate Certificates, a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of such Class of Subordinate Certificates immediately prior to such date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) (other than the related Discount Fraction of each Discount Mortgage Loan) immediately prior to such Distribution Date.

  • Senior Certificates As specified in the Preliminary Statement.

  • Subordinate Certificates As specified in the Preliminary Statement.

  • Group I Senior Certificates As specified in the Preliminary Statement.

  • Group 1 Certificates As specified in the Preliminary Statement.

  • Scheduled Classes As specified in the Preliminary Statement.

  • Group 2 Certificates As specified in the Preliminary Statement.

  • Initial Class Principal Balance As set forth in the Preliminary Statement.

  • Group 2 All of the Group 2 Certificates.

  • Subclass With respect to the Class A-V Certificates, any Subclass thereof issued pursuant to Section 5.01(c). Any such Subclass will represent the Uncertificated Class A-V REMIC Regular Interest or Interests specified by the initial Holder of the Class A-V Certificates pursuant to Section 5.01(c).

  • Corresponding Class The class of interests in the Lower-Tier REMIC or Upper-Tier REMIC that corresponds to the class of interests in the other such REMIC or to a Class of Certificates in the manner set out below: Corresponding Corresponding Upper-Tier Corresponding Lower-Tier Class Designation Regular Interest Class of Certificates ---------------------------- ---------------- --------------------- Class LT-A-1 Class A-1 Class A-1 Class LT-A-2a Class A-2a Class A-2a Class LT-A-2b Class A-2b Class A-2b Class LT-A-2c Class A-2c Class A-2c Class LT-A-2d Class A-2d Class A-2d Class LT-M-1 Class M-1 Class M-1 Class LT-M-2 Class M-2 Class M-2 Class LT-M-3 Class M-3 Class M-3 Class LT-M-4 Class M-4 Class M-4 Class LT-M-5 Class M-5 Class M-5 Class LT-M-6 Class M-6 Class M-6 Class LT-B-1 Class B-1 Class B-1 Class LT-B-2 Class B-2 Class B-2 Class LT-B-3 Class B-3 Class B-3 N/A Class X Class X

  • Floating Rate Classes The Classes designated as either “Floating Rate” or “Inverse Floating Rate” in the Prospectus Supplement.

  • Group 4 Certificates As specified in the Preliminary Statement.

  • Classes The Offered Certificates shall be issued with the following Class designations, interest rates and principal balances, subject in the aggregate to the variance referred to in Section 1(a)[and, as to any particular Class, to an upward or downward variance of up to [ ]%]: Principal Interest Class Purchase Class Balance Rate Price Percentage ----- ------- ---- ----------------

  • Group 1 All of the Group 1 Certificates.