Group 1 Reference Tranches definition
Group 1 Reference Tranches means the six classes of hypothetical tranches deemed to be backed by the Reference Obligations in Loan Group 1, referred to as the Class 1A-H, Class 1M-1, Class 1M-1H, Class 1M-2A, Class 1M-AH, Class 1M-2B, Class 1M-BH, Class 1B and Class 1B-H Reference Tranches, with the following initial Class Notional Amounts: Classes of Reference Tranches Initial Class Notional Amount Class 1A-H $11,387,071,699.00 Class 1M-1 $157,758,000.00 Class 1M-1H $8,303,462.00 Class 1M-2A $56,342,000.00 Class 1M-AH $2,965,665.00 Class 1M-2B $123,953,000.00 Class 1M-BH $6,523,863.00 Class 1B $59,000,000.00 Class 1B-H $59,615,331.00
Examples of Group 1 Reference Tranches in a sentence
Each Group 1 Reference Tranche will have the initial Class Notional Amount set forth in the definition of "Group 1 Reference Tranches" in Article I (Definitions) in this Agreement, and the aggregate of the initial Class Notional Amounts of all the Group 1 Reference Tranches will equal the Group 1 Cut-off Date Balance.
Each Group 1 Reference Tranche will have the initial Class Notional Amount set forth in the definition of "Group 1 Reference Tranches" in Article I (Definitions) in this Agreement, and the aggregate of the initial Class Notional Amounts of all the Group 1 Reference Tranches will equal the Group 1 Cut- off Date Balance.