Group 1 Senior definition

Group 1 Senior. PERCENTAGE: Initially, 98.00%. On any Distribution Date, the lesser of (i) 100% and (ii) the percentage (carried to six places rounded up) obtained by dividing the aggregate Current Principal Amount of the Group 1 Senior Certificates immediately preceding such Distribution Date by the aggregate Scheduled Principal Balance of the Group 1 Mortgage Loans as of the beginning of the related Due Period.
Sample 1Sample 2Sample 3
Group 1 Senior. Certificates: Class 1-A-1, Class 1-A-2 and Class 1-A-R Certificates.
Sample 1Sample 2
Group 1 Senior. Certificates: Class 1-CB-1, Class 1-CB-2, Class 1-CB-3, Class 1-CB-4, Class 1-CB-5, Class 1-CB-6, Class 1-CB-7 and Class 1-CB-R Certificates.
Sample 1Sample 2

Examples of Group 1 Senior in a sentence

  • Group 1 Senior Certificates and the portions of the Subordinated Certificates related to Loan Group 1.

  • Any of the Group 1 Senior Net Funds Cap, the Group 2 Senior Net Funds Cap or the Subordinate Net Funds Cap, as applicable.

  • The Group 1-B Subordinate Certificates provide, to the limited extent described in the Prospectus Supplement, credit support, to certain Group 1 Senior Certificates.

  • The "Prospectus Supplement" is that certain Prospectus Supplement, dated April 23, 2007 to that certain Prospectus, dated April 17, 2007, pursuant to which the Group 1 Senior Certificates were offered.

  • Group 1 Senior Certificates and Group 2 Senior Certificates, as applicable.

  • Group 1 Senior Certificates and the portions of the Subordinated Certificates related to Collateral Allocation Group 1.

  • The Loan Group 1 Senior Certificates or the Loan Group 2 Senior Certificates, as applicable.

  • The Group 1 Senior Certificates, the Group 2 Senior Certificates, the Group 3 Senior Certificates or the Group 4 Senior Certificates, as applicable.

  • Group 1 Senior Certificates and the Group 1 Subordinated Certificates.

  • Senior Certificate Group....................The Group 1 Senior Certificates, the Group 2 Senior Certificates or the Group 3 Senior Certificates, as applicable.


More Definitions of Group 1 Senior

Group 1 Senior. 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, Class 1-A-12, Class 1-A-13, Class 1-A-14, Class 1-A-15, Class 1-A-16, Class 1-A-17, Class 1-A-18, Class 1-A-19, 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-R, Class 1-IO and Class 1-PO Certificates.
Sample 1
Group 1 Senior. Certificates: Class CB-1, Class CB-2, Class CB-3, Class CB-4, Class CB-5, Class CB-6, Class CB-7, Class CB-8, Class CB-9, Class CB-10 and Class CB-R Certificates.
Sample 1
Group 1 Senior. Optimal Principal Amount, Group 2 Senior Optimal Principal Amount, Group 3 Senior Optimal Principal Amount, Group 4 Senior Optimal Principal Amount, Group 5 Senior Optimal Principal Amount and Group 6 Senior Optimal Principal Amount: With respect to each Distribution Date and the Group 1, Group 2, Group 3, Group 4, Group 5 and Group 6 Senior Certificates (other than the Interest Only Certificates), an amount equal to the sum, without duplication, of the following (but in no event greater than the aggregate Current Principal Amount of the Group 1, Group 2, Group 3, Group 4, Group 5 and Group 6 Senior Certificates, as applicable, immediately prior to such Distribution Date):
Sample 1
Group 1 Senior. Percentage: Initially, 94.10
Sample 1

Related to Group 1 Senior

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

  • Group 1 All of the Group 1 Certificates.

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

  • Group I Senior Percentage As of each Distribution Date, the lesser of 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Group I Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) in Loan Group I immediately prior to such Distribution Date.

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

  • Group II Senior Percentage For any Distribution Date, the lesser of (i) 100% and (ii) the aggregate Class Principal Balance of the Group II-A and Residual Certificates divided by the aggregate Class Principal Balance of the Group II Loans (exclusive of the Class II-P Fraction thereof, with respect to any Class II-P Mortgage Loan), in each case immediately before such Distribution Date.

  • Group 2 All of the Group 2 Certificates.

  • Group 4 All of the Group 4 Certificates.

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

  • Group 3 All of the Group 3 Certificates.

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

  • Group 1 Senior Principal Distribution Amount For any Distribution Date, an amount equal to the sum of (a) the Group 1 Senior Percentage of the Principal Payment Amount for Loan Group 1, (b) the Group 1 Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group 1 and (c) the Group 1 Senior Liquidation Amount.

  • Super Senior Certificates As specified in the Preliminary Statement.

  • Group I means Series 1997-1 and each other Series specified in the related Supplement to be included in Group I.

  • Group II means Series 2018-7 and each other Series specified in the related Supplement to be included in Group II.

  • Group 2 Senior Principal Distribution Amount For any Distribution Date, an amount equal to the sum of (a) the Group 2 Senior Percentage of the Principal Payment Amount for Loan Group 2, (b) the Group 2 Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group 2 and (c) the Group 2 Senior Liquidation Amount.

  • GROUP III All applicants for employment who have had two (2) or more years' experience in the trade, are residents of the geographical area constituting the normal construction labor market area, and who have been employed in the normal construction labor market area for at least six (6) months in the last two and one-half (2½) years in the geographical area covered by the collective bargaining agreement.

  • Senior Certificate Group As specified in the Preliminary Statement.

  • Loan Group 4 The Group 4 Mortgage Loans.

  • Group III Senior Principal Distribution Amount As to any Distribution Date, the sum of (i) the Group III Senior Percentage of the Principal Payment Amount for Loan Group III, (ii) the applicable Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group III, and (iii) the Group III Senior Liquidation Amount.

  • Senior Percentage As of any Distribution Date, the lesser of 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Senior Certificates (other than the Class A-P Certificates) immediately prior to such Distribution 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.

  • Group II Senior Principal Distribution Amount As to any Distribution Date, the sum of (i) the Group II Senior Percentage of the Principal Payment Amount for Loan Group II, (ii) the applicable Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group II, and (iii) the Group II Senior Liquidation Amount.

  • Aggregate Senior Percentage With respect to any Distribution Date, the fraction, expressed as a percentage, the numerator of which is equal to the aggregate Class Certificate Balance of the Senior Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all the Mortgage Loans as of the Due Date in the month preceding the month of such Distribution Date (after giving effect to Principal Prepayments in the Prepayment Period related to that prior Due Date).

  • Additional Senior Class Debt has the meaning assigned to such term in Section 5.13.

  • Group I Senior Principal Distribution Amount For any Distribution Date, an amount equal to the sum of (a) the Group I Senior Percentage of the Principal Payment Amount for Loan Group I, (b) the Group I Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group I and (c) the Group I Senior Liquidation Amount.

  • Group B means educational improvements for pupils in