Group 1 Subordinate Certificates definition

Group 1 Subordinate Certificates. The Class 1-B1 Certificates, the Class 1-B2 Certificates, the Class 1-B3 Certificates, the Class 1-B4 Certificates, the Class 1-B5 Certificates and the Class 1-B6 Certificates.

Group 1 Subordinate Certificates. As set forth in the Preliminary Statement.

Group 1 Subordinate Certificates. The Class 1-B-1, Class 1-B-2, Class 1-B-3, Class 1-B-4, Class 1-B-5 and Class 1-B-6 Certificates.

Examples of Group 1 Subordinate Certificates in a sentence

• Subordinate Certificates The Group 1 Subordinate Certificates and Group 2 Subordinate Certificates.

• Group 1 Subordinate Certificates The Group 1 Mezzanine Certificates and the Class 1-C Certificates.

• Subordinate Certificates The Group 1 Subordinate Certificates and Group D-B Certificates.

• The Group 1 Senior, Group 1 Mezzanine and Group 1 Subordinate Certificates.

• For any Distribution Date, the excess, if any, of (i) the Subsequent Recoveries for such Distribution Date for Loan Group 1 over (ii) the amount by which the Class Principal Balance of the Group 1 Subordinate Certificates with the lowest priority is increased in respect of Subsequent Recoveries for such Loan Group on such Distribution Date pursuant to the definition of “Class Principal Balance” herein.

• The Applied Loss Amount for any Distribution Date shall be applied by reducing the Class Principal Balance of each Class of Group 1 Subordinate Certificates (other than the Class X Certificates) beginning with the Class of Group 1 Subordinate Certificates then outstanding with the lowest relative payment priority, in each case until the respective Class Principal Balance thereof is reduced to zero.

• For purposes hereof, a Realized Loss experienced by Collateral Group 1 shall relate to each Class of Group 1 Subordinate Certificates and a Realized Loss experienced by Collateral Group 2, 3, 4, 5 or 6 shall relate to each Class of Group 2-6 Subordinate Certificates.

• The Group 1 Senior Certificates and the Group 1 Subordinate Certificates.

• Group 1 Subordinate Certificates: The Group 1 Senior Subordinate Certificates and Group 1 Junior Subordinate Certificates.

• Distributions on the Group 1 Subordinate Certificates will be derived from the Group 1 Mortgage Loans.

More Definitions of Group 1 Subordinate Certificates

Group 1 Subordinate Certificates. The Class MF-1, Class MF-2, Class BF-1 and Class BF-2

Group 1 Subordinate Certificates. Any of the Class 1M, Class 1B1, Class 1B2, Class 1B3, Class 1B4, Class 1B5 and Class 1B6 Certificates.

Group 1 Subordinate Certificates. The Group 1 Class B Certificates.

Group 1 Subordinate Certificates. Collectively, the Class 1-M1, Class 1-M2, Class 1-M3, Class 1-M4 and Class 1-M5 Certificates. Group 2 Subordinate Certificates: Collectively, the Class 2-M1, Class 2-M2, Class 2-M3, Class 2-M4 and Class 2-M5 Certificates. Holder or Certificateholder: The registered owner of any Certificate as recorded on the books of the Certificate Registrar except that, solely for the purposes of taking any action or giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor, the Trustee, the Master Servicer, the Securities Administrator, any Servicer or the Credit Risk Manager or any Affiliate thereof shall be deemed not to be outstanding in determining whether the requisite percentage necessary to effect any such consent has been obtained, except that, in determining whether the Trustee shall be protected in relying upon any such consent, only Certificates which a Responsible Officer of the Trustee knows to be so owned shall be disregarded. The Trustee and any NIMS Insurer may request and conclusively rely on certifications by the Depositor, the Master Servicer, the Securities Administrator, the applicable Servicer or the Credit Risk Manager in determining whether any Certificates are registered to an Affiliate of the Depositor, the Master Servicer, the Securities Administrator, any Servicer or the Credit Risk Manager. After a Section 7.01(c) Purchase Event, other than in Sections 5.02(b) through (j) and 11.03(a) and (b) and, except in the case of the Class LT-R Certificates, Sections 3.03, 3.04, 3.05, 3.06, 3.07 and 3.09 herein, all references in this Agreement to “Holder” or “Certificateholder” shall be deemed to be references to the LTURI-holder, as recorded on the books of the Certificate Registrar, as holder of the Lower Tier Uncertificated REMIC 1 Regular Interests.

Group 1 Subordinate Certificates. The Group 1 Mezzanine Certificates and the Class 1-CE Certificates.