Group 3 Certificates definition

Group 3 Certificates. As specified in the Preliminary Statement.
Group 3 Certificates. The Class 3A1 and Class 3A2 Certificates. The Group 3 Certificates are related to Loan Group 3.
Group 3 Certificates. The Class 3-A-1, Class 3-A-2, Class 3-A-3 and Class 3-A-4 Certificates.

Examples of Group 3 Certificates in a sentence

  • Group 3 Certificates The Class 3-A-1 and Class 3-A-2 Certificates.

  • If the proceeds with respect to the Group 3 Mortgage Loans are not sufficient to pay all of the Group 3 Certificates in full, any such deficiency will be allocated first, to the Subordinate Certificates, in inverse order of their numerical designation, and then to the Group 3 Senior Certificates on a pro rata basis.

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

  • The Trust, as payment of the purchase price of the Mortgage Pool Assets, shall, on the Closing Date, (i) issue the REMIC I Regular Interests, the Class R-1 Residual Interest and the Class R-2 Residual Interest to the Company and (ii) issue the Group 3 Certificates to the Company or the Company’s designee in Authorized Denominations.

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


More Definitions of Group 3 Certificates

Group 3 Certificates. The Group 3-A Certificates.
Group 3 Certificates. The Group 3-A and Group 3-B Certificates. Group 3 Clean-Up Call Option Date: The date on which the aggregate principal balance of the Group 3 Loans has been reduced to less than the Group 3 Clean-Up Call Percentage of that balance as of the Cut-Off Date. Group 3 Clean-Up Call Percentage: 10%.
Group 3 Certificates. The Class AV-2, Class AV-3, Class AV-4 and Class AV-5 Certificates.
Group 3 Certificates. The Certificates related to the Group 3 Loans.
Group 3 Certificates. The Class 3-A-1, Class 3-A-2 and Class 3-A-3 Certificates, each of which represents the corresponding Shifting Interest Upper-Tier Regular Interest for purposes of the REMIC Provisions.
Group 3 Certificates. The Group 3 Senior Certificates, the Class M Certificates, the Class 3-B Certificates, the Class 3-CE Certificates and the Class 3-P Certificates.