Group 3 Senior Certificates definition

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

Group 3 Senior Certificates. The Class III-A Certificates.

Group 3 Senior Certificates. The Class 3-A-1, Class 3-A-2, Class 3-A-3 and Class 3-A-4 Certificates.

Examples of Group 3 Senior Certificates in a sentence

• 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.

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

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

• If the proceeds with respect to the Group 3 Mortgage Loans are not sufficient to pay all of the Group 3 Senior 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.

• Group 3 Senior Certificates and the portions of the Subordinated Certificates related to Loan Group 3.

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

• 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 3 Senior Certificates immediately preceding such Distribution Date by the aggregate Scheduled Principal Balance of the Group 3 Mortgage Loans as of the beginning of the related Due Period.

• Group 1 Senior Certificates, Group 2 Senior Certificates, Group 3 Senior Certificates and Group 4 Senior Certificates.

• The Group 1 Senior Certificates, Group 2 Senior Certificates and Group 3 Senior Certificates.

More Definitions of Group 3 Senior Certificates

Group 3 Senior Certificates. As specified in the Preliminary Statement. Index: Not applicable.

Group 3 Senior Certificates. The Class 3-A and Class 3-X Certificates and Component P-3.

Group 3 Senior Certificates. The Class III-A Certificates. GROUP 1 SENIOR OPTIMAL PRINCIPAL AMOUNT, GROUP 2 SENIOR OPTIMAL PRINCIPAL AMOUNT OR GROUP 3 SENIOR OPTIMAL PRINCIPAL AMOUNT: As to any Distribution Date, an amount equal to the sum, without duplication, of:

Group 3 Senior Certificates. The Class 3-A-1, Class 3-A-2, Class 3-A-3, Class 3-A-4, Class 3-A-5, Class 3-X, Component 3-PO and Class R-3

Group 3 Senior Certificates. As specified in the Preliminary Statement. Group 3 Weighted Average Initial Adjustment Date: June 2005.

Group 3 Senior Certificates. The Group 3 Class A Certificates, the Class 3R Certificates and the Class 3 Interest Only Certificates.