Group 5 Senior definition

Group 5 Senior. Certificates: Class 5-A-1 and Class 5-A-2 Certificates.
Group 5 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 Current Principal Amount of the Group 5 Senior Certificates immediately preceding such Distribution Date by the aggregate Scheduled Principal Balance of the Group 5 Mortgage Loans as of the beginning of the related Due Period.
Group 5 Senior. Certificates: Class 5-A-1, Class 5-A-2, Class 5-A-3, Class 5-A-4, Class 5-A-5, Class 5-A-6 and Class 5-IO Certificates.

Examples of Group 5 Senior in a sentence

  • 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 5 Senior Certificates immediately preceding such Distribution Date by the aggregate Scheduled Principal Balance of the Group 5 Mortgage Loans as of the beginning of the related Due Period.

  • The Group 1 Senior Certificates, the Group 2 Senior Certificates, the Group 3 Senior Certificates, the Group 4 Senior Certificates or the Group 5 Senior Certificates, as applicable.

  • With respect to the Pass-Through Loan Groups, the Group 1, Group 2, Group 3 and Group 4 Certificates, and with respect to the Floater Loan Group, the Group 5 Senior Certificates.

  • If on any Distribution Date the allocation to the Group 4-A or Group 5-A Certificates of Principal Prepayments in the percentage required would reduce the aggregate Class Principal Balance of such Certificates below zero, the Group 4 Senior Prepayment Percentage or the Group 5 Senior Prepayment Percentage, as applicable, for such Distribution Date shall be limited to the percentage necessary to reduce such aggregate Class Principal Balance to zero.

  • She has rich experience in the areas of treasury, accounting, taxation, strategy, commercial finance, M&A, secretarial and corporate governance.

  • Although our review of the record has given us pause, we decline to reject the masters’ finding that the judge did not act for a corrupt purpose in deference to the special weight to which the credibility findings of the special masters are entitled.Commission decisions cited by the examiner do not convince us to reject the masters’ conclusion that Judge Petrucelli did not act in bad faith.

  • As to any Distribution Date, the aggregate, for each Mortgage Loan in Loan Group 5 which became a Liquidated Mortgage Loan during the prior calendar month, of the lesser of (i) the Group 5 Senior Percentage of the Stated Principal Balance of such Mortgage Loan and (ii) the applicable Senior Prepayment Percentage of the Liquidation Principal with respect to such Mortgage Loan.

  • Group 1 Senior Certificates, Group 2 Senior Certificates, Group 3 Senior Certificates, Group 4 Senior Certificates and Group 5 Senior Certificates, as applicable.

  • The Group 1 Senior Certificates, the Group 2 Senior Certificates, the Group 3 Senior Certificates, the Group 4 Senior Certificates, the Group 5 Senior Certificates and the Group 6 Senior Certificates, as applicable.

  • On any Distribution Date, the lesser of (i) 100% and (ii) the percentage obtained by dividing the aggregate Current Principal Amounts of all the Group 5 Senior P&I Certificates immediately preceding such Distribution Date by the aggregate Scheduled Principal Balance of the Mortgage Loans (other than the PO Percentage) in the related Mortgage Loan Group immediately preceding such Distribution Date.


More Definitions of Group 5 Senior

Group 5 Senior. Percentage: Initially, 94.10
Group 5 Senior. Percentage: Initially, 93.00%. 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 5 Senior Certificates immediately preceding such Distribution Date by the aggregate Scheduled Principal Balance of the Group 5 Mortgage Loans as of the beginning of the related Due Period. Group 6 Senior Percentage: Initially, 93.00%. 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 6 Senior Certificates immediately preceding such Distribution Date by the aggregate Scheduled Principal Balance of the Group 6 Mortgage Loans as of the beginning of the related Due Period.
Group 5 Senior. CERTIFICATES: The Class V-A Certificates.
Group 5 Senior. CERTIFICATES: The Class V-A Certificates. GROUP 1 SENIOR OPTIMAL PRINCIPAL AMOUNT, GROUP 2 SENIOR OPTIMAL PRINCIPAL AMOUNT, GROUP 3 SENIOR OPTIMAL PRINCIPAL AMOUNT , GROUP 4 SENIOR OPTIMAL PRINCIPAL AMOUNT or GROUP 5 SENIOR OPTIMAL PRINCIPAL AMOUNT: As to any Distribution Date, an amount equal to the sum, without duplication, of:

Related to Group 5 Senior

  • Group 4 All of the Group 4 Certificates.

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

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

  • Group 3 All of the Group 3 Certificates.

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

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

  • Group 2 All of the Group 2 Certificates.

  • Group 1 All of the Group 1 Certificates.

  • Super Senior Certificates As specified in the Preliminary Statement.

  • Group I The pool of Mortgage Loans identified in the related Schedules of Mortgage Loans as having been assigned to Group I, including any Qualified Replacement Mortgages delivered in replacement thereof and each Subsequent Mortgage Loan delivered to the Trust for inclusion therein.

  • Group II The pool of Mortgage Loans identified in the related Schedules of Mortgage Loans as having been assigned to Group II, including any Qualified Replacement Mortgages delivered in replacement thereof and each Subsequent Mortgage Loan delivered to the Trust for inclusion therein.

  • Group B means educational improvements for pupils in

  • Group A means educational programs for career exploration, a

  • 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.

  • Senior Certificates As specified in the Preliminary Statement.

  • 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.

  • Loan Group 4 The Group 4 Mortgage Loans.

  • 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.

  • 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 4 Certificates As specified in the Preliminary Statement.

  • Group 3 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 3 Mortgage Loans.

  • Senior Certificate As defined in the Series Supplement.