Group 5 Subordinate Certificates definition

Group 5 Subordinate Certificates. As specified in the Preliminary Statement.

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

Group 5 Subordinate Certificates. As set forth in the Preliminary Statement. IndyMac: IndyMac Bank, F.S.B. and its successors and assigns.

Examples of Group 5 Subordinate Certificates in a sentence

• Any Applied Loss Amount with respect to the Group 5 Certificates allocated to a Class of Group 5 Subordinate Certificates shall be allocated among the Group 5 Subordinate Certificates of such Class in proportion to their respective Percentage Interests.

• With respect to the Pass-Through Loan Groups, the Class C-B Certificates, and with respect to the Floater Loan Group, the Group 5 Subordinate Certificates.

• The Applied Loss Amount with respect to the Group 5 Certificates for any Distribution Date shall be applied by reducing the Class Principal Balance of each Class of Group 5 Subordinate Certificates beginning with the Class of Group 5 Subordinate Certificates then outstanding, other than the Class 5-X Certificates, with the lowest relative payment priority, in each case until the respective Class Principal Balance thereof is reduced to zero.

More Definitions of Group 5 Subordinate Certificates

Group 5 Subordinate Certificates. The Class M Certificates and the Class 5-X Certificates. Index: With respect to any Mortgage Loan and each related Adjustment Date, the index as specified in the related Mortgage Note.

Group 5 Subordinate Certificates. As set forth in the Preliminary Statement. Index: With respect to any Mortgage Loan and each related Adjustment Date, the index as specified in the related Mortgage Note. Indirect Participants: Entities, such as banks, brokers, dealers and trust companies, that clear through or maintain a custodial relationship with a Participant, either directly or indirectly.