Group 7 Certificates definition

Group 7 Certificates. As specified in the Preliminary Statement.
Group 7 Certificates. The Class 7A1 Certificates. The Group 7 Certificates are related to Loan Group 7.
Group 7 Certificates. The Class 7-A-1, Class 7-A-2, Class 7-A-3 and Class 7-A-4 Certificates, and to the extent derived from payments from Loan Group 7, the Class C-X and Class C-P Certificates.

Examples of Group 7 Certificates in a sentence

  • The term loan is secured by all tangible and intangible assets of the Company.

  • With respect to any Mortgage Loan related to the Group 7 Certificates, a Servicer of such Mortgage Loans may (but is not obligated to) enter into a special servicing agreement with an unaffiliated Holder of a 100% Percentage Interest of the Class 7-X Certificates.

  • Group 7 Certificates The Class 7-A-1, Class 7-A-2, Class 7-A-3, Class 7-A-4, Class 7-A-5 and Class 7-A-6 Certificates.

  • If the proceeds with respect to the Group 7 Mortgage Loans are not sufficient to pay all of the Group 7 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 7 Senior Certificates on a pro rata basis.

  • Amounts on deposit in the Group 7 Basis Risk Reserve Fund can be withdrawn by the Trust Administrator in connection with any Distribution Date to fund the amounts required to be distributed to holders of the Group 7 Certificates (other than the Class 7-X Certificates) in respect of any Basis Risk Shortfalls.

  • The Group 7 Certificates (exclusive of the right of such Certificates to receive Cap Carryover Amounts) and the Class 7-CE Certificates shall constitute "regular interests" in the Group 7 Upper-Tier REMIC.

  • Any Applied Loss Amount with respect to the Group 7 Certificates allocated to a Class of Group 7 Subordinate Certificates shall be allocated among the Group 7 Subordinate Certificates of such Class in proportion to their respective Percentage Interests.

  • Any Applied Loss Amount with respect to the Group 7 Certificates allocated to a Class of Group 7 Subordinate Certificates, Class 7-A-1-2 Certificates or Class 7-A-4 Certificates shall be allocated among the Group 7 Subordinate Certificates of such Class or the Class 7-A-1-2 Certificates or Class 7-A-4 Certificates, as applicable, in proportion to their respective Percentage Interests.

  • Group 4 Certificates The Class 4-A-1 Certificates Group 5 Certificates The Class 5-A-1 and Class 5-A-2 Certificates Group 6 Certificates The Class 6-A-1 and Class 6-A-2 Certificates Group 7 Certificates The Class 7-A-1 Certificates Group 8 Certificates The Class 8-A-1 Certificates Group D-B Certificates The Class D-B-1, Class D-B-2, Class D-B-3, Class D-B-4, Class D-B-5, Class D-B-6 and Class D-B-7 Certificates.

  • For any Distribution Date on which there is a payment under the Group 7 Interest Rate Cap Agreement based on a notional balance in excess of the Class Principal Balance of the Group 7 Certificates, the amount representing such excess payment shall not be an asset of the Trust and, instead, shall be paid into and distributed out of a separate trust created by this Agreement for the benefit of the Group 7 Certificates and shall be distributed to the Group 7 Certificates pursuant to Section 4.01(II)(d)(vi).


More Definitions of Group 7 Certificates

Group 7 Certificates. The Group 7 Senior Certificates, the Class M Certificates, the Class 7-CE Certificates, the Class 7-R Certificates and the Class 7-LR Certificates.
Group 7 Certificates. The Class 7-A-1 Certificates, which represent the corresponding Shifting Interest Upper-Tier Regular Interest for purposes of the REMIC Provisions.
Group 7 Certificates. The Class 42-W Certificates.
Group 7 Certificates. The Classes designated as such in the table in Section 3.01 hereof.

Related to Group 7 Certificates

  • Group 4 Certificates As specified in the Preliminary Statement.

  • Group 3 Certificates As specified in the Preliminary Statement.

  • Group 2 Certificates As specified in the Preliminary Statement.

  • Group 1 Certificates As specified in the Preliminary Statement.

  • Class B-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class B-5 Certificates The Certificates designated as “Class B-5” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class B-4 Certificates The Certificates designated as “Class B-4” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class B-2 Certificates All Certificates bearing the class designation of "Class B-2".

  • Class B-1 Certificates All Certificates bearing the class designation of "Class B-1".

  • Group 2 Certificate Any Class A-2 Certificate.

  • Class B-3 Certificates All Certificates bearing the class designation of "Class B-3".

  • Class B-4 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-4 and Exhibit C hereto. Class B-4 Certificateholder: The registered holder of a Class B-4 Certificate.

  • Class A-1 Certificates All Certificates bearing the class designation of "Class A-1".

  • Class B-5 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-5 and Exhibit C hereto. Class B-5 Certificateholder: The registered holder of a Class B-5 Certificate.

  • Class A-2 Certificates All Certificates bearing the class designation of "Class A-2".

  • Class B-6 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-6 and Exhibit C hereto. Class B-6 Certificateholder: The registered holder of a Class B-6 Certificate.

  • Group 1 Certificate Any Class A-1 or Class A-R Certificate.

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

  • Group III Certificates The Group III-A Certificates.

  • Class A-6 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-6 and Exhibit C hereto.

  • Class A-7 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-7 and Exhibit C hereto.

  • Group I Certificates The Class A-1 Certificates.

  • Class M Certificates Any of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-6 Certificates.

  • Class A-3 Certificates All Certificates bearing the class designation of "Class A-3".

  • Group II Certificates The Class A-2A, Class A-2B, Class A-2C and Class A-2D Certificates.

  • COFI Certificates As specified in the Preliminary Statement.