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Amounts on deposit in the Group 7 Basis Risk Reserve Fund can be withdrawn by the Trust Administrator in connection with any Distribution Date to fund the amounts required to be distributed to holders of the Group 7 Certificates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).