Group 8 Senior Certificates. As specified in the Preliminary Statement.
Group 8 Senior Certificates. The Group 8A Senior Certificates and Group 8B Senior Certificates. Group 8 Senior Enhancement Percentage: For any Distribution Date, the fraction, expressed as a percentage, the numerator of which is the sum of the aggregate Class Principal Balance of the Class M Certificates and the Overcollateralization Amount (which, for purposes of this definition only, shall not be less than zero), in each case after giving effect to payments on such Distribution Date (assuming no Trigger Event has occurred), and the denominator of which is the Aggregate Group 8 Collateral Balance for such Distribution Date.
Group 8 Senior Certificates. Class 8-A-1 and Class 8-IO Certificates.
Examples of Group 8 Senior Certificates in a sentence
If the proceeds with respect to the Group 8 Mortgage Loans are not sufficient to pay all of the Group 8 Senior Certificates in full, any such deficiency will be allocated first, to the Subordinate Certificates, in inverse order of their numerical designation, then to the Senior Mezzanine Certificates, and then to the Group 8 Senior Certificates on a pro rata basis.
Group 8 Senior Certificates The Class 8-A-1 and Class 8-A-2 Certificates.
Group 8 Certificates The Group 8 Senior Certificates and Group 8 Subordinate Certificates.
More Definitions of Group 8 Senior Certificates
Group 8 Senior Certificates. As specified in the Preliminary Statement. Holder: The registered owner of any Certificate as recorded on the books of the Certificate Registrar except that, solely for the purposes of taking any action or giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor, the Trustee, the Master Servicer, the Securities Administrator and any Servicer, or any Affiliate thereof shall be deemed not to be outstanding in determining whether the requisite percentage necessary to effect any such consent has been obtained, except that, in determining whether the Trustee or the Securities Administrator shall be protected in relying upon any such consent, only Certificates that a Responsible Officer of the Trustee or the Securities Administrator, respectively, knows to be so owned shall be disregarded. The Trustee or the Securities Administrator may request and conclusively rely on certifications by the Depositor, the Master Servicer, the Securities Administrator or any Servicer in determining whether any Certificates are registered to an Affiliate of the Depositor, the Master Servicer, the Securities Administrator or any Servicer.