Group 9 Certificates. As specified in the Preliminary Statement.
Group 9 Certificates. The Class 9-A-1, Class 9-A-2, Class 9-A-3, Class 9-A-4, Class 9-M-1, Class 9-M-2, Class 9-M-3 and Class 9-X Certificates. Group 9 Optimal Interest Remittance Amount: For any Distribution Date and Loan Group 9A and Loan Group 9B, the excess of (i) the product of (1) (x) the weighted average of the Net Mortgage Rates of the Mortgage Loans in such Loan Group as of the first day of the related Collection Period divided by (y) 12 and (2) the Aggregate Collateral Balance for the immediately preceding Distribution Date (excluding any such Mortgage Loans that were subject to a Payoff, the principal of which was distributed on the Distribution Date preceding the current Distribution Date), over (ii) any expenses that reduce the Interest Remittance Amount that did not arise as a result of a default or delinquency of the Mortgage Loans in such Loan Group or were not taken into account in computing the Expense Fee Rate.
Group 9 Certificates. The Classes designated as such in the table in Section 3.01 hereof.
Examples of Group 9 Certificates in a sentence
In the event that, as to any Trust MBS, there shall be a Default Under the MBS Trust Indenture or an Event of Default Under the MBS Trust Indenture, the Holders of Group 9 Certificates may, in the event that the Trustee shall not take any such action on their behalf, give such notice and take such action as certificateholders under such MBS Trust Indenture shall be permitted to take in respect thereof.
More Definitions of Group 9 Certificates
Group 9 Certificates. The Class 28-S Certificates and the Classes of Certificates specified in Section 3.02 under the heading “Group 9 Distribution Amount”.