Examples of Group A Certificates in a sentence
Neither the Trustee nor the Trust Administrator shall permit the creation of any "interests" in REMIC I-A or REMIC II-A (within the meaning of Section 860G of the Code) other than the REMIC I-A Regular Interests, the Group A Certificates and the interests represented by the Group A Certificates.
Commencing on the 37th Distribution Date, and so long as a Trigger Event has not occurred, principal payments will be allocated concurrently to classes of all rating levels such that the credit enhancement level at each rating is double or 2.5 times the initial credit enhancement for the Group F and Group A Certificates, respectively at that rating.
For the purposes of the REMIC election in respect of REMIC II-A, the Group A Certificates (other than the Class A-R Certificates) shall be designated as the Regular Interests in REMIC II-A and the Class R-IIA Interest shall be designated as the Residual Interests in REMIC II-A.
Loan Group A: 1) To the Custodian and Trustee, the related fees and to the Insurer, the premium payable on the Group A Certificates; 2) To the Group A Certificates, the related interest due; 3) The remaining amount pursuant to clause C.
Loan Group A Cap: A per annum rate equal to (i) the weighted average gross rate of the Loan Group A Mortgage Loans less servicing and trustee fee rates; minus (ii) the insurer premium payable to the Insurer on the Group A Certificates.
Certificates Offered: The "Senior Certificates" (or the "Class A Certificates") will consist of (i) the Class A-1F and Class IOF Certificates (the "Group F Certificates") and (ii) the Class A-1A Certificates (the "Group A Certificates").
Group A Principal Distribution Amount: As to any Distribution Date, the lesser of (i) the greater of (a) the Group A Percentage of the Senior Principal Distribution Amount and (b) the excess, if any, of the balance of the Group A Certificates prior to such Distribution Date over the sum of the balance of the Loan Group A Mortgage Loans and the related Pre-Funded Amount (if any) as of the end of the related due period and (ii) the Senior Principal Distribution Amount.
Consists of the Target OC, assuming a Trigger Event is not in effect Cross- Excess interest collections on the Group F loans will be collateralization: available to build OC and cover certain shortfalls on the Group A Certificates, while excess interest collections on the Group A loans will be available to build OC and cover certain shortfalls on the Group F Certificates.
Allocation of Senior Principal Distribution Amount: The Group A Principal Distribution Amount will be distributed to the Group A Certificates, while the Group F Principal Distribution Amount will be distributed to the Group F Certificates.
Certificates Offered: The "Senior Certificates" (or the "Class A Certificates") will consist of (i) the Class A-1F, A-2F, A-3F, A-4F, A-5F, A-6F and Class IOF Certificates (the "Group F Certificates") and (ii) the Class A-1A Certificates (the "Group A Certificates").