Group A Certificates definition

Group A Certificates. The Class A-1A Certificates.
Group A Certificates. The Class A-1A, Class M-1A, Class M-2A and Class B-1A Certificates.
Group A Certificates. The Class A-16, Class A-17, Class A-18 and Class A-19 Certificates.

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").


More Definitions of Group A Certificates

Group A Certificates. The Group A Senior Certificates and the Group A Subordinate Certificates.
Group A Certificates. Collectively, the Class A-6, Class A-8 and PAC Certificates.
Group A Certificates. The Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6, Class A-7, Class A-8, Class A-9, Class A-10, Class A-11, Class A-12, Class A-R, Class A-P and Class A-X Certificates. Holder or Certificateholder: The registered owner of any Certificate or Uncertificated Interest 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 shall be protected in relying upon any such consent, only Certificates which a Responsible Officer of the Trustee knows to be so owned shall be disregarded. The Trustee 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. HUD: The United States Department of Housing and Urban Development, or any successor thereto.

Related to Group A Certificates