Group I Certificate definition

Group I Certificate. Any Class A-1A Certificate.

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Group I Certificate. Any of the Class AF-1, Class "Group II Certificate": Any of the Class AV-1, AF-2, Class AF-3, Class AF-4, Class AF-5, Class AF-6, Class MV-1, Class MV-2, Class BV-1, Class BV-2 and Class MF-1, Class MF-2, Class BF-1, Class BF-2 and Class Class BV-3 Certificates. BF-3 Certificates.

Group I Certificate. Any Class IA-1, Class IA-2, Class IA-3, Class IA-4 or Class IA-5 Certificate, the A-X1(I) Component of the Class A-X1 Certificates or the A-P(I) Component of the Class A-P Certificates.

Examples of Group I Certificate in a sentence

Any such increases shall be applied to the Certificate Principal Balance of each Group I Certificate of such Class in accordance with its respective Fractional Undivided Interest.
Thus, each Group I Certificate (other than the Class I-P Certificates and Class I-R Certificates) shall be treated as representing not only ownership of a Regular Interest in REMIC IV, but also ownership of an interest in, and obligations with respect to, a notional principal contract.
All reductions in the Group I Certificate Principal Balance of a Certificate effected by distributions of principal or allocations of Realized Losses with respect to Group I Loans made on any Distribution Date shall be binding upon all Holders of such Certificate and of any Certificate issued upon the registration of transfer or exchange therefor or in lieu thereof, whether or not such distribution is noted on such Certificate.
The Master Servicer shall (to the extent provided in the applicable Servicing Agreement) cause the related Servicer to prepare and present on behalf of the Trustee, the Certificateholders and the Group I Certificate Insurer all claims under the Insurance Policies and take such actions (including the negotiation, settlement, compromise or enforcement of the insured’s claim) as shall be necessary to realize recovery under such policies.
Upon discovery by any of the Depositor, the Group I Certificate Insurer, the Transferor, the Master Servicer, the Trust Administrator or the Custodian of a breach of a representation or warranty made by the Transferor pursuant to this Section 2.03 that materially and adversely affects the interests of the Certificateholders or the Group I Certificate Insurer in any Mortgage Loan, the party discovering such breach shall give prompt notice thereof to the other parties and the Trustee.

More Definitions of Group I Certificate

Group I Certificate. Any one of the Class I-A Certificates and the Class R Certificates, executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed to the Standard Terms as Exhibit A and Exhibit D, each such Certificate (other than the Class R Certificates) representing an interest designated as a "regular interest" in REMIC II for purposes of the REMIC Provisions, and representing an undivided interest in Loan Group I.

Group I Certificate. Any one of the Class I A-1 Certificates, Class I A-2 Certificates, Class I A-3 Certificates, Class I A-4 Certificates, Class I A-5 Certificates, Class I M-1 Certificates, Class I B-1 Certificates or Class I B-2 Certificates.

Group I Certificate. Any of the Class AF-1, Class AF-2, Class AF-3, Class AF-4, Class AF-5 and Class AF-6 Certificates.

Group I Certificate. Any of the Class A-1, Class A-2, Class A-3, Class A-4 and Class A-5 Certificates.

Group I Certificate. Any one of the Class I-A-1, Class I-A-2, Class I-A-3, Class I-A-P and Class I-A-V Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed to the Standard Terms as Exhibit A, each such Certificate (other than the Class I-A-V Certificates) evidencing an interest designated as a "regular interest" in REMIC III for purposes of the REMIC Provisions and representing an undivided interest in Loan Group I.

Group I Certificate. Insurer Fee Rate: 0.050% per annum.

Group I Certificate. Any of the Class AF-1, Class AF-2, Class AF-3, Class AF-4, Class AF-5, Class AF-6, Class MF-1, Class MF-2, Class BF-1 and Class PF-1 Certificates.