Examples of Group I Class A Certificates in a sentence
Interest on the amount in clause (ii) at the related Group I Class A Certificates Pass-Through Rate (without regard to the Loan Group I Cap or WAC Cap).
This certification is being made in pursuant to the terms of the Pooling and Servicing, dated as of July 1, 2004, the ("Agreement"), among New Century Mortgage Securities, Inc., as depositor, Countrywide Home Loans Servicing LP and GMAC Mortgage Corporation, as servicers, Federal National Mortgage Association as guarantor with respect to the Group I Class A Certificates and Deutsche Bank National Trust Company, as trustee.
Group I Class A Certificates Pass-Through Rate: The Class A-1ss and A-1mz Certificates will accrue interest at a variable rate equal to the least of (i) one-month LIBOR plus [] bps ([] bps after the first distribution date on which the Optional Clean-up Call is exercisable), (ii) the Loan Group I Cap and (iii) the WAC Cap.
Rural non-farm activities represent opportunities for tapping the youth’s entrepreneurial capabilities, which for the most part have been underutilized, but have the ability to reduce rural unemployment, create opportunities for the landless to earn an income, help raise economic growth in rural areas and enhance rural people’saccess to basic services and amenities such as water, electricity, household consumer goods, agricultural inputs etc.
The Group I Class A Certificates, the Group II Class A Certificates, the Group III Class A Certificates, each of the Mezzanine Certificates, the Class CE Certificates and the Class P Certificates (other than the right to receive amounts, if any, from the Net WAC Rate Carryover Reserve Accounts) shall be designated as the Regular Interests in REMIC III and the Class R-III Interest shall be designated as the Residual Interest in REMIC III.
Any payments of principal to the Group I Class A Certificates will be made first from payments relating to the Group I Mortgage Loans, and any payments of principal to the Group II Class A Certificates will be made first from payments relating to the Group II Mortgage Loans.
For the first 36 Distribution Dates, any principal distributions allocated to the Group I Class A Certificates will be distributed sequentially, first to the Class A-1 Certificates, until their Class Certificate Balance has been reduced to zero, and then to the Class A-2 Certificates, until their Class Certificate Balance has been reduced to zero.
The subject will be asked to perform tasks such as walking, running and gesturing.
All capitalized terms not otherwise defined in this Request for Release shall have the meanings given them in the Pooling and Servicing Agreement, dated as of July 1, 2004, among the Trustee, the Depositor, the Guarantor with respect to the Group I Class A Certificates and the Servicers (the "Pooling and Servicing Agreement").
Any such distributions in respect of the Group I Class A Certificates will be distributed to such Classes in the manner provided in the first subparagraph of this subsection.