Examples of Group I Subordinate Certificates in a sentence
For example, after discussing the application of Subsequent Recoveries to increase the Certificate Principal Balance of Subordinate Certificates, Section 6.03(a) of the BALTA 2006-3 Governing Agreement provides that:Notwithstanding the forgoing, any Subsequent Recoveries will be allocated to the Group I Senior Certificates to the extent of any Applied Realized Loss Amounts before being applied to the Group I Subordinate Certificates.
The Group I Senior Certificates, Group I Subordinate Certificates, Class I-P Certificates and Class I-R Certificates.