Group II Certificate definition

Group II Certificate. Any of the Class A-2A Certificates, Class A-2B Certificates, Class A-2C Certificates or Class A-2D Certificates.

Group II Certificate. Any Class IIA-1, Class IIA-2 or Class IIA-3 Certificate.

Group II Certificate. Any one of the Class II-A-1 Certificates and the Class II-A-2 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 evidencing an interest designated as a "regular interest" in REMIC II for purposes of the REMIC Provisions and representing an undivided interest in Loan Group II.

Examples of Group II Certificate in a sentence

• Thus, each Group II Certificate (other than the Class II-P Certificates and Class II-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.

• Amounts in respect of such price shall be delivered to the Servicer for deposit to the Group II Certificate Account.

• For purposes of the REMIC Provisions, each Group II Certificate (other than the Class II-P, Class II-A-LR and Class II-A-UR Certificates, the Exchangeable Certificates and the Exchangeable REMIC Certificates) and the Uncertificated REMIC Intereststs represent ownership of a regular interest in Master REMIC II.

• Following the Cross-Over Date, the interest portion of Realized Losses on the Group II Mortgage Loans will be allocated to the Group II Senior Certificates in the related Group II Certificate Group on a pro rata basis in proportion to the amount of Accrued Certificate Interest that would have been allocated thereto in the absence of such Realized Losses.

• All reductions in the Certificate Principal Balance of a Group II Certificate effected by distributions of principal or allocations of Realized Losses with respect to the related Group II 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.

More Definitions of Group II Certificate

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 II Certificate. Any of the Class AV-1 and Class AV-2 Certificates.

Group II Certificate. Any of the Class AV-1, Class MV-1, Class MV-2, Class BV-1 and Class PV-1 Certificates.

Group II Certificate. Any one of the Class II-A-1, Class II-A-2, Class II-A-3, Class II-A-P, Class II-A-V and Class R-II 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 II-A-V and Class R-II 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 II.

Group II Certificate. Any of the Class A-6 Certificates.

Group II Certificate. Any one of the Class II A-1 Certificates, Class -------------------- II B-1 Certificates, Class II B-2 Certificates or Class II B-3 Certificates.

Group II Certificate. Any Class R-II, Class 2-A1, Class 2-A2, Class 3-A1, Class 3-A2, Class 3-AX, Class B1-II, Class B2-II, Class B3-II, Class B4-II, Class B5-II and Class B6-II Certificates. The Group II Certificates are related to Pool 2 and Pool 3.