Group II Certificate Principal Balance definition

Group II Certificate Principal Balance. For any date of determination, the sum of the Class IIA-1 Certificate Principal Balance, the Class IIA-2 Certificate Principal Balance, the Class IIM-1 Certificate Principal Balance, the Class IIM-2 Certificate Principal Balance, the Class IIB Certificate Principal Balance and the Class C Group II Certificate Principal Balance, in each case as of such date of determination.

Group II Certificate Principal Balance. The sum of the Class IIA-1 Certificate Principal Balance, Class IIM-1 Certificate Principal Balance, Class IIM-2 Certificate Principal Balance and the Class IIB Certificate Principal Balance.

Group II Certificate Principal Balance. The sum the Class AF-1, Class AF-2, Class AF-3, Class AF-4, Class of the Class AV-1, Class MV-1, Class MV-2, Class BV-1, AF-5, Class AF-6, Class MF-1, Class MF-2, Class BF-1, Class BV-2 and Class BV-3 Certificate Principal Class BF-2 and Class BF-3 Certificate Principal Balances. Balances.

Examples of Group II Certificate Principal Balance in a sentence

• Notwithstanding clause (v) above, the aggregate amounts distributed on all Distribution Dates to the Holders of the Class A-2 Certificates on account of the Group II Class A Principal Distribution Amount shall not exceed the Original Group II Certificate Principal Balance for the Class A-2 Certificates.

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

• Realized Losses on the Group II Loans for any Distribution Date will first, cause a reduction in Group II Net Monthly Excess Cash Flow for that Distribution Date, second, reduce available Net Swap Payments from the related Swap Providers, if any, for that Distribution Date, and third cause a reduction in the Group II Certificate Principal Balance of the Class II-CE Certificates for that Distribution Date, until the Group II Certificate Principal Balance thereof has been reduced to zero.

• Notwithstanding clause (v) above, the aggregate amounts distributed on all Distribution Dates to the Holders of the Class A-2 Certificates on account of the Group II Class A Principal Distribution Amount shall not exceed the Original Group II Certificate Principal Balance of the Class A-2 Certificates.

• Notwithstanding clause (v) above, the aggregate amounts distributed on all Distribution Dates to the Holders of the Group II Class A Certificates on account of the Group II Class A Principal Distribution Amount shall not exceed the Original Group II Certificate Principal Balance for the Group II Class A Certificates.

More Definitions of Group II Certificate Principal Balance

Group II Certificate Principal Balance. The Class C Group II Certificate Principal Balance will equal the excess of the aggregate principal amount of the Group II Mortgage Loans over the aggregate principal amount of the Group II Certificates.

Group II Certificate Principal Balance. The sum of the Class AV-1, Class MV-1, Class MV-2 and Class BV-1 Certificate Principal Balances.

Group II Certificate Principal Balance. With respect to any Payment Date, the Class A-5 Certificate Principal Balance as of such Payment Date.

Group II Certificate Principal Balance. The Class A-6 Certificate Principal Balance.

Group II Certificate Principal Balance. With respect to any Payment Date, the sum of (i) the Class A-8 Certificate Principal Balance as of such Payment Date and the Class A-9 Certificate Principal Balance as of such Payment Date.

Group II Certificate Principal Balance. As of any date of determination, the aggregate Certificate Principal Balances of all Group II Certificates.

Group II Certificate Principal Balance. As of any date of determination, the Original Certificate Principal Balance of the Class A-2 Certificates less any amounts actually distributed as part of the Class A-2 Distribution Amount pursuant to Section 7.5 hereof made with respect to principal thereon on all prior Payment Dates; provided, that, this amount is exclusive of Insured Payments for the sole purpose of effecting the Certificate Insurer's subrogation rights.