Group II Certificates definition

Group II Certificates. The Class A-2A, Class A-2B, Class A-2C and Class A-2D Certificates.

Group II Certificates. The Group II-A, Class II-P and Class II-X Certificates.

Group II Certificates. As specified in the Preliminary Statement.

Examples of Group II Certificates in a sentence

• With respect to any Distribution Date, to the extent that the Prepayment Interest Shortfall exceeds Compensating Interest (such excess, a "Non-Supported Interest Shortfall"), such Non-Supported Interest Shortfall shall reduce the Current Interest with respect to each Class of Group I Certificates and Group II Certificates, pro rata based upon the amount of interest each such Class would otherwise be entitled to receive on such Distribution Date.

• In no event shall Realized Losses be allocated to the Class A-1A Certificates, the Group II Certificates or the Class I Certificates.

• Any payments to the Group II Certificates from amounts deemed received in respect of this notional principal contract shall not be payments with respect to a Regular Interest in a REMIC within the meaning of Code Section 860G(a)(1).

• The principal amount of the Middle-Tier REMIC Group II Accrual Interest will be reduced by 99.999% of the Applied Realized Loss Amount allocated to the Group II Certificates and by 100% of any Realized Losses on Group II Mortgage Loans allocated to the Class C Certificate.

• In addition, pursuant to such notional principal contract, the Holder of the Class II-CE Certificates shall be treated as having agreed to pay Basis Risk Shortfall Carry Forward Amounts with respect to Loan Group II to the Holders of the Group II Certificates (other than the Class II-CE, Class II-P and Class II-R Certificates) in accordance with the terms of this Agreement.

More Definitions of Group II Certificates

Group II Certificates. Any of the Class IIA-1, Class IIA-2, Class IIM-1, Class IIM-2, Class IIB, Class IIL and Class IIP Certificates.

Group II Certificates. The Group II Senior Certificates and the Group II Subordinate Certificates.

Group II Certificates. Any of the Class II-A, Class II-X-1, Class II-X-2, Class II-PO, Class II-B, Class II-P or Class II-R Certificates. Group II Non-Offered Certificate: Any of the Class II-B-4, Class II-B-5, Class II-B-6 and Class II-P Certificates.

Group II Certificates. The Class A-7 Certificates.

Group II Certificates. The Class AV-1 Certificates.

Group II Certificates. The Class NB-I 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.

Group II Certificates. The Class A-10 Certificates, the Class M-1A Certificates, the Class M-2A Certificates, the Class B-1A Certificates and the Class C-AIO Certificates.