Group IV Certificates definition

Group IV Certificates. The Class IV-A Certificates.
View Source
Group IV Certificates. As set forth in the Preliminary Statement.
View Source
Group IV Certificates. The Class IV-A-1, Class IV-M-1, Class IV-M-2, Class IV-M-3 and Class IV-X Certificates.
View Source

Examples of Group IV Certificates in a sentence

  • The Applied Loss Amount with respect to the Group IV Certificates for any Distribution Date shall be applied by reducing the Class Principal Balance of each Class of Group IV Subordinate Certificates beginning with the Class of Group IV Subordinate Certificates then outstanding, other than the Class IV-X Certificates, with the lowest relative payment priority, in each case until the respective Class Principal Balance thereof is reduced to zero.

  • Any Applied Loss Amount with respect to the Group IV Certificates allocated to a Class of Group IV Subordinate Certificates shall be allocated among the Group IV Subordinate Certificates of such Class in proportion to their respective Percentage Interests.

  • Amounts on deposit in the Basis Risk Reserve Fund can be withdrawn by the Trust Administrator in connection with any Distribution Date to fund the amounts required to be distributed to holders of the Group IV Certificates in respect of Basis Risk Shortfalls.

  • On each Distribution Date, the Trust Administrator shall determine the total of the Applied Loss Amount with respect to the Group IV Certificates, if any, for such Distribution Date.

  • As described below, Accrued Certificate Interest on the Group IV Certificates is subject to reduction in the event of certain interest shortfalls allocable thereto.


More Definitions of Group IV Certificates

Group IV Certificates. The Class NB-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 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 IV.
View Source
Group IV Certificates. Group IV Senior Certificates.
View Source
Group IV Certificates. The Class AV-5 Certificates.
View Source
Group IV Certificates. The Class IV-A-1, Class IV-A-2, Class IV-A-3 and Class IV-X Certificates. Group IV Mortgage Loans: The Mortgage Loans identified as such on the Mortgage Loan Schedule.
View Source
Group IV Certificates. The Class A-IV-1 Certificates and Class A-IV-2 Certificates, representing an undivided interest in Loan Group IV.
View Source
Group IV Certificates. The Class 4A1, Class 4A2, Class 4A3, Class B-1, Class B-2 and Class B-3 Certificates, collectively.
View Source
Group IV Certificates. The Class IV-A-1, Class M-X and Class A-PO-2 Certificates.
View Source