Group IV Senior Certificates definition

Group IV Senior Certificates. The Class IV-A-1 Certificates.
Group IV Senior Certificates. As specified in the Preliminary Statement.
Group IV Senior Certificates. The Class IV-A-1 Certificates and Class IV-A-2 Certificates. Group IV Senior Percentage: Initially, 95.50%. On any Distribution Date, the lesser of (i) 100% and (ii) the percentage (carried to six places rounded up) obtained by dividing the aggregate Current Principal Amount of the Group IV Senior Certificates immediately preceding such Distribution Date by the aggregate Scheduled Principal Balance of the Group IV Mortgage Loans as of the beginning of the related Due Period.

Examples of Group IV Senior Certificates in a sentence

  • On any Distribution Date, the lesser of (i) 100% and (ii) the percentage (carried to six places rounded up) obtained by dividing the aggregate Current Principal Amount of the Group IV Senior Certificates immediately preceding such Distribution Date by the aggregate Scheduled Principal Balance of the Group IV Mortgage Loans as of the beginning of the related Due Period.

  • The Group I Senior Certificates, the Group II Senior Certificates, the Group III Senior Certificates and the Group IV Senior Certificates, collectively.

  • Senior Certificates The Group I Senior Certificates, the Group II Senior Certificates, the Group III Senior Certificates and the Group IV Senior Certificates, collectively.

  • With respect to Pool I, the Group I Senior Certificates, with respect to Pool II, the Group II Senior Certificates, with respect to Pool III, the Group III Senior Certificates, and with respect to Pool IV, the Group IV Senior Certificates.

  • Certificate Group With respect to Pool I, the Group I Senior Certificates; with respect to Pool II, the Group II Senior Certificates; with respect to Pool III, the Group III Senior Certificates; and with respect to Pool IV, the Group IV Senior Certificates.

  • The Group I Senior Certificates, Group II Senior Certificates, Group III Senior Certificates and Group IV Senior Certificates, collectively.

  • Thereafter, the Extraordinary Trust Fund Expenses will be allocated on any Distribution Date among the Group I Senior Certificates (other than the Class XS-1 Certificates), the Group II Senior Certificates (other than the Class XS-2 Certificates), the Group III Senior Certificates (other than the Class XS-3 Certificates) or the Group IV Senior Certificates (other than the Class XS-4 Certificates) , as applicable, on a PRO RATA basis.

  • Group IV Senior Certificates The Class IV-A-1 and Class IV-A-2 Certificates.

  • The Group I Senior Certificates, Group II Senior Certificates, Group III Senior Certificates and the Group IV Senior Certificates, collectively.

  • If the proceeds with respect to the Group IV Mortgage Loans are not sufficient to pay all of the Group IV Certificates in full, any such deficiency will be allocated first, to the Subordinate Certificates, in inverse order of their numerical designation, and then to the Group IV Senior Certificates on a PRO RATA basis.


More Definitions of Group IV Senior Certificates

Group IV Senior Certificates. The Class IV-A-1, Class IV-A-2, Class IV-A-3, Class IV-A-4, Class IV-A-5, Class IV-A-6, Class IV-A-7, Class IV-A-X and Class IV-A-PO Certificates.
Group IV Senior Certificates. The Class IVA Certificates.
Group IV Senior Certificates. Any of the Class A-IV Certificates. GROUP V SENIOR CERTIFICATES: Any of the Class A-V Certificates. HAZARDOUS MATERIALS: Any dangerous, toxic or hazardous pollutants, chemicals, wastes, or substances, including, without limitation, those so identified pursuant to the Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. Section 9601 et seq., or any other environmental laws now existing, and specifically including, without limitation, asbestos and asbestos-containing materials, polychlorinated biphenyls, radon gas, petroleum and petroleum products, urea formaldehyde and any substances classified as being "in inventory", "usable work in progress" or similar classification which would, if classified unusable, be included in the foregoing definition.
Group IV Senior Certificates. The Class IV-A Certificates and Class IV-AM Certificates.

Related to Group IV Senior Certificates