Group VII Certificates definition

Group VII Certificates. As set forth in the Preliminary Statement.
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Group VII Certificates. The Class VII-AR-1 Certificates, Class VII-AR-2 Certificates and Class VII-AR-3 Certificates, collectively.
Sample 1

Examples of Group VII Certificates in a sentence

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

  • Amounts on deposit in the Basis Risk Reserve Fund can be withdrawn by the Trust Administrator in connection with any Distribution Date to fund the amounts required to be distributed to holders of the Group VII Certificates in respect of Basis Risk Shortfall pursuant to Section 4.01(II)(d)(ii)-(iv) to the extent Monthly Excess Cashflow on such date is insufficient to make such payments.

  • Certificates: The "Senior Certificates" will consist of (i) the Class 1-A Certificates (the "Group I Certificates"), (ii) the Class 2-A Certificates (the "Group II Certificates"), (iii) the Class 3A Certificates (the "Group III Certificates"), (iv) the Class 4-A Certificates (the "Group IV Certificates"), (v) the Class 5-A Certificates (the "Group V Certificates"), (vi) the Class 6-A Certificates (the "Group VI Certificates") and (vii) the Class 7-A Certificates (the "Group VII Certificates").

  • The other Intercompany Loan between the non-Debtor Australian Subsidiary, as lender, and Debtor Armstrong Flooring, Inc., as borrower, is an unsecuredintercompany note with an outstanding balance of $26.2 million USD14 that matures on June 23, 2025, and was entered into in connection with the Debtors’ amendments of their prepetition ABL Credit Agreement and Term Loan Agreement, which are dated as of December 30, 2021.

  • If more than one of the Group III, Group IV or Group VII Certificates is an Overcollateralized Group on any Distribution Date, reductions in the Available Distribution Amount of such groups to make the payments required to be made pursuant to 4.06(d) on such Distribution Date shall be made pro rata, based on the amount of payments required to be made to the Undercollateralized Group(s).

  • If more than one of the Group III, Group IV or Group VII Certificates is an Undercollateralized Group on any Distribution Date, payments made to such Groups from the Overcollateralized Group shall be made pro rata, baed on the amount of payments required to be made to the Undercollateralized Group(s).

  • Underlying Group VII Certificates: The Class III-1A-2 Certificates issued by the Underlying 2006-4 Trust.

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

Related to Group VII Certificates

  • Group III Certificates The Group III-A Certificates.

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

  • Group I Certificates The Class A-1 Certificates.

  • COFI Certificates As specified in the Preliminary Statement.

  • REMIC I Certificates The Class R-I Certificates.

  • Group 3 Certificates As specified in the Preliminary Statement.

  • Group 4 Certificates As specified in the Preliminary Statement.

  • Class B-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • REMIC II Certificates The REMIC II Regular Certificates and the Class R-II Certificates.

  • Class B-4 Certificates The Certificates designated as “Class B-4” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Group 1 Certificates As specified in the Preliminary Statement.

  • REMIC III CERTIFICATES has the meaning set forth in the final paragraph of the Preliminary Statement hereto.

  • Class B-5 Certificates The Certificates designated as “Class B-5” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Group 2 Certificates As specified in the Preliminary Statement.

  • Group II Class A Certificates The Class A-2a Certificates, the Class A-2b Certificates, the Class A-2c Certificates and the Class A-2d Certificates, collectively.

  • Class A Certificates The Class A-1, Class A-2, Class A-3 and Class A-4 Certificates.

  • Class B Certificates The Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates.

  • Class P Certificates All Certificates bearing the class designation of "Class P".

  • Group II Senior Certificates As specified in the Preliminary Statement.

  • Group I Senior Certificates As specified in the Preliminary Statement.

  • Class C Certificates Any one of the Class C Certificates executed by the Trustee, and authenticated and delivered by the Certificate Registrar, substantially in the form annexed hereto as Exhibit A-18, representing the right to distributions as set forth herein and therein and evidencing a regular interest in REMIC 4.

  • Class R-II Certificate Any one of the Class R-II Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit D and evidencing an interest designated as a "residual interest" in REMIC II for purposes of the REMIC Provisions.

  • Class R-I Certificate Any one of the Class R-I Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit D and evidencing an interest designated as a "residual interest" in REMIC I for purposes of the REMIC Provisions.

  • Senior Certificates As specified in the Preliminary Statement.

  • Class B-1 Certificates All Certificates bearing the class designation of "Class B-1".

  • Class A-1 Certificates All Certificates bearing the class designation of "Class A-1".