Senior Certificate Group II definition

Senior Certificate Group II. The Class II-A Certificates.
Senior Certificate Group II. The Class II-1A, Class II-2A, Class II-3A and Class II-4A Certificates.
Senior Certificate Group II. The Class A-2 Certificates and the portion of the Class A-X Certificates derived from the Group 2 Mortgage Loans.

Examples of Senior Certificate Group II in a sentence

  • Any allocation of Realized Losses to a Group I Senior Certificate, Group II Senior Certificate, Group III Senior Certificate or Class M Certificate, or Component, on any Distribution Date shall be made by reducing the Certificate Principal Balance thereof by the amount so allocated as of such Distribution Date after all distributions on such Distribution Date have been made.

Related to Senior Certificate Group II