Subgroup I-2 Certificates definition

Subgroup I-2 Certificates. As specified in the Preliminary Statement. Subgroup I-2 Class I-X-1/Class I-X-2 Ratio: For each Distribution Date, is the quotient of (x) the aggregate Stated Principal Balance at the beginning of the related Due Period of the Group I LIBOR Loans in Loan Subgroup I-2 with prepayment penalties divided by (y) the aggregate Stated Principal Balance at the beginning of the related Due Period of the Group I LIBOR Loans with prepayment penalties. Subgroup I-2 Class I-X-3 Ratio: For each Distribution Date, is the quotient of (x) the aggregate Stated Principal Balance at the beginning of the related Due Period of the Group I MTA Loans in Loan Subgroup I-2 with 3-year prepayment penalties divided by (y) the aggregate Stated Principal Balance at the beginning of the related Due Period of the Group I MTA Loans with 3-year prepayment penalties. Subgroup I-2 OC Floor: An amount equal to 0.50% of the aggregate Stated Principal Balance of the Subgroup I-2 Mortgage Loans as of the Cut-off Date.
Subgroup I-2 Certificates. The Class I-A-2 Certificates.
Subgroup I-2 Certificates. The Class I-A-2, Class I-A-3 and Class I-A-4 Certificates.

Examples of Subgroup I-2 Certificates in a sentence

  • With respect to Subgroup I-2 for any date of determination, the then outstanding aggregate Principal Balance of the Subgroup I-2 Loans minus the then outstanding aggregate Class Principal Balance of the Subgroup I-2 Certificates.

Related to Subgroup I-2 Certificates