Subordinate Certificates Upper Collar. With respect to each Distribution Date with respect to which payments are received on the Subordinate Certificate Cap Contract, a rate equal to the lesser of One-Month LIBOR and 8.970% per annum.
Subordinate Certificates As specified in the Preliminary Statement.
Subordinate Certificate Any one of the Class M Certificates or Class B Certificates, executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed hereto as Exhibit B and Exhibit C, respectively.
Senior Subordinate Certificates The Class B1, Class B2 and Class B3 Certificates.
Junior Subordinate Certificates The Class B-4, Class B-5 and Class B-6 Certificates.
Offered Subordinate Certificates As specified in the Preliminary Statement.
Subordinate Certificate Writedown Amount As to any Distribution Date, the amount by which (i) the sum of the Class Principal Amounts of all the Certificates (after giving effect to the distribution of principal and the application of Realized Losses in reduction of the Certificate Principal Amounts of the Certificates on such Distribution Date) exceeds (ii) the aggregate Scheduled Principal Balance of the Mortgage Loans for such Distribution Date.
Super Senior Certificates As specified in the Preliminary Statement.
Senior Certificates As specified in the Preliminary Statement.
Senior Certificate As defined in the Series Supplement.
Group 1 Certificates As specified in the Preliminary Statement.
Group 2 Senior Certificates As specified in the Preliminary Statement.
Subordinate Class Percentage With respect to any Distribution Date and any Class of Subordinate Certificates, a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of such Class of Subordinate Certificates immediately prior to such date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) (other than the related Discount Fraction of each Discount Mortgage Loan) immediately prior to such Distribution Date.
Group II Senior Certificates As specified in the Preliminary Statement.
Adjustable Rate Certificates The Class A Certificates and the Mezzanine Certificates.
Group 1 Senior Certificates As specified in the Preliminary Statement.
Group I Senior Certificates As specified in the Preliminary Statement.
Fixed Rate Certificates As specified in the Preliminary Statement.
Group 2 Certificates As specified in the Preliminary Statement.
Mezzanine Certificate Any Class M-1 Certificate, Class M-2 Certificate or Class M-3 Certificate.
Group 3 Senior 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.
Group 2 Certificate Any Class A-2 Certificate.
Group 1 Certificate Any Class A-1 or Class A-R Certificate.
Mezzanine Certificates Collectively, the Class M-1 Certificates, the Class M-2 Certificates, the Class M-3 Certificates, the Class M-4 Certificates, the Class M-5 Certificates, the Class M-6 Certificates, the Class M-7 Certificates, the Class M-8 Certificates, the Class M-9 Certificates and the Class M-10 Certificates.
Aggregate Certificate Principal Balance At any given time, the sum of the then current Class Principal Balances of the Certificates.
Floating Rate Certificates The Class A Certificates and the Mezzanine Certificates.