Super Senior Certificates definition

Super Senior Certificates. As specified in the Preliminary Statement.
View Source
Super Senior Certificates. The Class A-2 Certificates.
View Source
Super Senior Certificates. As specified in the Preliminary Statement. Super Senior Support Certificates: Not applicable. Support Classes: Not applicable. Targeted Balances: Not applicable. Targeted Principal Classes: Not applicable.
View Source

Examples of Super Senior Certificates in a sentence

  • Any decrease in the principal portion of Realized Losses allocated to a Class of Super Senior Certificates in an Exchangeable REMIC Combination in accordance with the second preceding paragraph will be further allocated between such Class and the Related Exchangeable Class.

  • For purposes of the foregoing two paragraphs, any references to the Class Certificate Balance of a Class of Super Senior Certificates or Super Senior Support Certificates that are Exchangeable REMIC Certificates refer to the Calculation Balance of such Class.

  • Following the Cross-Over Date, the interest portion of Realized Losses on the Mortgage Loans will be allocated, FIRST, to the Senior Support Certificates, and then, to the Super Senior Certificates.

  • A Class of Exchangeable Certificates received in an exchange of a Class of Exchangeable REMIC Certificates which are Super Senior Certificates, will be allocated a proportionate share of any decrease in the principal portion of Realized Losses allocated to such Class of Super Senior Certificates in the Exchangeable REMIC Combination.

  • Notwithstanding the above, all Realized Losses otherwise allocable to the Super Senior Certificates will be allocated to the related Component until the Component Principal Balance of such Component is reduced to zero.


More Definitions of Super Senior Certificates

Super Senior Certificates. Any of the Class I-A-4 Certificates.
View Source
Super Senior Certificates. The Class A-3, Class A-4, Class A-8, Class A-9, Class A-10, Class A-11, Class A-X-4, Class A-X-6 and Class A-X-7 Certificates.
View Source
Super Senior Certificates. The Class 1A1, Class 2A1, Class 3A1, Class 4A1, Class 5A1 and Class 6A1 Certificates.
View Source
Super Senior Certificates. Any of the Class A-I-1, Class A-II-1 or Class A-III-1 Certificates.
View Source
Super Senior Certificates. Any of the Class A-7 Certificates.
View Source
Super Senior Certificates. The Class I-A1A Certificates, Class I-A2A Certificates, Class I-A3A Certificates, Class I-A4A Certificates and Class I-A5A Certificates.
View Source
Super Senior Certificates. As specified in the Preliminary Statement. Support Classes: Not applicable. TAC Certificates: Not applicable.
View Source