Class IA-2 Certificates definition
Examples of Class IA-2 Certificates in a sentence
The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall, any Relief Act Shortfall and the interest portion of certain Realized Losses allocated to the Class I-A-2 Certificates, as described in the Agreement.
The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall and the interest portion of certain Realized Losses allocated to the Class I-A-2 Certificates, as described in the Agreement.
No allocations of any Realized Losses shall be made to the Certificate Principal Balances of the Class A Certificates (except for the Class I-A2 Certificates) or the Class P Certificates.
This certifies that Cede & Co. is the registered owner of a Percentage Interest (obtained by dividing the denomination of this Certificate by the aggregate Certificate Principal Balance of the Class I-A2 Certificates as of the Issue Date) in that certain beneficial ownership interest evidenced by all the Class I-A2 Certificates in the Trust Fund created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among Citigroup Mortgage Loan Trust Inc.
The pass-through rate on the Class I-A-2 Certificates applicable to each Distribution Date will be 6.500% per annum.
Group I Senior Certificates The Class I-A-1 and Class I-A-2 Certificates.
The pass-through rate on the Class I-A-2 Certificates with respect to each Distribution Date will be a per annum rate equal to the Net WAC of the Group I Mortgage Loans.
The pass-through rate on the Class I-A-2 Certificates applicable to each Distribution Date will be 5.750% per annum.
The Certificate Principal Balance hereof will be reduced to the extent of distributions allocable to principal hereon [for Class IA-2 Certificates only: and Realized Losses on the Group I Mortgage Loans allocable to the Class I-A-2 Certificates].
The Securities Administrator shall furnish to the Insurer its records listing the payments on the affected Class I-A-2 Certificates, if any, that have been made by the Securities Administrator and subsequently recovered from the affected Holders, and the dates on which such payments were made by the Securities Administrator.