Group II Offered Certificates definition

Group II Offered Certificates. Any of the Class II-A-1, Class II-A-2, Class II-A-3, Class II-M-1, Class II-M-2, Class II-M-3, Class II-M-4, Class II-M-5, Class II-M-6, Class II-M-7, Class II-M-8 and Class II-M-9 Certificates.
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Group II Offered Certificates. As specified in the Preliminary Statement.
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Group II Offered Certificates. The Group II Senior Certificates and Group II Offered Subordinate Certificates. Group II Offered Subordinate Certificates: The Class II-B-1, Class II-B-2 and Class II-B-3 Certificates.
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Examples of Group II Offered Certificates in a sentence

  • Pursuant to Section 6.01, on the initial Distribution Date, amounts on deposit in the Adjustable Rate Supplemental Fund will be withdrawn from the Adjustable Rate Supplemental Fund and paid to the Group I Certificates (other than the Class I-X Certificates) and the Group II Offered Certificates, as applicable, to the extent that Current Interest on such Certificates on the initial Distribution Date is reduced by application of the related Net Rate Cap on such initial Distribution Date.

  • No later than the initial Distribution Date, the Depositor shall pay to the Trustee an amount equal to (i) in the case of the Group I Certificates, $25,000, which shall be deposited by the Trustee into the Adjustable Rate Supplemental Fund for the benefit of the Group I Certificates and (ii) in the case of the Group II Offered Certificates, $25,000, which shall be deposited by the Trustee into the Adjustable Rate Supplemental Fund for the benefit of the Group II Offered Certificates.

  • All Corridor Contract Payment Amounts received from Corridor Contracts benefiting the Holders of the Group II Offered Certificates and the Excess Cashflow amounts described in the Tenth and Eleventh clauses of Section 6.01(b) deposited to the Reserve Fund shall be held by the Trustee on behalf of the Trust, in trust for the benefit of the applicable Group II Certificateholders and the Class II-B-IO Certificateholders in accordance with the terms and provisions of this Agreement.

  • Amounts in the Reserve Fund held in trust for the benefit of the Holders of the Group II Offered Certificates, the Class II-B-5 and Class II-B-IO Certificateholders shall, at the written direction of the Class II-B-IO Certificateholders, be invested in Permitted Investments that mature no later than the Business Day prior to the next succeeding Distribution Date.

  • Amounts in the Reserve Fund held in trust for the benefit of the Holders of the Group II Offered Certificates and the Class II-B-IO Certificates shall, at the written direction of the Class II-B-IO Certificateholders, be invested in Permitted Investments that mature no later than the Business Day prior to the next succeeding Distribution Date.

  • Realized Losses shall be applied such that after all distributions have been made on such Distribution Date: (i) the principal balances of each of the Group II REMIC II Regular Interests (other than the Class II-QV Interests) are each .01% of the principal balances of the Group II Offered Certificates, respectively; and (ii) the remaining losses shall be allocated to the Class II-QV Interests.

  • All monies earned on amounts on deposit in the Reserve Fund held in trust for the benefit of the Holders of the Group II Offered Certificates and the Class II-B-IO Certificates shall be taxable to the Class II-B-IO Certificateholders.

  • The Class II-S Floating Allocation Percentage of Charge-Off Amounts on the Group II HELOCs will be applied on any Distribution Date to the Class II-S Certificates Once Charge-Off Amounts have been allocated to a Class of Group II Offered Certificates, such amounts with respect to such Certificates will no longer accrue interest nor will such amounts in respect of interest be reinstated thereafter.

  • All monies earned on amounts on deposit in the Reserve Fund held in trust for the benefit of the Holders of the Group II Offered Certificates, the Class II-B-5 and Class II-B-IO Certificateholders shall be taxable to the Class II-B-IO Certificateholders.

  • No later than the Closing Date, the Paying Agent shall establish and maintain in the name of the Holders of the Group II Offered Certificates, the Final Maturity Reserve Account as a segregated trust account.


More Definitions of Group II Offered Certificates

Group II Offered Certificates. The Class II-A, Class II-M and Class II-B Certificates.
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Group II Offered Certificates. The Group II Senior Certificates and the Group II Mezzanine Certificates.
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Group II Offered Certificates. As specified in the Preliminary Statement. Group II Optional Termination Date: The date on which the related Terminating Entity, pursuant to Section 10.01, shall cause the Group II Optional Termination Date to occur on any Distribution Date on which the aggregate Stated Principal Balance of the Group II Mortgage Loans, as of the last day of the related Due Period, is equal to 10% or less of the Group II Cut-off Date Pool Principal Balance.
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Group II Offered Certificates. The Group II Senior Certificates, Group II Offered Subordinate Certificates and Class II-R-1 Certificates.
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Related to Group II Offered Certificates

  • Offered Certificates As specified in the Preliminary Statement.

  • Publicly Offered Certificates [______________], Mortgage Pass-Through Certificates, Series [_______], Class [__], Class [__], Class [__], Class [__], Class [__], Class [__] and Class [__] issued pursuant to the Pooling and Servicing Agreement.

  • Offered Certificate Any one of the Class A Certificates and the Mezzanine Certificates, issued under this Agreement.

  • Privately Offered Certificates [______________], Mortgage Pass-Through Certificates, Series [_______], Class [__] issued pursuant to the Pooling and Servicing Agreement.

  • Group III Certificates The Group III-A Certificates.