Certificate Group III definition

Certificate Group III. Any of the Certificates with a Class designation beginning with “III” and relating to Loan Group III.
Certificate Group III. The Class IIIA-1 Certificates, the Class IIIA-2 Certificates, the Class XS-3 Certificates and the Class PO-3 Certificates.

Examples of Certificate Group III in a sentence

  • Any allocation of Realized Losses to a Group I Senior Certificate, Group II Senior Certificate, Group III Senior Certificate or Class M Certificate, or Component, on any Distribution Date shall be made by reducing the Certificate Principal Balance thereof by the amount so allocated as of such Distribution Date after all distributions on such Distribution Date have been made.

Related to Certificate Group III