Examples of Class I-A Certificates in a sentence
If on any Distribution Date the allocation to the Class IA Certificates of Principal Prepayments in the percentage required would reduce the sum of the Class Principal Balances of the Class IA Certificates and the Subordinate Certificates below zero, the Group I Senior Prepayment Percentage for such Distribution Date shall be limited to the percentage necessary to reduce such sum to zero.
The Class I-A Certificates and Class I-B Certificates will be redeemed at par plus accrued interest in order of seniority to the extent there are sufficient proceeds from such purchase.
ERISA CONSIDERATIONS: The Class I-A Certificates are expected to be ERISA eligible as of the Closing Date.
SMMEA CONSIDERATIONS: The Class I-A Certificates are expected to constitute "mortgage related securities" for purposes of the Secondary Mortgage Market Enhancement Act of 1984 (SMMEA).
MINIMUM DENOMINATIONS: The Class I-A Certificates will be issued with a minimum denomination of $100,000 with incremental denominations of $1.