Group 4 Senior definition

Group 4 Senior. Certificates: Class 4-A-1 and Class 4-A-2 Certificates.
Group 4 Senior. PERCENTAGE: Initially, 98.00%. On any Distribution Date, the lesser of (i) 100% and (ii) the percentage (carried to six places rounded up) obtained by dividing the Current Principal Amount of the Group 4 Senior Certificates immediately preceding such Distribution Date by the aggregate Scheduled Principal Balance of the Group 4 Mortgage Loans as of the beginning of the related Due Period.
Group 4 Senior. PERCENTAGE: Initially, 97.05

Examples of Group 4 Senior in a sentence

  • The Class L-B Certificates provide, to the limited extent described in the Prospectus Supplement, credit support, to certain Group 1, Group 2 and Group 4 Senior Certificates.

  • The "Prospectus Supplement" is that certain Prospectus Supplement, dated February 23, 2007 to that certain Prospectus, dated February 13, 2007, pursuant to which the Group 4 Senior Certificates were offered.

  • The Group 1 Senior Certificates, the Group 2 Senior Certificates, the Group 3 Senior Certificates or the Group 4 Senior Certificates, as applicable.

  • The Group 4-B Subordinate Certificates provide, to the limited extent described in the Prospectus Supplement, credit support, to certain Group 4 Senior Certificates.

  • Senior Certificate Group....................The Group 1 Senior Certificates, the Group 2 Senior Certificates, the Group 3 Senior Certificates or the Group 4 Senior Certificates, as applicable.

  • On any Distribution Date, the lesser of (i) 100% and (ii) the percentage (carried to six places rounded up) obtained by dividing the aggregate Current Principal Amount of the Group 4 Senior Certificates immediately preceding such Distribution Date by the aggregate Scheduled Principal Balance of the Group 4 Mortgage Loans as of the beginning of the related Due Period.

  • Group 1 Senior Certificates, Group 2 Senior Certificates, Group 3 Senior Certificates and Group 4 Senior Certificates.

  • Group 4 Senior Certificates and the portions of the Subordinated Certificates related to Loan Group 4.

  • Group 1 Senior Certificates, Group 2 Senior Certificates, Group 3 Senior Certificates and Group 4 Senior Certificates, as applicable.

  • Group 1 Senior Certificates, the Group 2 Senior Certificates, the Group 3 Senior Certificates and the Group 4 Senior Certificates.


More Definitions of Group 4 Senior

Group 4 Senior. CERTIFICATES: The Class IV-A1, Class IV-A2, Class IV-A3, Class IV-A4, Class IV-A5 and Class IV-X Certificates.
Group 4 Senior. Certificates: Class 4-A-1, Class 4-A-2, Class 4-A-3, Class 4-A-4, Class 4-A-5, Class 4-A-6, Class 4-IO and Class 4-PO Certificates.

Related to Group 4 Senior

  • Group 4 All of the Group 4 Certificates.

  • Group 3 All of the Group 3 Certificates.

  • Group 3 Senior Certificates As specified in the Preliminary Statement.

  • Group II Senior Percentage For any Distribution Date, the lesser of (i) 100% and (ii) the aggregate Class Principal Balance of the Group II-A and Residual Certificates divided by the aggregate Class Principal Balance of the Group II Loans (exclusive of the Class II-P Fraction thereof, with respect to any Class II-P Mortgage Loan), in each case immediately before such Distribution Date.

  • Group I Senior Percentage As of each Distribution Date, the lesser of 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Group I Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) in Loan Group I immediately prior to such Distribution Date.

  • Group 1 Senior Certificates As specified in the Preliminary Statement.

  • Group 2 Senior Certificates As specified in the Preliminary Statement.

  • Group II Senior Certificates As specified in the Preliminary Statement.

  • Group 2 All of the Group 2 Certificates.

  • Group I Senior Certificates As specified in the Preliminary Statement.

  • Group 1 All of the Group 1 Certificates.

  • Group II The pool of Mortgage Loans identified in the related Schedules of Mortgage Loans as having been assigned to Group II, including any Qualified Replacement Mortgages delivered in replacement thereof and each Subsequent Mortgage Loan delivered to the Trust for inclusion therein.

  • Group B means educational improvements for pupils in

  • Group I means Series 1997-1 and each other Series specified in the related Supplement to be included in Group I.

  • Super Senior Certificates As specified in the Preliminary Statement.

  • Group A means educational programs for career exploration, a

  • GROUP III All applicants for employment who have had two (2) or more years' experience in the trade, are residents of the geographical area constituting the normal construction labor market area, and who have been employed in the normal construction labor market area for at least six (6) months in the last two and one-half (2½) years in the geographical area covered by the collective bargaining agreement.

  • Group 2 Senior Principal Distribution Amount For any Distribution Date, an amount equal to the sum of (a) the Group 2 Senior Percentage of the Principal Payment Amount for Loan Group 2, (b) the Group 2 Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group 2 and (c) the Group 2 Senior Liquidation Amount.

  • Group 1 Senior Principal Distribution Amount For any Distribution Date, an amount equal to the sum of (a) the Group 1 Senior Percentage of the Principal Payment Amount for Loan Group 1, (b) the Group 1 Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group 1 and (c) the Group 1 Senior Liquidation Amount.

  • Loan Group 4 The Group 4 Mortgage Loans.

  • Group III Senior Principal Distribution Amount As to any Distribution Date, the sum of (i) the Group III Senior Percentage of the Principal Payment Amount for Loan Group III, (ii) the applicable Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group III, and (iii) the Group III Senior Liquidation Amount.

  • Additional Senior Class Debt has the meaning assigned to such term in Section 5.13.

  • Senior Percentage As of any Distribution Date, the lesser of 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Senior Certificates (other than the Class A-P Certificates) immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) (other than the related Discount Fraction of each Discount Mortgage Loan) immediately prior to such Distribution Date.

  • Group II Senior Principal Distribution Amount As to any Distribution Date, the sum of (i) the Group II Senior Percentage of the Principal Payment Amount for Loan Group II, (ii) the applicable Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group II, and (iii) the Group II Senior Liquidation Amount.

  • Group size means the number of children in a group.

  • Aggregate Senior Percentage With respect to any Distribution Date, the fraction, expressed as a percentage, the numerator of which is equal to the aggregate Class Certificate Balance of the Senior Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all the Mortgage Loans as of the Due Date in the month preceding the month of such Distribution Date (after giving effect to Principal Prepayments in the Prepayment Period related to that prior Due Date).