Group 7 Senior Certificates definition

Group 7 Senior Certificates. As specified in the Preliminary Statement.

Group 7 Senior Certificates. The Group 7A Senior Certificates and Group 7B Senior Certificates. Group 7 Senior Enhancement Percentage: For any Distribution Date, the fraction, expressed as a percentage, the numerator of which is the sum of the aggregate Class Principal Balance of the Class M Certificates and the Overcollateralization Amount (which, for purposes of this definition only, shall not be less than zero), in each case after giving effect to payments on such Distribution Date (assuming no Trigger Event has occurred), and the denominator of which is the Aggregate Group 7 Collateral Balance for such Distribution Date.

Group 7 Senior Certificates. Class 7-A-1 Certificates.

Examples of Group 7 Senior Certificates in a sentence

• 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 7 Senior Certificates immediately preceding such Distribution Date by the aggregate Scheduled Principal Balance of the Group 7 Mortgage Loans as of the beginning of the related Due Period.

• The Group 1 Senior Certificates, the Group 2 Senior Certificates, the Group 3 Senior Certificates, the Group 4 Senior Certificates, the Group 5 Senior Certificates, the Group 6 Senior Certificates, or the Group 7 Senior Certificates, as applicable.

• On 10 June 2016, a short term, interest free loan of £25,000 was made to AMR Centre Ltd, of which P.

• The Group 1 Senior Certificates, the Group 2 Senior Certificates, the Group 3 Senior Certificates, the Group 4, Senior Certificates, the Group 5 Senior Certificates, the Group 6 Senior Certificates or the Group 7 Senior Certificates, as applicable.

More Definitions of Group 7 Senior Certificates

Group 7 Senior Certificates. As specified in the Preliminary Statement. Holder: The registered owner of any Certificate as recorded on the books of the Certificate Registrar except that, solely for the purposes of taking any action or giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor, the Trustee, the Master Servicer, the Securities Administrator and any Servicer, or any Affiliate thereof shall be deemed not to be outstanding in determining whether the requisite percentage necessary to effect any such consent has been obtained, except that, in determining whether the Trustee or the Securities Administrator shall be protected in relying upon any such consent, only Certificates that a Responsible Officer of the Trustee or the Securities Administrator, respectively, knows to be so owned shall be disregarded. The Trustee or the Securities Administrator may request and conclusively rely on certifications by the Depositor, the Master Servicer, the Securities Administrator or any Servicer in determining whether any Certificates are registered to an Affiliate of the Depositor, the Master Servicer, the Securities Administrator or any Servicer. HUD: The United States Department of Housing and Urban Development, or any successor thereto.

Group 7 Senior Certificates. The Class VII-A Certificates.

Group 7 Senior Certificates. As specified in the Preliminary Statement. Group 7 Weighted Average Initial Adjustment Date: July 2009.

Group 7 Senior Certificates. The Class IV-A Certificates. GROUP 1 SENIOR OPTIMAL PRINCIPAL AMOUNT, GROUP 2 SENIOR OPTIMAL PRINCIPAL AMOUNT, GROUP 3 SENIOR OPTIMAL PRINCIPAL AMOUNT, GROUP 4 SENIOR OPTIMAL PRINCIPAL AMOUNT, GROUP 5 SENIOR OPTIMAL PRINCIPAL AMOUNT, GROUP 6 SENIOR OPTIMAL PRINCIPAL AMOUNT OR GROUP 7 SENIOR OPTIMAL PRINCIPAL AMOUNT: As to any Distribution Date, an amount equal to the sum, without duplication, of:

Group 7 Senior Certificates. The Class 7-A-1, Class 7-A-2, Class 7-A-3, Class 7-A-4 and Class 7-A-5 Certificates.