Group I Mezzanine Certificates definition

Group I Mezzanine Certificates. The Class I-M-1, Class I-M-2, Class I-M-3, Class I-M-4, Class I-M-5, Class I-M-6, Class I-M-7, Class I-M-8, Class I-M-9 and Class I-M-10 Certificates, collectively, and designated as such on the face thereof in substantially the form attached hereto as Exhibit A-6.

Group I Mezzanine Certificates. As specified in the Preliminary Statement.

Group I Mezzanine Certificates. Any Class MF-1 Certificates, Class MF-2 Certificates, Class MF-3 Certificates, Class MF-4 Certificates or Class MF-5 Certificates.

Examples of Group I Mezzanine Certificates in a sentence

• The Master Servicer and the Custodian shall provide and the Master Servicer shall cause each Servicer to provide in accordance with the related Servicing Agreement to the OTS and the FDIC and to comparable regulatory authorities supervising Holders of Group I Mezzanine Certificates and the examiners and supervisory agents of the OTS, the FDIC and such other authorities, access to the documentation regarding the Mortgage Loans required by applicable regulations of the OTS and the FDIC.

• In addition, to the extent the Servicer receives Subsequent Recoveries with respect to any defaulted Group I Loan, the amount of the Realized Loss with respect to that defaulted Group I Loan will be reduced to the extent such Subsequent Recoveries are applied to increase the Certificate Principal Balance of any Class of Group I Mezzanine Certificates on any Distribution Date.

• The Class AF Certificates, the Group I Mezzanine Certificates, the Class CE-1 Interest and the Class P-1 Interest shall be designated as the Regular Interests in REMIC I-B and the Class R-IB Interest shall be designated as the Residual Interest in REMIC I-B.

More Definitions of Group I Mezzanine Certificates

Group I Mezzanine Certificates. The Class I-M-1, Class I-M-2 and Class I-M-3 Certificates.

Group I Mezzanine Certificates. The Pass-Through Rate applicable to the calculation of interest payable with respect to this Certificate on any Distribution Date (as hereinafter defined) shall be a rate per annum equal to the lesser of (i) [___]%; provided, however, such rate shall be increased to ____% on each Distribution Date (as hereinafter defined) following the Distribution Date on which the aggregate principal balance of the Group I Loans (and properties acquired in respect thereof) remaining in the Trust Fund is reduced to less than 10% of the aggregate principal balance of the Group I Loans as of the Cut-off Date and (ii) the applicable Net WAC Pass- Through Rate for such Distribution Date. The Securities Administrator will distribute on the 25th day of each month, or, if such 25th day is not a Business Day, the immediately following Business Day (each, a "Distribution Date"), commencing on the First Distribution Date specified above, to the Person in whose name this Certificate is registered at the close of business on the last Business Day of the calendar month preceding the month of such Distribution Date, an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount (of interest and principal, if any) required to be distributed to the Holders of Certificates of the same Class as this Certificate. Any such distributions will be made by wire transfer in immediately available funds to the account of such Person or by any other means of payment acceptable to such Person. The last scheduled Distribution Date is the Distribution Date in March 2034.]