Examples of Group I Net WAC Cap in a sentence
Any of the Group I Net WAC Cap, the Group II Net WAC Cap or the Subordinated Net WAC Cap, as the context requires.
Notwithstanding the foregoing, no distribution of the proceeds of any Termination Price shall be made to the Owners of the Class X-IO and Class R Certificates until all such amounts have been applied in reduction of any outstanding Group I Net WAC Cap Carryover and Group II Net WAC Cap Carryover.
FGIC will not guarantee the payment of Group I Net WAC Cap Rate Shortfalls, Group II Basis Risk Shortfalls, Relief Act Shortfalls, or Prepayment Interest Shortfalls.
The Policy will not guarantee any interest shortfalls relating to the Relief Act, prepayment interest shortfalls, Group I Net WAC Cap Shortfalls or Group II Basis Risk Shortfalls.
The Offered Certificates may be subject to the Group I Net WAC Cap Rate, the Class A-I-1 Net WAC Cap Rate or the Group II Net WAC Cap Rate, as applicable.