Examples of Senior Certificate Group in a sentence
Discussion:To address the lack of affordable housing and housing affordability, the City will invest Community Development Block Grant (CDBG) funds into homeowner rehabilitation projects and energy-efficient emergency rehabilitation (coordinated with the Division of Code Enforcement).
As to a Senior Certificate Group and any Distribution Date during the ten years beginning on the first Distribution Date, 100%.
Senior Certificate Group The Group 1 Senior Certificates and the Group 2 Senior Certificates.
On each Distribution Date, the Net Deferred Interest for each Loan Group will be allocated as follows: the Senior Percentage of that Net Deferred Interest will be allocated, in the aggregate, to the Senior Certificates in the related Senior Certificate Group and the Subordinated Percentage of that Net Deferred Interest will be allocated, in the aggregate, to the Subordinated Certificates.
On each Distribution Date, the Net Deferred Interest on the Mortgage Loans in a Loan Group will be allocated as follows: the Senior Percentage of that Net Deferred Interest will be allocated, in the aggregate, to the Senior Certificates in the related Senior Certificate Group and the Subordinated Percentage of that Net Deferred Interest will be allocated, in the aggregate, to the Subordinated Certificates.