Senior Certificate Group definition

Senior Certificate Group. As specified in the Preliminary Statement.

Senior Certificate Group. Either (a) the Class 1A-1A and Class 1A-1B Certificates with respect to Loan Group 1 or (b) the Class 2A-1A, Class 2A-1B and Class 2A-1C Certificates with respect to Loan Group 2.

Senior Certificate Group. Any of (a) the Class 1-A-1A, Class 1-A-1B and Class X Certificates with respect to Loan Group 1, (b) the Class 2-A-1A, Class 2-A-1B and Class A-R Certificates with respect to Loan Group 2, (c) the Class 3-A-1A and Class 3-A-1B Certificates with respect to Loan Group 3, (d) the Class 4-A-1A and Class 4-A-1B Certificates with respect to Loan Group 4 and (e) the Class 5-A-1A and Class 5-A-1B Certificates with respect to Loan Group 5.

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.

More Definitions of Senior Certificate Group

Senior Certificate Group. Senior Certificate Group I, Senior Certificate Group II, Senior Certificate Group III or Senior Certificate Group IV, as applicable.

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

Senior Certificate Group. III: The Class III-A Certificates.

Senior Certificate Group. Any of (a) the Class 1-A-1 and Class PO Certificates with respect to Subgroup 1, (b) the Class 2-A-1, Class 2-A-2, Class 2-A-3, Class 2-A-4, Class 2-A-5 and Class R Certificates with respect to Subgroup 2 and (c) the Class 3-A-1, Class 3-A-2 and Class X Certificates with respect to Subgroup 3.

Senior Certificate Group. As specified in the Preliminary Statement. Senior Credit Support Depletion Date: Not Applicable.

Senior Certificate Group. I: The Class I-A Certificates.

Senior Certificate Group. The Group 1 Senior Certificates, Group 2 Senior Certificates or Group 3 Senior Certificates as the context requires.