Two Certificates definition
Examples of Two Certificates in a sentence
Two Certificates shall be issuable, one in the denomination of $212,412,706.11 and the other in the denomination of $2,145,582.89.
On each Distribution Date, subject to the provisos in (iv) - (viii) above, Interest Funds received on the Group One Mortgage Loans will be deemed to be distributed to the Group One Certificates and Interest Funds received on the Group Two Mortgage Loans will be deemed to be distributed to the Group Two Certificates, in each case, until the related Current Interest and Interest Carry Forward Amount of each such Class of Certificates for such Distribution Date has been paid in full.
On each Distribution Date, subject to the provisos in (iv) - (vii) above, Interest Funds received on the Group One Mortgage Loans will be deemed to be distributed to the Group One Certificates and Interest Funds received on the Group Two Mortgage Loans will be deemed to be distributed to the Group Two Certificates, in each case, until the related Current Interest and Interest Carry Forward Amount of each such Class of Certificates for such Distribution Date has been paid in full.