Group 5 Senior Certificates definition

Group 5 Senior Certificates. As specified in the Preliminary Statement.

Group 5 Senior Certificates. The Class 5-A-1, Class 5-A-2 and Class 5-A-3 Certificates.

Group 5 Senior Certificates. The Class 5-A Certificates and Component P-5.

Examples of Group 5 Senior Certificates in a sentence

• The Group 1 Senior Certificates, the Group 2 Senior Certificates, the Group 3 Senior Certificates, the Group 4 Senior Certificates or the Group 5 Senior Certificates, as applicable.

• On any Distribution Date, the lesser of (i) 100% and (ii) the percentage (carried to six places rounded up) obtained by dividing the aggregate Current Principal Amount of the Group 5 Senior Certificates immediately preceding such Distribution Date by the aggregate Scheduled Principal Balance of the Group 5 Mortgage Loans as of the beginning of the related Due Period.

• The Group 1 Senior Certificates, the Group 2 Senior Certificates, the Group 3 Senior Certificates, the Group 4 Senior Certificates, the Group 5 Senior Certificates and the Group 6 Senior Certificates, as applicable.

• Group 1 Senior Certificates, Group 2 Senior Certificates, Group 3 Senior Certificates, Group 4 Senior Certificates and Group 5 Senior Certificates, as applicable.

• Group 5 Senior Certificates and the portions of the Subordinated Certificates related to Loan Group 5.

More Definitions of Group 5 Senior Certificates

Group 5 Senior Certificates. As set forth in the Preliminary Statement. Group 5 Senior Enhancement Percentage: For any Distribution Date, the fraction, expressed as a percentage, the numerator of which is the sum of the aggregate Class Principal Balance of the Class M Certificates and the Overcollateralization Amount (which, for purposes of this definition only, shall not be less than zero), in each case after giving effect to payments on such Distribution Date (assuming no Trigger Event has occurred), and the denominator of which is the Aggregate Loan Group Balance for Loan Group 5 for such Distribution Date.

Group 5 Senior Certificates. The Class V-A-1, Class V-A-2 and Class V-X Certificates. Group 6 Senior Certificates: The Class VI-A Certificates and Class VI-X Certificates. Group 7 Senior Certificates: The Class VII-A Certificates and Class VII-X Certificates.

Group 5 Senior Certificates. As specified in the Preliminary Statement. Index: With respect to any Interest Accrual Period for the COFI Certificates, if any, the then-applicable index used by the Trustee pursuant to Section 4.07 to determine the applicable Pass-Through Rate for such Interest Accrual Period for the COFI Certificates.

Group 5 Senior Certificates. As specified in the Preliminary Statement. Group 5 Weighted Average Initial Adjustment Date: June 2007.

Group 5 Senior Certificates. “: The Class 5-A-1, Class 5-A-2, Class 5-A-3, Class 5-A-4, Class 5-A-5, Class 5-A-6, Class 5-A-7 and Class 5-A-X Certificates. “Impac Holdings “: Impac Mortgage Holdings, Inc., an affiliate of the company and the Seller.

Group 5 Senior Certificates. The Class 5-A-1, Class 5-A-2-1, Class 5-A-2-2 and Class 5-A-3 Certificates.

Group 5 Senior Certificates. The Class II-A Certificates.