Group II Certificates definition

Group II Certificates. The Class A-2A, Class A-2B, Class A-2C and Class A-2D Certificates.
Group II Certificates. The Group II-A, Class II-P and Class II-X Certificates.
Group II Certificates. As specified in the Preliminary Statement.

Examples of Group II Certificates in a sentence

  • With respect to any Distribution Date, to the extent that the Prepayment Interest Shortfall exceeds Compensating Interest (such excess, a "Non-Supported Interest Shortfall"), such Non-Supported Interest Shortfall shall reduce the Current Interest with respect to each Class of Group I Certificates and Group II Certificates, pro rata based upon the amount of interest each such Class would otherwise be entitled to receive on such Distribution Date.

  • Class BF 0.00000000 0.00 2(f) Class B Applied Realized Loss for Group II Certificates: 1.

  • In no event shall Realized Losses be allocated to the Class A-1A Certificates, the Group II Certificates or the Class I Certificates.

  • Note: The Group C-B Certificates are allocated losses from mortgage loans in loan groups I and II; consequently, disproportionately high special hazard, bankruptcy or fraud losses experienced by one loan group could adversely impact protection to unrelated Group I or Group II Certificates for these types of losses.

  • The Trustee shall include in its Monthly Statement amounts allocated to the relevant Group II Certificates and Class I-R-2 Certificates and Class I-R-3 Certificates, taking into account the priorities described in the second preceding sentence.


More Definitions of Group II Certificates

Group II Certificates. Any Class II-A1 Certificate, Class II-A2 Certificate, Class II-A3 Certificate or Class II-A4 Certificate.
Group II Certificates. Any of the Class IIA-1, Class IIA-2, Class IIM-1, Class IIM-2, Class IIB, Class IIL and Class IIP Certificates.
Group II Certificates. The Class A-7 Certificates.
Group II Certificates. The Class II-A-1, Class II-A-2, Class II-M-1, Class II-M-2, Class II-B and Class II-X Certificates.
Group II Certificates. The Class AV-1 Certificates.
Group II Certificates. The Class NB-I Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed to the Standard Terms as Exhibit A, each such Certificate evidencing an interest designated as a "regular interest" in REMIC II for purposes of the REMIC Provisions and representing an undivided interest in Loan Group II.