A-1 Certificates definition

A-1 Certificates. The Certificates designated as “Class 1-A-1” on the face thereof in substantially the form attached hereto as Exhibit A.

A-1 Certificates. All Certificates bearing the class designation of "Class A-1 Certificates".

A-1 Certificates. All Certificates bearing the Class designation of "Class 1-A-1 Certificates" representing the right to distributions as set forth herein and therein and representing a regular interest in REMIC II for purposes of the REMIC Provisions.

A-1 Certificates. The Certificates designated as "Class II- A-1" on the face thereof in substantially the form attached hereto as Exhibit A. Class II-A-1-L Regular Interest: The uncertificated partial undivided beneficial ownership interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as set forth herein. Class II-P Fraction: For each Class II-P Mortgage Loan, a fraction, the numerator of which is 7.000% less the Pass-Through Rate on such Class II-P Mortgage Loan and the denominator of which is 7.000%. Class II-P Mortgage Loan: Any Group II Loan with a Pass-Through Rate of less than 7.000% per annum. Class II-X Certificates: The Certificates designated as "Class II- X" on the face thereof in substantially the form attached hereto as Exhibit A. Class II-X Notional Amount: With respect to any Distribution Date, the product of (x) the aggregate scheduled principal balance, as of the second preceding Due Date after giving effect to payments scheduled to be received as of such Due Date, whether or not received (and after giving effect to Principal Prepayments, Monthly P&I Advances and the principal portion of Realized Losses applied prior to such Due Date), or with respect to the initial Distribution Date, as of the Cut-Off Date, of the Group II Premium Rate Mortgage Loans and (y) a fraction, the numerator of which is the weighted average of the Stripped Interest Rates for the Group II Premium Rate Mortgage Loans as of such Due Date and the denominator of which is 7.000%. Class II-X-L Regular Interest: The uncertificated partial undivided beneficial ownership interest in REMIC II which constitutes a REMIC II Regular Interest and is entitled to distributions as set forth herein. Class II-X-M Regular Interest: The uncertificated partial undivided beneficial ownership interest in REMIC I which constitutes a REMIC I Regular Interest and is entitled to distributions as set forth herein. Class III-A-1 Certificates: The Certificates designated as "Class