FIRREA. The Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as amended and in effect from time to time.
FIRREA. The Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as amended from time to time. Xxxxxxx Mac: Xxxxxxx Mac, or any successor thereto.
FIRREA. Party A, if an FDIC-insured depository institution, represents that (i) this Annex has been executed and delivered by a duly appointed or elected and authorized officer of Party A of the level of vice president or higher and (ii) Party A has taken all necessary action to authorize the execution, delivery and performance of this Annex.
FIRREA. “FIRREA” means the Financial Institutions Reform, Recovery And Enforcement Act of 1989, as amended from time to time.
FIRREA. The Financial Institutions Reform, Recovery, and Enforcement Act of 1989. First Stepdown Date ------------------- The earlier to occur of the Stepdown Date for the Class AF Certificates or the Stepdown Date for the Class AV-1 Certificates. FNMA ---- Fannie Mae, a federally chartered and privately owned corporatixx xxxaxxxed and existing under the Federal National Mortgage Association Charter Act, or any successor thereto. Group ----- Either the Group I Loans or the Group II Loans, as the case may be.
FIRREA. The Financial Institutions Reform, Recovery, and Enforcement Act of 1989. Fitch: Fitch Investors Services, Inc.
FIRREA. The Financial Institutions Reform, Recovery, and Enforcement Act of 1989. Fixed Class AF Cap ------------------ The Net WAC Cap with respect to the Class AF-2, Class AF-3, Class AF-4, Class AF-5 and Class AF-6 Certificates. Fixed Rate Certificates ----------------------- The Class AF-2, Class AF-3, Class AF-4, Class AF-5, Class AF-6, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-6 Certificates. FNMA ---- Xxxxxx Xxx, a federally chartered and privately owned corporation organized and existing under the Federal National Mortgage Association Charter Act, or any successor thereto. Group ----- Any of the Group I Loans, the Group II Loans, the Group II-A Loans or the Group II-B Loans, as the case may be. Group I Interest Remittance Amount ---------------------------------- With respect to any Determination Date, the sum, without duplication, of (a) all interest collected or advanced on the Group I Loans during the related Due Period and (b) the portion of any Substitution Adjustment Amount, Termination Price, Purchase Price, or Liquidation Proceeds, relating to interest with respect to the Group I Loans and received during the related Prepayment Period. Group I Loans ------------- The mortgage loans identified as such on the Loan Schedule as of the Closing Date. Group II-A Interest Remittance Amount ------------------------------------- With respect to any Determination Date, the sum, without duplication, of (a) all interest collected or advanced on the Group II-A Loans during the related Due Period and (b) the portion of any Substitution Adjustment Amount, Termination Price, Purchase Price, or Liquidation Proceeds, relating to interest with respect to the Group II-A Loans and received during the related Prepayment Period. Group II-A Trigger Event ------------------------ With respect to any Distribution Date, if (a) on any Distribution Date prior to the Stepdown Date, the aggregate amount of Realized Losses incurred since the Cut-off Date through the last day of the related Due Period divided by the Cut-off Date Pool Principal Balance exceeds 1.25% or (b) on any Distribution Date on or after the Stepdown Date, a Trigger Event is in effect. Group II-B Interest Remittance Amount ------------------------------------- With respect to any Determination Date, the sum, without duplication, of (a) all interest collected or advanced on the Group II-B Loans during the related Due Period and (b) the portion of any Substitution Adjustment Amount, Termin...
FIRREA. Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (12 U.S.C. 3331 et seq.), as amended from time to time.
FIRREA. Upon request by the Agent and the Required Lenders, the ------ Company shall, at the Company's expense and within sixty (60) days after the Effective Date, deliver to the Agent appraisals for real estate located in the United States to the extent required by and in compliance with FIRREA which appraisals shall be performed by an appraiser engaged directly by the Agent and having no direct or indirect interest, financial or otherwise, in the properties appraised or in the transaction which appraiser shall be reasonably acceptable to the Company.
FIRREA. The Financial Institutions Reform, Recovery, and Enforcement Act ------ of 1989, and all rules, regulations, judgments, decrees, and orders arising thereunder, as each may be amended or restated and in effect from time to time. Foreign Person Acts and Regulations. See (S)14.17. ----------------------------------- Foreign Transferee. See (S)14.17. ------------------
