Common use of Group I Certificates Clause in Contracts

Group I Certificates. (i) Realized Losses with respect to a Group I Mortgage Loan will be allocated on a pro rata basis between the related PO Percentage of the Scheduled Principal Balance of such Group I Mortgage Loan and the related Non-PO Percentage of such Scheduled Principal Balance.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement, Servicing Agreement (Prime Mortgage Trust 2005-5)

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Group I Certificates. (i) Realized Losses with respect to a Group I Mortgage Loan will be allocated on a pro rata basis between the related PO Percentage of the Scheduled Principal Balance of such Group I Mortgage Loan and the related Non-PO Percentage of such Scheduled Principal Balance.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Prime Mortgage Trust 2005-4), Pooling and Servicing Agreement (Prime Mortgage Trust, Mortgage Pass-Through Certificates, Series 2005-2)

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