Group II Loan Sample Clauses

A Group II Loan clause defines a specific category of loans within a broader loan agreement, typically distinguishing these loans based on certain characteristics such as risk profile, collateral, or borrower type. In practice, this clause outlines the criteria that qualify a loan as a Group II Loan, such as loans secured by particular types of assets or issued to borrowers meeting specific financial thresholds. By clearly categorizing loans, the clause helps allocate risk, set appropriate terms, and ensure that both parties understand the obligations and rights associated with this subset of loans.
Group II Loan. 29 Group II-A Loan..............................................................29 Group II-B Loan..............................................................29
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Group II Loan. 25 Group II Marker Rate.........................................................25 Group I Net WAC Cap Rate.....................................................26
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Group II Loan. 24 Group I Net Mortgage Rate.............................................................24 Group II Net Mortgage Rate............................................................24 Group I Overcollateralization Amount..................................................24 Group II Overcollateralization Amount.................................................24 Group I Standard Mortgage Rate........................................................24 Group II Standard Mortgage Rate.......................................................24 Group I Weighted Average Net Mortgage Rate............................................24 Group II Weighted Average Net Mortgage Rate...........................................24
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Group II Loan. 24 Group II Original Subordinate Principal Balance................................................. 24 Group II Premium Rate Mortgage Loans............................................................ 24
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Group II Loan. 30 Group II Net WAC Cap Rate..........................................................30 Group II Net WAC Cap Shortfall.....................................................31 Group II Net WAC Cap Shortfall Carry-Forward Amount................................31 Group II Optional Termination Date.................................................31 Group II Pool Stated Principal Balance.............................................31 Group II Senior Certificates.......................................................31
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Group II Loan. 20 Group II Original Subordinate Principal Balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 Group II Premium Rate Mortgage Loans: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
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Group II Loan. 39 Group II Subordinate Amount. . . . . . . . . . . . . 39
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Group II Loan. 15 Group I Pool Stated Principal Balance..........................................................15 Group II Pool Stated Principal Balance.........................................................15
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Group II Loan. 29 Group II Premium Rate Mortgage Loans............................ 29
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Related to Group II Loan

  • The Mortgage Pool The Series ____-__ Certificates shall evidence the entire beneficial ownership interest in a mortgage pool (the "Mortgage Pool") of conventional, fixed rate, fully amortizing one- to four-family residential mortgage loans (the "Mortgage Loans") having the following characteristics as of ________ __, ____ (the "Cut-off Date"):

  • Reduction of Servicing Compensation in Connection with Prepayment Interest Shortfalls In the event that any Mortgage Loan is the subject of a Prepayment Interest Shortfall, the Servicer shall, from amounts in respect of the Servicing Fee for such Distribution Date, deposit into the Collection Account, as a reduction of the Servicing Fee for such Distribution Date, no later than the Servicer Remittance Date immediately preceding such Distribution Date, an amount up to the Prepayment Interest Shortfall; provided that the amount so deposited shall not exceed the Compensating Interest for such Distribution Date. In case of such deposit, the Servicer shall not be entitled to any recovery or reimbursement from the Depositor, the Trustee, the Issuing Entity or the Certificateholders. 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 Certificates, pro rata based upon the amount of interest each such Class would otherwise be entitled to receive on such Distribution Date. Notwithstanding the foregoing, there shall be no reduction of the Servicing Fee in connection with Prepayment Interest Shortfalls related to the Relief Act or bankruptcy proceedings and the Servicer shall not be obligated to pay Compensating Interest with respect to Prepayment Interest Shortfalls related to the Relief Act or bankruptcy proceedings.

  • Single Loan All Loans to Borrower and all of the other Obligations of Borrower arising under this Agreement and the other Loan Documents shall constitute one general obligation of Borrower secured, until the Termination Date, by all of the Collateral.

  • Cut-Off Date Aggregate Principal Balance The Cut-Off Date Aggregate Principal Balance is $850,069,757.10

  • Mortgage Loan The appraisal was conducted by an appraiser who had no interest, direct or indirect, in the Mortgaged Property or in any loan made on the security thereof; and whose compensation is not affected by the approval or disapproval of the Mortgage Loan, and the appraisal and the appraiser both satisfy the applicable requirements of Title XI of the Financial Institution Reform, Recovery, and Enforcement Act of 1989 and the regulations promulgated thereunder, all as in effect on the date the Mortgage Loan was originated;