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Common use of No Group Clause in Contracts

No Group. II-A Loan originated on or after October 1, 2002 has a prepayment penalty longer than three years after its origination and no Group II-A Loan originated prior to October 1, 2002 has a prepayment penalty longer than five years after its origination.

Appears in 5 contracts

Sources: Pooling and Servicing Agreement (Popular ABS Mortgage Pass-Through Trust 2005-5), Pooling and Servicing Agreement (Equity One Mortgage Pass-Through Trust 2004-2), Pooling and Servicing Agreement (Equity One Abs Inc Mortgage Pass-Through Certificates Series 2004-3)

Parent Clauses

  • BUYER’S REPRESENTATIONS AND WARRANTIES
  • Representations and Warranties of the Company
  • Representations, Warranties and Covenants of Purchasers
  • Miscellaneous
  • Representations, Warranties and Covenants of the Purchaser

Sub-Clauses

  • Notice of Adjustment
  • Registration Rights
  • Charges, Taxes and Expenses
  • Notices
  • Severability
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