Common use of The Mortgage Pool Clause in Contracts

The Mortgage Pool. The Series 1999-21 Certificates shall evidence the entire beneficial ownership interest in a mortgage pool (the "Mortgage Pool") of conventional, fixed-rate, first-lien, fully-amortizing, one- to four-family residential mortgage loans (the "Mortgage Loans") having the following characteristics as of November 1, 1999 (the "Cut-off Date"): (a) Aggregate Principal Amount of the Mortgage Pool: $173,633,497 aggregate principal balance as of the Cut-off Date, subject to a permitted variance such that the aggregate original Certificate Principal Balance will be not less than $166,250,000 or greater than $183,750,000. (b)

Appears in 2 contracts

Samples: Terms Agreement (Ge Capital Mortgage Services Inc), Terms Agreement (Ge Capital Mortgage Services Inc)

AutoNDA by SimpleDocs

The Mortgage Pool. The Series 19991998-21 13 Certificates shall evidence the entire beneficial ownership interest in a mortgage pool (the "Mortgage Pool") of conventional, fixed-rate, first-lien, fully-amortizing, one- to four-family residential mortgage loans (the "Mortgage Loans") having the following characteristics as of November August 1, 1999 1998 (the "Cut-off Date"): (a) Aggregate Principal Amount of the Mortgage Pool: $173,633,497 901,613,269.65 aggregate principal balance as of the Cut-off Date, subject to a permitted variance such that the aggregate original Certificate Principal Balance will be not less than $166,250,000 855,000,000 or greater than $183,750,000945,000,000. (b)

Appears in 1 contract

Samples: Terms Agreement (Ge Capital Mortgage Services Inc)

AutoNDA by SimpleDocs

The Mortgage Pool. The Series 19991998-21 17 Certificates shall evidence the entire beneficial ownership interest in a mortgage pool (the "Mortgage Pool") of conventional, fixed-rate, first-lien, fully-amortizing, one- to four-family residential mortgage loans (the "Mortgage Loans") having the following characteristics as of November October 1, 1999 1998 (the "Cut-off Date"): (a) Aggregate Principal Amount of the Mortgage Pool: $173,633,497 521,884,655 aggregate principal balance as of the Cut-off Date, subject to a permitted variance such that the aggregate original Certificate Principal Balance will be not less than $166,250,000 494,791,700 or greater than $183,750,000. (b)546,875,000.

Appears in 1 contract

Samples: Terms Agreement (Ge Capital Mortgage Services Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.