Collateral Group definition

Collateral Group. Any of Collateral Group 1, Collateral Group 2 or Collateral Group 3, as applicable.

Examples of Collateral Group in a sentence

  • The allocation of a Pool 1 Mortgage Loan to Collateral Group 1 or Collateral Group 2 shall not change based on a modification to the Net Mortgage Rate of such Mortgage Loan subsequent to the Cut-off Date.

  • On each Distribution Date, the portion of each Realized Loss on a Mortgage Loan that exceeds the outstanding principal amount of such Mortgage Loan shall be allocated pro rata to the related Collateral Group or Groups, on the basis of the amount of interest due to such Collateral Group from such Mortgage Loan.

  • The allocation of a Mortgage Loan to Collateral Group 1 or Collateral Group 2 shall not change based on a modification to the Net Mortgage Rate of such Mortgage Loan subsequent to the Cut-off Date.

  • The Subsidiary REMIC shall consist of all of the assets constituting the Trust Fund corresponding to Collateral Group 1 and Collateral Group 2, (exclusive of the Class P Prepayment Charges) and shall be evidenced by the uncertificated interests set forth below that shall be designated as REMIC regular interests (the “Subsidiary REMIC Regular Interests”).

  • The sum of the Group Subordinate Amounts for all Collateral Groups (other than Collateral Group P) as of the Cut-off Date.


More Definitions of Collateral Group

Collateral Group. Any of Collateral Groups 1, 2, 3, 4 or P.
Collateral Group. With respect to any Series, a group of one or more outstanding Certificates and/or any other assets which may be included in the Trust Estate securing such Series which have the characteristics described in the related Series Supplement.
Collateral Group. The Mortgage Loans in Subgroup [ ] and Subgroup [ ] or portions thereof that have been stripped to an Effective Net Rate of [ ]%.
Collateral Group. Any of Collateral Groups PO, 1A or 1B.
Collateral Group. Any of Cxxxxxxxxx Xxxxxx XX0, XX0, XX0, 1, 2, 3, 4, 5, 7, 8, 9, 10, 11 or 12.
Collateral Group. Any of Xxxxxxxxxx Xxxxxx XX0, XX0, XX0, 1, 2, 3A, 3B or 4.