Fixed Rate Group definition

Fixed Rate Group. The group of Mortgage Loans indicated on the Mortgage Loan Schedule as belonging to the Fixed Rate Group.
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Fixed Rate Group. The pool of Home Equity Loans identified in the related Schedule of Home Equity Loans as having been assigned to the Fixed Rate Group in Schedule I-A hereto or Schedule 1-A of a Subsequent Transfer Agreement, including any Qualified Replacement Mortgage delivered in replacement thereof.
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Fixed Rate Group. The pool of Mortgage Loans identified in the related Schedule of Mortgage Loans as having been assigned to the Fixed Rate Group in Schedule l-A hereto, including any Qualified Replacement Mortgage Loans delivered in replacement thereof.
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Examples of Fixed Rate Group in a sentence

  • The certificates will be issued in classes as follows: (i) a senior class with respect to each Mortgage Loan Group consisting of the Class A-1 Fixed Rate Group Certificates (the "Class A-1 Certificates") and the Class A-2 Variable Rate Group Certificates (the "Class A-2 Certificates" and collectively with the Class A-1 Certificates, the "Class A Certificates") and (ii) a residual class (the "Class R Certificates").

  • A letter summarizing the outcome of each committee will be sent to the faculty member by the date outlined in the according to the timeline outlined in the current edition of NDSU Guidelines for Promotion and Tenure (Office of the Provost, Annual Distribution).

  • With respect to each Distribution Date, not later than the fifth Business Day prior to the related Deposit Date the Servicer shall deliver to the Trustee a computer-readable magnetic tape containing the Servicer Remittance Report relating to the Fixed Rate Group and the Servicer Remittance Report relating to the Adjustable Rate Group detailing the payments and collections received in respect of the Mortgage Loans in the related Mortgage Loan Group during the immediately preceding Collection Period.

  • The Trustee shall hold the Fixed Rate Group Capitalized Interest Account Deposit for the benefit of the Fixed Rate Group Certificateholders and the Adjustable Rate Group Capitalized Interest Account Deposit for the benefit of the Adjustable Rate Group Certificateholders.

  • The Class M-_ Certificates are limited in right of payment to certain payments on and collections in respect of the Mortgage Loans in the Fixed Rate Group, as more specifically set forth in the Agreement.

  • No later than the Closing Date, the Trustee will deposit in the Prefunding Account: (i) the Fixed Rate Group Prefunding Account Deposit from the proceeds of the sale of the Fixed Rate Group Certificates and (ii) the Adjustable Rate Group Prefunding Account Deposit from the proceeds of the sale of the Adjustable Rate Group Certificates.

  • On each Distribution Date, based on the information furnished by the Servicer, the Trustee shall determine the total Applied Realized Loss Amounts for the Fixed Rate Group for such Distribution Date.

  • Any Subsequent Home Equity Loan transferred shall be included in one and only one of either the Fixed Rate Group or the Adjustable Rate Group.

  • If on any Distribution Date the Senior Percentage applicable to the Fixed Rate Group Senior CertiÑcates or ARM Group Senior CertiÑcates exceeds the initial Senior Percentage applicable to that Group, the Senior Prepayment Percentage applicable to that Group for that Distribution Date will equal 100%.

  • Solely for U.S. federal income tax purposes, this Certificate represents (i) a beneficial interest in a "regular interest" in a "real estate mortgage investment conduit" as those terms are defined, respectively, in Sections 860G and 860D of the Internal Revenue Code of 1986, as amended, and (ii) the right to receive payments in respect of Fixed Rate Group 1 Interest Carryovers.


More Definitions of Fixed Rate Group

Fixed Rate Group. The group of Initial Mortgage Loans comprised of fixed rate mortgage loans identified in the Mortgage Loan Schedule as having been assigned to the Fixed Rate Group and any Subsequent Mortgage Loans identified in a Subsequent Transfer Agreement as having been assigned to the Fixed Rate Group, including any Qualified Replacement Mortgage Loans delivered in replacement thereof.
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Fixed Rate Group means the Group of fixed rate Mortgage Loans, which are listed on Exhibit A hereto.
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Fixed Rate Group. The Subsidiary REMIC Interests 1, 2 and 3 which are comprised of the pool of Mortgage Loans identified in the related Schedule of Mortgage Loans as having been assigned to the Fixed Rate Group in Schedule l-A hereto, including any Qualified Replacement Mortgages delivered in replacement thereof.
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Fixed Rate Group. The pool of Mortgage Loans identified in the related Schedule of Mortgage Loans as having been assigned to the Fixed Rate Group in Schedule 1-A hereto, including any Qualified Replacement Mortgages delivered in replacement thereof. The beneficial ownership of the Fixed Rate Group is evidenced by Subsidiary REMIC Interest 1 and the SR Interest.
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Fixed Rate Group. The pool of Mortgage Loans which have fixed Mortgage Interest Rates and are identified in the Mortgage Loan Schedule as having been assigned to the Fixed Rate Group, including any Qualified Replacement Mortgages assigned to the Fixed Rate Group.
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Fixed Rate Group. The portion of the pool of Home Equity Loans conveyed ---------------- pursuant to Section 2.1(a) hereof consisting of Fixed Rate Loans.
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Related to Fixed Rate Group

  • Fixed Rate Period has the meaning set forth in Section 2.5(b)(i) hereof.

  • Floating Rate Period has the meaning set forth in section 2.5(b)(ii) hereof.

  • Fixed Rate Interest Period means the period beginning on (and including) the Issue Date and ending on (but excluding) the first Fixed Rate Interest Payment Date, and each successive period beginning on (and including) a Fixed Rate Interest Payment Date and ending on (but excluding) the next succeeding Fixed Rate Interest Payment Date.

  • Floating Rate Option has the meaning given to it in the ISDA Definitions;

  • Floating Rate Interest Period means, during the Floating Rate Period, the period beginning on (and including) a Floating Rate Period Interest Payment Date and ending on (but excluding) the next succeeding Floating Rate Period Interest Payment Date; provided that the first Floating Rate Interest Period will begin on (and include) April 18, 2025 and will end on (but exclude) the first Floating Rate Period Interest Payment Date.

  • Floating Rate Classes The Classes designated as either “Floating Rate” or “Inverse Floating Rate” in the Prospectus Supplement.

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • Initial Fixed Rate Period means the period commencing on the Issue Date and ending on and including June 30, 2020.

  • Fixed Rate Term means a period commencing on a Business Day and continuing for 1, 2 or 3 months, as designated by Borrower, during which all or a portion of the outstanding principal balance of this Note bears interest determined in relation to LIBOR; provided however, that no Fixed Rate Term may be selected for a principal amount less than $100,000.00; and provided further, that no Fixed Rate Term shall extend beyond the scheduled maturity date hereof. If any Fixed Rate Term would end on a day which is not a Business Day, then such Fixed Rate Term shall be extended to the next succeeding Business Day.

  • Fixed Rate Calculation Date means, for any Subsequent Fixed Rate Period, the 30th day prior to the first day of such Subsequent Fixed Rate Period.

  • Base Rate Term Loan means a Term Loan that is a Base Rate Loan.

  • Floating Rate Convention means that each relevant date shall be the date which numerically corresponds to the preceding such date in the calendar month which is the number of months specified in the applicable Final Terms as the Specified Period after the calendar month in which the preceding such date occurred; provided, however, that:

  • Quarterly Floating Rate Period means, for the initial Quarterly Floating Rate Period, the period commencing on March 20, 2020 and ending on and including June 19, 2020, and thereafter the period from and including the day immediately following the end of the immediately preceding Quarterly Floating Rate Period to but excluding the next succeeding Quarterly Commencement Date.

  • Fixed Rate Advance means an Advance which bears interest at a Fixed Rate.

  • Floating Rate Advance means an Advance which bears interest at the Floating Rate.

  • Interest Rate Period means that period of time for which the interest rate with respect to the Bonds has been determined by the Remarketing Agent or otherwise as provided in the definition of the applicable Interest Rate Mode, commencing on the applicable Interest Rate Adjustment Date, and terminating on the day immediately preceding the following Interest Rate Adjustment Date, if any.

  • Fixed Rate Advances has the meaning specified in Section 2.03(a)(i).

  • Special Rate Period with respect to the VRDP Shares, has the meaning specified in paragraph (a) of Section 4 of Part I of the Articles Supplementary.

  • Interest Rate Option means any LIBOR Rate Option or Base Rate Option.

  • Subsequent Fixed Rate Period means for the initial Subsequent Fixed Rate Period, the period commencing on April 1, 2022 and ending on and including March 31, 2027 and for each succeeding Subsequent Fixed Rate Period, the period commencing on the day immediately following the end of the immediately preceding Subsequent Fixed Rate Period and ending on and including March 31 in the fifth year thereafter.

  • Weekly Rate Period means any period of time during which a Group of 2020 Series D Variable Rate Bonds bears interest at the Weekly Rate.

  • Floating Rate Security means a Debt Security that provides for the payment of interest at a variable rate determined periodically by reference to an interest rate index specified pursuant to Section 2.03.

  • Fixed Interest Period means the period from (and including) an Interest Payment Date (or the Interest Commencement Date) to (but excluding) the next (or first) Interest Payment Date; and

  • Fixed Rate Period Remaining Life means, with respect to any Debenture, the period from the Special Redemption Date for such Debenture to the Interest Payment Date in December 2010.

  • LIBOR Rate Option means the option of the Borrower to have Loans bear interest at the rate and under the terms set forth in Section 4.1.1(a)(ii) [Revolving Credit LIBOR Rate Option].

  • Floating Rate Margin means 7.50 per cent. per annum.