Group 2 definition
Examples of Group 2 in a sentence
Distributions on this Certificate will be made primarily from collections on the Mortgage Loans in Loan Group 2 pursuant to the terms of the Agreement.
Group 1, Sub-Groups A and B; and Group 2 3361103361101 Passenger cars and chassis Group 1, Sub-Group G 3369913369913 Motorcycles, including three-wheel motorbikes, motor scooters, mopeds, and parts Group 1, Sub-Groups C, D, E, and F; Group 3; Group 4; and Group 5 3361103361102 Trucks, truck tractors, & bus chassis 14,000 lb or less.
See the definition of “Group 1 Senior Prepayment Percentage or Group 2 Senior Prepayment Percentage”.
The pass-through rate with respect to the Class I-2B Interest and Class I-2Q Interest shall be a per annum rate equal to the Net WAC Rate for Loan Group 2.
For any Distribution Date, the product of (i) the Loan Group 2 Weighted Average Pass-Through Rate for such Distribution Date and (ii) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the related No-Delay Accrual Period.