Examples of Group 2 Loans in a sentence
For any Distribution Date and the Class 2A-L and Class 2A-1B-L Regular Interests, a fraction, expressed as a per annum rate, the numerator of which is equal to the product of (i) the amount of interest accrued on the Group 2 Loans at the Loan Group 2 Weighted Average Pass- Through Rate for that Distribution Date less the Net Negative Amortization Amount for Loan Group 2 and (ii) 12, and the denominator of which is equal to the Loan Group 2 Balance for such Distribution Date.
The Group 2 Loans having Pass-Through Rates greater than or equal to 7.000% per annum.
The aggregate principal balance of the Group 2 Loans as of the Cut-Off Date (after giving effect to payments due on those Mortgage Loans on that date).
Xxxxxx Xxx, acting in its capacity as Trustee for the Base Trust established hereby, does hereby transfer, assign, set over and otherwise convey to Xxxxxx Mae, acting in its capacity as Trustee for the Lower Tier REMIC established hereby, all of Xxxxxx Mae’s right, title and interest in and to the Group 2 Loans, including all payments of principal and interest thereon received after the month of the Issue Date.