Group 2 SMBS definition

Group 2 SMBS. The Trust SMBS identified as such in the Xxxxxx Xxx Security Schedule.
Group 2 SMBS. As specified in the Prospectus Supplement. Group 3 Classes: As specified in the Prospectus Supplement. Group 3 SMBS: As specified in the Prospectus Supplement.

Examples of Group 2 SMBS in a sentence

  • To learn more about the Group 2 SMBS, the Group 2 Underlying REMIC Certificate and the Group 3 Underlying RCR Certificate, you should obtain from us the current class factors and the related disclosure documents as described on page S-3.

  • Characteristics of the Group 2 SMBS, the Group 2 Underlying REMIC Certificate and the Group 3 Underlying RCR CertificateExhibit A describes the Group 2 SMBS, the Group 2 Underlying REMIC Certificate and the Group 3 Underlying RCR Certificate, including certain information about the related mortgage loans.

  • Characteristics of the Group 2 SMBS and Underlying REMIC Certificates and the Group 5 Underlying RCR CertificateExhibit A describes the Group 2 SMBS and Underlying REMIC Certificates and the Group 5 Underlying RCR Certificate, including certain information about the related mortgage loans.

  • H Pay ClassesThe ‘‘BZ Accrual Amount’’ is any interest then accrued and added to the principal balance of the BZ Class.The ‘‘Group 1 Cash Flow Distribution Amount’’ is the principal then paid on the Group 1 Underlying RCR Certificate.) Group 2 The Group 2 Principal Distribution Amount to FE and EF, pro rata, until retired.E Pass-ThroughF ClassesHThe ‘‘Group 2 Principal Distribution Amount’’ is the principal then paid on the Group 2 SMBS.

  • Xxxxxx Xxx, acting in its corporate capacity, does hereby irrevocably transfer, assign, set over and otherwise convey to Xxxxxx Mae, acting in its capacity as Trustee for Lower Tier REMIC I established hereby, all of Xxxxxx Mae’s right, title and interest in and to the Group 1 SMBS, Group 2 SMBS, Group 4 MBS, Group 5 MBS and Group 6 SMBS identified in Exhibit A hereto, including all payments of principal and interest thereon received after the month of the Issue Date.

  • The reforms will lead to additional benefits and savings associated with fiscal discipline and with improvements in core budgetary and fiscal risk management within MOF.

  • Group 3 MBS Assumed Characteristics of the Mortgage Loans Underlying the Trust MBS and the SMBS (as of September 1, 2002) * The Group 2 SMBS will represent ownership of (i) interest payments at a pass-through rate of 6.0% on an initial notional principal amount of $99,115,232 and (ii) principal payments on an initial principal amount of $66,076,821 of MBS.

  • Xxxxxx Mae shall deposit (i) in the Lower Tier REMIC 1 Account all Security Distributions attributable to the Group 1 MBS, Group 3 SMBS and Group 5 SMBS and (ii) in the Lower Tier REMIC 2 Account all Security Distributions attributable to the Group 2 SMBS.

  • Xxxxxx Mae, acting in its corporate capacity, does hereby transfer, assign, set over and otherwise convey to Xxxxxx Xxx, acting in its capacity as Trustee for Lower Tier REMIC I established hereby, all of Xxxxxx Mae’s right, title and interest in and to the Group 1 MBS and Group 2 SMBS identified in Exhibit A hereto, including all payments of principal and interest thereon received after the month of the Issue Date.

  • Xxxxxx Xxx shall deposit in the Certificate Account all Security Distributions with respect to the Group 1 SMBS, Group 2 SMBS, Group 4 MBS, Group 5 MBS and Group 6 SMBS received by it as Trustee hereunder.

Related to Group 2 SMBS

  • Group 2 Senior Certificates As specified in the Preliminary Statement.

  • Group 1 Senior Certificates As specified in the Preliminary Statement.

  • Group 2 All of the Group 2 Certificates.

  • Group 3 Senior Certificates As specified in the Preliminary Statement.

  • Group 3 All of the Group 3 Certificates.

  • Loan Group 3 The Group 3 Mortgage Loans.

  • Group 1 All of the Group 1 Certificates.

  • Group II Senior Certificates As specified in the Preliminary Statement.

  • Group 4 All of the Group 4 Certificates.

  • Group I Senior Certificates As specified in the Preliminary Statement.

  • Loan Group 2 All Mortgage Loans identified as Loan Group 2 Mortgage Loans on the Mortgage Loan Schedule.

  • Senior Certificates As specified in the Preliminary Statement.

  • Loan Group 1 All Mortgage Loans identified as Loan Group 1 Mortgage Loans on the Mortgage Loan Schedule.

  • Group II Senior Percentage For any Distribution Date, the lesser of (i) 100% and (ii) the aggregate Class Principal Balance of the Group II-A and Residual Certificates divided by the aggregate Class Principal Balance of the Group II Loans (exclusive of the Class II-P Fraction thereof, with respect to any Class II-P Mortgage Loan), in each case immediately before such Distribution Date.

  • Group 2 Senior Principal Distribution Amount For any Distribution Date, an amount equal to the sum of (a) the Group 2 Senior Percentage of the Principal Payment Amount for Loan Group 2, (b) the Group 2 Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group 2 and (c) the Group 2 Senior Liquidation Amount.

  • Loan Group Balance As to each Loan Group, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Loan Group that were Outstanding Mortgage Loans at the time of determination.

  • Group I means Series 1997-1 and each other Series specified in the related Supplement to be included in Group I.

  • Group I Senior Percentage As of each Distribution Date, the lesser of 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Group I Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) in Loan Group I immediately prior to such Distribution Date.

  • Loan Group II The group of Mortgage Loans identified in the Mortgage Loan Schedule as having been assigned to Loan Group II.

  • Group 2 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 2 Mortgage Loans.

  • Group II means Series 2019-4 and each other Series specified in the related Supplement to be included in Group II.

  • Senior Certificate Group As specified in the Preliminary Statement.

  • Loan Group III The group of Mortgage Loans identified in the Mortgage Loan Schedule as having been assigned to Loan Group III.