Group V definition

Group V. With respect to the Mortgage Loans, the pool of fixed rate Mortgage Loans identified in the related Mortgage Loan Schedule as having been assigned to Group V or with respect to the Certificates, as set forth in the Preliminary Statement.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Group V. With respect to the Mortgage Loans, the pool of adjustable rate Mortgage Loans identified in the related Mortgage Loan Schedule as having been assigned to Group V or with respect to the Certificates, the Class V-A-1 Certificates.

Group V. The aggregate of the Mortgage Loans identified on Schedule I as being included in Group V.

Examples of Group V in a sentence

• The parties strongly urge firm and consistent enforcement of the appropriate disciplinary action with regard to assault on any employee and the other violations cited in Group V and VI of the Code of Student Conduct.

• Employees who perform semi-skilled work including the operation of mechanized equipment such as trucks, plows, light-graders, backhoes, etc., will be paid Group V Emergency Rate (Code 5).

• No appointments, promotions or reclassifications into Group V will occur.

• It is agreed that employees employed in Groups 1 to IV will not be laid off or sent home so that employees in Group V can be given the opportunity to operate their equipment on an extended basis.

• On any Distribution Date on which the aggregate Stated Principal Balance of the Group V Mortgage Loans is equal to 5% or less of the aggregate Stated Principal Balance of the Group V Mortgage Loans as of the Cut-off Date, the Terminating Entity will have the option to repurchase, in whole, from the Trust Fund all remaining Group V Mortgage Loans and all property acquired in respect of such Mortgage Loans at a purchase price determined as provided in the Agreement.

• Group V, VI and VII Para-professionals will work one (1) day beyond student days at the start of the school year.

• It is understood that Group V employees may operate equipment such as the Bobcat for the purpose of learning or instruction, or may operate it on an intermittent basis.

• For purposes of calculating the reduction of the Interest Distribution Amount for each Class of Group C-B Certificates with respect to Loan Group I, Loan Group II, Loan Group III, Loan Group IV or Loan Group V such reduction shall be based on the amount of interest accruing at the Net WAC Rate for such Loan Group on such Class’ proportionate share, based on the Class Principal Balance of the related Subordinate Component Balance for that Distribution Date.

• Such optional repurchase may be made only if on such Distribution Date the aggregate Stated Principal Balance of the Group V Mortgage Loans is less than or equal to 10% of the aggregate Stated Principal Balance of the Group V Mortgage Loans at the Cut-off Date.

• The parties agree to undertake a comprehensive study of the differences between the wages and wage equivalents of Association members and police officers in ▇▇▇▇▇▇▇ Group V Communities and the University of Minnesota (the "comparison groups").

More Definitions of Group V

Group V. With respect to the Mortgage Loans, the pool of adjustable rate Mortgage Loans identified in the related Mortgage Loan Schedule as having been assigned to Group VA and Group VB or with respect to the Certificates, the Group V Certificates. Group V Certificates: The Class V-A-1, Class V-A-2, Class V-A-3, Class V-A-4, Class V-A-5, Class V-M-1, Class V-M-2, Class V-M-3 and Class V-X Certificates.

Group V means prepared radiopharmaceuticals for certain therapeutic uses that normally require hospitalization for purposes of radiation safety. With respect to uses that normally require hospitalization, group V shall refer to unsealed byproduct material specified in 10 CFR 35.300, which is adopted by reference in K.A.R. 28-35-264 [p.291].

Group V. The Group V-A Certificates and the Class V-A-PO Component.