Examples of Loan Group 1 in a sentence
Distributions on this Certificate will be made primarily from collections on the Mortgage Loans in Loan Group 1 pursuant to the terms of the Agreement.
The pass-through rate with respect to the Class I-1B Interest and Class I-1Q Interest shall be a per annum rate equal to the Net WAC Rate for Loan Group 1.
Group 1 Senior Certificates and the portions of the Subordinated Certificates related to Loan Group 1.
For the avoidance of doubt, through the Maturity Date, a Calculated Tranche Write-up Amount for Loan Group 1 may be applied to any Group 1 Reference Tranche whose Class Notional Amount has previously been reduced to zero (until the cumulative Calculated Tranche Write-up Amount allocated to such Class is equal to the cumulative Calculated Tranche Write-down Amount previously allocated to such Class).
The "Group 1 Applicable Severity" with respect to any Payment Date and Loan Group 1, is a percentage equalCumulative Net Credit Event Percentageto: to: (a) the sum of (i) the product of 10% and the 10% Severity Tier Percentage, (ii) the product of 20% and the 20% Severity Tier Percentage, and (iii) the product of 40% and the 40% Severity Tier Percentage; divided by (b) the sum of the 10% Severity Tier Percentage, the 20% Severity Tier Percentage, and the 40% Severity Tier Percentage.