Examples of Loan 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.
Represents the initial subordination and initial credit enhancement of such Group 2 Reference Tranches, which is equal to the percentage of the Loan Group 2 Cut-off Date Balance represented by the aggregate initial Class Notional Amount of the Group 2 Reference Tranches subordinate to the subject Group 2 Reference Tranches.
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.
The "Group 2 Senior Percentage" with respect to any Payment Date and the Group 2 Notes, is the percentage equivalent of a fraction, the numerator of which is the Class Notional Amount of the Class 2A-H Reference Tranche immediately prior to such Payment Date and the denominator of which is the aggregate unpaid principal balance of the Reference Obligations in Loan Group 2 at the end of the previous Reporting Period.
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.