Loan Group 2 definition

Loan Group 2. Collectively, all of the Mortgage Loans that are Group 2 Mortgage Loans and any successor REO Loans with respect thereto.

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.
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.
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.
Distributions on this Certificate will be made primarily from collections on the Mortgage Loans in Loan Group 1 and Loan Group 2 pursuant to the terms of the Agreement.
For the avoidance of doubt, through the Maturity Date, a Calculated Tranche Write-up Amount for Loan Group 2 may be applied to any Group 2 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).

Loan Group 2. The group of Mortgage Loans designated as belonging to Loan Group 2 on the Mortgage Loan Schedule.

Loan Group 2. The aggregate of the Mortgage Loans identified on Schedule I as being included in Loan Group 2.

Loan Group 2. All Mortgage Loans that have Mortgage Rates that are adjustable.

Loan Group 2 means the Reference Obligations relating to the Class 2M-1 and Class 2M-2 Notes.

Loan Group 2. The pool of Mortgage Loans identified in the Mortgage Loan Schedule as having been assigned to Loan Group 2.