Loan Group 5 definition

Loan Group 5. The Group 5 Mortgage Loans.
Loan Group 5. All Mortgage Loans identified as Loan Group 5 Mortgage Loans on the Mortgage Loan Schedule.
Loan Group 5. The group of Mortgage Loans designated as belonging to Loan Group 5 on the Mortgage Loan Schedule.

Examples of Loan Group 5 in a sentence

  • Distributions on this Certificate will be made primarily from collections on the Mortgage Loans in Loan Group 5 pursuant to the terms of the Agreement.

  • The pass-through rate with respect to the Class I-5B Interest and Class I-5Q Interest shall be a per annum rate equal to the Net WAC Rate for Loan Group 5.

  • For each Distribution Date, interest will accrue at a per annum rate equal to the weighted average (based on the Group Subordinate Amount for each Loan Group) of (i) 6.00% per annum for Loan Group 1, Loan Group 2, Loan Group 3, Loan Group 4, Loan Group 5, Loan Group 6 and Loan Group 7 and (ii) 5.25% per annum for Loan Group 8.

  • As of any date, the aggregate principal balance of the Class 5-L Interest and the Class 5-LS Interest shall equal the aggregate Pool Stated Principal Balance (Non-PO Portion) of Loan Group 5.

  • Exhibit D-5 Mortgage Loan Schedule (Loan Group 5).......................


More Definitions of Loan Group 5

Loan Group 5. The aggregate of the Mortgage Loans identified on Schedule I as being included in Loan Group 5.
Loan Group 5. At any time, the Group 5 Mortgage Loans in the aggregate and any REO Properties acquired in respect thereof.
Loan Group 5. As of the Cut-Off Date, consists of all of the Pool 3 Mortgage Loans.
Loan Group 5. As of the Cut-Off Date, consists of (a) a portion of each Pool 2 Mortgage Loan with a Net Mortgage Rate greater than 5.50% per annum and less than 6.00% per annum, equal to: The Stated Principal Balance of such Mortgage Loan x (Net Mortgage Rate − 5.50%) 0.50% and (b) 100% of the principal balance of each Pool 2 Mortgage Loan with a Net Mortgage Rate greater than or equal to 6.00% per annum.
Loan Group 5. All Mortgage Loans identified as Loan Group 5 Mortgage Loans on the Mortgage Loan Schedule. Marker Rate: With respect to the Class 5-X Certificates and the REMIC II Regular Interests LT1, LT2, LT3 and LT4 and any Distribution Date, a per annum rate equal to two (2) times the weighted average of the Uncertificated REMIC II Pass-Through Rates for REMIC II Regular Interest LT2 and REMIC II Regular Interest LT3. Master Servicer: Xxxxx Fargo.
Loan Group 5. Sub-Account," "Loan Group 6 Sub-Account," "Loan Group 7 Sub-Account," "Loan Group 8 Sub-Account" and "Loan Group 9 Sub-Account") and one for each of the CB Lower-Tier Certificate Sub-Account, the DB Lower-Tier Certificate Sub-Account, the Middle-Tier Certificate Sub-Account and the Upper-Tier Certificate Sub-Account. Funds in the Distribution Account shall be held in trust for the Holders of the Certificates for the uses and purposes set forth in this Agreement.
Loan Group 5. As of the Cut-Off Date, consists of all of the Pool 2 Mortgage Loans.