Loan Group 8 definition
Examples of Loan Group 8 in a sentence
If the Trust Administrator receives at least three bids for all of the related Trust Collateral, and one of such bids is equal to or greater than the Par Value, the Trust Administrator shall sell all of the related Trust Collateral for Loan Group 6, Loan Group 7, Loan Group 8, Loan Group 9, Loan Group 10, Loan Group 11 and Loan Group 12 to the highest bidder (the “Auction Purchaser”) at the price offered by the Auction Purchaser (the “Mortgage Loan Auction Price”).
The Trust Administrator shall give notice to the Rating Agencies and each Servicer that is servicing any of the Mortgage Loans in Pool 2, Pool 3 and Pool 4 of the sale of all of the related Trust Collateral for Loan Group 6, Loan Group 7, Loan Group 8, Loan Group 9, Loan Group 10, Loan Group 11 and Loan Group 12 pursuant to this Section 11.01 (an “Auction Sale”) and of the Auction Date.
The Trust Administrator shall give notice to the Rating Agencies and each Servicer that is servicing any of the Group B Mortgage Loans of the sale of all of the related Trust Collateral for Loan Group 2, Loan Group 3, Loan Group 4, Loan Group 5, Loan Group 6, Loan Group 7, Loan Group 8, Loan Group 9 and Loan Group 10 pursuant to this Section 11.01 (an “Group B Auction Sale”) and of the Group B Auction Date.
Exhibit D-8 Loan Group 8 Mortgage Loan Schedule...................
The pass-through rate with respect to the Class II-8B Interest and Class II-8Q Interest shall be a per annum rate equal to the Net WAC Rate for Loan Group 8.
The Trust Administrator shall give notice to the Rating Agencies and each Servicer that is servicing any of the Mortgage Loans in Loan Group 5, Loan Group 6 or Loan Group 8 of the sale of all of the related Trust Collateral for Loan Group 5, Loan Group 6 and Loan Group 8 pursuant to this Section 11.01 (an “Auction Sale”) and of the Auction Date.
Subsidiary REMIC 1 will consist of all of the assets constituting the Trust Fund corresponding to Loan Group 1, Loan Group 2, Loan Group 3, Loan Group 4, Loan Group 5, Loan Group 6, Loan Group 7, Loan Group 8, Loan Group 9, and Loan Group 10.
For purposes of calculating the reduction of the Interest Distribution Amount for each Class of Group C-B Certificates with respect to Loan Group 1, Loan Group 2, Loan Group 3, Loan Group 4, Loan Group 5, Loan Group 6, Loan Group 7 or Loan Group 8 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.
The Trust Administrator shall give notice to the Rating Agencies and each Servicer that is servicing any of the Group 1 Mortgage Loans of the sale of all of the related Trust Collateral for Loan Group 2, Loan Group 3, Loan Group 4, Loan Group 5, Loan Group 6, Loan Group 7, Loan Group 8, Loan Group 9 and Loan Group 10 pursuant to this Section 11.01 (an “Group 1 Auction Sale”) and of the Group 1 Auction Date.
If the Trust Administrator receives at least three bids for all of the related Trust Collateral, and one of such bids is equal to or greater than the Par Value, the Trust Administrator shall sell all of the related Trust Collateral for Loan Group 5, Loan Group 6 and Loan Group 8 to the highest bidder (the “Auction Purchaser”) at the price offered by the Auction Purchaser (the “Mortgage Loan Auction Price”).