Loan Group Balance definition

Loan Group Balance. As to each Loan Group, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Loan Group that were Outstanding Mortgage Loans at the time of determination.

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Loan Group Balance means the Loan Group 1 Balance or the Loan Group 2 Balance, as applicable.

Loan Group Balance. As to each Loan Group and any Distribution Date, the aggregate of the Stated Principal Balances, as of the Close of Business on the first day of the month preceding the month in which such Distribution Date occurs, of the Mortgage Loans in such Loan Group that were Outstanding Mortgage Loans on that day.

Examples of Loan Group Balance in a sentence

• As of any date of determination and Loan Group, will be equal to applicable Aggregate Loan Group Balance plus the amount, if any, then on deposit in the Prefunding Account, with respect to the related Loan Group; provided that the Aggregate Loan Group Collateral Balance as of the Initial Cut-off Date will include the Prefunded Amount.

• The Indenture Trustee shall determine if reducing the relevant Loan Group Balance by the Asset Balance of the retransferred Mortgage Loan would cause a Transfer Deficiency for the related Loan Group.

• As of any date, the aggregate principal balance of the Class 1-L Interest and the Class 1-LS Interest shall equal the aggregate Stated Principal Balance of Loan Group 1 minus the Class Certificate Balance of the Class 1-A-LR Certificate (the "Adjusted Loan Group Balance").

• Amounts not distributed to the Issuer because of this limitation will be retained in the Payment Account until the excess of the Adjusted Loan Group Balance of that Loan Group over the Note Principal Balance of the related Class of Notes exceeds the related Minimum Transferor Interest, at which time the excess shall be released to the Issuer.

• Collections allocable to the Transferor Certificates pursuant to this Section 8.03(e) will be distributed to the Issuer only to the extent that the distribution will not reduce the excess of the Adjusted Loan Group Balance of a Loan Group over the Note Principal Balance of the related Class of Notes as of the related Payment Date below the related Minimum Transferor Interest.

More Definitions of Loan Group Balance

Loan Group Balance. Either the Group I Loan Balance or the Group II Loan Balance, as applicable.

Loan Group Balance. Either the Loan Group F Balance or the Loan Group A Balance, as applicable.

Loan Group Balance. The Loan Group 1 Balance or the Loan Group 2 Balance, ------------------ as applicable.

Loan Group Balance. With respect to each of Loan Group I-1, Loan Group I-2 and Loan Group I-3 and any date of determination, the aggregate Scheduled Principal Balance of the Mortgage Loans in that Loan Group as of such date.

Loan Group Balance. As to any date of determination the aggregate of the Stated Principal Balances of the Outstanding Mortgage Loans in such Loan Group as of such date.

Loan Group Balance. With respect to any date, the aggregate of the Asset Balances of all Mortgage Loans in Loan Group [_] as of such date.

Loan Group Balance means the Loan Group 1 Balance or the Loan Group 2 Balance, as applicable. The principal balance of a Liquidated Mortgage Loan after final recovery of related liquidation proceeds is zero and the principal balance of a Charged-off Mortgage Loan after the Charged-off Date is zero.