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.

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 "Investor Floating Allocation Percentage," for any Payment Date and each Loan Group shall be the lesser of 100% and a fraction, the numerator of which is the related Note Principal Balance and the denominator of which is the Loan Group Balance of the related Mortgage Loans at the beginning of the related Collection Period.

• The "Loan Group Balance" for each Loan Group and any Payment Date is the aggregate of the principal balances of the related Mortgage Loans as of the last day of the related Collection Period (as may be adjusted by Loss Utilization Amounts as described in the indenture).

• The "Allocated Transferor Interest" for any Payment Date, will equal (a) the related Loan Group Balance of the related Loan Group at the last day of the related Collection Period and any amounts otherwise payable on the Transferor Interest but retained in the Payment Account, minus (b) the Note Principal Balance of the class of Notes related to that Loan Group (after giving effect to the payment of all amounts actually paid on that class of Notes on that Payment Date).

• 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.

More Definitions of Loan Group Balance

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

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

Loan Group Balance. Either the Group I Loan Balance or the Group II Loan Balance, as the context may require.

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

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