Examples of Loan Group IV in a sentence

The Fraud Coverage for Loan Group I and Loan Group II and the Fraud Coverage for Loan Group III and Loan Group IV may be reduced upon written confirmation from the Rating Agencies that such reduction will not adversely affect the then current ratings assigned to the Certificates by the Rating Agencies.
Loan Group: Loan Group I, Loan Group II, Loan Group III or Loan Group IV, as applicable.
Subsidiary REMIC 1 shall hold as its assets the Mortgage Loans in Loan Group I and Loan Group IV, and all collections and accounts related thereto.
Subsidiary REMIC 2 will consist of the Loan Group IV Mortgage Loans and will be evidenced by the LT-IV-A Interest, LT-IV-M-1 Interest, LT-IV-M-2 Interest and LT–Accrual Interest, (collectively, the LT-IV-A Interest, LT-IV-M-1 Interest and LT-IV-M-2 Interest, are referred to herein as the “Subsidiary REMIC 2 Accretion Directed Classes” and together with the LT-Accrual Interest, the “Subsidiary REMIC 2 Regular Interests”) and the R-2 Interest as the single “residual interest” in Subsidiary REMIC 2.
After such Distribution Date, the Pass-Through Rate for these Certificates shall be a per annum rate equal to the Net WAC Rate for Loan Group IV for that Distribution Date.

More Definitions of Loan Group IV

Loan Group IV. The Loan Group consisting of the Group IV Mortgage Loans. With respect to the Class A-4 Certificates, Loan Group IV is sometimes referred to herein as the related Loan Group and the Mortgage Loans in such Loan Group are sometimes referred to herein as the related Mortgage Loans.

Loan Group IV. The Group IV Loans.

Loan Group IV. The group of Mortgage Loans designated as belonging to Loan Group IV on the Mortgage Loan Schedule. Loan-to-Value Ratio: With respect to any Mortgage Loan, the fraction, expressed as a percentage, the numerator of which is the original principal balance of the related Mortgage Loan and the denominator of which is the Original Value of the related Mortgaged Property.

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

Loan Group IV. The group of Mortgage Loans comprised of the Group IV Loans. Maturity Date: September 25, 2035, the Distribution Date immediately following the latest scheduled maturity date of any Mortgage Loan.

Loan Group IV. The Mortgage Loans identified as such on the Mortgage Loan Schedule.

Loan Group IV. The group of Mortgage Loans comprised of the Group IV Loans. Loan-to-Value Ratio: The original principal amount of a Mortgage Loan divided by the Original Value; however, references to "current Loan- to-Value Ratio" shall mean the then current Principal Balance of a Mortgage Loan divided by the Original Value. Master Servicer: The Company, or any successor thereto appointed as provided pursuant to Section 7.02, acting to service and administer the Mortgage Loans pursuant to Section 3.01.