PO-2 Component definition

PO-2 Component. The Principal-Only Component of the Class PO Certificates that relates to the Group 2 Mortgage Loans.
View Source

Examples of PO-2 Component in a sentence

  • With respect to the Class X Certificates and each Distribution Date, any amount of Net Deferred Interest added to the Principal Balances of the related Mortgage Loans that is allocated to the Class X Certificates on such Distribution Date will be added as principal to the outstanding Component Principal Balances of the PO-1 Component and the PO-2 Component based upon the amount of Deferred Interest attributable to the Mortgage Loans in the related Loan Group.

  • With respect to the Class X Certificates and each Distribution Date, any amount of Net Deferred Interest added to the Principal Balances of the related Mortgage Loans that is allocated to the IO Component of the Class X Certificates on such Distribution Date will be added as principal to the outstanding Component Principal Balances of the PO-1 Component, the PO-2 Component and PO-3 Components based upon the amount of Deferred Interest attributable to the Mortgage Loans in the related Loan Group.

  • Class 2-A-1 and Class 2-X Certificates, and the Class PO-2 Component.

  • With respect to the Class X Certificates and each Distribution Date, any amount of Net Deferred Interest added to the Principal Balances of the related Mortgage Loans that is allocated to the IO Component of the Class X Certificates on such Distribution Date will be added as principal to the outstanding Component Principal Balances of the PO-1 Component and the PO-2 Component based upon the amount of Deferred Interest attributable to the Mortgage Loans in the related Loan Group.

  • The remaining funds shall be transferred to the Distribution Account to be included as part of principal distributions to the Class PO-2 Component, to the extent of the Remaining PO Prefunded Amount, and to the other Classes of Group 2 Certificates, to the extent of the Remaining Non-PO Prefunded Amount, as applicable.

  • Class 2-A-1 and Class 2-A-2 and Class A-X-2 and Class PO-2 Component.

  • Class 2-A-1, Class 2-A-2 and Class 2-A-3 Certificates and the Class PO-2 Component.

  • Group 2 Senior Certificates Class 2-A-1 and Class 2-X Certificates and Class PO-2 Component Inverse Floating Rate Certificates Class 1-A-2 and Class 1-A-4 Certificates.