Group 1 Assets definition

Group 1 Assets. Collectively, all of the Mortgage Loans (other than the Bass Pro & Cabela’s Portfolio Mortgage Loan) and the Pooled BP Call Protected Note, and any successor REO Loans with respect thereto.
Sample 1Sample 2Sample 3
Group 1 Assets means the “Non-Core” and “Sligo Non-Op” assets. “Group 1 Asset Sales” means the sale of the Group 1 Assets.
Sample 1Sample 2Sample 3
Group 1 Assets has the meaning set forth in the recitals to this Agreement.
Sample 1Sample 2Sample 3

Examples of Group 1 Assets in a sentence

  • In the event any of the conditions to the obligations of the Seller set forth in Section 2.09(a) and 2.09(b) of this Agreement have not been satisfied or waived on or prior to March 1, 2012 with respect to the Group 1 Assets, Group 3 Assets, Group 5 Assets, Group 6 Assets and Group 8 Assets, and as a result such Closing has not occurred on or prior to such date, the Seller may, upon written notice to the Purchaser, terminate this Agreement with respect to any such Asset Group in all respects.

  • During the Interim Servicing Period, with respect to the Reverse Mortgage Loans related to the Group 1 Assets, not later than the last Business Day of each month (each a “Group 1 MCA Reporting Date”), Seller shall provide to Purchaser a 98% maximum claim report (the “Group 1 MCA Report”) identifying any Mortgage Loan that has become a Mandatory Repurchased Loan in such month.

  • Notwithstanding the Escrow Property Release Date, the Parties acknowledge and agree that the sale of the Group 1 Assets, Group 3 Assets, Group 5 Assets, Group 6 Assets and Group 8 Assets as described in the related Xxxx of Sale and Assignment Agreement shall be effective as of the related Closing Date.

  • In the event the related Closing Date in respect of the Group 1 Assets, Group 3 Assets, Group 5 Assets, Group 6 Assets or Group 8 Assets has not occurred on or prior to the Escrow Property Release Date due to the nonsatisfaction of a condition set forth in Section 2.08, the Seller and the Purchaser shall direct the Escrow Agent to release the applicable portion of the Escrow Property to the Purchaser on the Business Day following the Escrow Property Release Date.

  • Group 1 Purchase Price: The purchase price for the Group 1 Assets as set forth on Exhibit A to this Agreement.

  • On or prior to the Closing Date with respect to each Issuer Transfer Asset Group, the Seller shall provide all Final Certification Documents with respect to the related Reverse Mortgage Loans, other than (a) those Final Certification Documents set forth on Schedule 15 with respect to the Group 1 Assets, Group 3 Assets and Group 5 Assets (the “Document Deficiencies”) and (b) the Purchaser Certification Documents.

  • In the event any of the conditions to the obligations of the Purchaser set forth in Section 2.08(a) and 2.08(b) of this Agreement have not been satisfied or waived on or prior to March 1, 2012 with respect to the Group 1 Assets, Group 3 Assets, Group 5 Assets, Group 6 Assets or Group 8 Assets, and as a result such Closing has not occurred on or prior to such date, the Purchaser may, upon written notice to the Seller, terminate this Agreement with respect to any such Asset Group in all respects.

  • The Xxxxxx Mae Issuer Transfer Documents with respect to such Issuer Transfer Asset Group and the Acknowledgment Agreement (with respect to Group 1 Assets) shall have been executed by Xxxxxx Xxx and delivered to the Seller.

  • With respect to the Group 1 Assets, all Xxxxxx Xxx Issuer Responsibilities of Seller with respect to the applicable HMBS Pools set forth on Schedule 10 attached hereto, other than the Group 1 Retained Liabilities.

  • Assets: Collectively, the Group 1 Assets, Group 2 Assets, Group 3 Assets, Group 4 Assets, Group 5 Assets, Group 6 Assets, Group 7 Assets and Group 8 Assets.


More Definitions of Group 1 Assets

Group 1 Assets. The Group 1 Mortgage Loans, any related REO Property, any other property related to Loan Group 1 remaining in the Trust Fund and the Swap Agreement and amounts on deposit in the Swap Account.
Sample 1Sample 2
Group 1 Assets means each Engine that is a variant that is currently in production and that is not a Group 2 Asset.
Sample 1Sample 2Sample 3
Group 1 Assets means the “Non-Core” and “Sligo Non-Op” assets.
Sample 1Sample 2
Group 1 Assets means the HEP Tulsa Assets, as such term is defined in the Group 1 Purchase Agreement.
Sample 1Sample 2
Group 1 Assets. The Xxxxxx Mae Issuer Rights with respect to the HMBS Pools in which the Reverse Mortgage Loans set forth on Schedule 1 attached hereto are included, which HMBS Pools were issued by the Seller or an Affiliate thereof.
Sample 1

Related to Group 1 Assets

  • Group 1 All of the Group 1 Certificates.

  • Group 2 All of the Group 2 Certificates.

  • Group 1 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 1 Mortgage Loans.

  • Loan Group 1 All Mortgage Loans identified as Loan Group 1 Mortgage Loans on the Mortgage Loan Schedule.

  • Mortgage Assets The Mortgage Loans to be included in the Trust Fund are as described in Annex A hereto.

  • Group 3 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 3 Mortgage Loans.

  • Group 1 Mortgage Loan Each Mortgage Loan listed on Exhibit D-1 hereto.

  • Group 2 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 2 Mortgage Loans.

  • Loan Group 3 The Group 3 Mortgage Loans.

  • Loan Group 2 All Mortgage Loans identified as Loan Group 2 Mortgage Loans on the Mortgage Loan Schedule.

  • Loan Group Any of Loan Group 1 or Loan Group 2, as applicable.

  • Group 1 Senior Certificates As specified in the Preliminary Statement.

  • Loan Group II The group of Mortgage Loans identified in the Mortgage Loan Schedule as having been assigned to Loan Group II.

  • Group 2 Mortgage Loan Each Mortgage Loan listed on Exhibit D-2 hereto.

  • Group 3 Mortgage Loan Each Mortgage Loan listed on Exhibit D-3 hereto.

  • Group I means Series 1997-1 and each other Series specified in the related Supplement to be included in Group I.

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Group 3 All of the Group 3 Certificates.

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.

  • 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.

  • Portfolio Assets means the portion of the net assets of the Fund managed by the Sub-Adviser pursuant to the following investment strategy as agreed to by the Adviser and the Sub-Adviser in a separately negotiated investment mandate: Emerging Markets (each a “Strategy”).

  • Loan Group I The group of Mortgage Loans identified in the Mortgage Loan Schedule as having been assigned to Loan Group I.

  • Group II means Series 2019-4 and each other Series specified in the related Supplement to be included in Group II.

  • Group III Mortgage Loans and "Group IV Mortgage Loans," respectively), formed by Wells Fargo Asset Securities Corporation (hereinafter called the "Depxxxxxr," which term includes any successor entity under the Agreement referred to below). The Trust Estate was created pursuant to a Pooling and Servicing Agreement dated as of February 27, 2006 (the "Agreement") among the Depositor, Wells Fargo Bank, N.A., as master servicer (the "Master Servicer") anx X.X. Bank National Association, as trustee (the "Trustee"), a summary of certain of the pertinent provisions of which is set forth hereinafter. To the extent not defined herein, the capitalized terms used herein have the meanings ascribed to such terms in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (the "Distribution Date"), commencing on the first Distribution Date specified above, to the Person in whose name this Certificate is registered at the close of business on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the Group I-A Distribution Amount for the Class I-A-11 Certificates required to be distributed to Holders of the Class I-A-11 Certificates on such Distribution Date, subject to adjustment in certain events as specified in the Agreement. Distributions in reduction of the Principal Balance of certain Classes of Class A Certificates may not commence on the first Distribution Date specified above. Distributions of principal will be allocated among the Classes of Group I-A Certificates in accordance with the provisions of the Agreement. The pass-through rate on the Class I-A-11 Certificates applicable to each Distribution Date will be 5.500% per annum. The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall, any Relief Act Shortfall and the interest portion of certain Realized Losses allocated to the Class I-A-11 Certificates, as described in the Agreement. Distributions on this Certificate will be made by the Paying Agent by check mailed to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register, unless such Person is entitled to receive payments by wire transfer in immediately available funds in accordance with the Agreement and such Person has notified the Paying Agent pursuant to the Agreement that such payments are to be made by wire transfer of immediately available funds. Notwithstanding the above, the final distribution in reduction of the Principal Balance of this Certificate will be made after due notice of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency of the Paying Agent specified for that purpose in the notice of final distribution. Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. This Certificate constitutes a "regular interest" in a "real estate mortgage investment conduit" as those terms are defined in Section 860G(a)(1) and Section 860D, respectively, of the Internal Revenue Code of 1986, as amended. Unless this Certificate has been countersigned by an authorized officer of the Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.