Group IV Loans definition

Group IV Loans. The Mortgage Loans designated on the Mortgage Loan Schedule as Group IV Loans.
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Group IV Loans. The Mortgage Loans designated as Group IV Loans in Exhibit One.
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Group IV Loans. The Mortgage Loans designated in Exhibit Four.
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Examples of Group IV Loans in a sentence

  • The special hazard, bankruptcy, and Fraud coverage (collectively, "Credit Enhancements") provided by the B certificates provide coverage to the Group I, II, III and Group IV Loans, subject to the conditions and limitations to payment specified thereunder.

  • The Trust shall be deemed to consist of four sub-trusts, one with respect to each of the Group I, Group II, Group III and Group IV Loans.

  • This Certificate is primarily backed by the Group IV Loans sold by DB Structured Products, Inc.

  • The weighted average of the loan-to-value ratios at origination of the Group IV Loans will be approximately 76.01%.

  • The average principal balance of the Group IV Loans as of the Subsequent Cut-off Date will be approximately $184,530.

  • Wxxxx Fargo Bank, N.A. will act as master servicer of the Group IV Loans (the “Master Servicer”, which term includes any successors thereto under the Agreement referred to below).

  • The Group IV Loans will have an Outstanding Principal Balance as of the Cut-off Date, after deducting all Scheduled Principal due on or before the Cut-off Date, of approximately $827,129,635.

  • None of the Group IV Loans will have a first Due Date prior to January 1, 2003, or after February 1, 2005, or will have a remaining term to maturity of less than 181 months or greater than 360 months as of the Subsequent Cut-off Date.

  • The Group IV Loans will have an Outstanding Principal Balance as of the Cut-off Date, after deducting all Scheduled Principal due on or before the Cut-off Date, of $18,759,708.96.

  • The average principal balance of the Group IV Loans at origination will be approximately $184,635.


More Definitions of Group IV Loans

Group IV Loans. Those Loans with non-conforming balances, original terms to maturity of less than or equal to fifteen (15) years and identified on the Loan Schedule as Group IV Loans.
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Group IV Loans. The Mortgage Loans designated on the Mortgage Loan
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Group IV Loans. Those Loans having original terms to maturity not greater than thirty (30) years and identified on the Loan Schedule as Group IV Loans.
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Related to Group IV Loans

  • Group I Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group I Loans.

  • Group II Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group II Loans.

  • Loan Group 4 The Group 4 Mortgage Loans.

  • Loan Group 5 The Group 5 Mortgage Loans.

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

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

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Loan Group 3 The Group 3 Mortgage Loans.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

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

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

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

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • ABL Loans means the “Loans” as defined in the ABL Credit Agreement.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • 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 II-A Distribution Amount for the Class II-A-7 Certificates required to be distributed to Holders of the Class II-A-7 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 II-A Certificates in accordance with the provisions of the Agreement. The pass-through rate on the Class II-A-7 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 II-A-7 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.

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Domestic Loans means CD Loans or Base Rate Loans or both.

  • Loan Group I Cap With respect to the Group I Mortgage Loans as of any Distribution Date, the product of (i) the weighted average of the Adjusted Net Mortgage Rates then in effect on the beginning of the related Due Period on the Group I Mortgage Loans and (ii) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the Interest Accrual Period related to such Distribution Date.

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.