Loan Group 2 definition

Loan Group 2. All Mortgage Loans identified as Loan Group 2 Mortgage Loans on the Mortgage Loan Schedule.
Loan Group 2. The Group 2 Mortgage Loans.
Loan Group 2. Collectively, all of the Mortgage Loans that are Group 2 Mortgage Loans and any successor REO Loans with respect thereto.

Examples of Loan Group 2 in a sentence

  • For any Distribution Date, the product of (i) the Loan Group 2 Weighted Average Pass-Through Rate for such Distribution Date and (ii) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the related No-Delay Accrual Period.

  • For any Distribution Date and any of Loan Group 1 or Loan Group 2, the excess, if any, of (i) the Subsequent Recoveries for such Distribution Date for such Loan Group over (ii) the amount by which the Class Principal Balance of the Class of Class B Certificates with the lowest priority is increased in respect of Subsequent Recoveries for such Loan Group on such Distribution Date pursuant to the definition of “Class Principal Balance” herein.

  • For any Distribution Date and any of Loan Group 1 or Loan Group 2, the sum of (i) the Carry-Forward Subsequent Recoveries Amount for such Distribution Date for such Loan Group and (ii) the Carry-Forward Subsequent Recoveries Amounts for prior Distribution Dates for such Loan Group to the extent such Carry-Forward Subsequent Recoveries Amounts have not been applied in reduction of Realized Losses on prior Distribution Dates pursuant to the first paragraph of the definition of “Realized Loss” herein.

  • Loan Group: Loan Group 1, Loan Group 2, Loan Group 3, Loan Group 4 or Loan Group 5, as applicable.

  • For any Distribution Date and the Class 2A-L and Class 2A-1B-L Regular Interests, a fraction, expressed as a per annum rate, the numerator of which is equal to the product of (i) the amount of interest accrued on the Group 2 Loans at the Loan Group 2 Weighted Average Pass- Through Rate for that Distribution Date less the Net Negative Amortization Amount for Loan Group 2 and (ii) 12, and the denominator of which is equal to the Loan Group 2 Balance for such Distribution Date.


More Definitions of Loan Group 2

Loan Group 2. At any time, the Group 2 Mortgage Loans in the aggregate and any REO Properties acquired in respect thereof.
Loan Group 2. The aggregate of the Mortgage Loans identified on Schedule I as being included in Loan Group 2.
Loan Group 2. The Group 2 Loans.
Loan Group 2. The pool of Mortgage Loans identified in the Mortgage Loan Schedule as having been assigned to Loan Group 2.
Loan Group 2 means the Reference Obligations relating to the Class 2M-1 and Class 2M-2 Notes.
Loan Group 2. All Mortgage Loans that have Mortgage Rates that are adjustable.
Loan Group 2. The pool of Mortgage Loans identified in the Mortgage Loan Schedule for Sub-Trust 2.