Loan Group 5 definition

Loan Group 5. The Group 5 Mortgage Loans.

Loan Group 5. All Mortgage Loans identified as Loan Group 5 Mortgage Loans on the Mortgage Loan Schedule.

Loan Group 5. The group of Mortgage Loans designated as belonging to Loan Group 5 on the Mortgage Loan Schedule.

Examples of Loan Group 5 in a sentence

• Distributions on this Certificate will be made primarily from collections on the Mortgage Loans in Loan Group 5 pursuant to the terms of the Agreement.

• The pass-through rate with respect to the Class I-5B Interest and Class I-5Q Interest shall be a per annum rate equal to the Net WAC Rate for Loan Group 5.

• For each Distribution Date, interest will accrue at a per annum rate equal to the weighted average (based on the Group Subordinate Amount for each Loan Group) of (i) 6.00% per annum for Loan Group 1, Loan Group 2, Loan Group 3, Loan Group 4, Loan Group 5, Loan Group 6 and Loan Group 7 and (ii) 5.25% per annum for Loan Group 8.

• As of any date, the aggregate principal balance of the Class 5-L Interest and the Class 5-LS Interest shall equal the aggregate Pool Stated Principal Balance (Non-PO Portion) of Loan Group 5.

• Exhibit D-5 Loan Group 5 Mortgage Loan Schedule...................

More Definitions of Loan Group 5

Loan Group 5. The aggregate of the Mortgage Loans identified on Schedule I as being included in Loan Group 5.

Loan Group 5. At any time, the Group 5 Mortgage Loans in the aggregate and any REO Properties acquired in respect thereof.

Loan Group 5. As of the Cut-Off Date, consists of all of the Pool 3 Mortgage Loans.

Loan Group 5. As of the Cut-Off Date, consists of (a) a portion of each Pool 2 Mortgage Loan with a Net Mortgage Rate greater than 5.50% per annum and less than 6.00% per annum, equal to: The Stated Principal Balance of such Mortgage Loan x (Net Mortgage Rate − 5.50%) 0.50% and (b) 100% of the principal balance of each Pool 2 Mortgage Loan with a Net Mortgage Rate greater than or equal to 6.00% per annum.

Loan Group 5. All Mortgage Loans identified as Loan Group 5 Mortgage Loans on the Mortgage Loan Schedule. Marker Rate: With respect to the Class 5-X Certificates and the REMIC II Regular Interests LT1, LT2, LT3 and LT4 and any Distribution Date, a per annum rate equal to two (2) times the weighted average of the Uncertificated REMIC II Pass-Through Rates for REMIC II Regular Interest LT2 and REMIC II Regular Interest LT3. Master Servicer: Xxxxx Fargo.

Loan Group 5. As of the Cut-Off Date, consists of all of the Pool 2 Mortgage Loans.

Loan Group 5. Sub-Account," "Loan Group 6 Sub-Account," "Loan Group 7 Sub-Account," "Loan Group 8 Sub-Account" and "Loan Group 9 Sub-Account") and one for each of the CB Lower-Tier Certificate Sub-Account, the DB Lower-Tier Certificate Sub-Account, the Middle-Tier Certificate Sub-Account and the Upper-Tier Certificate Sub-Account. Funds in the Distribution Account shall be held in trust for the Holders of the Certificates for the uses and purposes set forth in this Agreement.