Loan Group IV definition

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

Loan Group IV. The group of Mortgage Loans comprised of the Group IV Loans.

Loan Group IV. The Loan Group consisting of the Group IV Mortgage Loans. With respect to the Class A-4 Certificates, Loan Group IV is sometimes referred to herein as the related Loan Group and the Mortgage Loans in such Loan Group are sometimes referred to herein as the related Mortgage Loans.

Examples of Loan Group IV in a sentence

• The Fraud Coverage for Loan Group I and Loan Group II and the Fraud Coverage for Loan Group III and Loan Group IV may be reduced upon written confirmation from the Rating Agencies that such reduction will not adversely affect the then current ratings assigned to the Certificates by the Rating Agencies.

• Subsidiary REMIC 1 shall hold as its assets the Mortgage Loans in Loan Group I and Loan Group IV, and all collections and accounts related thereto.

• Loan Group: Loan Group I, Loan Group II, Loan Group III or Loan Group IV, as applicable.

• Subsidiary REMIC 2 shall hold as its assets the Mortgage Loans in Loan Group III and Loan Group IV, and all collections and accounts related thereto.

• Loan Group: Loan Group I, Loan Group II, Loan Group III, Loan Group IV, Loan Group V, Loan Group VI or Loan Group VII, as applicable.

More Definitions of Loan Group IV

Loan Group IV. The Group IV Loans.

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

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

Loan Group IV. The group of Mortgage Loans designated as belonging to Loan Group IV on the Mortgage Loan Schedule. Loan-to-Value Ratio: With respect to any Mortgage Loan, the fraction, expressed as a percentage, the numerator of which is the original principal balance of the related Mortgage Loan and the denominator of which is the Original Value of the related Mortgaged Property.

Loan Group IV. All Mortgage Loans identified as Loan Group III Mortgage Loans on the Mortgage Loan Schedule.

Loan Group IV. The group of Mortgage Loans comprised of the Group IV Loans. Maturity Date: September 25, 2035, the Distribution Date immediately following the latest scheduled maturity date of any Mortgage Loan.

Loan Group IV. The group of Mortgage Loans comprised of the Group IV Loans. Loan-to-Value Ratio: The original principal amount of a Mortgage Loan divided by the Original Value; however, references to "current Loan- to-Value Ratio" shall mean the then current Principal Balance of a Mortgage Loan divided by the Original Value. Master Servicer: The Company, or any successor thereto appointed as provided pursuant to Section 7.02, acting to service and administer the Mortgage Loans pursuant to Section 3.01.