Subgroup 1 definition

Subgroup 1. Those certain Mortgage Loans identified as belonging to Subgroup 1 on the Mortgage Loan Schedule.
Subgroup 1. The group of Mortgage Loans (or portions of Mortgage Loans) comprised of the Subgroup 1 Loans.
Subgroup 1. All of the Mortgage Loans with a Net Mortgage Rate of less than or equal to 5.500% per annum, plus the Subgroup 1 Fraction of the principal balance of any Mortgage Loan with a Net Mortgage Rate greater than 5.500% per annum and less than 8.000% per annum.

Examples of Subgroup 1 in a sentence

  • The Subgroup 1 Mortgage Loans are the “Xxxxxxx Mac Mortgage Loans”.

  • The REMIC II Regular Interests identified as related to Subgroup 1 in the “REMIC II Interests” table contained in the Preliminary Statement hereto.

  • The Subgroup 1 Senior Percentage and Subgroup 2 Senior Percentage will be referred to collectively in this prospectus supplement as the “Senior Percentage”.

  • Except for those Claimants making a Subgroup 1 Election at the time the CDEM is submitted by the Firm,] [T]he total amount to be paid by Wyeth for the Firm's settling Subgroup 3 claims will be subject to negotiation with Wyeth but will be no more than the amount derived from Subgroup 3 on the Grid attached as Exhibit 11.

  • Any of Certificate Subgroup 1, Certificate Subgroup 2 and Certificate Subgroup 3.

  • As to each Distribution Date through the Cross-Over Date, the aggregate of all amounts allocable on such dates to the Class PO Certificates in respect of the principal portion of Realized Losses in respect of Discount Mortgage Loans in Subgroup 1 and the Class PO Certificate Cash Shortfall and all amounts previously allocated in respect of such losses and such shortfalls to the Class PO Certificates, and not distributed on prior Distribution Dates.

  • Any of Subgroup A-P, Subgroup 1, Subgroup 2 or Subgroup 3, as the case may be.

  • Either Subgroup 1, Subgroup 2 or Subgroup 3, as the context requires.

  • Xxxxxxxxxxxx Title: Vice President EXHIBIT “A” IDENTIFICATION OF THE PROPERTY PROPERTY LOAN AMOUNT Subgroup 1: 1.

  • OPTIONAL [At the time it submits its CDEM (defined below), the Firm may offer its Claimants whose Supporting - 8 - Documentation would place them in Subgroup 3 the opportunity to elect Subgroup 1 payment ("Subgroup 1 Election").


More Definitions of Subgroup 1

Subgroup 1. As of the Cut-off Date, consists of (a) the Non-PO Percentage of the Principal Balance of each Mortgage Loan with a Net Mortgage Rate less than or equal to 5.50% per annum and (b) the portion of the Principal Balance of each Mortgage Loan with a Net Mortgage Rate greater than 5.50% per annum and less than or equal to 6.00% per annum allocated as follows: Net Mortgage Rate - 5.50% Principal Balance x (1- --------------------------- ) 0.50% Subgroup 1 Certificates: The Class 1-A1 and A-R Certificates.
Subgroup 1. All Loans with a Pass-Through Rate of less than 5.50% per annum.
Subgroup 1. As of the Cut-off Date, consists of (a) 100% of the principal balance of each Mortgage Loan with a Net Mortgage Rate equal to or less than 5.50% per annum, and
Subgroup 1. All Group I Loans with a Pass-Through Rate of less than 6.00% per annum.
Subgroup 1. As of the Cut-off Date, consists of (a) 100% of the Stated Principal Balance of each Pool 1 Mortgage Loan with a Net Mortgage Rate equal to or less than 4.50% per annum and (b) the portion of the principal balance of each Pool 1 Mortgage Loan with a Net Mortgage Rate greater than 4.50% per annum and equal to or less than 5.00% per annum allocated as follows: · portion allocable to Subgroup 1 = Stated Principal Balance X ( 1- Net Mortgage Rate - 4.50% 0.50% )

Related to Subgroup 1

  • Subgroup Either Subgroup 1 or Subgroup 2, as applicable.

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

  • Loan Group 4 The Group 4 Mortgage Loans.

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

  • Loan Group 3 The Group 3 Mortgage Loans.

  • Group 2 All of the Group 2 Certificates.

  • Loan Group 5 The Group 5 Mortgage Loans.

  • Group 1 All of the Group 1 Certificates.

  • 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.

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

  • Group 2 Senior Certificates As specified in the Preliminary Statement.

  • 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.

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

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

  • Loan Group 1 Principal Distribution Amount With respect to any Distribution Date, that portion, if any, of the Principal Distribution Amount attributable to Loan Group 1.

  • Loan Group II Cap With respect to the Group II 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 II 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.

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

  • Group 3 Senior Certificates As specified in the Preliminary Statement.

  • 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.

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

  • Loan Group Cap The Loan Group I Cap or the Loan Group II Cap, as applicable.

  • Group 3 All of the Group 3 Certificates.

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

  • Super Senior Certificates As specified in the Preliminary Statement.

  • Group 1 Certificates As specified in the Preliminary Statement.