Group IX definition

Group IX. With respect to the Mortgage Loans, the pool of fixed rate Mortgage Loans identified in the related Mortgage Loan Schedule as having been assigned to Group IX or with respect to the Certificates, as set forth in the Preliminary Statement.
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Group IX. Pool Stated Principal Balance.......................................31 Group I Principal Distribution Amount........................................31
Sample 1

Examples of Group IX in a sentence

  • Group IX (1) Annual rates based on a percentage of the Fund’s average daily net assets.

  • MEMBER NAME: U.S. Venture Partners X, L.P. USVP X Affiliates, L.P. MEMBER SIGNATURE: U.S. Venture Partners IX, L.P. USVP X Affiliates, L.P. By Presidio Management Group IX, L.L.C. Its General Partner By: /s/ Xxxxxxxx X.

  • MEMBER NAME: U.S. Venture Partners IX, L.P. MEMBER SIGNATURE: U.S. Venture Partners IX, L.P. By Presidio Management Group IX, L.L.C. Its General Partner By: /s/ Xxxxxxxx X.

  • If there is no overcollateralization at that time, losses on the mortgage loans will be allocated to the Group IX Subordinate Certificates, in the reverse order of their priority of payment, until the principal amount of each class of Group IX Subordinate Certificates is reduced to zero.

  • This excess interest will be applied to pay principal on the Group IX Certificates in order to create and maintain the required level of overcollateralization.

  • Subordination: The Class IX-A-1 Certificates will have a payment priority over the Group IX Subordinate Certificates.

  • Cross-Collateralization: In certain limited circumstances, principal and interest collected from any of the loan group I, II, III, IV, V, VI, VII, and VIII mortgage loans may be used to pay principal or interest, or both, to Senior Certificates (other than the Group IX Certificates) unrelated to that loan group.

  • Xxxxx Xxxxx Capital Partners, LLC Xxxxx Venture Group IX, LLC Xxxxxxxx X.

  • Cross-Collateralization: Each month, certain interest payments on the Group I, Group II, Group III, Group IV and Group V mortgage loans will be allocated to Group IX available funds increasing available excess interest.

  • With respect to each distribution date, to the extent that a Basis Risk Shortfall exists for any class of Group IX Certificates (other than the Class IX-X Certificates), such class will be entitled to the amount of such Basis Risk Shortfall in accordance with the priority of payments described in the Prospectus Supplement, only to the extent of funds available therefor.

Related to Group IX

  • GROUP III All applicants for employment who have had two (2) or more years' experience in the trade, are residents of the geographical area constituting the normal construction labor market area, and who have been employed in the normal construction labor market area for at least six (6) months in the last two and one-half (2½) years in the geographical area covered by the collective bargaining agreement.

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

  • Group II means Series 2018-7 and each other Series specified in the related Supplement to be included in Group II.

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

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

  • Group I 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.

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

  • 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 Stepdown Date The later to occur of (i) the Distribution Date in [Month/Year] or (ii) the first Distribution Date on which (A) the Group II Class A Certificate Principal Balance (reduced by the Group II Principal Funds with respect to such Distribution Date) is less than or equal to (B) ___% of the Stated Principal Balances of the Group II Mortgage Loans plus the Pre-Funded Amount allocable to Loan Group II, in each case, as of such Distribution Date.

  • Group II Senior Percentage For any Distribution Date, the lesser of (i) 100% and (ii) the aggregate Class Principal Balance of the Group II-A and Residual Certificates divided by the aggregate Class Principal Balance of the Group II Loans (exclusive of the Class II-P Fraction thereof, with respect to any Class II-P Mortgage Loan), in each case immediately before such Distribution Date.

  • Group I Senior Percentage As of each Distribution Date, the lesser of 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Group I Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) in Loan Group I immediately prior to such Distribution Date.

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

  • Loan Group 5 The Group 5 Mortgage Loans.

  • Group I Stepdown Date The later to occur of (i) the Distribution Date occurring in April 2005 and (ii) the first Distribution Date on which the sum of the aggregate Certificate Principal Balance of the Class M-I Certificates and the Group I Overcollateralization Amount immediately prior to that Distribution Date is equal to or greater than 16.50% of the aggregate Stated Principal Balance of the Group I Loans as of the end of the preceding Due Period.

  • Loan Group 4 The Group 4 Mortgage Loans.

  • Group I Country means Australia, The Netherlands, New Zealand and the United Kingdom.

  • Group II Country means Germany, Sweden and Switzerland.

  • Group 1 All of the Group 1 Certificates.

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

  • Group II Interest Remittance Amount With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group II Mortgage Loans.

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

  • Loan Group 3 The Group 3 Mortgage Loans.

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

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

  • Group II Allocation Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is (i) the Group II Principal Remittance Amount for such Distribution Date, and the denominator of which is (ii) the Principal Remittance Amount for such Distribution Date.