Collateral Group definition

Collateral Group. Any of Collateral Group 1, Collateral Group 2 or Collateral Group 3, as applicable.

Collateral Group. Collateral Group 1-P, Collateral Group 2-P, Collateral Group 1, Collateral Group 2, Collateral Group 3, Collateral Group 4, Collateral Group 5, Collateral Group 6 and Collateral Group 7, as applicable.

Collateral Group. Collateral Group P, Collateral Group 1, Collateral Group 2, Collateral Group 3 and Collateral Group 4, as applicable.

Examples of Collateral Group in a sentence

• On each Distribution Date, the portion of each Realized Loss on a Mortgage Loan that exceeds the outstanding principal amount of such Mortgage Loan shall be allocated pro rata to the related Collateral Group or Groups, on the basis of the amount of interest due to such Collateral Group from such Mortgage Loan.

• On each Distribution Date, the interest portion of each Realized Loss allocated to a Collateral Group in accordance with the preceding sentence shall be further allocated pro rata, on the basis of Accrued Certificate Interest, to each Class of related REMIC Interests; provided that the interest portion of any Realized Losses allocated to the Subordinate Interests in a REMIC as provided in this Section 3.02(b) shall be allocated to such Subordinate Interests in reverse order of seniority.

• The allocation of a Pool 1 Mortgage Loan to Collateral Group 1 or Collateral Group 2 shall not change based on a modification to the Net Mortgage Rate of such Mortgage Loan subsequent to the Cut-off Date.

• The allocation of a Mortgage Loan to Collateral Group 1 or Collateral Group 2 shall not change based on a modification to the Net Mortgage Rate of such Mortgage Loan subsequent to the Cut-off Date.

• The Applicable Fraction for the portion of each such Pool 1 Mortgage Loan allocated to Collateral Group 2 is (I) 1 minus (II) the quotient of (a)(i) 7.000% minus (ii) the related Net Mortgage Rate divided by (b) 1.250%.

More Definitions of Collateral Group

Collateral Group. Each of Collateral Group I, Collateral Group II and Collateral Group III.

Collateral Group. Any of Collateral Groups 1, 2A, 2B, 2C, 3, or P.

Collateral Group. With respect to any Series, a group of one or more outstanding Certificates and/or any other assets which may be included in the Trust Estate securing such Series which have the characteristics described in the related Series Supplement.

Collateral Group. Any of Cxxxxxxxxx Xxxxxx XX0, XX0, 1, 2, 3, 4, 5, or 6.

Collateral Group. The portions of the Mortgage Loans in Subgroup [ ] and Subgroup [ ] or portions thereof that have been stripped to an Effective Net Rate of [ ]%.

Collateral Group. Either of Collateral Group 1 or 2.

Collateral Group. Any of Collateral Groups PO, 1A or 1B.