Examples of Collateral Group 1 in a sentence
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 Subsidiary REMIC shall consist of all of the assets constituting the Trust Fund corresponding to Collateral Group 1 and Collateral Group 2, (exclusive of the Class P Prepayment Charges) and shall be evidenced by the uncertificated interests set forth below that shall be designated as REMIC regular interests (the “Subsidiary REMIC Regular Interests”).
The Subsidiary REMIC shall consist of all of the assets constituting the Trust Fund corresponding to Collateral Group 1, Collateral Group 2, Collateral Group 3, and Collateral Group 4 (exclusive of the Class P Prepayment Charges) and shall be evidenced by the uncertificated interests set forth below that shall be designated as REMIC regular interests (the “Subsidiary REMIC Regular Interests”).
The Subsidiary REMIC shall consist of all of the assets constituting the Trust Fund corresponding to Collateral Group 1, Collateral Group 2 and Collateral Group 3 (exclusive of the Class P Prepayment Charges) and shall be evidenced by the uncertificated interests set forth below that shall be designated as REMIC regular interests (the “Subsidiary REMIC Regular Interests”).
The Subsidiary REMIC shall consist of all of the assets constituting the Trust Fund corresponding to Collateral Group 1, Collateral Group 2, Collateral Group 3, and Collateral Group 4 (exclusive of the Class P Prepayment Charges, the Cap Reserve Fund and the Cap Contract) and shall be evidenced by the uncertificated interests set forth below that shall be designated as REMIC regular interests (the “Subsidiary REMIC Regular Interests”).
Principal received or advanced on each Mortgage Loan in Pool 1 having a Net Mortgage Rate greater than or equal to 6.00% but less than 6.50% will be allocated between Collateral Group 1 and Collateral Group 2A on the basis of the Applicable Fractions of the related Mortgage Loans.
The notional balance of the Class will be equal to (1) the product of (a) the weighted average of the Net Mortgage Rates of the Collateral Group 1 Non-Discount loans at the beginning of the related Due Period minus 7.00% and (b) the principal balance of the Collateral Group 1 Non-Discount loans at the beginning of the related Due Period divided by (2) 7.00% CLASS 2AX is an interest-only certificate.
Principal received or advanced on each Discount Mortgage Loan will be allocated between Collateral Group PO and Collateral Group 1 on the basis of the Applicable Fractions of the Discount Mortgage Loans.
The Subsidiary REMIC shall consist of all of the assets constituting the Trust Fund corresponding to Collateral Group 1, Collateral Group 2, and Collateral Group 3, (exclusive of the Class P Prepayment Charges) and shall be evidenced by the uncertificated interests set forth below that shall be designated as REMIC regular interests (the “Subsidiary REMIC Regular Interests”).