Collateral Group 3 definition

Collateral Group 3. The Mortgage Loans in Subgroup 1-B and Subgroup 1-C or portions thereof that have been stripped to an Effective Net Rate of 6.00%.
Sample 1Sample 2Sample 3
Collateral Group 3. The Pool 2 Mortgage Loans, collectively.
Sample 1Sample 2Sample 3
Collateral Group 3. The group of Non-Conforming Mortgage Loans (or portions thereof) stripped to a rate of 6.50% derived from Subgroup B and Subgroup D.
Sample 1

Examples of Collateral Group 3 in a sentence

  • 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) 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”).

  • The Applicable Fraction for the portion of each such Pool 1 Mortgage Loan allocated to Collateral Group 3 is the quotient of (a)(i) 6.500% minus (ii) the related Net Mortgage Rate divided by (b) 0.250%.

  • Any of Collateral Group 1, Collateral Group 2, Collateral Group 3, Collateral Group 4, Collateral Group 5 or Collateral Group P.

  • 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, the Cap Account and the Cap Agreement) and shall be evidenced by the uncertificated interests set forth below that shall be designated as REMIC regular interests (the “Subsidiary REMIC Regular Interests”).

  • For purposes of calculating the reduction in the amount referred to in clause (i) of the definition of Accrued Interest for the Class A-X Certificates in respect of Collateral Group 3 or Collateral Group 4, such reduction shall be based on the amount of interest accruing on the portion of the Class A-X Notional Amount derived from such Collateral Group.

  • 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, Collateral Group 4 and Collateral Group 5 (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, Collateral Group 4, Collateral Group 5, Collateral Group 6 and Collateral Group 7 (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”).


More Definitions of Collateral Group 3

Collateral Group 3. All Mortgage Loans in Pool 3. For purposes hereof, Collateral Group 3 shall relate to the Class 3-A1 Certificates.
Sample 1Sample 2
Collateral Group 3. The group of Mortgage Loans (or portions thereof) stripped to a rate of 7.50% derived from Subgroup 2-B and Subgroup 2-C. Collection Account: A separate account established and maintained by the Master Servicer pursuant to Section 4.01. Commission: U.S. Securities and Exchange Commission.
Sample 1
Collateral Group 3. For purposes of allocating principal collections, Advances of principal and otherwise as specified herein, a group consisting of (a) the aggregate of the Applicable Fraction for Collateral Group 3 of the Scheduled Principal Balance of each of the Mortgage Loans in Subgroup 1-C, as of the Cut-off Date and (b) the Applicable Fraction for Collateral Group 3 of the Scheduled Principal Balance of each of the Mortgage Loans in Subgroup 1-D, as of the Cut-off Date.
Sample 1
Collateral Group 3. A group of Mortgage Loans in Subgroup 1-A, Subgroup 1-B, Subgroup 2-A and Subgroup 2-B or portions thereof that have been stripped to a Net Mortgage Rate of 6.00%. For purposes hereof, Collateral Group 3 shall relate to the Class 3-A1 and 3-A2 Certificates.
Sample 1

Related to Collateral Group 3

  • Loan Group 3 The Group 3 Mortgage Loans.

  • Group 3 All of the Group 3 Certificates.

  • Loan Group 4 The Group 4 Mortgage Loans.

  • Loan Group 5 The Group 5 Mortgage Loans.

  • Group 3 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 3 Mortgage Loans.

  • Group 2 All of the Group 2 Certificates.

  • Group 1 All of the Group 1 Certificates.

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

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

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

  • Loan Group 2 The Group 2 Mortgage Loans.

  • Group 3 Mortgage Loan Each Mortgage Loan listed on Exhibit D-3 hereto.

  • Group I means Series 2022-2 and each other Series specified in the related Supplement to be included in Group I.

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

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

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

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

  • Group 1 Mortgage Loan Each Mortgage Loan listed on Exhibit D-1 hereto.

  • Group 4 Mortgage Loan Each Mortgage Loan listed on Exhibit D-4 hereto.

  • Group 4 All of the Group 4 Certificates.

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

  • Related Loan Group For Group 1, Loan Group 1; for Group 2, Loan Group 2; for Group 3, Loan Group 3; and for Group 4, Loan Group 4.

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

  • Group 2 Mortgage Loan Each Mortgage Loan listed on Exhibit D-2 hereto.

  • 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.

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