Crossed Group definition

Crossed Group. With respect to any Mortgage Loan, such Mortgage Loan and all other Mortgage Loans that are cross-collateralized and cross-defaulted with such Mortgage Loan.
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Crossed Group. Any of Group 2 or Group 4.
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Crossed Group. As defined in Section 2.03.
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Examples of Crossed Group in a sentence

  • In the event that the remaining Crossed Loans in such Crossed Group satisfy the aforementioned criteria, the Mortgage Loan Seller may elect either to repurchase or substitute for only the affected Crossed Loan as to which the related Breach or Document Defect exists or to repurchase or substitute for all of the Crossed Loans in the related Crossed Group.

  • Crossed Group Loan Agreement “NAP”, if the loan is not cross-collateralized.

  • In addition, if there exists with respect to any Crossed Group only one original of any document referred to in the definition of "Mortgage File" in the Pooling and Servicing Agreement and covering all the Mortgage Loans in such Crossed Group, the inclusion of the original of such document in the Mortgage File for any of the Mortgage Loans constituting such Crossed Group shall be deemed an inclusion of such original in the Mortgage File for each such Mortgage Loan.

  • Notwithstanding anything herein to the contrary, it is hereby acknowledged that certain groups of Mortgage Loans are, in the case of each such particular group of Mortgage Loans (each, a "Crossed Group"), by their terms, cross-defaulted and cross-collateralized.

  • Section 11.07 Original Aggregate Crossed Group Class A Percentage..........

  • Crossed Group Loan Agreement NAP if the loan is not cross-collateralized.

  • Section 11.06 Original Aggregate Crossed Group and Group III Non-PO Principal Balances..........................................

  • For each Crossed Group, reflects the aggregate cut-off date principal balance of the entire subject Crossed Group.

  • As to the first Distribution Date, the percentage obtained by dividing the sum of the Original Class Cr-B-2 Principal Balance, the Original Class Cr-B-3 Principal Balance, the Original Class Cr-B-4 Principal Balance, the Original Class Cr-B-5 Principal Balance and the Original Class Cr-B-6 Principal Balance by the Original Aggregate Crossed Group Non-PO Principal Balance.

  • The Master Servicer, upon receiving knowledge, shall notify Fitch and S&P if the related Mortgagor of any of the 10 largest Mortgage Loans (or Crossed Group that would be one of the 10 largest Mortgage Loans if it were treated as single Mortgage Loan) by Stated Principal Balance incurs additional subordinate, pari-passu or mezzanine debt in accordance with the related Mortgage Loan documents.


More Definitions of Crossed Group

Crossed Group. Any of Group CB or Group NC.
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Crossed Group. Pool Balance (PO Portion): The sum of the Group I Pool Balance (PO Portion) and the Group II Pool Balance (PO Portion).
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Crossed Group. Group 1 and Group 2.
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Crossed Group. With respect to any Mortgage Loan, such Mortgage Loan and all other Mortgage Loans that are cross-collateralized and cross-defaulted with such Mortgage Loan. There are no Crossed Groups in the Trust.
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Crossed Group. Either Grxxx X xr Group II.
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Related to Crossed Group

  • Permitted Group means any group of investors that is deemed to be a "person" (as that term is used in Section 13(d)(3) of the Exchange Act), by virtue of the Stockholders Agreement, as the same may be amended, modified or supplemented from time to time; provided that no single Person (other than the Principals and their Related Parties) Beneficially Owns (together with its Affiliates) more of the Voting Stock of the Company that is Beneficially Owned by such group of investors than is then collectively Beneficially Owned by the Principals and their Related Parties in the aggregate.

  • Combined Group means a group of corporations or other entities that files a Combined Return.

  • Restricted Group means, collectively the Company, its subsidiaries, the members of the Sponsor Group and their respective Affiliates.

  • Retained Group means the Seller, its subsidiaries and subsidiary undertakings from time to time, any holding company of the Seller and all other subsidiaries or subsidiary undertakings of any such holding company (except members of the Group);

  • Consolidated Group means the Borrower and all Subsidiaries which are consolidated with it for financial reporting purposes under GAAP.

  • Related Group For Loan Group 1, Group 1 and for Loan Group 2, Group 2.

  • Minority group member means a United States citizen or permanent resident alien who is and can demonstrate membership in one of the following groups:

  • Mortgage Group Either of Group One or Group Two.

  • Controlled Group Member means each trade or business (whether or not incorporated) which together with the Borrower is treated as a single employer under Sections 4001(a)(14) or 4001(b)(1) of ERISA or Sections 414(b), (c), (m) or (o) of the Code.

  • Designated Group means - i) Black designated groups; ii) Black People; iii) Women; iv) people with disabilities or v) Small enterprise, as defined in Section 1 of National Small Enterprise Act, (102 of 1996)

  • SAP Group means SAP Parent and any of its Associated Companies.

  • Consolidated Group Pro Rata Share means, with respect to any Investment Affiliate, the percentage of the total equity ownership interests held by the Consolidated Group in the aggregate, in such Investment Affiliate determined by calculating the greater of (i) the percentage of the issued and outstanding stock, partnership interests or membership interests in such Investment Affiliate held by the Consolidated Group in the aggregate and (ii) the percentage of the total book value of such Investment Affiliate that would be received by the Consolidated Group in the aggregate, upon liquidation of such Investment Affiliate, after repayment in full of all Indebtedness of such Investment Affiliate.

  • Controlled Group Liability means any and all liabilities (i) under Title IV of ERISA, (ii) under Section 302 of ERISA, (iii) under Sections 412 and 4971 of the Code, (iv) as a result of a failure to comply with the continuation coverage requirements of Section 601 et seq. of ERISA and Section 4980B of the Code, and (v) under corresponding or similar provisions of foreign laws or regulations.

  • Top Paid Group means the top 20 percent of Employees who performed services for the Employer during the applicable year, ranked according to the amount of "415 Compensation" (determined for this purpose in accordance with Section 1.26) received from the Employer during such year. All Affiliated Employers shall be taken into account as a single employer, and Leased Employees within the meaning of Code Sections 414(n)(2) and 414(o)(2) shall be considered Employees unless such Leased Employees are covered by a plan described in Code Section 414(n)(5) and are not covered in any qualified plan maintained by the Employer. Employees who are non-resident aliens and who received no earned income (within the meaning of Code Section 911(d)(2)) from the Employer constituting United States source income within the meaning of Code Section 861(a)(3) shall not be treated as Employees. Additionally, for the purpose of determining the number of active Employees in any year, the following additional Employees shall also be excluded; however, such Employees shall still be considered for the purpose of identifying the particular Employees in the Top Paid Group:

  • Cross-Collateralized Group Any group of Mortgage Loans that are cross-collateralized and cross-defaulted with each other; provided that a Mortgage Loan shall be part of a Cross-Collateralized Group only if and for so long as such Mortgage Loan is cross-collateralized and cross-defaulted with each other Mortgage Loan in such Cross-Collateralized Group. There are no Cross-Collateralized Groups included as assets of the Trust as of the Closing Date.

  • Seller’s Group means the Seller and any company which is, on or after the date of this Agreement, a subsidiary or holding company of the Seller or a subsidiary of a holding company of the Seller, and excludes, for the avoidance of doubt, any Group Company, and "Seller's Group Company" shall be construed accordingly.

  • Controlled Group means all members of a controlled group of corporations or other business entities and all trades or businesses (whether or not incorporated) under common control which, together with the Borrower or any of its Subsidiaries, are treated as a single employer under Section 414 of the Code.

  • the Group means the Company and its subsidiary undertakings (if any); and

  • Minority Group means any of the following racial or ethnic groups:

  • Eligible group means two or more persons who are engaged in a

  • SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately after the Effective Time, including the Transferred Entities, even if, prior to the Effective Time, such Person is not a Subsidiary of SpinCo; and (b) on and after the Effective Time, SpinCo and each Person that is a Subsidiary of SpinCo.

  • Undercollateralized Group As defined in Section 4.03.

  • Tax Group means any federal, state, local or foreign consolidated, affiliated, combined, unitary or other similar group of which the Acquiror Company is now or was formerly a member.

  • Xxxx Group means collectively Xxxx Capital Fund V, L.P., Xxxx Capital Fund V-B, L.P., BCIP Associates, BCIP Trust Associates, L.P. and Xxxxxxxx Street Partners.