Fixed Rate Group definition

Fixed Rate Group. The group of Mortgage Loans comprised of fixed rate mortgage loans identified in the Mortgage Loan Schedule as having been assigned to the Fixed Rate Group, including any Qualified Replacement Mortgage Loans delivered in replacement thereof.

Fixed Rate Group. The group of Mortgage Loans indicated on the Mortgage Loan Schedule as belonging to the Fixed Rate Group.

Fixed Rate Group. The pool of Home Equity Loans identified in the related Schedule of Home Equity Loans as having been assigned to the Fixed Rate Group in Schedule I-A hereto or Schedule 1-A of a Subsequent Transfer Agreement, including any Qualified Replacement Mortgage delivered in replacement thereof.

Examples of Fixed Rate Group in a sentence

• The certificates will be issued in classes as follows: (i) a senior class with respect to each Mortgage Loan Group consisting of the Class A-1 Fixed Rate Group Certificates (the "Class A-1 Certificates") and the Class A-2 Variable Rate Group Certificates (the "Class A-2 Certificates" and collectively with the Class A-1 Certificates, the "Class A Certificates") and (ii) a residual class (the "Class R Certificates").

• With respect to each Distribution Date, not later than the fifth Business Day prior to the related Deposit Date the Servicer shall deliver to the Trustee a computer-readable magnetic tape containing the Servicer Remittance Report relating to the Fixed Rate Group and the Servicer Remittance Report relating to the Adjustable Rate Group detailing the payments and collections received in respect of the Mortgage Loans in the related Mortgage Loan Group during the immediately preceding Collection Period.

• On such first Distribution Date, such amounts will be deemed to be available in respect of Monthly Interest for the Fixed Rate Group or Adjustable Rate Group, as appropriate, and will be distributable to the Certificateholders.

• The Trustee shall hold the Fixed Rate Group Capitalized Interest Account Deposit for the benefit of the Fixed Rate Group Certificateholders and the Adjustable Rate Group Capitalized Interest Account Deposit for the benefit of the Adjustable Rate Group Certificateholders.

• The Class M-_ Certificates are limited in right of payment to certain payments on and collections in respect of the Mortgage Loans in the Fixed Rate Group, as more specifically set forth in the Agreement.

More Definitions of Fixed Rate Group

Fixed Rate Group. The pool of Mortgage Loans identified in the related Schedule of Mortgage Loans as having been assigned to the Fixed Rate Group in Schedule l-A hereto, including any Qualified Replacement Mortgage Loans delivered in replacement thereof.

Fixed Rate Group. The group of Initial Mortgage Loans comprised of fixed rate mortgage loans identified in the Mortgage Loan Schedule as having been assigned to the Fixed Rate Group and any Subsequent Mortgage Loans identified in a Subsequent Transfer Agreement as having been assigned to the Fixed Rate Group, including any Qualified Replacement Mortgage Loans delivered in replacement thereof.

Fixed Rate Group. The pool of Mortgage Loans which have fixed Mortgage Interest Rates and are identified in the Mortgage Loan Schedule as having been assigned to the Fixed Rate Group, including any Qualified Replacement Mortgages assigned to the Fixed Rate Group.

Fixed Rate Group. The pool of Mortgage Loans identified in the related Schedule of Mortgage Loans as having been assigned to the Fixed Rate Group in Schedule 1-A hereto, including any Qualified Replacement Mortgages delivered in replacement thereof. The beneficial ownership of the Fixed Rate Group is evidenced by Subsidiary REMIC Interest 1 and the SR Interest.

Fixed Rate Group means the Group of fixed rate Mortgage Loans, which are listed on Exhibit A hereto.

Fixed Rate Group. The portion of the pool of Home Equity Loans conveyed ---------------- pursuant to Section 2.1(a) hereof consisting of Fixed Rate Loans.

Fixed Rate Group. The Subsidiary REMIC Interests 1, 2 and 3 which are comprised of the pool of Mortgage Loans identified in the related Schedule of Mortgage Loans as having been assigned to the Fixed Rate Group in Schedule l-A hereto, including any Qualified Replacement Mortgages delivered in replacement thereof.