Group 1 Loan definition

Group 1 Loan. A Mortgage Loan in Loan Group 1.
Sample 1Sample 2Sample 3
Group 1 Loan. Any Mortgage Loan identified as a Group 1 Loan on the Mortgage Loan Schedule.
Sample 1Sample 2Sample 3
Group 1 Loan means any REMIC Mortgage Loan (including without limitation any REO Mortgage Loan) in Loan Group 1.
Sample 1

Examples of Group 1 Loan in a sentence

  • For each Distribution Date, interest will accrue at a per annum rate equal to the weighted average (based on the Group Subordinate Amount for each Loan Group) of (i) 6.00% per annum for Loan Group 1, Loan Group 2, Loan Group 3, Loan Group 4, Loan Group 5, Loan Group 6 and Loan Group 7 and (ii) 5.25% per annum for Loan Group 8.

  • Usually RBB ends such a presentation with a “lessons learned” section and an outlook.

  • On the Business Day prior to the Distribution Dates in March 2001 and April 2001, the Seller shall remit to the Trustee for deposit in the Distribution Account, the aggregate of the Seller Shortfall Interest Remittance Amount for Loan Group 1, Loan Group 2A and Loan Group 2B for the related Master Servicer Advance Date.

  • On each Distribution Date, the Trustee shall distribute any PO Recovery for Loan Group 1, Loan Group 2 or Loan Group 3 to the Holders of the Class CB-PO Certificates.

  • For purposes of calculating the reduction of the Interest Distribution Amount for each Class of Class C-B Certificates with respect to Loan Group 1, Loan Group 2, Loan Group 3, Loan Group 4, Loan Group 5 or Loan Group 6 such reduction shall be based on the amount of interest accruing at the Net WAC Rate for such Loan Group on such Class’ proportionate share, based on the Class Principal Balance of the related Subordinate Component Balance for that Distribution Date.

  • Loan Group: Loan Group 1, Loan Group 2, Loan Group 3 or Loan Group 4, as applicable.

  • A portion of the Prefunding Amount equal to $6,364,300.00, $758,611.52 and $115,885.65 shall be applied to the purchase of Subsequent Mortgage Loans for Loan Group 1, Loan Group 2 and Loan Group 3, respectively.

  • The Subsidiary REMIC shall consist of all of the assets constituting the Trust Fund corresponding to Loan Group 1, Loan Group 2, Loan Group 3, Loan Group 4, and Loan 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”).

  • If the Trust Administrator receives at least three bids for all of the related Trust Collateral, and one of such bids is equal to or greater than the Par Value, the Trust Administrator shall sell all of the related Trust Collateral for Loan Group 1, Loan Group 2, Loan Group 3, Loan Group 4 and Loan Group 5 to the highest bidder (the “Auction Purchaser”) at the price offered by the Auction Purchaser (the “Mortgage Loan Auction Price”).

  • The Trust Administrator shall give notice to the Rating Agencies and each Servicer that is servicing any of the Mortgage Loans in Pool 1 of the sale of all of the related Trust Collateral for Loan Group 1, Loan Group 2, Loan Group 3, Loan Group 4 and Loan Group 5 pursuant to this Section 11.01 (an “Auction Sale”) and of the Auction Date.


More Definitions of Group 1 Loan

Group 1 Loan means a Loan identified as such on the List of Loans.
Sample 1
Group 1 Loan means each Eligible Collateral Obligation that is a First Lien Loan and that satisfies, as of the related Cut‑Off Date, all of the applicable criteria set forth in the same row as the Group 1 Loan classification in the table under the definition of “Specified Collateral Obligation”.
Sample 1
Group 1 Loan. An individual mortgage loan which is sold and assigned to the Depositor identified on the Loan Schedule, which Loan includes without limitation the Mortgage File, the Monthly Payments, Principal Prepayments, Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds, proceeds of any REO disposition, any escrow accounts related to the Loan, and all other rights, benefits, proceeds and obligations arising from or in connection with such Loan, excluding replaced or repurchased mortgage loans. The Group 1 Loans shall be designated on the Loan Schedule attached as Exhibit A to the Servicing Agreement and Exhibit A to the Loan Purchase Agreement.
Sample 1

Related to Group 1 Loan

  • Group II Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group II Loans.

  • Term A-1 Loan means an advance made by any Term A-1 Lender under the Term A-1 Facility.

  • Loan Group 4 The Group 4 Mortgage Loans.

  • Loan Group 5 The Group 5 Mortgage Loans.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Sub-loan means a loan made or proposed to be made by the Borrower out of the proceeds of the Loan to a Private Enterprise for an Investment Project;

  • Loan Group 3 The Group 3 Mortgage Loans.

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

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

  • Group I Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group I Loans.

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

  • Term B-1 Loan means a Loan made pursuant to Section 2.01(a).

  • Term A-2 Loan means an advance made by any Term A-2 Lender under the Term A-2 Facility.

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

  • Loan Group 2 The Group 2 Mortgage Loans.

  • Term Loan has the meaning specified in Section 2.01(b).

  • Term C Loan is defined in Section 2.2(a)(iii) hereof.

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

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • Loan Group IV The group of Mortgage Loans comprised of the Group IV Loans.

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Term B-1 Loans has the meaning specified in Section 2.01(a)(ii).

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

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

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.