Group 1 Loans definition
Examples of Group 1 Loans in a sentence
This Certificate is primarily backed by the Group 1 Loans deposited by the Depositor.
The Group 1 Loans having Pass-Through Rates greater than or equal to 5.500% per annum.
The Certificates are limited in right of payment to certain collections and recoveries respecting the related Group 1 Loans and payments received pursuant to the Group 1 Certificate Cap Contract and the Group 1 Basis Risk Cap Contract, each as more specifically set forth herein and in the Agreement.
This certifies that [___________] is the registered owner of the Percentage Interest evidenced by this Certificate in certain monthly distributions with respect to a Trust Fund consisting primarily of the Group 1 Loans and Group 2 Loans deposited by Mortgage Asset Securitization Transactions, Inc.
Distributions on this Certificate will be made primarily from collections on the Group 1 Loans pursuant to the terms of the Agreement.
Distributions on this Certificate will be made primarily from collections on the applicable Group 1 Loans pursuant to the terms of the Agreement.
As part of its servicing duties, the Master Servicer or the Sub-Servicer of the Group 1 Loans shall, if and to the extent required by law, pay to the Mortgagors interest on funds in Servicing Accounts from its or their own funds, without any reimbursement therefor.
The Indenture Trustee hereby consents to such transfer with respect to the Group 1 Loans.
The Group 1 Loans having Pass-Through Rates greater than or equal to 6.000% per annum.
The Group 1 Bonds are subject to redemption in whole, but not in part, by the Majority Certificateholder, on or after the earlier of (i) the Payment Date on which the aggregate Stated Principal Balance of the Group 1 Loans as of the end of the related Due Period is less than or equal to 20% of the sum of the aggregate Stated Principal Balance of the Group 1 Loans as of the Cut-off Date, and (ii) the Payment Date occurring in November 2015.