Examples of Group 1 Mortgage Loans in a sentence
The pass-through rate with respect to the Class L-1B Interest and Class L-1Q Interest shall be a per annum rate equal to the weighted average of the Net Mortgage Rates on the Group 1 Mortgage Loans.
Interest will accrue on these Certificates at a per annum rate equal to the Net WAC of the Group 1 Mortgage Loans.
The pass-through rate with respect to the Class 1-A-M1 Interest shall be a per annum rate equal to the weighted average of the Net Mortgage Rates on the Group 1 Mortgage Loans.
Any payments of principal to the Group 1 Senior Certificates will first be made from payments relating to the Group 1 Mortgage Loans and any payments of principal to the Group 2 Senior Certificates will first be made from payments relating to the Group 2 Mortgage Loans.
Upon certification to the Trustee by a Servicing Officer of the making of such final deposit, the Trustee shall promptly release or cause to be released to the related Terminator the Mortgage Files for the remaining Group 1 Mortgage Loans or Group 2 Mortgage Loans, as applicable, and the Trustee shall execute all assignments, endorsements and other instruments delivered to it which are necessary to effectuate such transfer.