Group 2 Component definition

Group 2 Component. Each of Component 2A-1, Component 2A-2, Component 2A-2F, Component 2B, Component 2C, Component 2D, Component 2E, Component 2F, Component 2G, Component 2H, Component 2J, Component 2K, Component 2L, Component 2M, Component 2N, Component 2O, Component 2P and Component 2Q. Such Components are collectively evidenced by the Class IO-III Certificates.
Sample 1
Group 2 Component. Any B1(2), B2(2), B3(2), B4(2), B5(2) or B6(2) ----------------- Component. Holder or Certificateholder: The registered owner of any Certificate ------ ----------------- as recorded on the books of the Certificate Registrar except that, solely for the purposes of taking any action or giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor, the Master Servicer, any Servicer or any Affiliate thereof shall be deemed not to be outstanding in determining whether the requisite percentage necessary to effect any such consent has been obtained, except that, in determining whether the Trustee shall be protected in relying upon any such consent, only Certificates which a Responsible Officer of the Trustee knows to be so owned shall be disregarded. The Trustee may request and conclusively rely on certifications by the Depositor, the Master Servicer and any Servicer in determining whether any Certificates are registered to an Affiliate of the Depositor, the Master Servicer or such Servicer.
Sample 1
Group 2 Component. Any AIO(2), M1(2), M2(2) or B(2) Component.
Sample 1

Examples of Group 2 Component in a sentence

  • The Class DX-PPP Group 1 Component, the Class DX-PPP Group 2 Component, the Class DX-PPP Group 3 Component or the Class DX-PPP Group 4 Component, as applicable.

  • The Class CX-PPP Group 1 Component and the Class CX-PPP Group 2 Component, as applicable.

  • For any Distribution Date and the Class 2A Certificates and the Class CA-1B Group 2 Component, a fraction, expressed as a per annum rate, the numerator of which is equal to the product of (i) the amount of interest accrued on the Group 2 Loans at the Loan Group 2 Weighted Average Pass-Through Rate for that Distribution Date less the Net Negative Amortization Amount for Loan Group 2 and (ii) 12, and the denominator of which is equal to the Loan Group 2 Balance for such Distribution Date.


More Definitions of Group 2 Component

Group 2 Component. Any B1(2), B2(2), B3(2), B4(2), B5(2) or B6(2) ----------------- Component.
Sample 1
Group 2 Component. The portion of the Class X-1-L Regular Interest that is entitled to distributions in respect of the Class X-1 Group 2 Component Principal Balance.
Sample 1
Group 2 Component. The AX(2) Component and the AP(2) Component.
Sample 1
Group 2 Component. Any A-1(2), A-2(2), A-3(2), M-1(2), M-2(2) or B(2) ----------------- Component.
Sample 1

Related to Group 2 Component

  • Class C Component The Component having such designation.

  • Class D Component The Component having such designation.

  • Class A-2 Component The Component having such designation.

  • Principal Component The principal payment plus any interest payments that are either due after the date specified in, or are specified as ineligible for stripping in, the applicable Supplemental Agreement.

  • Class B Component The Component having such designation.

  • Class X-A Components The Class A-1 Component, Class A-2 Component, Class A-3 Component, Class A-4 Component, Class A-AB Component and Class A-S Component, each of which constitutes a separate class of “regular interests”, within the meaning of Code Section 860G(a)(1), in the Upper-Tier REMIC with a pass-through rate equal to its Class X Strip Rate from time to time and a notional amount equal to its Component Notional Amount from time to time.

  • Class A-1 Component The Component having such designation.

  • Class A-S Component The Component having such designation.

  • Interest Component Each future interest payment, or portion thereof, due on or prior to the Maturity Date, or if the Debt Security is subject to redemption or repayment prior to the Maturity Date, the first date on which such Debt Security is subject to redemption or repayment.

  • Class A-4 Component The Component having such designation.

  • Class X-1 Strip Rate With respect to any Distribution Date, the amount, if any, by which (i) the Weighted Average Net Mortgage Rate for such Distribution Date exceeds (ii) the sum of the Class LA-1-2-A Component Class X-2 Strip Rate and the Class A-1 Pass-Through Rate for such Distribution Date.

  • Class E Component The Component having such designation.

  • Accrual Components As specified in the Preliminary Statement.

  • Corresponding Component As identified in the Preliminary Statement with respect to any Class of Non-Vertically Retained Principal Balance Certificates or Lower-Tier Regular Interest.

  • Group I Allocation Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is (i) the Group I Principal Remittance Amount for such Distribution Date, and the denominator of which is (ii) the Principal Remittance Amount for such Distribution Date.

  • Group II Allocation Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is (i) the Group II Principal Remittance Amount for such Distribution Date, and the denominator of which is (ii) the Principal Remittance Amount for such Distribution Date.

  • Group 2 All of the Group 2 Certificates.

  • Loan Group Balance As to each Loan Group, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Loan Group that were Outstanding Mortgage Loans at the time of determination.

  • Class X Strip Rate With respect to each Component for any Distribution Date, a rate per annum equal to: (i) the WAC Rate for such Distribution Date, minus (ii) the Pass-Through Rate for the Corresponding Certificates.

  • Loan Group 4 The Group 4 Mortgage Loans.

  • REMIC 2 Overcollateralization Target Amount 1.00% of the Overcollateralization Target Amount.

  • Allocation Percentage means, with respect to any Monthly Period, the percentage equivalent of a fraction:

  • Loan Group 3 The Group 3 Mortgage Loans.

  • Class A-3 Component The Component having such designation.

  • Loan Group 5 The Group 5 Mortgage Loans.

  • Reduction Percentage means the percentage rate by which the Initial Per Certificate Entitlement will reduce on a daily basis on the assumption that the daily rate will be theper annum rate specified in the Final Terms divided by 365 and applied accordingly. B.26 Investment managementNot applicable - there is no active management of the assets of the Issuer. B.27 Further issuances backed by same pool of assetsNot applicable – the Issuer will not issue further securities backed by the same pool of assets. B.29 Description of the flow of fundsSave to the extent that the Authorised Participant as subscribed for the issue of Certificates in whole or in part by the physical delivery of the relevant Precious Metal in respect of the Series (the "Underlying Precious Metal"), the net proceeds from each issue of Certificates will be used (a) to purchase the Underlying Precious Metal and (b) to pay any listing fees incurred in connection with the listing of the Certificates. The Certificates will not bear interest. On redemption, a Certificateholder will, in respect of a Certificate, receive on a date on or before the third business day following the relevant Eligible Redemption Valuation Date(being any business day) (in each case the "Settlement Date"):