Group 2 Loan definition

Group 2 Loan. A Mortgage Loan in Loan Group 2.
Group 2 Loan. Any Mortgage Loan identified as a Group 2 Loan on the Mortgage Loan Schedule.
Group 2 Loan. A Mortgage Loan in Loan Group 2. All of the Group 2 Loans are Multifamily Loans.

Examples of Group 2 Loan in a sentence

  • Anything to the contrary shall only apply insofar as offers from us are expressly marked as binding or contain a specific acceptance period.(2) The order of the goods by the buyer shall be deemed a binding offer of contract.

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

  • Loan Group: Loan Group 1, Loan Group 2, Loan Group 3, Loan Group 4 or Loan Group 5, as applicable.

  • Distributions on this Certificate will be made primarily from collections on the Mortgage Loans in Loan Group 2, Loan Group 4 and Loan Group 5 pursuant to the terms of the Agreement.

  • For each Group 2 Loan, the excess, if any, of the Pass-Through Rate for such Mortgage Loan over 7.000%.


More Definitions of Group 2 Loan

Group 2 Loan. Any Mortgage Loan (or related REO Loan) in Loan Group 2.
Group 2 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 2 Loan classification in the table under the definition ofSpecified Collateral Obligation”.
Group 2 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, Additional Balances, 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 2 Loan are all HELOCs The Group 2 Loans shall be designated on the Loan Schedule attached as Exhibit A to the Servicing Agreement and Exhibit A to the Loan Purchase Agreement.
Group 2 Loan. A Mortgage Loan in Loan Group 2. --------------
Group 2 Loan. The Worldwide Plaza LIBOR Component.
Group 2 Loan means a Loan identified as such on the List of Loans.