Group 3 facility means a facility whose discharge is described by R 323.2211 or R 323.2213 of the Michigan administrative code.
Group 3 All of the Group 3 Certificates.
Group 2 All of the Group 2 Certificates.
Loan Group 4 The Group 4 Mortgage Loans.
Group 1 All of the Group 1 Certificates.
Loan Group 3 The Group 3 Mortgage Loans.
Loan Group 5 The Group 5 Mortgage Loans.
Group 3 Senior Certificates As specified in the Preliminary Statement.
Group 4 All of the Group 4 Certificates.
Tranche B Facility means the aggregate of the Tranche B Commitments.
Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.
Term A Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term A Commitments at such time and (b) thereafter, the aggregate principal amount of the Term A Loans of all Term A Lenders outstanding at such time.
Group I Senior Percentage As of each Distribution Date, the lesser of 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Group I Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) in Loan Group I immediately prior to such Distribution Date.
Group II Senior Percentage For any Distribution Date, the lesser of (i) 100% and (ii) the aggregate Class Principal Balance of the Group II-A and Residual Certificates divided by the aggregate Class Principal Balance of the Group II Loans (exclusive of the Class II-P Fraction thereof, with respect to any Class II-P Mortgage Loan), in each case immediately before such Distribution Date.
Group 1 Senior Certificates As specified in the Preliminary Statement.
Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.
Term B Facility means the Term B Loan Commitments and the Term B Loans made hereunder.
New Term Facility has the meaning specified in Section 2.14(a).
Group 2 Senior Certificates As specified in the Preliminary Statement.
Term Facilities means the Term A Facility and the Term B Facility.
Loan Group 1 All Mortgage Loans identified as Loan Group 1 Mortgage Loans on the Mortgage Loan Schedule.
Loan Group 2 The Group 2 Mortgage Loans.
Term Loan Extension Series has the meaning set forth in Section 2.16(a).
Group 3 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 3 Mortgage Loans.
New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.
Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.
Senior Percentage As of any Distribution Date, the lesser of 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Senior Certificates (other than the Class A-P Certificates) immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) (other than the related Discount Fraction of each Discount Mortgage Loan) immediately prior to such Distribution Date.