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Group 4 definition

Group 4. All of the Group 4 Certificates.
Group 4. The Group 4 Senior Certificates, the Class 4-A-PO Component, the Class 4-15-IO Component and the Class 4-SES Component.
Group 4With respect to the Mortgage Loans, the pool of fixed rate Mortgage Loans identified in the related Mortgage Loan Schedule as having been assigned to Group 4 or with respect to the Certificates, as set forth in the Preliminary Statement.

Examples of Group 4 in a sentence

  • Participant Group 4: For a Participant who is on sabbatical leave with pay or with an Approved Prestigious Award, Compensation shall be the Participant's Full-Time Equivalent Compensation, as defined above.


More Definitions of Group 4

Group 4A Certificates: Class 4-A-1 and Class 4-A-2 Certificates.
Group 4With respect to the Mortgage Loans, the pool of fixed rate Mortgage Components derived from the Pool 2 Mortgage Loans identified in the related Mortgage Loan Schedule as having been assigned to Pool 2 or with respect to the Certificates, as set forth in the Preliminary Statement.
Group 4 means a Drill Operator or a Remote Bogger Operator.
Group 4. An Educator who has received a suspension without pay as part of corrective discipline within the eighteen (18) months preceding a Reduction-In-Force is the fourth group of Educators subject to dismissal under a Reduction-In-Force.
Group 4. All of the Group 4 Certificates. Group 4 Certificate: Any Class 4-A-1 Certificate. Group 5: All of the Group 5 Certificates. Group 5 Certificate: Any Class 5-A-1 Certificate.
Group 4. For a Participant who is on a long-term disability leave of absence, as defined by and subject to the provisions of the Long-Term Disability Plan sponsored by the Employer (the "LTD Plan"), the Employer shall continue to make contributions hereunder until the earlier of the date that the benefit payments under the LTD Plan cease or the date the Participant retires or terminates employment with the Employer. Such contributions shall be equal to 10% of the Participant's annual Compensation rate in effect immediately preceding his or her date of disablement. Participant Group 5: For a Participant who is on a leave of absence approved by the Employer, other than a long-term disability leave of absence, during which he or she is receiving Compensation, the Employer shall contribute 10% of such Compensation. Participant Group 6: For an Employee who is classified by the Employer as a member of its exempt staff or as an academic employee, and is scheduled to complete less than 1,000 Hours of Service during the Plan Year, but actually completes at least 1,000 Hours of Service during a Plan Year, the Employer shall contribute 10% of such Employee's Compensation for the Plan Year during which the Participant commenced participation and for each Plan Year thereafter, only if the Employee completes at least 1,000 Hours of Service during the Plan Year to which the contribution relates. Participant Group 7: For an Employee who is classified by the Employer as a member of its non-exempt staff, and has completed two Years of Service, the Employer shall contribute 10% of such Employee's Compensation for the Plan Year during which the Participant commenced participation and for each Plan Year thereafter, only if the Employee completes at least 1,000 Hours of Service during the Plan Year to which the contribution relates. Participant Group 8: For an Employee of the Contract Colleges who is participating in the SUNY ORP, and who is participating in the Employer's Phased Retirement Program for Tenured Statutory College Faculty with an appointment for 50% time or more, the Employer shall contribute an amount equal to the difference between (i) the contribution the Employee would have received pursuant to the SUNY ORP, if the Employee had continued to be employed full-time by the Contract Colleges, and (ii) the contribution actually made for such Employee pursuant to the SUNY ORP based on the Employee's part-time employment with the Contract Colleges. Individuals described in thi...