Examples of Group 5 Loans in a sentence
The Group 5 Loans having Pass-Through Rates greater than or equal to 5.500% per annum.
At TNDC, many of our properties are specially funded and therefore adopt special eligibility criteria and additional requirements in order for applicants to be accepted.
Groups 2, 3, 4 and 5 Subordinate Balance: For any date of determination, an amount equal to the then outstanding aggregate Principal Balance of the Group 2, Group 3, Group 4 and Group 5 Loans reduced by the sum of the aggregate Class Principal Balance of the Group 2‑A, Group 3-A, Group 4-A, Group 5-A, Class C-P and Residual Certificates.
For any Distribution Date and the Class DA Group 5 Component and the Class DA-1B Group 5 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 5 Loans at the Loan Group 5 Weighted Average Pass-Through Rate for that Distribution Date less the Net Negative Amortization Amount for Loan Group 5 and (ii) 12, and the denominator of which is equal to the Loan Group 5 Balance for such Distribution Date.
For any Distribution Date, the weighted average of the Pass-Through Rates on the Group 5 Loans as of the second preceding Due Date (after giving effect to (i) payments due on such Mortgage Loans on such Due Date and (ii) except for the first Distribution Date, any Payoffs on WMB Loans in such Loan Group received on or before the 14th day of the calendar month of such Due Date).
The aggregate principal balance of the Group 5 Loans as of the Cut-Off Date (after giving effect to payments due on those Mortgage Loans on that date).
For any Distribution Date and the Class 5A Certificates, 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 5 Loans at the Loan Group 5 Weighted Average Pass-Through Rate for that Distribution Date less the Net Negative Amortization Amount for Loan Group 5 and (ii) 12, and the denominator of which is equal to the Loan Group 5 Balance for such Distribution Date.
For any Distribution Date, the weighted average of the Pass-Through Rates on the Group 5 Loans (each such Pass-Through Rate with respect to a Countrywide Loan reduced by 1.250%) as of the second preceding Due Date (after giving effect to (i) payments due on such Mortgage Loans on such Due Date and (ii) except for the first Distribution Date, any Payoffs on WMB Loans in such Loan Group received on or before the 14th day of the calendar month of such Due Date).