Group II Loans definition

Group II Loans. The Mortgage Loans designated on the Mortgage Loan Schedule as Group II Loans.
Group II Loans. The Mortgage Loans identified as such on the Mortgage Loan Schedule.
Group II Loans. The Mortgage Loans designated in Exhibit Two.

Examples of Group II Loans in a sentence

  • With respect to any Distribution Date, Compensating Interest derived from Loan Group II shall be used on such Distribution Date (i) to cover any Prepayment Interest Shortfalls on the Group II Loans and (ii) to cover any Prepayment Interest Shortfalls on the Group I Loans, but only to the extent not covered by Compensating Interest derived from Loan Group I.

  • With respect to any Distribution Date, Compensating Interest derived from Loan Group I shall be used on such Distribution Date (i) to cover any Prepayment Interest Shortfalls on the Group I Loans and (ii) to cover any Prepayment Interest Shortfalls on the Group II Loans, but only to the extent not covered by Compensating Interest derived from Loan Group II.

  • This Certificate is primarily backed by the Group II Loans sold by DB Structured Products, Inc.

  • The right of the Master Servicer or the Company to purchase all the assets of the Trust Fund relating to the Group II Loans, pursuant to clause (ii) above is conditioned upon the date of such purchase occurring on or after the Group II Optional Termination Date.

  • The Certificates are limited in right of payment to certain collections and recoveries respecting the related Group II Loans.


More Definitions of Group II Loans

Group II Loans. The Mortgage Loans designated on the Mortgage Loan Schedule attached hereto as Exhibit F-2. The Group II Loans relate to the Class A-II Certificates, Class M Certificates and Class SB Certificates.
Group II Loans. The Mortgage Loans designated on the Mortgage Loan Schedule attached hereto as Exhibit F-2.
Group II Loans. Those Loans having original terms to maturity of not greater than fifteen (15) years and identified on the Loan Schedule as Group II Loans.
Group II Loans. The HELOCs in Loan Group II.
Group II Loans. The Mortgages and the related Mortgage Notes, each transferred and assigned to the Trustee pursuant to the provisions hereof as from time to time are held as part of the Trust Fund, as so identified in the Loan Schedule related to Group II. Each of the Group II Loans is referred to individually in this Agreement as a “Group II Loan”. After each Subsequent Transfer Date, Group II Loans shall include any related Subsequent Loans transferred to the Trust Fund on such Subsequent Transfer Date.
Group II Loans. The Home Equity Loans in Loan Group II.
Group II Loans or "Loan Group II": The group of Mortgage Loans identified on Exhibit D-2 from time to time.