Examples of Group II Loans in a sentence
This Certificate is primarily backed by the Group II Loans sold by DB Structured Products, Inc.
The Certificates are limited in right of payment to certain collections and recoveries respecting the related Group II Loans.
The Agreement permits, but does not require, the party designated in the Agreement to purchase all the Group II Loans and all property acquired in respect of any Group II Loan at a price determined as provided in the Agreement.
Any Group II Loans removed from the Trust Estate pursuant to Section 3.15(b) of the Servicing Agreement shall be property of the Issuer and, upon the written request of the Class SB-II Certificateholders holding 100% of the Certificate Percentage Interests of the Class SB-II Certificates, be released to the Class SB-II Certificateholders as a dividend and in accordance with the written instructions of such Certificateholders.
It is the intention of the parties hereto that, solely for federal, state and local income and franchise tax purposes, the Trust shall be treated as a disregarded entity while it is wholly owned by a single person or entity, with the Group II Loans being treated as assets of the single person or entity, and the Class II Notes being debt of the entity and the provisions of this Trust Agreement shall be interpreted to further this intention.