Examples of Group V Loans in a sentence
The Trust shall be deemed to consist of five sub-trusts, one with respect to each of the Group I, Group II, Group III, Group IV and Group V Loans.
This Certificate is primarily backed by the Group V Loans sold by DB Structured Products, Inc.
Any Excess Cash Flow distributable pursuant to Section 4.02(I)(a)(xi) on each Distribution Date shall be paid to the Group A-II Certificates to the extent of any Excess Special Hazard Losses on the Group II Loans, Group III Loans, Group IV Loans, Group V Loans, Group VI Loans, Group VII Loans, Group VIII Loans and Group IX Loans that are allocable to such Group A-II Certificates, in an amount up to the remaining Special Hazard Amount for the Group I Loans.
Any further Excess Special Hazard Losses on the Group II Loans, Group III Loans, Group IV Loans, Group V Loans, Group VI Loans, Group VII Loans, Group VIII Loans and Group IX Loans will be allocated to the Classes of Certificates related to such Mortgage Loans on a pro rata basis.
The Net WAC Pass Through Rate for any Distribution Date and the Class V-A-1 Certificates is a rate per annum equal to the weighted average of the Net Mortgage Rates of the then outstanding Group V Loans, weighted based on their Scheduled Principal Balances as of the first day of the calendar month preceding the month in which the Distribution Date occurs.
With respect to any Distribution Date, Eligible Master Servicing Compensation derived from Loan Group V shall be used on such Distribution Date (i) to cover any Prepayment Interest Shortfalls on the Group V Loans and (ii) to cover any Prepayment Interest Shortfalls on the Group I Loans, Group II Loans, Group III Loans and Group IV Loans, but only to the extent not covered by Eligible Master Servicing Compensation derived from Loan Group I, Loan Group II, Loan Group III and Loan Group IV.
With respect to any Distribution Date, Eligible Master Servicing Compensation 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, Group III Loans, Group IV Loans and Group V Loans, but only to the extent not covered by Eligible Master Servicing Compensation derived from Loan Group I, Loan Group III, Loan Group IV and Loan Group V.
Those Loans having original terms to maturity of not greater than thirty (30) years and identified on the Loan Schedule as Group V Loans.
With respect to any Distribution Date, Eligible Master Servicing Compensation derived from Loan Group III shall be used on such Distribution Date (i) to cover any Prepayment Interest Shortfalls on the Group III Loans and (ii) to cover any Prepayment Interest Shortfalls on the Group I Loans, Group II Loans, Group IV Loans and Group V Loans, but only to the extent not covered by Eligible Master Servicing Compensation derived from Loan Group I, Loan Group II, Loan Group IV and Loan Group V.
With respect to any Distribution Date, Eligible Master Servicing Compensation derived from Loan Group IV shall be used on such Distribution Date (i) to cover any Prepayment Interest Shortfalls on the Group IV Loans and (ii) to cover any Prepayment Interest Shortfalls on the Group I Loans, Group II Loans, Group III Loans and Group V Loans, but only to the extent not covered by Eligible Master Servicing Compensation derived from Loan Group I, Loan Group II, Loan Group III and Loan Group V.