Examples of Loan Group 3 in a sentence

Loan Group: Loan Group 1, Loan Group 2, Loan Group 3, Loan Group 4 or Loan Group 5, as applicable.
Loan Group 3 will consist of first lien fixed and adjustable rate mortgage loans.
The aggregate Stated Principal Balance of the Mortgage Loans included in the Statistical Calculation Pool as of the Statistical Calculation Date is approximately $1,733,647,627 (the “Statistical Calculation Date Pool Principal Balance”), of which approximately$450,051,732 constitute Loan Group 1 Mortgage Loans, approximately $450,073,622 constitute Loan Group 2 Mortgage Loans and approximately $833,522,273 constitute Loan Group 3 Mortgage Loans.
Loan Group: Loan Group 1, Loan Group 2, Loan Group 3 or Loan Group 4, as applicable.
Group 3 Principal Distribution Amount: With respect to each Distribution Date, the product of (i) the Principal Distribution Amount and (ii) a fraction, the numerator of which is the Principal Remittance Amount for Loan Group 3 for that Distribution Date and the denominator of which is the aggregate Principal Remittance Amount for all of the Loan Groups for that Distribution Date.

More Definitions of Loan Group 3

Loan Group 3. The aggregate of the Mortgage Loans identified on Schedule I as being included in Loan Group 3.

Loan Group 3. The Group 3 Loans.

Loan Group 3 means the pool of Home Equity Loans identified in the Schedule of Home Equity Loans for Sub-Trust 3.

Loan Group 3. As of the Cut-Off Date, consists of (a) 100% of the principal balance of each Pool 3 Mortgage Loan with a Net Mortgage Rate less than 5.00% per annum, and (b) a portion of each Pool 3 Mortgage Loan with a Net Mortgage Rate greater than or equal to 5.00% per annum and less than 5.25% per annum, equal to: 0.50% The Stated Principal Balance of such Mortgage Loan x 1− (Net Mortgage Rate −5.00%)

Loan Group 3. Sub-Account," "Loan Group 4 Sub-Account," "Loan Group 5 Sub-Account," "Loan Group 6 Sub-Account," "Loan Group 7 Sub-Account," "Loan Group 8 Sub-Account" and "Loan Group 9 Sub-Account") and one for each of the CB Lower-Tier Certificate Sub-Account, the DB Lower-Tier Certificate Sub-Account, the Middle-Tier Certificate Sub-Account and the Upper-Tier Certificate Sub-Account. Funds in the Distribution Account shall be held in trust for the Holders of the Certificates for the uses and purposes set forth in this Agreement.

Loan Group 3. Sub-Account" and "Loan Group 4 Sub-Account") and one for each of the Lower-Tier Certificate Sub-Account and the Upper-Tier Certificate Sub-Account. Funds in the Certificate Account shall be held in trust for the Holders of the Certificates for the uses and purposes set forth in this Agreement.