Examples of Loan Group IV in a sentence
For purposes of calculating the reduction of the Interest Distribution Amount for each Class of Group C-B Certificates with respect to Loan Group I, Loan Group II, Loan Group III, Loan Group IV or Loan Group V such reduction shall be based on the amount of interest accruing at the Net WAC Rate for such Loan Group on such Class’ proportionate share, based on the Class Principal Balance of the related Subordinate Component Balance for that Distribution Date.
For purposes of calculating the reduction of the Interest Distribution Amount for each Class of Group C-B Certificates with respect to Loan Group I, Loan Group II, Loan Group III or Loan Group IV such reduction shall be based on the amount of interest accruing at the Net WAC Rate for such Loan Group on such Class’ proportionate share, based on the Class Principal Balance of the related Subordinate Component Balance for that Distribution Date.
The Fraud Coverage for Loan Group I and Loan Group II and the Fraud Coverage for Loan Group III and Loan Group IV may be reduced upon written confirmation from the Rating Agencies that such reduction will not adversely affect the then current ratings assigned to the Certificates by the Rating Agencies.
Subsidiary REMIC 1 shall hold as its assets the Mortgage Loans in Loan Group I and Loan Group IV, and all collections and accounts related thereto.
Loan Group: Loan Group I, Loan Group II, Loan Group III or Loan Group IV, as applicable.