Pool I definition

Pool I. The aggregate of the Mortgage Loans identified on the Mortgage Loan Schedule as being included in Pool I.
Pool I. The pool of Mortgage Loans identified in the related Mortgage Loan Schedule as having been assigned to Pool I, including any Eligible Substitute Mortgage Loan delivered in the replacement thereof.
Pool I. The pool of Mortgage Loans held by the Trust, as a separate sub-trust, which secure the obligations of the Trust with respect to the Class A-1 Notes, as reflected on the Mortgage Loan Schedule.

Examples of Pool I in a sentence

  • The original term to maturity of each Mortgage Loan included in Pool I and Pool II shall be 360 months.

  • The original term to maturity of each Mortgage Loan included in Pool I, Pool II, Pool III and Pool IV shall be 360 months.

  • On any Distribution Date on which the Pool Principal Balance is less than 10% of the aggregate Cut-off Date Pool Principal Balance of Pool I and Pool II combined, the Master Servicer will have the option to repurchase, in whole, from the Trust Fund all remaining Mortgage Loans and all property acquired in respect of the Mortgage Loans in the Mortgage Pools at a purchase price determined as provided in the Agreement.

  • With respect to Pool I, the Group I Senior Certificates, and with respect to Pool II, the Group II Senior Certificates.

  • On any Distribution Date on which the Pool Principal Balance is less than 10% of the aggregate Cut-off Date Pool Principal Balances of Pool I and Pool II combined, the Master Servicer will have the option to repurchase, in whole, from the Trust Fund all remaining Mortgage Loans and all property acquired in respect of the Mortgage Loans in the Mortgage Pools at a purchase price determined as provided in the Agreement.


More Definitions of Pool I

Pool I. Pool 1," "Pool 2" and "Pool II" in the Warranties and Servicing Agreement are hereby deleted.
Pool I collectively, the Communities identified on Exhibit A-11 as comprising "Pool I."
Pool I means all Accounts which have been assigned to no more than two outside collection agencies for collection following charge-off.
Pool I means, the pool of fixed rate Mortgage Loans indicated as being contained in Pool I on the List of Loans.
Pool I or "POOL II" when used as a pre-fix to "Contributed Investment", "Intermediate Holder", "Underlying Business", "Controlled Business", or "Publicly Traded Investment", shall mean an Intermediate Holder or Underlying Business or a Controlled Business or Publicly Traded Investment, as applicable, of or constituting a Pool I Contributed Investment or Pool II Contributed Investment, as applicable.
Pool I and "Pool II" shall have the meanings set forth in the Sale and Servicing Agreement.