Related Loan Group definition
Examples of Related Loan Group in a sentence
In addition, on each Distribution Date on and after the Senior Credit Support Depletion Date, Accrued Certificate Interest for each Class of Certificates relating to a Loan Group for such Distribution Date also shall be reduced by such Class's pro rata share, based on such Class's Interest Distribution Amount for such Distribution Date, without taking into account the allocation made by this Section 5.02(c), of any Realized Loss on a Mortgage Loan in the Related Loan Group allocable to interest.
Notwithstanding the foregoing, the Master Servicer shall not modify the terms of Mortgage Loans having an aggregate Principal Balance in excess of 3.00% of the Cut-off Date Aggregate Principal Balance of the Related Loan Group without the consent of the Certificate Insurer.
The Component Balance of the PO Component of Group 2, Group 3 and Group 4 shall be reduced on each Distribution Date by the amount, if any, by which the Component Balance of such PO Component (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date.
The Class Certificate Balance of the Class A-PO Certificates of a Group shall be reduced on each Distribution Date by the amount, if any, by which the Class Certificate Balance of such Class A-PO Certificates (after giving effect to the amount to be distributed as a distribution of principal and the allocation of Realized Losses on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date.
The Class Certificate Balance of the Class 1-PO and Class 15-PO Certificates shall be reduced on each Distribution Date by the amount, if any, by which the Class Certificate Balance of such Class (after giving effect to the amount to be distributed as a distribution of principal on such Distribution Date) exceeds the Adjusted Pool Amount (PO Portion) for the Related Loan Group for such Distribution Date.