Subgroup A definition

Subgroup A. The Mortgage Loans with Net Rates greater than or equal to 5.50% and less than 6.00%.
Subgroup A. The pool of Mortgage Loans identified in the related Schedules of Mortgage Loans as having been assigned to Group II, Subgroup A, including any Group II Subsequent Mortgage Loans included in Subgroup A and, including any Group II Qualified Substitute Mortgage Loans delivered in replacement thereof.
Subgroup A. All Pool 1 Mortgage Loans with a Net Mortgage Rate less than or equal to 6.25%.

Examples of Subgroup A in a sentence

  • On each Distribution Date following the Auction Date, interest will accrue on the Class A-3A Component at a per annum rate equal to the lesser of (i) the sum of One-Month LIBOR and 0.60% and (ii) the Subgroup A Cap.

  • To the extent that Compensating Interest for the Servicer is calculated pursuant to clause (a) of the previous sentence, such Compensating Interest shall be allocated to the Subgroup A Mortgage Loans and the Subgroup B Mortgage Loans, pro rata, based on the aggregate Prepayment Interest Shortfalls for such Distribution Date on the Mortgage Loans in such Subgroup.

  • Each insured depository institution is also assigned to one of the following "supervisory subgroups." Subgroup A, B or C.

  • On each Distribution Date following the Auction Date, interest will accrue on these Certificates at a per annum rate equal to the lesser of (i) the sum of One-Month LIBOR and 0.48% and (ii) the Subgroup A Cap.

  • Subgroup A institutions are Financially sound institutions with few minor weaknesses; Subgroup B institutions are institutions that demonstrate weaknesses which, if not corrected, could result in significant deterioration; and Subgroup C institutions are institutions for which there is a substantial probability that the FDIC will suffer a loss in connection with the institution unless effective action is taken to correct the areas of weakness.

  • For each Distribution Date occurring prior to and including the Auction Date, interest will accrue on these Certificates at a per annum rate equal to the lesser of (i) the sum of One-Month LIBOR and 0.24% and (ii) the Subgroup A Cap.

  • For each Distribution Date occurring prior to and including the Auction Date, interest will accrue on the Class A-3A Component at a per annum rate equal to the lesser of (i) the sum of One-Month LIBOR and 0.30% and (ii) the Subgroup A Cap.


More Definitions of Subgroup A

Subgroup A. All Mortgage Loans with a Net Mortgage Rates less than or equal to 6.000%.
Subgroup A. The Mortgage Loan allocated to Subgroup A with a Net Rate of 5.625%.
Subgroup A. The Class A-1 and the Class A-3A Component.

Related to Subgroup A

  • Subgroup Either Subgroup 1 or Subgroup 2, as applicable.

  • Group A means educational programs for career exploration, a

  • Loan Group 4 The Group 4 Mortgage Loans.

  • Loan Group 3 The Group 3 Mortgage Loans.

  • Loan Group 5 The Group 5 Mortgage Loans.

  • Loan Group 1 Principal Distribution Amount With respect to any Distribution Date, that portion, if any, of the Principal Distribution Amount attributable to Loan Group 1.

  • Group I Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Group I Principal Remittance Amount for such Distribution Date over (ii)(a) the Overcollateralization Release Amount, if any, for such Distribution Date multiplied by (b) the Group I Allocation Percentage.

  • Group 3 All of the Group 3 Certificates.

  • Group 2 Senior Principal Distribution Amount For any Distribution Date, an amount equal to the sum of (a) the Group 2 Senior Percentage of the Principal Payment Amount for Loan Group 2, (b) the Group 2 Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group 2 and (c) the Group 2 Senior Liquidation Amount.

  • Group II Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Group II Principal Remittance Amount for such Distribution Date over (ii)(a) the Overcollateralization Release Amount, if any, for such Distribution Date multiplied by (b) the Group II Allocation Percentage.

  • Loan Group Balance As to each Loan Group, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Loan Group that were Outstanding Mortgage Loans at the time of determination.

  • Group 4 All of the Group 4 Certificates.

  • Loan Group III The group of Mortgage Loans identified in the Mortgage Loan Schedule as having been assigned to Loan Group III.

  • Group 1 Principal Distribution Amount With respect to any Distribution Date is the sum of (i) the Group 1 Basic Principal Distribution Amount for such Distribution Date and (ii) the product of (a) the Overcollateralization Increase Amount for such Distribution Date and (b) the Group 1 Percentage.

  • Loan Group 2 All Mortgage Loans identified as Loan Group 2 Mortgage Loans on the Mortgage Loan Schedule.

  • Group 2 All of the Group 2 Certificates.

  • Group III Senior Principal Distribution Amount As to any Distribution Date, the sum of (i) the Group III Senior Percentage of the Principal Payment Amount for Loan Group III, (ii) the applicable Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group III, and (iii) the Group III Senior Liquidation Amount.

  • Group 2 Senior Certificates As specified in the Preliminary Statement.

  • Loan Group I The group of Mortgage Loans identified in the Mortgage Loan Schedule as having been assigned to Loan Group I.

  • Loan Group Cap The Loan Group I Cap or the Loan Group II Cap, as applicable.

  • Group I Principal Distribution Amount With respect to any Distribution Date, the sum of (i) the Group I Basic Principal Distribution Amount for such Distribution Date and (ii)(a) the Extra Principal Distribution Amount for such Distribution Date multiplied by (b) the Group I Allocation Percentage.

  • Group 1 Senior Principal Distribution Amount For any Distribution Date, an amount equal to the sum of (a) the Group 1 Senior Percentage of the Principal Payment Amount for Loan Group 1, (b) the Group 1 Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group 1 and (c) the Group 1 Senior Liquidation Amount.

  • Loan Group II The group of Mortgage Loans identified in the Mortgage Loan Schedule as having been assigned to Loan Group II.

  • Group I means Series 1997-1 and each other Series specified in the related Supplement to be included in Group I.

  • Group II Senior Principal Distribution Amount As to any Distribution Date, the sum of (i) the Group II Senior Percentage of the Principal Payment Amount for Loan Group II, (ii) the applicable Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group II, and (iii) the Group II Senior Liquidation Amount.

  • Loan Group 1 All Mortgage Loans identified as Loan Group 1 Mortgage Loans on the Mortgage Loan Schedule.