Subgroup I-2 definition

Subgroup I-2. All of the Group I Mortgage Loans with a Net Mortgage Rate of 5.0000% per annum plus the Subgroup I-2A Fraction of the principal balance of any Group I Mortgage Loan with a Net Mortgage Rate of greater than 4.7500% per annum and less than 5.0000% per annum and the Subgroup I-2B Fraction of the principal balance of any Group I Mortgage Loan with a Net Mortgage Rate greater than 5.0000% per annum and less than 5.2500% per annum.
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Subgroup I-2. The group of Mortgage Loans (or portions of Mortgage Loans) comprised of the Subgroup I-2 Loans.
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Subgroup I-2. The pool of Mortgage Loans designated as Subgroup I-2. The Class I-2A Certificates and Class I-2X Certificates correspond to Subgroup I-2.
Sample 1

Examples of Subgroup I-2 in a sentence

  • The program began re-opening centers for in- person services during June, July and August 2020.

  • Subgroup I-1, Subgroup I-2, Subgroup II-1 or Subgroup II-2, as applicable.

  • Any breach of a representation or warranty contained in clauses (c), (q) and (s) with respect to the Subgroup I-2 Loans and (z) through (ii) of Section 7 of the Mortgage Loan Purchase Agreement, shall be deemed to materially adversely affect the interests of the related Certificateholders.

  • THROUGH RATE RELATED SUBGROUP ----------------------- ------------------------ ------------------------ ------------------------------------ 1-Sub $ 628.60 4.7500% Subgroup I-1 2-Sub $ 659.13 5.0000% Subgroup I-2 3-Sub $ 647.09 5.2500% Subgroup I-3 PO $ 534,020.21 0.0000% Subgroup I-1 1-ZZZ $ 39,113,378.27 4.7500% Subgroup I-1 2-ZZZ $ 41,012,868.46 5.0000% Subgroup I-2 3-ZZZ $ 40,263,698.

  • Any of Subgroup I-1, Subgroup I-2, Subgroup II-1 and Subgroup II-2.

  • On the Closing Date, the Company does hereby sell, transfer, assign, set over, and otherwise convey to the Trust, and shall deposit in the Certificate Account, the amount of $1,567.50 (the "Subgroup I-2 Late Interest Deposit") and the amount of $760.00 (the "Subgroup I-3 Late Interest Deposit") representing one month's interest with respect to a portion included in Subgroup I-2 and another portion included in Subgroup I-3, respectively, of a Mortgage Loan which does not have a Due Date until January 2004.

  • THROUGH RATE RELATED SUBGROUP ---------------- ------------------------ ----------------- ---------------- 1-Sub $ 1,667.35 7.0000% Subgroup I-1 2-Sub $ 1,260.85 7.5000% Subgroup I-2 3-Sub $ 2,431.32 8.0000% Subgroup I-3 PO $ 928,088.74 0.0000% Subgroup I-1 1-ZZZ $ 25,355,681.95 7.0000% Subgroup I-1 2-ZZZ $ 19,166,584.43 7.5000% Subgroup I-2 3-ZZZ $ 36,985,885.

  • With respect to Subgroup I-2 for any date of determination, the then outstanding aggregate Principal Balance of the Subgroup I-2 Loans minus the then outstanding aggregate Class Principal Balance of the Subgroup I-2 Certificates.

  • Any distributions of principal to the Class I-2-A Certificates shall be made by the Trustee first from Group I Available Funds relating to the Subgroup I-2 Mortgage Loans.

  • The Subgroup I-1 Loans --------------------------------------- having Pass-Through Rates in excess of 6.375% per annum; the Subgroup I-2 Loans; the Subgroup I-3 Loans; and the Subgroup I-4 Loans having Mortgage Interest Rates less than 7.625% per annum.


More Definitions of Subgroup I-2

Subgroup I-2. The Subgroup I-2 Fraction of the principal balance of any Group I Mortgage Loan with a Net Mortgage Rate of greater than 5.2500% per annum and less than 8.0000% per annum and any Group I Mortgage Loan with a Net Mortgage Rate of 8.0000% per annum.
Sample 1
Subgroup I-2. All Group I Loans with a Pass-Through Rate equal to or greater than 6.50% per annum.
Sample 1
Subgroup I-2. The subgroup of Mortgage Loans comprised of the Subgroup I-2 Loans. Subgroup I-2 Initial Senior Component Balance: $168,751,814.51.
Sample 1

Related to Subgroup I-2

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

  • Loan Group I Cap With respect to the Group I Mortgage Loans as of any Distribution Date, the product of (i) the weighted average of the Adjusted Net Mortgage Rates then in effect on the beginning of the related Due Period on the Group I Mortgage Loans and (ii) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the Interest Accrual Period related to such Distribution Date.

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

  • Loan Group II Cap With respect to the Group II Mortgage Loans as of any Distribution Date, the product of (i) the weighted average of the Adjusted Net Mortgage Rates then in effect on the beginning of the related Due Period on the Group II Mortgage Loans and (ii) a fraction, the numerator of which is 30 and the denominator of which is the actual number of days in the Interest Accrual Period related to such Distribution Date.

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

  • Group III All applicants for employment who have had two (2) or more years' experience in the trade, are residents of the geographical area constituting the normal construction labor market area, and who have been employed in the normal construction labor market area for at least six (6) months in the last two and one-half (2½) years in the geographical area covered by the collective bargaining agreement.

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

  • Group II 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.

  • 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.

  • 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.

  • Loan Group IV The group of Mortgage Loans comprised of the Group IV Loans.

  • Loan Group 5 The Group 5 Mortgage Loans.

  • Loan Group 4 The Group 4 Mortgage Loans.

  • 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.

  • REMIC II Overcollateralization Amount With respect to any date of determination, (i) 0.50% of the aggregate Uncertificated Balances of the REMIC II Regular Interests (other than REMIC II Regular Interest P) minus (ii) the aggregate of the Uncertificated Balances of REMIC II Regular Interest A-1, REMIC II Regular Interest A-2A, REMIC II Regular Interest A-2B, REMIC II Regular Interest A-2C, REMIC II Regular Interest A-2D, REMIC II Regular Interest M-1, REMIC II Regular Interest M-2, REMIC II Regular Interest M-3, REMIC II Regular Interest M-4, REMIC II Regular Interest M-5, REMIC II Regular Interest M-6, REMIC II Regular Interest M-7, REMIC II Regular Interest M-8, REMIC II Regular Interest M-9, REMIC II Regular Interest M-10 and REMIC II Regular Interest M-11, in each case as of such date of determination.

  • Loan Group 3 The Group 3 Mortgage Loans.

  • 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 II Principal Distribution Amount With respect to any Distribution Date, the sum of (i) the Group II 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 II Allocation Percentage.

  • REMIC I Overcollateralized Amount With respect to any date of determination, (i) 1% of the aggregate Uncertificated Balance of the REMIC I Regular Interests (other than REMIC I Regular Interest I-LTP) minus (ii) the aggregate Uncertificated Balance of REMIC I Regular Interest I-LTA1, REMIC I Regular Interest I-LTA2, REMIC I Regular Interest I-LTA3, REMIC I Regular Interest I-LTA4, REMIC I Regular Interest I-LTM1, REMIC I Regular Interest I-LTM2, REMIC I Regular Interest I-LTM3, REMIC I Regular Interest I-LTM4, REMIC I Regular Interest I-LTM5, REMIC I Regular Interest I-LTM6, REMIC I Regular Interest I-LTM7, REMIC I Regular Interest I-LTM8, REMIC I Regular Interest I-LTM9, REMIC I Regular Interest I-LTM10, in each case as of such date of determination.

  • Group 1 Available Funds As to any Distribution Date, the sum of (a) the aggregate amount held in the Collection Account at the close of business on the related Servicer Remittance Date and, without duplication, on deposit in the Distribution Account at the close of business of the related Distribution Account Deposit Date, attributable to the Group 1 Mortgage Loans net of (i) the Amount Held for Future Distribution related to the Group 1 Mortgage Loans, (ii) amounts related to the Group 1 Mortgage Loans permitted to be withdrawn from the Collection Account pursuant to clauses (i)-(viii) inclusive and clauses (ix)(a)(ii) and (iii), (ix)(b), (x) and (xi) of Section 3.10(a), (iii) after giving effect to all amounts deposited to the Distribution Account from the Collection Account, amounts related to the Group 1 Mortgage Loans permitted to be withdrawn from the Distribution Account pursuant to clauses (i)-(iv) inclusive of Section 3.10(b), and (iv) any Fair Market Value Excess, (b) the amount of the related Advances related to the Group 1 Mortgage Loans and (c) in connection with Defective Mortgage Loans in Loan Group 1, as applicable, the aggregate of the Purchase Prices and Substitution Adjustment Amounts deposited on the related Distribution Account Deposit Date.

  • REMIC 2 Overcollateralization Target Amount 1.00% of the Overcollateralization Target Amount.

  • Group II Available Funds As defined in Section 7.3(a)(ii) hereof.

  • Group I Senior Percentage As of each Distribution Date, the lesser of 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Group I Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) in Loan Group I immediately prior to such Distribution Date.

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

  • Group II The pool of Mortgage Loans identified in the related Schedules of Mortgage Loans as having been assigned to Group II, including any Qualified Replacement Mortgages delivered in replacement thereof and each Subsequent Mortgage Loan delivered to the Trust for inclusion therein.