Subgroup II-1 definition

Subgroup II-1. All of the Group II Mortgage Loans with a Net Mortgage Rate of less than or equal to 5.5000% per annum plus the Subgroup II-1 Fraction of the principal balance of any Group II Mortgage Loan with a Net Mortgage Rate of greater than 5.5000% per annum and less than 6.0000% per annum.
Sample 1Sample 2
Subgroup II-1. The group of Mortgage Loans (or portions of Mortgage Loans) comprised of the Subgroup II-1 Loans.
Sample 1Sample 2
Subgroup II-1. The pool of Mortgage Loans designated as Subgroup II-1. The Class II-1A Certificates and the Class II-X-1 Certificates correspond to Subgroup II-1.
Sample 1

Examples of Subgroup II-1 in a sentence

  • The Subgroup II-1 Loans having Pass-Through Rates in excess of 7.000% per annum.

  • As to each Distribution Date through the Group I Cross-Over Date, the aggregate of all amounts allocable on such dates to the Class II-PO Certificates in respect of the principal portion of Realized Losses in respect of Discount Mortgage Loans in Subgroup II-1 and the Class II-PO Certificate Cash Shortfall and all amounts previously allocated in respect of such losses and such shortfalls to the Class II-PO Certificates, and not distributed on prior Distribution Dates.

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

  • The Pass-Through Rate on the Class II- B-[3][4][5] Certificates is equal to the weighted average of (i) with respect to the Subgroup II-1 and Subgroup II-3 Loans, 6.00% and (ii) with respect to the Subgroup II-2 Loans, 5.50%, weighted in proportion to the results of subtracting the current aggregate certificate principal balance of the related Group II Senior Certificates (other than the Class II-X1 and Class II-X2 Certificates) from the aggregate principal balance of each Loan Subgroup.

  • SGR will provide Interim City Manager Services to City as follows: Interim City Manager Services $104.95 per hour Comprehensive Media Search Report $500 Background Investigation $300 Mileage/Temporary Housing Stipend TBDConfidentiality Agreement.

  • This interest shall be entitled to receive all interest accrued at the related Stripped Interest Rate on each Subgroup II-1 or Subgroup II- 3 Non-Discount Mortgage Loan.

  • The Pass-Through Rate on the Class II-M Certificates is equal to the weighted average of (i) with respect to the Subgroup II-1 and Subgroup II-3 Loans, 6.00% and (ii) with respect to the Subgroup II-2 Loans, 5.50%, weighted in proportion to the results of subtracting the current aggregate certificate principal balance of the related Group II Senior Certificates (other than the Class II-X1 and Class II-X2 Certificates) from the aggregate principal balance of each Loan Subgroup.

  • The Subgroup II-1 Loans having Pass-Through Rates in excess of 6.4809% per annum.

  • The case study aims to provide practical solutions to theprimary research objective: sustainably reducing the hospital’s energy costs.

  • Any Subgroup II-1 Loan with a Net Mortgage Rate as of the Cut- Off Date greater than or equal to 6.000% per annum.


More Definitions of Subgroup II-1

Subgroup II-1. All Group II Loans with a Pass-Through Rate of less than 6.00% per annum.
Sample 1

Related to Subgroup II-1

  • 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.

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

  • 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.

  • 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.

  • Group II means Series 2018-7 and each other Series specified in the related Supplement to be included in Group II.

  • 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.

  • Loan Group 5 The Group 5 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.

  • Loan Group 4 The Group 4 Mortgage Loans.

  • Group II Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group II Loans.

  • Loan Group 3 The Group 3 Mortgage Loans.

  • 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.

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

  • Group II Senior Percentage For any Distribution Date, the lesser of (i) 100% and (ii) the aggregate Class Principal Balance of the Group II-A and Residual Certificates divided by the aggregate Class Principal Balance of the Group II Loans (exclusive of the Class II-P Fraction thereof, with respect to any Class II-P Mortgage Loan), in each case immediately before such Distribution Date.

  • 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.

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

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

  • 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 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 II Class A Certificates The Class A-2a Certificates, the Class A-2b Certificates, the Class A-2c Certificates and the Class A-2d Certificates, collectively.

  • 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 II Certificates The Class A-2A, Class A-2B, Class A-2C and Class A-2D Certificates.