Subgroup II-3 Loans definition

Subgroup II-3 Loans. Any Loans having original terms to maturity not greater than fifteen (15) years and identified on the Loan Schedule as Subgroup II-3 Loans.
Sample 1Sample 2
Subgroup II-3 Loans. Any Group II Loans identified on the Group II Loan Schedule as Subgroup II-3 Loans.
Sample 1Sample 2
Subgroup II-3 Loans. The following portions of Group II Loans: for any Group II Loan with a Pass-Through Rate greater than 5.000%, a fraction of the Principal Balance of that Group II Loan equal to (a) the Pass-Through Rate of that Group II Loan minus 5.000, divided by (b) 3.0.
Sample 1

Examples of Subgroup II-3 Loans in a sentence

  • For any Distribution Date and the Subgroup II-3 Loans will be the aggregate of the following with respect to each Subgroup II-3 Discount Loan: the Subgroup II-3 Discount Fraction of the amounts described in the definition of Principal Distribution Amount, Principal Prepayment Amount and Liquidation Principal.


More Definitions of Subgroup II-3 Loans

Subgroup II-3 Loans. The Mortgage Loans included as such on the Mortgage Loan Schedule.
Sample 1

Related to Subgroup II-3 Loans

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

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

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

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

  • Loan Group 3 The Group 3 Mortgage Loans.

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

  • Loan Group 1 All Mortgage Loans identified as Loan Group 1 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.

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

  • 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.

  • Loan Group Any of Loan Group 1 or Loan Group 2, as applicable.