Examples of Undercollateralized Loan Group in a sentence

If on any Distribution Date, there is more than one Undercollateralized Loan Group, the distributions described above will be made in proportion to the amounts by which the aggregate Class Principal Balance of the classes of Affected Senior Certificates related to a Loan Group exceeds the principal balance of the Mortgage Loans in such Loan Group.

More Definitions of Undercollateralized Loan Group

Undercollateralized Loan Group. With respect to any Payment Date, a Loan Group which benefits from the payment of a Subordinated Transfer Realized Loss Amount.

Undercollateralized Loan Group. With respect to any Payment Date, a Loan Group which benefits from the payment of a Subordinated Transfer Realized Loss Amount. Underwriters: Countrywide Securities Corporation and Merrill Lynch, Pierce, Fenner & Smitx Xxxxxporated, xx xxeix xxxxessxxx.

Undercollateralized Loan Group. With respect to the Group II Class A Certificates and the Group III Class A Certificates, as to any Distribution Date, any Loan Group or Subgroup within the related Collateral Pool for which an Undercollateralized Amount greater than zero is calculated.

Undercollateralized Loan Group. As defined in Section 3.03 hereof. Xxxxx Fargo: Xxxxx Fargo Bank, N.A., or any successor in interest.

Undercollateralized Loan Group. As defined in Section 3.03. 111484 GSR 2004-7 Trust Agreement

Undercollateralized Loan Group. With respect to the Class A Certificates as to any Distribution Date, any Loan Group for which an Undercollateralized Amount greater than zero is calculated.

Undercollateralized Loan Group. As to any Distribution Date and Loan Group I, Loan Group II, Loan Group III and Loan Group IV, any such Loan Group for which an Undercollateralized Amount greater than zero is calculated.