Pool II definition

Pool II. The aggregate of the Mortgage Loans identified on the Mortgage Loan Schedule as being included in Pool II.
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Pool II. The pool of Mortgage Loans identified in the related Mortgage Loan Schedule as having been assigned to Pool II, including any Eligible Substitute Mortgage Loans delivered in replacement thereof.
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Pool II. The pool of Mortgage Loans held by the Trust, as a separate sub-trust, which secure the obligations of the Trust with respect to the Class A-2 Notes, as reflected on the Mortgage Loan Schedule.
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Examples of Pool II in a sentence

  • The Lower REMIC Interest L-II-A-1, Lower REMIC L-II-A-2 and Lower REMIC Interest L-II-ZZZ shall be Corresponding Classes to these classes of Middle REMIC Interests: M-II-A-1, X-X-0, X-X-0, X-X-0, X-X-0, X-X-0 and M-B-6 (provided that with respect to X-X-0, X-X-0, X-X-0, X-X-0, X-X-0 and M-B-6, such Lower REMIC Interests shall only correspond to the portion supported by Pool II).

  • The original term to maturity of each Mortgage Loan included in Pool I and Pool II shall be 360 months.

  • The original term to maturity of each Mortgage Loan in Mortgage Pool II shall be between 120 and 180 months.

  • The original term to maturity of each Mortgage Loan included in Pool I, Pool II, Pool III and Pool IV shall be 360 months.

  • The original term to maturity of each Mortgage Loan in Pool II shall be 180 months.

  • With respect to Pool I, the Group I Senior Certificates, and with respect to Pool II, the Group II Senior Certificates.

  • On any Distribution Date on which the Pool Principal Balance is less than 10% of the aggregate Cut-off Date Pool Principal Balance of Pool I and Pool II combined, the Master Servicer will have the option to repurchase, in whole, from the Trust Fund all remaining Mortgage Loans and all property acquired in respect of the Mortgage Loans in the Mortgage Pools at a purchase price determined as provided in the Agreement.

  • On any Distribution Date on which the Pool Principal Balance is less than 10% of the aggregate Cut-off Date Pool Principal Balances of Pool I and Pool II combined, the Master Servicer will have the option to repurchase, in whole, from the Trust Fund all remaining Mortgage Loans and all property acquired in respect of the Mortgage Loans in the Mortgage Pools at a purchase price determined as provided in the Agreement.

  • The Holders of a majority of the Percentage Interests represented by the Pool I, Pool II and Pool III Certificates, upon compliance with the requirements set forth in the Pooling and Servicing Agreement, have the right to exercise any trust or power set forth in the Pooling and Servicing Agreement with respect to the Certificates or the Trust Fund.

  • The original term to maturity of each Mortgage Loan included in Pool II shall be 180 months.


More Definitions of Pool II

Pool II. The mortgage pool consisting of conventional second lien, fixed and adjustable rate Mortgage Loans.
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Pool II collectively, the Communities identified on Exhibit A-11 as comprising "Pool II." POOL III: collectively, the Communities identified on Exhibit A-11 as comprising "Pool III."
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Pool II means all Accounts which have been assigned to more than two outside collection agencies for collection following charge-off.
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Pool II means, the pool of adjustable rate Mortgage Loans indicated as being contained in Pool II on the List of Loans.
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Pool II. The pool of Home Equity Loans identified in the related Schedule IB as having been assigned to the Pool II, including any Qualified Replacement Mortgages delivered in replacement thereof.
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Pool II shall have the meanings set forth in the Sale and Servicing Agreement.
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Related to Pool II

  • Pool 3 The aggregate of the Mortgage Loans identified on the Mortgage Loan Schedule as being included in Pool 3.

  • Pool 2 The aggregate of the Mortgage Loans identified on the Mortgage Loan Schedule as being included in Pool 2.

  • Pool means a voluntary arrangement, established on an ongoing basis, pursuant to which two or more insurers participate in the sharing of risks on a predetermined basis. The pool may operate through an association, syndicate, or other pooling agreement.

  • Pool 1 The aggregate of the Mortgage Loans identified on the Mortgage Loan Schedule as being included in Pool 1.

  • Asset Pool Supplement means the Second Amended and Restated Asset Pool One Supplement to the Indenture, dated as of December 19, 2007, by and among the Issuing Entity, the Indenture Trustee and the Collateral Agent.

  • Asset Pool means a pool of cash-flow generating assets in which an issuer of a securitized product has a direct or indirect ownership or security interest;

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

  • Investment pool means an entity created under the Texas Gov- ernment Code to invest public funds jointly on behalf of the entities that participate in the pool and whose investment objectives in or- der of priority are preservation and safety of principal, liquidity, and yield.

  • NEPOOL GIS means the New England Power Pool Generation Information System.

  • Securitization Asset means (a) any accounts receivable, mortgage receivables, loan receivables, royalty, franchise fee, license fee, patent or other revenue streams and other rights to payment or related assets and the proceeds thereof and (b) all collateral securing such receivable or asset, all contracts and contract rights, guarantees or other obligations in respect of such receivable or asset, lockbox accounts and records with respect to such account or asset and any other assets customarily transferred (or in respect of which security interests are customarily granted) together with accounts or assets in connection with a securitization, factoring or receivable sale transaction.

  • Securitization Rate means, with respect to a 2014-A Lease, an annualized rate that is equal to 7.00%.

  • Pool Strip Rate With respect to each Mortgage Loan, a per annum rate equal to the excess of (a) the Net Mortgage Rate of such Mortgage Loan over (b) the Discount Net Mortgage Rate (but not less than 0.00%) per annum.

  • Asset Pool 1 Supplement means the Asset Pool 1 Supplement dated as of October 9, 2002, by and between the Issuer and the Indenture Trustee, as amended and supplemented from time to time.

  • Asset Pool One Supplement The Second Amended and Restated Asset Pool One Supplement, dated as of December 19, 2007, between Chase Issuance Trust, as Issuing Entity, and Xxxxx Fargo Bank, National Association, as Indenture Trustee and Collateral Agent, and acknowledged and accepted by the Bank, as Transferor, Servicer and Administrator.

  • Citigroup Trust means each of Citigroup Capital III, Citigroup Capital XIII and Citigroup Capital XVIII, each a Delaware statutory trust, or any other similar trust created for the purpose of issuing preferred securities in connection with the issuances of junior subordinated notes under the junior subordinated debt indentures or the junior junior subordinated debt indenture.

  • Mortgage Pool Assets (i) The Mortgage Loans (including all Substitute Mortgage Loans) identified on the Mortgage Loan Schedule, and all rights pertaining thereto, including the related Mortgage Notes, Mortgages, Cooperative Stock Certificates, Cooperative Leases, Security Agreements, Assignments of Proprietary Lease, and Recognition Agreements, and all Monthly Payments due after the Cut-Off Date and all other payments and distributions collected with respect to the Mortgage Loans on or after the Cut-Off Date; (ii) the Certificate Account, the Investment Account, and all money, instruments, investment property, and other property credited thereto, carried therein, or deposited therein (except amounts constituting the Servicing Fee); (iii) the Custodial Accounts for P&I and any Buydown Fund Account (to the extent of the amounts on deposit or other property therein attributable to the Mortgage Loans), and all money, instruments, investment property, and other property credited thereto, carried therein, or deposited therein (except amounts constituting the Servicing Fee); (iv) all property that secured a Mortgage Loan and that has been acquired by foreclosure or deed in lieu of foreclosure or, in the case of a Cooperative Loan, a similar form of conversion, after the Cut-Off Date; and (v) each FHA insurance policy, Primary Insurance Policy, VA guaranty, and other insurance policy related to any Mortgage Loan, and all amounts paid or payable thereunder and all proceeds thereof.

  • Pledged Asset Mortgage Loan A Mortgage Loan as to which, at the time of origination, a Letter of Credit was issued in favor of the initial holder of such Mortgage Loan.

  • Pool Assets has the meaning set forth in Section 1.2(d) of the Agreement.

  • Securitization Assets means the accounts receivable, royalty or other revenue streams and other rights to payment subject to a Qualified Securitization Financing and the proceeds thereof.

  • Securitization Date means the effective date on which the Securitization of the first Note or portion thereof is consummated.

  • Asset means any asset or property.

  • Pool Subordinate Amount As to each Mortgage Pool and any Distribution Date, the excess of the Pool Balance for such Mortgage Pool as of the first day of the immediately preceding Collection Period over (i) the Class Principal Amount of the Group 1 Senior Certificates (in the case of Pool 1) or (ii) the aggregate Class Principal Amounts of the Group 2 Senior Certificates (in the case of Pool 2) immediately prior to the related Distribution Date.

  • Pledged Asset Mortgage Servicing Agreement The Pledged Asset Mortgage Servicing Agreement, dated as of February 28, 1996 between MLCC and the Master Servicer. Pooling and Servicing Agreement or Agreement: With respect to any Series, this Standard Terms together with the related Series Supplement.

  • Securitization Trust means a trust formed pursuant to a Securitization pursuant to which one or more of the Notes are held.

  • Securitization Property means the property described in section 10j.

  • Lead Securitization Date means the closing date of the Lead Securitization.