Prepayment Distribution Percentage. With respect to any Distribution Date and each Class of Subordinate Certificates, under the applicable circumstances set forth below, the respective percentages set forth below:
Prepayment Distribution Percentage. With respect to any Distribution Date and each Class of Subordinate Certificates for each Loan Group, under the applicable circumstances set forth below, the respective percentages set forth below:
Prepayment Distribution Percentage. With respect to any Distribution Date and each Class of Subordinate Certificates in the Certificate Group for Loan Group I and Loan Group II and Loan Group III combined, under the applicable circumstances set forth below, the respective percentages set forth below:
More Definitions of Prepayment Distribution Percentage
Prepayment Distribution Percentage. With respect to any Distribution Date [and the Available Distribution Amount for each Loan Group] and each Class of Subordinate Certificates, under the applicable circumstances set forth below, the respective percentages set forth below:
Prepayment Distribution Percentage. With respect to any Distribution Date and the Class B Certificates with the highest payment priority and each other Class of Class B Certificates that satisfies the Prepayment Distribution Trigger, such class’s pro rata share, based on the Certificate Principal Balance of such Class relative to the Certificate Principal Balance of the Class B Certificates with the highest payment priority and each other Class of Class B Certificates that satisfied the Prepayment Distribution Trigger.
Prepayment Distribution Percentage. For any Distribution Date, the Class 7-A-13 Percentage multiplied by (i) 0% until and including the Distribution Date in September 2007, (ii) 30% from the Distribution Date in October 2007 until and including the Distribution Date in September 2008, (iii) 40% from the Distribution Date in October 2008 until and including the Distribution Date in September 2009, (iv) 60% from the Distribution Date in October 2009 until and including the Distribution Date in September 2010, (v) 80% from the Distribution Date in October 2010 until and including the Distribution Date in September 2011 and (vi) 100% thereafter.
Prepayment Distribution Percentage. With respect to any Distribution Date and each Class of Class M Certificates and Class B Certificates, under the applicable circumstances set forth below, the respective percentages set forth below: For any Distribution Date prior to the Distribution Date in September 2003 (unless the Certificate Principal Balances of the Class A Certificates (other than the Class A-10 Certificates) and Class R Certificates, have been reduced to zero), 0%. For any Distribution Date on which any Class of Class M or Class B Certificates are outstanding not discussed in clause (i) above: in the case of the Class of Class M Certificates then outstanding with the lowest numerical designation, or in the event the Class M Certificates are no longer outstanding, the Class of Class B Certificates then outstanding with the lowest numerical designation and each other Class of Class M Certificates and Class B Certificates for which the related Prepayment Distribution Trigger has been satisfied, a fraction, expressed as a percentage, the numerator of which is the Certificate Principal Balance of such Class immediately prior to such date and the denominator of which is the sum of the Certificate Principal Balances immediately prior to such date of (1) the Class of Class M Certificates then outstanding with the lowest numerical designation, or in the event the Class M Certificates are no longer outstanding, the Class of Class B Certificates then outstanding with the lowest numerical designation and (2) all other Classes of Class M Certificates and Class B Certificates for which the respective Prepayment Distribution Triggers have been satisfied; and in the case of each other Class of Class M Certificates and Class B Certificates for which the Prepayment Distribution Triggers have not been satisfied, 0%; and
Prepayment Distribution Percentage thereof, calculated in accordance with the provisions in paragraph (ii) above as if the Certificate Principal Balance of each Maturing Class had not been reduced to zero, plus (2) the related Adjustment Percentage.
Prepayment Distribution Percentage. With respect to any Distribution Date and each Class of Subordinate Certificates, under the applicable circumstances set forth below, the respective percentages set forth below: (i) For any Distribution Date prior to the Distribution Date in January 2011 (unless the Certificate Principal Balances of the Senior Certificates (other than the Class A-P Certificates) have been reduced to zero), 0%.
Prepayment Distribution Percentage. With respect to any Distribution Date and each Class of Group II Subordinate Certificates, under the applicable circumstances set forth below, the respective percentages set forth below: For any Distribution Date prior to the Distribution Date in July 2013 (unless the Certificate Principal Balances of the Group II Senior Certificates have been reduced to zero or the circumstances set forth in the third paragraph of the definition of Group II Senior Accelerated Distribution Percentage exist), 0%. For any Distribution Date for which clause (i) above does not apply, and on which any Class of Group II Subordinate Certificates is outstanding: in the case of the Class of Group II Subordinate Certificates then outstanding with the Highest Priority and each other Class of Group II Subordinate Certificates for which the related Prepayment Distribution Trigger has been satisfied, a fraction, expressed as a percentage, the numerator of which is the Certificate Principal Balance of such Class immediately prior to such date and the denominator of which is the sum of the Certificate Principal Balances immediately prior to such date of (1) the Class of Group II Subordinate Certificates then outstanding with the Highest Priority and (2) all other Classes of Group II Subordinate Certificates for which the respective Prepayment Distribution Triggers have been satisfied; and in the case of each other Class of Group II Subordinate Certificates for which the Prepayment Distribution Triggers have not been satisfied, 0%; and