Common use of Allocation of Applied Realized Loss Amounts Clause in Contracts

Allocation of Applied Realized Loss Amounts. If on any Distribution Date, after giving effect to all distributions of principal as described above, the aggregate Certificate Principal Balance of the Offered Certificates exceeds the sum of the Aggregate Principal Balance of the Mortgage Loans, the Certificate Principal Balance of the applicable Subordinate Certificates will be reduced, in inverse order or seniority (beginning with the Class B Certificates) by an amount equal to that excess, until the Certificate Principal Balance of such Class of Subordinate Certificates is reduced to zero. Any Applied Realized Loss Amounts allocated to a Class of Subordinate Certificates shall be allocated among the Subordinate Certificates of such Class in proportion to their respective Percentage Interests.

Allocation of Applied Realized Loss Amounts. If on any Distribution Date, after giving effect to all distributions of principal as described above, the aggregate Certificate Principal Balance of the Offered Certificates exceeds the sum of the Aggregate Current Pool Principal Balance of the Mortgage Loansfor that Distribution Date, the Certificate Principal Balance of the applicable Subordinate Certificates will be reduced, in inverse order or seniority (beginning with the Class B Certificates) by an amount equal to that excess, until the Certificate Principal Balance of such Class of Subordinate Certificates is reduced to zero. Any Applied Realized Loss Amounts allocated to a Class of Subordinate Certificates shall be allocated among the Subordinate Certificates of such Class in proportion to their respective Percentage Interests.