Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 11 contracts
Samples: Trust Agreement (Fieldstone Mortgage Investment CORP), Trust Agreement (Fieldstone Mortgage Investment CORP), Trust Agreement (NYMT Securities CORP)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 M2 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 10 contracts
Samples: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc1), Custodial Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc2), Trust Agreement (Structured Asset Securities Corp Mort Pas THR Ce Se 2001-Bc3)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 M4 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 6 contracts
Samples: Servicing Agreement (Structured Asset Investment Loan Trust 2003-Bc2), Custodial Agreement (Structured Asset Sec Corp Mort Pass-THR Certs Ser 2004-Gel1), Servicing Agreement (Structured Asset Securities Corp)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 M5, Class M6 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 5 contracts
Samples: Custodial Agreement (Structured Asset Investment Loan Trust 2004-6), Trust Agreement (Structured Asset Inv Loan Tr Mort Pass-THR Cert Ser 2004-1), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Series 2004-3)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 M3 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 5 contracts
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003 39ex), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002 Hf1), Trust Agreement (Structured Asset Securities Corp)
Allocation of Losses. (a) On each Distribution Date, the aggregate Class Principal Amounts Amount of the Group 1 Certificates and the Class M1, Class M2, Class M3, Class M4, Class M5 M2 and Class B M3 Certificates will shall be reduced by the amount of any Pool 1 Applied Loss Amount for such date, in the following order of priority:
Appears in 3 contracts
Samples: Custodial Agreement (Structured Asset Securities Corp. Mortgage Loan Trust 2005-7xs), Trust Agreement (Structured Asset Securities Corp Trust 2005-4xs), Trust Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-2xs)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class A4, Class M1, Class M2, Class M3, Class M4, Class M5 M3 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 2 contracts
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc1), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc1)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 M5, Class M6, Class M7 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 2 contracts
Samples: Custodial Agreement (Structured Asset Securities Corp), Custodial Agreement (Structured Asset Investment Loan Trust 2004-9)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 M2 and Class B M3 Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 2 contracts
Samples: Trust Agreement (Structured Asset Sec Corp Mort Back Ps THR Cert Ser 2003-3xs), Trust Agreement (Structured Asset Securities Corp Mor Pas THR Ce Se 2003-12xs)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 B1 and Class B B2 Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 2 contracts
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003 Bc1), Trust Agreement (Encore Credit Corp Mortgage Pass Through Certs Ser 2003-1)
Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 M5, Class M6, Class M7 and Class B Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 2 contracts
Samples: Trust Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates 2004-S2), Trust Agreement (Structured Asset Securities Corp)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 M5, Class M6, Class M7, Class M8, Class M9, Class B1 and Class B B2 Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Custodial Agreement (Amortizing Residential Collateral Trust, Series 2004-1)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 M3 and Class B B1 Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2002 Bc4)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class A3, Class M1, Class M2, Class M3, Class M4, Class M5 M5, Class M6 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Wells Fargo Home Equity Trust Mort Pass Thru Cert Ser 2004-1)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class A4, Class M1, Class M2, Class M3, Class M4, Class M5 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Custodial Agreement (Structured Asset Sec Corp Mort Pas THR Certs Ser 2003 Bc10)
Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 M5, Class M6, Class M7, Class M8, Class M9, Class M10, Class B1 and Class B B2 Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Custodial Agreement (Structured Asset Securities Corp 2005-S2)
Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 M5, Class M6, Class M7, Class M8, Class M9 and Class B Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corp 2004-S3)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 M5, Class M6, Class M7, Class M8 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Custodial Agreement (Structured Asset Investment Loan Trust 2004-5)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 B1 and Class B B2 Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (First Franklin Mortgage Loan Trust 2003-FFB)
Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 M5, Class M6, Class M7, Class B1, Class B2 and Class B B3 Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class A5, Class M1, Class M2, Class M3, Class M4, Class M5 B1 and Class B B2 Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002 Hf2)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class A4, Class M1, Class M2, Class M3, Class M4, Class M5 M5, Class M6 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Series 2004 2)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class M1A4, Class M2, Class M3, Class M4, Class M5 M Certificates and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc10)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2-A, Class M2-B, Class M3, Class M4, Class M5 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003-Bc5)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 B1 and Class B B2 Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003-Bc2)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class A4, Class M1, Class M2, Class M3, Class M4, Class M5 M5, Class M6, Class M7, Class M8 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Investment Loan Trust 2004-4)
Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 M5, Class M6, Class M7, Class M8, Class B1, Class B2, Class B3 and Class B B4 Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corp 2005-S1)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 M5, Class M6, Class M7, Class M8, Class B1 and Class B B2 Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Finance America Mortgage Loan Trust 2004-1)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 M2 and Class B B1 Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Servicing Agreement (Structured Asset Sec Corp Pass THR Cert Ser 2002 Bc3)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class A7, Class A8, Class M1, Class M2, Class M3, Class M4, Class M5 M5, Class M6, Class M7 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Investment Loan Trust 2004-7)
Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 M5, Class M6 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003-Bc13)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 M5, Class M6, Class M7, Class M8, Class M9 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (First Franklin Mortgage Loan Trust 2004-Ff7)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 M5, Class B1 and Class B B2 Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003 Am1)
Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4, Class M5 M5, Class M6, Class M7, Class M8, Class M9, Class M10, Class M11, Class B1 and Class B B2 Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corp. 2005 S-3)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class A5, Class M1, Class M2, Class M3, Class M4, Class M5 M5, Class M6, Class M7 and Class B B1 Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Investment Loan Trust 2004-Bnc1)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class M1-A, Class M1-F, Class M2-A, Class M3, Class M4, Class M5 M2-F and Class B M3 Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003-S2)
Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Class M1, Class M2, Class M3, Class M4B1, Class M5 B2 and Class B B3 Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Structured Asset Securities Corp)
