Common use of Allocation of Prepayment Interest Shortfalls Clause in Contracts

Allocation of Prepayment Interest Shortfalls. On each Distribution Date, following all distributions to be made on such date pursuant to Section 4.01, the Trustee shall allocate to the respective Classes of Principal Balance Certificates as follows the aggregate of all Realized Losses and Additional Trust Fund Expenses that were incurred at any time following the Cut-off Date through the end of the related Collection Period and in any event that were not previously allocated pursuant to this Section 4.04(a) on any prior Distribution Date, but only to the extent that (i) the aggregate of the Class Principal Balances of the respective Classes of the Principal Balance Certificates as of such Distribution Date (after taking into account all of the distributions made on such Distribution Date pursuant to Section 4.01), exceeds (ii) the aggregate Stated Principal Balance of the Mortgage Pool that will be outstanding immediately following such Distribution Date: first, sequentially to the Class S, Class Q, Class P, Class O, Class N, Class M, Class L, Class K, Class J, Class H, Class G, Class F, Class E, Class D, Class C and Class B; and then, pro rata (based on remaining Class Principal Balances) to the Class A-J Certificates and the Class A-JA Certificates, until the remaining Class Principal Balances thereof are reduced to zero; and, then, pro rata (based on remaining Class Principal Balances) to the Class A-M Certificates and the Class A-MA Certificates, until the remaining Class Principal Balances thereof are reduced to zero; and, then, pro rata (based on remaining Class Principal Balances) to the Class A-1 Certificates, the Class A-2A Certificates, the Class A-2B Certificates, the Class A-3 Certificates, the Class A-SB Certificates, the Class A-4 Certificates and the Class A-1A Certificates, until the respective remaining Class Principal Balances thereof are reduced to zero. Any allocation of Realized Losses and Additional Trust Fund Expenses to a Class of Principal Balance Certificates shall be made by reducing the Class Principal Balance thereof by the amount so allocated. All Realized Losses and Additional Trust Fund Expenses, if any, allocated to a Class of Principal Balance Certificates shall be allocated among the respective Certificates of such Class in proportion to the Percentage Interests evidenced thereby. All Realized Losses and Additional Trust Fund Expenses, if any, that have not been allocated to the Principal Balance Certificates as of the Distribution Date on which the aggregate of the Class Principal Balances of such Principal Balance Certificates has been reduced to zero, shall be deemed allocated to the Class R Certificates.

Allocation of Prepayment Interest Shortfalls. On each Distribution Date, following all distributions to be made on such date pursuant to Section 4.01, the Trustee Certificate Administrator shall allocate to the respective Classes of Principal Balance Certificates (exclusive of the Floating Rate Certificates) and the respective Group FL REMIC II Regular Interests as follows the aggregate of all Realized Losses and Additional Trust Fund Expenses that were incurred at any time following the Cut-off Date through the end of the related Collection Period and in any event that were not previously allocated pursuant to this Section 4.04(a) on any prior Distribution Date, but only to the extent that (i) the aggregate of the Class Certificate Principal Balances of the respective Classes Balance of the Principal Balance Certificates (exclusive of the Floating Rate Certificates) and the Group FL REMIC II Regular Interests as of such Distribution Date (after taking into account all of the distributions made on such Distribution Date pursuant to Section 4.01), exceeds (ii) the aggregate Stated Principal Balance of the Mortgage Pool that will be outstanding immediately following such Distribution Date: first, sequentially to the Class S, Class Q, Class P, Class O, Class N, Class M, Class L, Class K, Class J, Class H, Class G, Class F, Class E, Class D, Class C and Class B; and then, pro rata (based on remaining Class Principal Balances) to the Class A-J Certificates and the Class A-JA CertificatesJFL REMIC II Regular Interest, until the remaining Class Principal Balances thereof are reduced to zero; and, then, pro rata (based on remaining Class Principal Balances) to the Class A-M Certificates and the Class A-MA CertificatesMFL REMIC II Regular Interest, until the remaining Class Principal Balances thereof are reduced to zero; and, then, pro rata (based on remaining Class Principal Balances) to the Class A-1 Certificates, the Class A-2A Certificates, the Class A-2B A-2 Certificates, the Class A-3 Certificates, the Class A-3B Certificates, the Class A-SB Certificates, the Class A-4 Certificates and the Class A-1A CertificatesCertificates and the Class A-4FL REMIC II Regular Interest, until the respective remaining Class Principal Balances thereof are reduced to zero. Any allocation of Realized Losses and Additional Trust Fund Expenses to a Class of Principal Balance Certificates (exclusive of the Floating Rate Certificates) or a Group FL REMIC II Regular Interest shall be made by reducing the Class Principal Balance thereof by the amount so allocated. Any Realized Losses and Additional Trust Fund Expenses allocated to the Class A-4FL REMIC II Regular Interest shall, in turn, be deemed allocated to the Class A-4FL Certificates; any Realized Losses and Additional Trust Fund Expenses allocated to the Class A-MFL REMIC II Regular Interest shall, in turn, be deemed allocated to the Class A-MFL Certificates; and any Realized Losses and Additional Trust Fund Expenses allocated to the Class A-JFL REMIC II Regular Interest shall, in turn, be deemed allocated to the Class A-JFL Certificates. All Realized Losses and Additional Trust Fund Expenses, if any, allocated to a Class of Principal Balance Certificates shall be allocated among the respective Certificates of such Class in proportion to the Percentage Interests evidenced thereby. All Realized Losses and Additional Trust Fund Expenses, if any, that have not been allocated to the Principal Balance Certificates (exclusive of the Floating Rate Certificates) and/or the Group FL REMIC II Regular Interests as of the Distribution Date on which the aggregate of the Class Principal Balances of such Principal Balance Certificates and the Group FL REMIC II Regular Interests has been reduced to zero, shall be deemed allocated to the Class R Certificates.

Allocation of Prepayment Interest Shortfalls. On each Distribution Date, following all distributions to be made on such date pursuant to Section 4.01, the Trustee Certificate Administrator shall allocate to the respective Classes of Principal Balance Sequential Pay Certificates as follows the aggregate of all Realized Losses and Additional Trust Fund Expenses that were incurred at any time following the Cut-off Date through the end of the related Collection Period and in any event that were not previously allocated pursuant to this Section 4.04(a) on any prior Distribution Date and are not allocable to the Class AMP Certificates on such Distribution Date, but only to the extent that (i) the aggregate Certificate Principal Balance of the Class Principal Balances of the respective Classes of the Principal Balance Sequential Pay Certificates as of such Distribution Date (after taking into account all of the distributions made on such Distribution Date pursuant to Section 4.01), exceeds (ii) the aggregate Stated Principal Balance of the Mortgage Pool (exclusive of the Ala Moana Portfolio Subordinate Trust Mortgage Loans or any successor REO Trust Mortgage Loans with respect thereto) that will be outstanding immediately following such Distribution Date: first, sequentially to the Class S, Class Q, Class P, Class O, Class N, Class M, Class L, Class K, Class J, Class H, Class G, Class F, Class E, Class D, Class C and C, Class B; and then, pro rata (based on remaining Class Principal Balances) to the Class A-J Certificates and the Class A-JA M Certificates, in that order, in each case until the remaining Class Principal Balances Balance thereof are reduced to zero; and, then, pro rata (based on remaining Class Principal Balances) to the Class A-M Certificates and the Class A-MA Certificates, until the remaining Class Principal Balances thereof are has been 216 reduced to zero; and, then, pro rata (based on remaining Class Principal Balances) to the Class A-1 Certificates, the Class A-2A Certificates, the Class A-2B A-2 Certificates, the Class A-3 Certificates, the Class A-SB Certificates, the Class A-4 Certificates and the Class A-1A Certificates, until the respective remaining Class Principal Balances thereof are reduced to zero. Notwithstanding the foregoing, all Realized Losses and Additional Trust Fund Expenses, if any, in respect of or related to the Ala Moana Portfolio Subordinate Trust Mortgage Loans or any successor REO Trust Mortgage Loans with respect thereto will be allocated on each Distribution Date: first, sequentially to the Class AMP-3, Class AMP-2 and Class AMP-1 Certificates, in that order, in each case until the remaining Class Principal Balance thereof is reduced to zero; and thereafter to the respective Classes of the Sequential Pay Certificates (in each case, to the extent and in reduction of their respective Class Principal Balances) in the order provided for in the preceding sentence. Any allocation of Realized Losses and Additional Trust Fund Expenses to a Class of Principal Balance Certificates shall be made by reducing the Class Principal Balance thereof by the amount so allocated. All Realized Losses and Additional Trust Fund Expenses, if any, allocated to a Class of Principal Balance Certificates shall be allocated among the respective Certificates of such Class in proportion to the Percentage Interests evidenced thereby. All Realized Losses and Additional Trust Fund Expenses, if any, that have not been allocated to the Principal Balance Certificates as of the Distribution Date on which the aggregate of the Class Principal Balances of such Principal Balance Certificates has been reduced to zero, shall be deemed allocated to the Class R Certificates.

Allocation of Prepayment Interest Shortfalls. On each Distribution Date, following all distributions to be made on such date pursuant to Section 4.01, the Trustee shall allocate to the respective Classes of Principal Balance Sequential Pay Certificates (exclusive of the Class A-2FL Certificates) and the Class A-2FL REMIC II Regular Interest as follows the aggregate of all Realized Losses and Additional Trust Fund Expenses that were incurred at any time following the Cut-off Date through the end of the related Collection Period and in any event that were not previously allocated pursuant to this Section 4.04(a) on any prior Distribution Date and are not allocable to the Class [XXX] Certificates on such Distribution Date, but only to the extent that (i) the aggregate Certificate Principal Balance of the Sequential Pay Certificates (exclusive of the Class Principal Balances of A-2FL Certificates) and the respective Classes of the Principal Balance Certificates Class A-2FL REMIC II Regular Interest as of such Distribution Date (after taking into account all of the distributions made on such Distribution Date pursuant to Section 4.01), exceeds (ii) the aggregate Stated Principal Balance of the Mortgage Pool (exclusive of the Loan REMIC Principal Balance of Loan REMIC Regular Interest [XXX]-II) that will be outstanding immediately following such Distribution Date: first, sequentially to the Class S, Class Q, Class P, Class O, Class N, Class M, Class L, Class K, Class J, Class H, Class G, Class F, Class E, Class D, Class C and C, Class B; and then, pro rata (based on remaining Class Principal Balances) to the Class A-J Certificates and the Class A-JA M Certificates, in that order, in each case until the remaining Class Principal Balances Balance thereof are reduced to zero; and, then, pro rata (based on remaining Class Principal Balances) to the Class A-M Certificates and the Class A-MA Certificates, until the remaining Class Principal Balances thereof are has been reduced to zero; and, then, pro rata (based on remaining Class Principal Balances) to the Class A-1 Certificates, the Class A-2A A-1D Certificates, the Class A-2B A-2FL REMIC II Regular Interest, the Class A-2FX Certificates, the Class A-3 Certificates, the Class A-SB Certificates, the Class A-4 Certificates and the Class A-1A Certificates, until the respective remaining Class Principal Balances thereof are reduced to zero. Notwithstanding the foregoing, all Realized Losses and Additional Trust Fund Expenses, if any, in respect of or related to the [ABC] Mortgage Loan or any successor REO Mortgage Loan with respect thereto will be allocated on each Distribution Date: first, to the Class [XXX] Certificates, until the remaining Class Principal Balance thereof is reduced to zero; and thereafter to the respective Classes of the Sequential Pay Certificates (exclusive of the Class A-2FL Certificates) and the Class A-2FL REMIC II Regular Interest (in each case, to the extent and in reduction of their respective Class Principal Balances) in the order provided for in the preceding sentence. Any allocation of Realized Losses and Additional Trust Fund Expenses to a Class of Principal Balance Certificates (exclusive of the Class A-2FL Certificates) or the Class A-2FL REMIC II Regular Interest shall be made by reducing the Class Principal Balance thereof by the amount so allocated. Any Realized Losses and Additional Trust Fund Expenses allocated to the Class A-2FL REMIC II Regular Interest shall, in turn, be deemed allocated to the Class A-2FL Certificates. All Realized Losses and Additional Trust Fund Expenses, if any, allocated to a Class of Principal Balance Certificates shall be allocated among the respective Certificates of such Class in proportion to the Percentage Interests evidenced thereby. All Realized Losses and Additional Trust Fund Expenses, if any, that have not been allocated to the Principal Balance Certificates (exclusive of the Class A-2FL Certificates) and/or the Class A-2FL REMIC II Regular Interest as of the Distribution Date on which the aggregate of the Class Principal Balances of such Principal Balance Certificates and the Class A-2FL REMIC II Regular Interest has been reduced to zero, shall be deemed allocated to the Class R Certificates.

Allocation of Prepayment Interest Shortfalls. On each Distribution Date, following all distributions to be made on such date pursuant to Section 4.01, the Trustee Certificate Administrator shall allocate to the respective Classes of Principal Balance Sequential Pay Certificates (exclusive of the Class A-MFL Certificates) and the Class A-MFL REMIC II Regular Interest as follows the aggregate of all Realized Losses and Additional Trust Fund Expenses that were incurred at any time following the Cut-off Date through the end of the related Collection Period and in any event that were not previously allocated pursuant to this Section 4.04(a) on any prior Distribution Date and are not allocable to the Class WFC Principal Balance Certificates on such Distribution Date, but only to the extent that (i) the aggregate Certificate Principal Balance of the Sequential Pay Certificates (exclusive of the Class Principal Balances of A-MFL Certificates) and the respective Classes of the Principal Balance Certificates Class A-MFL REMIC II Regular Interest as of such Distribution Date (after taking into account all of the distributions made on such Distribution Date pursuant to Section 4.01), exceeds (ii) the aggregate Stated Principal Balance of the Mortgage Pool (exclusive of the Loan REMIC Principal Balance of Loan REMIC Regular Interest WFC-II) that will be outstanding immediately following such Distribution Date: first, sequentially to the Class S, Class Q, Class P, Class O, Class N, Class M, Class L, Class K, Class J, Class H, Class G, Class F, Class E, Class D, Class C C, Class B and Class B; and then, pro rata (based on remaining Class Principal Balances) to the Class A-J Certificates and the Class A-JA Certificates, in that order, in each case until the remaining Class Principal Balances Balance thereof are has been reduced to zero; and, then, pro rata (based on remaining Class Principal Balances) to the Class A-M MFX Certificates and the Class A-MA Certificates, until the remaining Class Principal Balances thereof are reduced to zeroMFL REMIC II Regular Interest; and, then, pro rata (based on remaining Class Principal Balances) to the Class A-1 Certificates, the Class A-2A Certificates, the Class A-2B Certificates, the Class A-3 Certificates, the Class A-SB Certificates, the Class A-4 Certificates and the Class A-1A Certificates, until the respective remaining Class Principal Balances thereof are reduced to zero. Notwithstanding the foregoing, all Realized Losses and Additional Trust Fund Expenses, if any, in respect of or related to the One World Financial Center Trust Mortgage Loan or any successor REO Trust Mortgage Loan with respect thereto will be allocated on each Distribution Date: first, sequentially to the Class WFC-3, Class WFC-2 and Class WFC-1 Certificates, in that order, in each case until the remaining Class Principal Balance thereof is reduced to zero; and then, to the respective Classes of the Sequential Pay Certificates (exclusive of the Class A-MFL Certificates) and the Class A-MFL REMIC II Regular Interest (in each case, to the extent and in reduction of their respective remaining Class Principal Balances) in the order provided for in the preceding sentence. Any allocation of Realized Losses and Additional Trust Fund Expenses to a Class of Principal Balance Certificates (exclusive of the Class A-MFL Certificates) or the Class A-MFL REMIC II Regular Interest shall be made by reducing the Class Principal Balance thereof by the amount so allocated. Any Realized Losses and Additional Trust Fund Expenses allocated to the Class A-MFL REMIC II Regular Interest shall, in turn, be deemed allocated to the Class A-MFL Certificates. All Realized Losses and Additional Trust Fund Expenses, if any, allocated to a Class of Principal Balance Certificates shall be allocated among the respective Certificates of such Class in proportion to the Percentage Interests evidenced thereby. All Realized Losses and Additional Trust Fund Expenses, if any, that have not been allocated to the Principal Balance Certificates (exclusive of the Class A-MFL Certificates) and/or the Class A-MFL REMIC II Regular Interest as of the Distribution Date on which the aggregate of the Class Principal Balances of such Principal Balance Certificates and the Class A- MFL REMIC II Regular Interest has been reduced to zero, shall be deemed allocated to the Class R Certificates.