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

Application of Applied Realized Loss Amounts. On each Distribution Date, the Trustee shall allocate the Applied Realized Loss Amount to reduce the Class Certificate Balances of the Certificates, sequentially, to the Class M-12, Class M-11, Class M-10, Class M-9, Class M-8, Class M-7, Class M-6, Class M-5, Class M-4, Class M-3, Class M-2, Class M-1 and Class A-1 Certificates, in that order, until their respective Class Certificate Balances are reduced to zero,.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2007-Hy9), Pooling and Servicing Agreement (Alternative Loan Trust 2007-Hy9)

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Application of Applied Realized Loss Amounts. On each Distribution Date, the Trustee shall allocate the Applied Realized Loss Amount to reduce the Class Certificate Balances of the Certificates, sequentially, to the Class M-12X-0, Class M-11, Class M-10, Class M-9, Class M-8Xxxxx X-0, Class M-7, Class M-6, Class M-5, Class M-4, Class M-3, Class M-2, Class M-1 M-1, Class A-2 and Class A-1 Certificates, in that order, until their respective Class Certificate Balances are reduced to zero,.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2007-Hy8c)

Application of Applied Realized Loss Amounts. On each Distribution Date, the Trustee shall allocate the Applied Realized Loss Amount to reduce the Class Certificate Balances of the Subordinated Certificates and the Class A-5 Certificates, sequentially, to the Class M-12, Class M-11, Class M-10, Class M-9, Class M-8, Class M-7, Class M-6, Class M-5M-0, Class M-4Xxxxx X-0, Class M-3, Class M-2, Class M-1 and Class A-1 A-5 Certificates, in that order, until their respective Class Certificate Balances are reduced to zero,. .

Appears in 1 contract

Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2007-Flx1)

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Application of Applied Realized Loss Amounts. On each Distribution Date, the Trustee shall allocate the Applied Realized Loss Amount to reduce the Class Certificate Balances of the Senior (other than the Class A-R Certificates) and Subordinated Certificates, sequentially, to the Class M-12, Class M-11, Class M-10, Class M-9, Class M-8, Class M-7, Class M-6, Class M-5, Class M-4, Class M-3, Class M-2, Class M-1 M-1, Class A-0, Xxxxx X-0 and Class A-1 Certificates, in that order, in each case until their respective the Class Certificate Balances are Balance of each such Class is reduced to zero,.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2007-Flx3)

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