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 (i) the Class Certificate Balances of the Subordinated Certificates, sequentially, to the Class X-0, Xxxxx X-0, Class M-7, Class M-6, Class M-5, Class M-4, Class M-3, Class M-2 and Class M-1 Certificates, in that order, until their respective Class Certificate Balances are reduced to zero, and (ii) the Class Certificate Balance of each Class of Senior Certificates, pro rata based on their respective Class Certificate Balances, until their respective Class Certificate Balances of such Classes have been reduced to zero, except that any amounts that would otherwise be allocated to the Class A-1 Certificates will instead be allocated, pro rata, based on their respective Class Certificate Balances, to the Class A-2 and Class A-3 Certificates, until their respective Class Certificate Balances are reduced to zero.

Application of Applied Realized Loss Amounts. On each Distribution Date, the Trustee shall allocate the Applied Realized Loss Amount (1) to reduce (i) the Class Certificate Balances of the Subordinated Certificates, sequentially, to the Class X-0M-9, Xxxxx X-0Class M-8, Class M-7, Class M-6, Class M-5, Class M-4, Class M-3M-0, Class M-2 and Xxxxx X-0 xnd Class M-1 Certificates, in that order, until their respective Class Certificate Balances are reduced to zero, zero and (ii2) concurrently, to reduce the Class Certificate Balance Balances of each Class the Classes of Senior Certificates, pro rata based on their respective Class Certificate Balances, until their respective Class Certificate Balances of such Classes have been reduced to zero, except that any amounts that would otherwise be allocated to the Class A-1 Certificates will instead be allocated, pro rata, based on their respective Class Certificate Balances, to the Class A-2 and Class A-3 Certificates, until their respective Class Certificate Balances are reduced to zero; provided, however, that o any Applied Realized Loss Amount otherwise allocable to the Class A-1A, Class A-1B, Class A-1C and Class A-2 Certificates will be allocated concurrently to the Class A-3A, Class A-3B-1 and Class A-3B-2 Certificates, pro rata based on their Class Certificate Balances, until their respective Class Certificate Balances are reduced to zero, and o any Applied Realized Loss Amount otherwise allocable to the Class A-4 Certificates will be allocated to the Class A-5 Certificates, until its Class Certificate Balance is reduced to zero.

Application of Applied Realized Loss Amounts. On each Distribution Date, the Trustee shall allocate the Applied Realized Loss Amount to reduce (i) the Class Certificate Balances of the Subordinated Certificates and the Class A-4 Certificates, sequentially, to the Class X-0, Xxxxx X-0, Class M-7, Class M-6, Class M-5, Class M-4, Class M-3, Class M-2 and M-2, Class M-1 X-0 xxx Xxxxx A-4 Certificates, in that order, until their respective Class Certificate Balances are reduced to zero. Thereafter, any such excess will be applied, to the Class A-1, Class A-2 and (ii) Class A-3 Certificates, pro rata, to the Class A-1 and Class A-2 Certificates on the one hand, based on the aggregate Class Certificate Balance of each the Class of Senior A-1 and Class A-2 Certificates, pro rata and to the Class A-3 Certificates on the other hand, based on their respective its Class Certificate BalancesBalance, in each case until their the respective Class Certificate Balances of such Classes have been are reduced to zero; provided, except however, that any amounts that would otherwise be such excess allocated to the Class A-1 and Class A-2 Certificates will instead be allocated, pro rata, based on their respective Class Certificate Balancesallocated sequentially, to the Class A-2 and Class A-3 A-1 Certificates, in that order, until their respective Class Certificate Balances are reduced to zero.

Application of Applied Realized Loss Amounts. On each Distribution Date, the Trustee shall allocate the Applied Realized Loss Amount to reduce (i) the applicable Class Certificate Balances in the following order of the Subordinated Certificates, priority: (1) sequentially, to the Class X-0M-9, Xxxxx X-0Class M-8, Class M-7, Class M-6M-0, Class M-5Xxxxx X-0, Class M-4, Class M-3, Class M-2 and Class M-1 Certificates, in that order, until their respective Class Certificate Balances are reduced to zero, and ; (ii2) to the Class A-5 Certificates until its Class Certificate Balance of each is reduced to zero; (3) concurrently, to the Class of Senior A-3, Class A-4A, Class A-4B and Clxxx X-0X Xxxxxxxxxxxx, xxx rata based on their respective Class Certificate Balances, until their respective Class Certificate Balances are reduced to zero; and (4) concurrently, to the Class A-1A, Class A-1B, Class A-1C, Class A-1D and Class A-2 Certificates, pro rata based on their respective Class Certificate Balances, until their respective Class Certificate Balances of such Classes have been reduced to zero, except that any amounts that would otherwise be allocated to the Class A-1 Certificates will instead be allocated, pro rata, based on their respective Class Certificate Balances, to the Class A-2 and Class A-3 Certificates, until their respective Class Certificate Balances are reduced to zero.