Common use of Certificate Deferred Interest Clause in Contracts

Certificate Deferred Interest. (a) On each Distribution Date, the amount of interest distributable to a Class of Regular Certificates (other than the Class X Certificates) shall be reduced by an amount equal to the amount of Mortgage Deferred Interest for all Majority Mortgage Loans and the Simon Pooled Component for the Due Dates occurring in the related Due Period allocated to such Class of Certificates or Simon Pooled Component, such Mortgage Deferred Interest to be allocated first to the Class NR Certificates, second to the Class N Certificates, third to the Class M Certificates, fourth to the Class L Certificates, fifth to the Class K Certificates, sixth to the Class J Certificates, seventh to the Class H Certificates, eighth to the Class G Certificates; ninth to the Class F Certificates, tenth to the Class E Certificates; eleventh to the Class D Certificates; twelfth to the Class C Certificates, thirteenth, to the Class B Certificates; and fourteenth, pro rata (based upon Accrued Certificate Interest), to the Class A-1 and Class A-2 Certificates, in each case up to the respective Accrued Certificate Interest for each such Class of Certificates for such Distribution Date. On each Distribution Date, the amount of interest distributable to the Class SP Certificates shall be reduced by an amount equal to the amount of Mortgage Deferred Interest for the Simon Mortgage Loan for the Due Date occurring in the related Due Period allocated to such Class of Certificates, such Mortgage Deferred Interest to be allocated first to the Class SP-3 Certificates, second to the Class SP-2 Certificates, third to the Class SP-1 Certificates, and fourth to the Simon Pooled Component, which will be allocated to the Regular Certificates in the priority set forth in the preceding sentence. On each Distribution Date, the amount of interest distributable to the Class WM Certificates shall be reduced by an amount equal to the amount of Mortgage Deferred Interest for the Walgreens Mortgage Loan for the Due Date occurring in the related Due Period allocated to the Class WM Certificates, such Mortgage Deferred Interest to be allocated: first to the Class WM Certificates, and second to the Walgreens Pooled Component, which will be allocated to the Regular Certificates in the priority set forth in the second preceding sentence.

Certificate Deferred Interest. (a) On each Distribution Date, the amount of interest distributable to a Class of Regular Certificates (other than the Class X and Component Mortgage Loan Certificates) shall be reduced by an amount equal to the amount of Mortgage Deferred Interest for all Majority Mortgage Loans and the Simon each Pooled Component for the Due Dates occurring in the related Due Period allocated to such Class of Certificates or Simon Pooled Component, such Mortgage Deferred Interest to be allocated first to the Class NR Certificates, second to the Class N Certificates, third to the Class M Certificates, fourth to the Class L Certificates, fifth to the Class K Certificates, sixth to the Class J Certificates, seventh to the Class H Certificates, eighth to the Class G Certificates; , ninth to the Class F Certificates, ; tenth to the Class E Certificates; , eleventh to the Class D Certificates; twelfth to the Class C Certificates, thirteenth, ; thirteenth to the Class B Certificates; Certificates and fourteenth, pro rata (based upon Accrued Certificate Interest), to the Class A-1 and Class A-2 Certificates, in each case up to the respective Accrued Certificate Interest for each such Class of Certificates for such Distribution Date. On each Distribution Date, the amount of interest distributable to the Class SP BM Certificates shall be reduced by an amount equal to the amount of Mortgage Deferred Interest for the Simon Battlefield Mall Mortgage Loan for the Due Date occurring in the related Due Period allocated to such Class of CertificatesPeriod, such Mortgage Deferred Interest to be allocated first to the Class SP-3 BM-3 Certificates, second to the Class SP-2 BM-2 Certificates, third to the Class SP-1 Certificates, BM-1 Certificates and fourth to the Simon Battlefield Mall Pooled Component, which amounts allocated to the Battlefield Mall Pooled Component will be allocated to the Regular Certificates in the priority set forth in the preceding sentence. On each Distribution Date, the amount of interest distributable to the Class WM AC Certificates shall be reduced by an amount equal to the amount of Mortgage Deferred Interest for the Walgreens Alliance Center Mortgage Loan for the Due Date occurring in the related Due Period allocated to the Class WM CertificatesPeriod, such Mortgage Deferred Interest to be allocated: allocated first to the Class WM AC-3 Certificates, and second to the Walgreens Class AC-2 Certificates, third to the Class AC-1 Certificates and fourth to the Alliance Center Pooled Component, which amounts allocated to the Alliance Center Pooled Component will be allocated to the Regular Certificates in the priority set forth in the second preceding sentence.

Certificate Deferred Interest. (a) On each Distribution Date, the amount of interest distributable to a Class of Regular Certificates (other than the Class X Certificates) shall be reduced by an amount equal to the amount of Mortgage Deferred Interest for all Majority Mortgage Loans and the Simon Pooled Component for the Due Dates occurring in the related Due Period allocated to such Class of Certificates or Simon Pooled Component, such Mortgage Deferred Interest to be allocated first to the Class NR Certificates, second to the Class N Certificates, third to the Class M Certificates, fourth to the Class L Certificates, fifth to the Class K Certificates, sixth to the Class J Certificates, seventh to the Class H Certificates, eighth to the Class G Certificates; , ninth to the Class F Certificates, ; tenth to the Class E Certificates; , eleventh to the Class D Certificates; twelfth to the Class C Certificates, thirteenth, ; thirteenth to the Class B Certificates; , and fourteenth, pro rata (based upon Accrued Certificate Interest), to the Class A-1 and Class A-2 Certificates, in each case up to the respective Accrued Certificate Interest for each such Class of Certificates for such Distribution Date. On each Distribution Date, the amount of interest distributable to the Class SP S Certificates shall be reduced by an amount equal to the amount of Mortgage Deferred Interest for the Simon Mortgage Loan for the Due Date occurring in the related Due Period allocated to such Class of CertificatesPeriod, such Mortgage Deferred Interest to be allocated first to the Class SP-3 S-3 Certificates, second to the Class SP-2 S-2 Certificates, third to the Class SP-1 S-1 Certificates, and fourth to the Simon Pooled Component, which amounts allocated to the Simon Pooled Component will be allocated to the Regular Certificates in the priority set forth in the preceding sentence. On each Distribution Date, the amount of interest distributable to the Class WM Certificates shall be reduced by an amount equal to the amount of Mortgage Deferred Interest for the Walgreens Mortgage Loan for the Due Date occurring in the related Due Period allocated to the Class WM Certificates, such Mortgage Deferred Interest to be allocated: first to the Class WM Certificates, and second to the Walgreens Pooled Component, which will be allocated to the Regular Certificates in the priority set forth in the second preceding sentence.

Certificate Deferred Interest. (a) On each Distribution Date, the amount of interest distributable to a Class of Regular Certificates (other than the Class X and Class RP Certificates) shall be reduced by an amount equal to the amount of Mortgage Deferred Interest for all Majority Mortgage Loans and the Simon Pooled Component for the Due Dates occurring in the related Due Period allocated to such Class of Certificates or Simon Pooled ComponentCertificates, such Mortgage Deferred Interest to be allocated first to the Class NR Certificates, ; second to the Class P Certificates; third to the Class N Certificates, third ; fourth to the Class M Certificates, fourth ; fifth to the Class L Certificates, fifth ; sixth to the Class K Certificates, sixth ; seventh to the Class J Certificates, seventh ; eighth to the Class H Certificates, eighth ; ninth to the Class G Certificates; ninth tenth to the Class F Certificates, tenth ; eleventh to the Class E Certificates; eleventh twelfth to the Class D Certificates; twelfth thirteenth to the Class C Certificates, thirteenth, fourteenth to the Class B Certificates; Certificates and fourteenthfifteenth, pro rata (based upon Accrued Certificate Interest), to the Class A-1 A-1, Class A-1A, Class A-2 and Class A-2 A-3 Certificates, in each case up to the respective Accrued Certificate Interest for each such Class of Certificates for such Distribution Date. On each Distribution Date, the amount of interest distributable to the Class SP RP Certificates shall be reduced by an amount equal to the amount of Mortgage Deferred Interest for the Simon Republic Plaza Mortgage Loan for the Due Date occurring in the related Due Period allocated to such Class of CertificatesPeriod, such Mortgage Deferred Interest to be allocated in each case up to the respective Accrued Certificate Interest for each such Class of Certificates for such Distribution Date first to the Class SP-3 RP-5 Certificates, second to the Class SP-2 RP-4 Certificates, third to the Class SP-1 RP-3 Certificates, and fourth to the Simon Class RP-2 Certificates, fifth to the Class RP-1 Certificates and sixth, to the Republic Plaza Pooled Component, which amounts allocated to the Republic Plaza Pooled Component will be allocated to the Regular Certificates in the priority set forth in the preceding sentence. On each Distribution Date, the amount of interest distributable to the Class WM Certificates shall be reduced by an amount equal to the amount of Mortgage Deferred Interest for the Walgreens Mortgage Loan for the Due Date occurring in the related Due Period allocated to the Class WM Certificates, such Mortgage Deferred Interest to be allocated: first to the Class WM Certificates, and second to the Walgreens Pooled Component, which will be allocated to the Regular Certificates in the priority set forth in the second preceding sentence.