Common use of Cross-Collateralization; Adjustments to Available Funds Clause in Contracts

Cross-Collateralization; Adjustments to Available Funds. (a) On each Distribution Date after the first Senior Termination Date but prior to the earlier of the Senior Credit Support Depletion Date and the third Senior Termination Date, the Securities Administrator shall distribute the principal portion of Available Funds on the Mortgage Loans relating to the Senior Certificates that will have been paid in full to the holders of the Senior Certificates of the other Certificate Groups, pro rata, based on Class Principal Balances, provided, however, that the Securities Administrator shall not make such distribution on such Distribution Date if (a) the Aggregate Subordinated Percentage for such Distribution Date is greater than or equal to 200% of such Aggregate Subordinated Percentage as of the Closing Date and (b) the average aggregate Stated Principal Balance of the Mortgage Loans delinquent 60 days or more over the last six months, as a percentage of the Class Principal Balance of the Subordinated Certificates, is less than 50%.

Cross-Collateralization; Adjustments to Available Funds. (a) On each Distribution Date after the first Senior Termination Date but prior to the earlier of the Senior Credit Support Depletion Date and the third second Senior Termination Date, but after a Senior Termination Date, the Securities Administrator Trustee shall distribute the principal portion of Available Funds on the Mortgage Loans relating to the Senior Certificates that will have been paid in full to the holders of the Senior Certificates of the other Certificate Groups, pro rata, based on Class Principal Certificate Balances, provided, however, that the Securities Administrator Trustee shall not make such distribution on such Distribution Date if (a) the Aggregate Subordinated Percentage for such Distribution Date is greater than or equal to 200% of such Aggregate Subordinated Percentage as of the Closing Date and (b) the average aggregate Stated Principal Balance of the Mortgage Loans delinquent 60 days or more over the last six months, as a percentage of the Class Principal Certificate Balance of the Subordinated Certificates, is less than 50%.

Cross-Collateralization; Adjustments to Available Funds. (a) On each Distribution Date after the first Senior Termination Date but prior to the earlier of the Senior Credit Support Depletion Date and the third Senior Termination Date, but after the Securities Administrator date on which the aggregate Class Principal Balance of Senior Certificates related to a Loan Group has been reduced to zero, the Trustee shall distribute the principal portion of Available Funds Distribution Amount on the Mortgage Loans relating to the such Senior Certificates that will have been paid in full full, to the holders of the Senior Certificates of the other Certificate Groups, pro rata, based on Class Principal BalancesGroup, provided, however, that the Securities Administrator Trustee shall not make such distribution on such Distribution Date if (a) the Aggregate Subordinated Percentage for such Distribution Date is greater than or equal to 200% of such Aggregate Subordinated Percentage as of the Closing Date and (b) the average aggregate Stated Principal Balance of the Mortgage Loans in each Loan Group delinquent 60 days or more over the last six months, as a percentage of the Class Principal Balance of the Subordinated Certificatesrelated Component Balance, is less than 50%.

Cross-Collateralization; Adjustments to Available Funds. (a) On each Distribution Date after the first Senior Termination Date but prior to the earlier of the Senior Credit Support Depletion Date and the third second Senior Termination Date, but after a Senior Termination Date, the Securities Administrator Trustee shall distribute the principal portion of Available Funds on the Mortgage Loans relating to the such Senior Certificates that will have been paid in full full, to the holders of the Senior Certificates of the other Certificate Groups, pro rata, based on their Class Principal Certificate Balances, provided, however, that the Securities Administrator Trustee shall not make such distribution on such Distribution Date if (a) the Aggregate Subordinated Percentage for such Distribution Date is greater than or equal to 200% of such Aggregate Subordinated Percentage as of the Closing Date and (b) the average aggregate Stated Principal Balance of the Mortgage Loans in each Loan Group delinquent 60 days or more over the last six months, as a percentage of the Class related Subordinated Principal Balance of the Subordinated CertificatesBalance, is less than 50%.

Cross-Collateralization; Adjustments to Available Funds. (a) On each Distribution Date after the first Senior Termination Date but prior to the earlier of the Senior Credit Support Depletion Date and the third Senior Termination Date, but after the Securities Administrator date on which the aggregate Class Certificate Balance of Senior Certificates related to a Loan Group has been reduced to zero, the Trustee shall distribute the principal portion of Available Funds on the Mortgage Loans relating to the such Senior Certificates that will have been paid in full full, to the holders of the Senior Certificates of the other Certificate Groups, pro rata, based on Class Principal BalancesGroup, provided, however, that the Securities Administrator Trustee shall not make such distribution on such Distribution Date if (a) the Aggregate Subordinated Percentage for such Distribution Date is greater than or equal to 200% of such Aggregate Subordinated Percentage as of the Closing Date and (b) the average aggregate Stated Principal Balance of the Mortgage Loans in each Loan Group delinquent 60 days or more over the last six months, as a percentage of the Class related Subordinated Principal Balance of the Subordinated CertificatesBalance, is less than 50%.

Cross-Collateralization; Adjustments to Available Funds. (a) On each Distribution Date after the first Senior Termination Date but prior to the earlier of the Senior Credit Support Depletion Date and the third Senior Termination Date, but after the Securities Administrator date on which the aggregate Class Principal Balance of Senior Certificates related to a Loan Group has been reduced to zero, the Trustee shall distribute the principal portion of Available Funds Distribution Amount on the Mortgage Loans relating to the such Senior Certificates that will have been paid in full full, to the holders of the Senior Certificates of the other Certificate Groups, pro rata, based on Class Principal BalancesGroup, provided, however, that the Securities Administrator Trustee shall not make such distribution on such Distribution Date if (a) the Aggregate Subordinated Percentage for such Distribution 57 Date is greater than or equal to 200% of such Aggregate Subordinated Percentage as of the Closing Date and (b) the average aggregate Stated Principal Balance of the Mortgage Loans in each Loan Group delinquent 60 days or more over the last six months, as a percentage of the Class Principal Balance of the Subordinated Certificatesrelated Component Balance, is less than 50%.

Cross-Collateralization; Adjustments to Available Funds. (a) On each Distribution Date after the first Senior Termination Date but prior to the earlier of the Senior Credit Support Depletion Date and the third fourth Senior Termination Date, but after a Senior Termination Date, the Securities Administrator Trustee shall distribute the principal portion of Available Funds on the Mortgage Loans relating to the Senior Certificates that will have been paid in full to the holders of the Senior Certificates of the other Certificate Groups, pro rata, based on Class Principal Certificate Balances, provided, however, that the Securities Administrator Trustee shall not make such distribution on such Distribution Date if (a) the Aggregate Subordinated Percentage for such Distribution Date is greater than or equal to 200% of such Aggregate Subordinated Percentage as of the Closing Date and (b) the average aggregate Stated Principal Balance of the Mortgage Loans delinquent 60 days or more over the last six months, as a percentage of the Class Principal Certificate Balance of the Subordinated Certificates, is less than 50%.

Cross-Collateralization; Adjustments to Available Funds. (a) On each Distribution Date after the first Senior Termination Date but prior to the earlier of the Senior Credit Support Depletion Date and the third Senior Termination Date, but after a Senior Termination Date, the Securities Administrator Trustee shall distribute the principal portion of Available Funds on the Mortgage Loans relating to the Senior Certificates that will have been paid in full to the holders of the Senior Certificates of the other Certificate Groups, pro rata, based on Class Principal Certificate Balances, provided, however, that the Securities Administrator Trustee shall not make such distribution on such Distribution Date if (a) the Aggregate Subordinated Percentage for such Distribution Date is greater than or equal to 200% of such Aggregate Subordinated Percentage as of the Closing Date and (b) the average aggregate Stated Principal Balance of the Mortgage Loans delinquent 60 days or more over the last six months, as a percentage of the aggregate Class Principal Certificate Balance of the Subordinated Certificates, is less than 50%.

Cross-Collateralization; Adjustments to Available Funds. (a) On each Distribution Date after the first Senior Termination Date but prior to the earlier of the Senior Credit Support Depletion Date and the third fourth Senior Termination Date, the Securities Administrator shall distribute the principal portion of Available Funds on the Mortgage Loans relating to the Senior Certificates that will have been paid in full to the holders of the Senior Certificates of the other Certificate Groups, pro rata, based on Class Principal Balances, provided, however, that the Securities Administrator shall not make such distribution on such Distribution Date if (a) the Aggregate Subordinated Percentage for such Distribution Date is greater than or equal to 200% of such Aggregate Subordinated Percentage as of the Closing Date and (b) the average aggregate Stated Principal Balance of the Mortgage Loans delinquent 60 days or more over the last six months, as a percentage of the Class Principal Balance of the Subordinated Certificates, is less than 50%.