Common use of Distributions of Excess Cashflow Clause in Contracts

Distributions of Excess Cashflow. With respect to any Distribution Date, any Excess Cashflow will be paid to the Classes of Certificates in the following order, in each case to the extent of remaining Excess Cashflow: (i) to the Classes of LIBOR Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the Extra Principal Distribution Amount for the Loan Group payable to the related Classes of Certificates as part of the applicable Principal Distribution Amount pursuant to Section 4.02(b) hereof; (ii) concurrently, to the Classes of Senior Certificates, pro rata based on the amount of Unpaid Realized Loss Amounts for each such Class, in each case in an amount equal to the Unpaid Realized Loss Amount for each such Class; provided, however, that any amounts allocable to the Class 2-A-2B Certificates will be allocated to the Class 2-A-2A Certificates, in an amount up to the Unpaid Realized Loss Amount for such Class; (iii) sequentially, to the Class X-0, Xxxxx X-0, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7 and Class M-8 Certificates, in that order, in each case first in an amount equal to any Interest Carry Forward Amount for such Class and then in an amount equal to the Unpaid Realized Loss Amount for such Class; (iv) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes of LIBOR Certificates, pro rata based on their respective Class Certificate Balances to the extent needed to pay any unpaid Net Rate Carryover for each such Class; and then any Excess Cashflow remaining after such allocation to pay Net Rate Carryover based on Class Certificate Balances of the Certificates will be distributed to each Class of LIBOR Certificates with respect to which there remains any unpaid Net Rate Carryover, pro rata, based on the amount of such unpaid Net Rate Carryover; (v) to the Swap Account, in an amount equal to any Swap Termination Payment due to the Swap Counterparty as a result of a Swap Counterparty Trigger Event; (vi) to the Class C Certificateholders, an amount up to the Class C Distributable Amount for such Distribution Date; and (vii) to the Class A-R Certificates.

Distributions of Excess Cashflow. With respect to any Distribution Date, any Excess Cashflow will be paid distributed to the Classes of Certificates in the following order, in each case to the extent of remaining Excess Cashflow: (i1) to the Classes of LIBOR Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal up to the Extra Principal Distribution Amount for the Loan Group Amount, payable to the related such Classes of Certificates as part of the applicable Principal Distribution Amount pursuant to Section 4.02(b) hereof; (ii2) concurrently, to the Classes of Senior Class A-1 Certificates, pro rata based on the amount of Unpaid Realized Loss Amounts for each such Class, in each case in an amount equal up to any Interest Carry Forward Amount for such Class; (3) sequentially, in the Unpaid Realized Loss order of their distribution priorities, to each Class of Subordinated Certificates, in an amount up to any Interest Carry Forward Amount for each such Class; provided, however, that any amounts allocable ; (4) to the Class 2-A-2B Certificates will be allocated to the Class 2-A-2A A-1 Certificates, in an amount up to the Unpaid Realized Loss Amount for such Class; (iii5) sequentially, in the order of their distribution priorities, to the each Class X-0, Xxxxx X-0, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7 and Class M-8 of Subordinated Certificates, in that order, in each case first in an amount equal to any Interest Carry Forward Amount for such Class and then in an amount equal up to the Unpaid Realized Loss Amount for each such Class; (iv6) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes each Class of LIBOR Certificates, pro rata based on their respective Class Certificate Balances unpaid Net Rate Carryover, in an amount up to the extent needed to pay any unpaid Net Rate Carryover for each such Class; ; (7) concurrently, to the Certificate Swap Account and then any Excess Cashflow remaining after such allocation to pay Net Rate Carryover based on Class the Subordinated Certificate Balances of the Certificates will be distributed to each Class of LIBOR Certificates with respect to which there remains any unpaid Net Rate CarryoverSwap Account, pro rata, rata based on the amount amounts of such unpaid Net Rate Carryover; (v) to the Swap Account, in an amount equal to any Swap Termination Payment due to the Swap Counterparty as a result of a Swap Counterparty Trigger Event;Event under the related Derivative Agreement, in an amount up to any such Swap Termination Payment; and (vi) 8) to the Class C CertificateholdersCertificates, an amount up to the Class C Distributable Amount for such Distribution Date; and (vii9) to the Class A-R Certificates.

Distributions of Excess Cashflow. With respect to any Distribution Date, any Excess Cashflow will be paid to the Classes of Certificates in the following orderorder of priority, in each case to the extent of remaining Excess Cashflow: (i) to the Classes of LIBOR Offered Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the Extra Principal Distribution Amount for the Loan Group payable to the related Classes of Certificates as part of the applicable Principal Distribution Amount pursuant to Section 4.02(b) hereof; (ii) concurrently, to the Classes of Senior Certificates, pro rata based on the amount of Unpaid Realized Loss Amounts for each such Class, in each case in an amount equal to the Unpaid Realized Loss Amount for each such Class; provided, however, that any amounts allocable to the Class 2-A-2B Certificates will be allocated to the Class 2-A-2A Certificates, in an amount up to the Unpaid Realized Loss Amount for such Class; (iii) sequentially, to the Class X-0M-1, Xxxxx X-0Class M-2, Class M-3, Class M-4X-0, Class Xxxxs M-5, Class M-6, Class M-7 and Class M-8 Certificates, in that order, in each case first in an amount equal to any Interest Carry Forward Amount for such Class and then in an amount equal to the Unpaid Realized Loss Amount for such Class; (iv) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes of LIBOR Certificates, in an amount up to their pro rata share based on their respective Class Certificate Balances Balances, to the extent needed to pay any unpaid Net Rate Carryover for each such Class; and then any Excess Cashflow remaining after such allocation to pay Net Rate Carryover based on Class Certificate Balances of the Certificates will be distributed concurrently to each Class of LIBOR Certificates with respect to which there remains any unpaid Net Rate Carryover, pro rata, based on the amount of such unpaid Net Rate Carryover; (v) on any Distribution Date on which a Final Maturity OC Trigger Event is in effect, sequentially: (A) concurrently, as principal to the Classes of Senior Certificates, pro rata, based on the (i) the Class Certificate Balance of the Class A-1 Certificates and (ii) the aggregate Class Certificate Balance of the Group 2 Senior Certificates, as follows: (1) to the Class 1-A Certificates, until its Class Certificate Balance is reduced to zero; and (2) sequentially: a. to the Class 2-A-1 Certificates, until its Class Certificate Balance is reduced to zero; b. concurrently, to the Class 2-A-2A and Class 2-A-2B Certificates, pro rata, until their respective Class Certificate Balances are reduced to zero; and c. to the Class 2-A-3 Certificates, until its Class Certificate Balance is reduced to zero. (B) sequentially, in order of their distribution priorities, as principal to each class of Subordinated Certificates, until their respective Class Certificate Balances are reduced to zero; (vi) to the Swap Account, in an amount equal to any Swap Termination Payment due to the Swap Counterparty as a result of a Swap Counterparty Trigger Event; (vivii) to the Class C Certificateholders, an amount up to the Class C Distributable Amount for such Distribution Date; and (viiviii) to the Class A-R Certificates.

Distributions of Excess Cashflow. With respect to any Distribution Date, any Excess Cashflow will be paid distributed to the Classes of Certificates and deposited in the Swap Accounts in the following order, in each case to the extent of remaining Excess Cashflow: (i1) to each NDI Swap Account (up to the related NDI Swap Principal Amount) and to the Classes of LIBOR Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the Extra Principal Distribution Amount for the Loan Group Amount, payable to the related Classes of Certificates as part of the applicable Principal Distribution Amount pursuant to Section 4.02(b) hereof; (ii2) to the Class A-1-A, Class A-1-B, Class A-2-A, Class A-2-B and Class A-3 Certificates and to the NDI Swap Accounts in the following order: (a) concurrently, to the Classes of Senior CertificatesClass A-1-A and Class A-1-B Certificates and to the Class A-1-B Swap Account, pro rata based on the amount of Unpaid Realized Loss Amounts for each such Class, in each case in an amount equal to the Unpaid Realized Loss Amount for each such Class; providedClass and the Class A-1-B Swap Principal Amount, howeverrespectively, that any amounts allocable in an amount up to the Unpaid Realized Loss Amount allocated to such Class and such Swap Principal Amount, respectively; (b) concurrently, to the Class 2A-2-A-2B A and Class A-2-B Certificates will be allocated and to the Class 2A-2-A-2A B Swap Account, pro rata based on the Unpaid Realized Loss Amount for each such Class and the Class A-2-B Swap Principal Amount, respectively, in an amount up to the Unpaid Realized Loss Amount allocated to such Class and such Swap Principal Amount, respectively; and (c) to the Class A-3 Certificates, in an amount up to the Unpaid Realized Loss Amount for allocated to such Class; (iii3) sequentially, to the Class X-0, Xxxxx X-0, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7 and Class M-8 Certificates, in that order, in each case first case, first, in an amount equal up to any remaining Current Interest and Interest Carry Forward Amount for each such Class and such Distribution Date and then in an amount equal up to the Unpaid Realized Loss Amount for each such Class; (iv4) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes of LIBOR Certificates, pro rata based on their respective Class Certificate Balances to the extent needed to pay any unpaid Net Rate Carryover for each such Class; and then any Excess Cashflow remaining after such allocation to pay Net Rate Carryover based on Class Certificate Balances of the LIBOR Certificates will be distributed to each Class of LIBOR Certificates with respect to which there remains any unpaid Net Rate Carryover, pro rata, based on the amount of such unpaid Net Rate Carryover; provided, however, that prior to the termination of an NDI Swap Contract, any amount of Net Rate Carryover that would have been distributed to the related Class of NDI Swap Certificates in the absence of that NDI Swap Contract shall instead be distributed to the related NDI Swap Account and, provided, further, that if an NDI Swap Termination Payment (other than a NDI Swap Termination Payment due to a Swap Counterparty Trigger Event) is due to the NDI Swap Counterparty, then any amount of Net Rate Carryover that would be distributed to the related Class of NDI Swap Certificates in the absence of such NDI Swap Termination Payment will instead be distributed, up to the amount of such NDI Swap Termination Payment, to the related NDI Swap Account; (v5) concurrently, to the Certificate Swap Account and each NDI Swap Account, in an up to the amount equal to of any unpaid Certificate Swap Termination Payment and unpaid related NDI Swap Termination Payment due to the Certificate Swap Counterparty and the NDI Swap Counterparty, respectively, as a result of a related Swap Counterparty Trigger Event, pro rata, based upon the respective amounts of such unpaid payments; (vi6) to the Class C CertificateholdersC-P Certificates, in an amount up to the Class C C-P Distributable Amount for such Distribution Date; and (vii7) to the Class A-R Certificates.

Distributions of Excess Cashflow. With respect to any Distribution Date, any Excess Cashflow will be paid to the Classes of Certificates in the following orderorder of priority, in each case to the extent of remaining Excess Cashflow: (i) to the Classes of LIBOR Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the Extra Principal Distribution Amount for the Loan Group payable to the related Classes of Certificates as part of the applicable Principal Distribution Amount pursuant to Section 4.02(b) hereof; (ii) concurrently, to the Classes of Senior Certificates, pro rata based on the amount of Unpaid Realized Loss Amounts for each such Class, in each case in an amount equal to the Unpaid Realized Loss Amount for each such Class; provided, however, that any amounts allocable to the Class 2-A-2B Certificates will be allocated to the Class 2-A-2A Certificates, in an amount up to the Unpaid Realized Loss Amount for such Class; (iii) sequentially, to the Class X-0M-1, Xxxxx X-0Class M-2, Class M-3, Class M-4X-0, Class Xxxss M-5, Class M-6, Class M-7 M-7, Class M-8 and Class M-8 M-9 Certificates, in that order, in each case first in an amount equal to any Interest Carry Forward Amount for such Class and then in an amount equal to the Unpaid Realized Loss Amount for such Class; (iv) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes of LIBOR Certificates, pro rata based on their respective Class Certificate Balances to the extent needed to pay any unpaid Net Rate Carryover for each such Class; and then any Excess Cashflow remaining after such allocation to pay Net Rate Carryover based on Class Certificate Balances of the Certificates will be distributed to each Class of LIBOR Certificates with respect to which there remains any unpaid Net Rate Carryover, pro rata, based on the amount of such unpaid Net Rate Carryover; (v) to the Swap Account, in an amount equal to any Swap Termination Payment due to the Swap Counterparty as a result of a Swap Counterparty Trigger Event; (vi) to the Class C Certificateholders, an amount up to the Class C Distributable Amount for such Distribution Date; and (vii) to the Class A-R Certificates.

Distributions of Excess Cashflow. With respect to any Distribution Date, any Excess Cashflow will be paid to the Classes of Certificates in the following order, in each case to the extent of remaining Excess Cashflow: (i) to the Classes of LIBOR Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the Extra Principal Distribution Amount for the Loan Group payable to the related Classes of Certificates as part of the applicable Principal Distribution Amount pursuant to Section 4.02(b) hereof; (ii) concurrently, to the Classes of Senior Certificates, pro rata based on the amount of Unpaid Realized Loss Amounts for each such Class, in each case in an amount equal to the Unpaid Realized Loss Amount for each such Class; provided, however, that any amounts allocable to the Class 2-A-2B Certificates will be allocated first to the Class 2-A-2A Certificates, in an amount up to the Unpaid Realized Loss Amount for such Class; (iii) sequentially, to the Class X-0, Xxxxx X-0, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7 and Class M-8 Certificates, in that order, in each case first in an amount equal to any Interest Carry Forward Amount for such Class and then in an amount equal to the Unpaid Realized Loss Amount for such Class; (iv) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes of LIBOR Certificates, in an amount up to their pro rata share based on their respective Class Certificate Balances to the extent needed to pay any unpaid Net Rate Carryover for each such Class; and then any Excess Cashflow remaining after such allocation to pay Net Rate Carryover based on Class Certificate Balances of the Certificates will be distributed concurrently to each Class of LIBOR Certificates with respect to which there remains any unpaid Net Rate Carryover, pro rata, based on the amount of such unpaid Net Rate Carryover; (v) to the Swap Account, in an amount equal to any Swap Termination Payment due to the Swap Counterparty as a result of a Swap Counterparty Trigger Event; (vi) to the Class C Certificateholders, an amount up to the Class C Distributable Amount for such Distribution Date; and (vii) to the Class A-R Certificates.

Distributions of Excess Cashflow. With respect to any Distribution Date, any Excess Cashflow will be paid to the Classes of Certificates in the following orderorder of priority, in each case to the extent of remaining Excess Cashflow: (i) to the Classes of LIBOR Offered Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the Extra Principal Distribution Amount for the Loan Group payable to the related Classes of Certificates as part of the applicable Principal Distribution Amount pursuant to Section 4.02(b) hereof; (ii) concurrently, to the Classes of Senior Class A-1A, Class A-1B, Class A-1C, Class A-1D and Class A-2 Certificates, pro rata based on the amount of Unpaid Realized Loss Amounts Amount for each such Class, in each case in an amount equal up to the Unpaid Realized Loss Amount for each such Class; provided; (iii) concurrently, however, that any amounts allocable to the Class 2-A-2B Certificates will be allocated A-3, Class A-4A, Class A-4B and Xxxxx X-0X Xxxxxxxxxxxx, pro rata based on the Unpaid Realized Loss Amount for each such Class, in an amount up to the Unpaid Realized Loss Amount for each such Class; (iv) to the Class 2-A-2A A-5 Certificates, in an amount up to the Unpaid Realized Loss Amount for such Class; (iiiv) sequentially, to the Class X-0M-1, Xxxxx X-0Class M-2, Class M-3, Class M-4X-0, Class Xxxxs M-5, Class M-6, Class M-7 M-7, Class M-8 and Class M-8 M-9 Certificates, in that order, in each case case, first in an amount equal up to any remaining Current Interest and Interest Carry Forward Amount for each such Class and Distribution Date and then in an amount equal up to the Unpaid Realized Loss Amount for such Class; (ivvi) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes of LIBOR Certificates, pro rata based on their respective Class Certificate Balances to the extent needed to pay any unpaid Net Rate Carryover for each such Class; and then any Excess Cashflow remaining after such allocation to pay Net Rate Carryover based on Class Certificate Balances of the LIBOR Certificates will be distributed to each Class of LIBOR Certificates with respect to which there remains any unpaid Net Rate Carryover, pro rata, based on the amount of such unpaid Net Rate Carryover; (v) to the Swap Account, in an amount equal to any Swap Termination Payment due to the Swap Counterparty as a result of a Swap Counterparty Trigger Event; (vivii) to the Class C Certificateholders, in an amount up to the Class C Distributable Amount for such Distribution Date; and (viiviii) to the Class A-R Certificates.

Distributions of Excess Cashflow. With respect to any Distribution Date, any Excess Cashflow will be paid to the Classes of Certificates in the following orderorder of priority, in each case to the extent of remaining Excess Cashflow: (i) to the Classes of LIBOR Offered Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the Extra Principal Distribution Amount for the Loan Group Groups payable to the related such Classes of Certificates as part of the applicable Principal Distribution Amount pursuant to Section 4.02(b) hereof; (ii) concurrently, to the Classes Holders of the Senior Certificates, pro rata based on the amount of Unpaid Realized Loss Amounts for each such Class, in each case in an amount equal to the Unpaid Realized Loss Amount for each such Class; provided, however, that any amounts allocable to the Class 2-A-2B Certificates will be allocated to the Class 2-A-2A Certificates, in an amount up to the Unpaid Realized Loss Amount for such Class; (iii) sequentially, to the Class X-0M-1, Xxxxx X-0Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7 Xxxxx X-0, Xxxss M-8 and Class M-8 CertificatesM-9 Certificateholders, in that order, in each case first in an amount equal to any Interest Carry Forward Amount for such Class and then in an amount equal to the Unpaid Realized Loss Amount for such Class; (iv) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes of LIBOR CertificatesOffered Certificates (after application of any amounts received under the Corridor Contract to cover Net Rate Carryover and distributed pursuant to Section 4.02(d) hereof), pro rata based on their respective Class Certificate Balances to the extent needed to pay any unpaid Net Rate Carryover for each such Class; and then any Excess Cashflow remaining after such allocation to pay Net Rate Carryover based on Class Certificate Balances of the Certificates will be distributed to each Class of LIBOR Offered Certificates with respect to which there remains any unpaid Net Rate Carryover, pro rata, based on the amount of such unpaid Net Rate Carryover; (v) to the Swap Account, in an amount equal to any Swap Termination Payment due to the Swap Counterparty as a result of a Swap Counterparty Trigger Event; (vi) to the Class C Certificateholders, an amount up to the Class C Distributable Amount for such Distribution Date; and (viivi) to the Class A-R Certificates.

Distributions of Excess Cashflow. With respect to any Distribution Date, any Excess Cashflow will be paid to the Classes of Certificates in the following orderorder of priority, in each case to the extent of remaining Excess Cashflow: (i) to the Classes of LIBOR Offered Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the Extra Principal Distribution Amount for the Loan Group payable to the related Classes of Certificates as part of the applicable Principal Distribution Amount pursuant to Section 4.02(b) hereof; (ii) concurrently, to the Classes Holders of the Senior Certificates, pro rata based on the amount of Unpaid Realized Loss Amounts for each such Class, in each case in an amount equal to the Unpaid Realized Loss Amount for each such Class; provided, however, that any amounts allocable to the Class 21-A-2B A-1 and Class 1-A-2 Certificates will be allocated first, to the Class 21-A-2A A-1 Certificates, in an amount up to the Unpaid Realized Loss Amount for such Class, and then to the Class 1-A-2 Certificates; (iii) sequentially, to the Class X-0M-1, Xxxxx X-0Class M-2, Class M-3, Class M-4X-0, Class Xxxxs M-5, Class M-6, Class M-7 M-7, lass M-8 and Class M-8 CertificatesM-9 Certificateholders, in that order, in each case first in an amount equal to any Interest Carry Forward Amount for such Class and then in an amount equal to the Unpaid Realized Loss Amount for such Class; (iv) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes of LIBOR Offered Certificates, pro rata based on their respective Class Certificate Balances to the extent needed to pay any unpaid Net Rate Carryover for each such Class; and then any Excess Cashflow remaining after such allocation to pay Net Rate Carryover based on Class Certificate Balances of the Certificates will be distributed to each Class of LIBOR Offered Certificates with respect to which there remains any unpaid Net Rate Carryover, pro rata, based on the amount of such unpaid Net Rate Carryover; (v) to the Swap Account, Account in an amount equal to any Swap Termination Payment due to the Swap Counterparty as a result of a Swap Counterparty Trigger Event; (vi) to the Class C Certificateholders, an amount up to the Class C Distributable Amount for such Distribution Date; and (vii) to the Class A-R Certificates.

Distributions of Excess Cashflow. With respect to any Distribution Date, any Excess Cashflow will be paid to the Classes of Certificates in the following orderpriority, in each case to the extent of remaining Excess Cashflow: (i) to the Classes of LIBOR Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the Extra Principal Distribution Amount for the Loan Group payable that Distribution Date, distributable to the related those Classes of Certificates as part of the applicable Principal Distribution Amount pursuant to Section 4.02(b) hereofof this Agreement; (ii) concurrently, to the Classes of Senior Certificates, concurrently and pro rata based on the amount of aggregate Unpaid Realized Loss Amounts Amount for the Senior Certificates in each such ClassSenior Certificate Group (x) sequentially, to the Class 1-A-1 and Class 1-A-2 Certificates, in each case in an amount equal to that order, the Unpaid Realized Loss Amount for each such Class; providedand (y) sequentially, however, that any amounts allocable to the Class 2-A-2B Certificates will be allocated to the A-1, Class 2-A-2A A-2 and Class 2-A-3 Certificates, in an amount up to that order, the Unpaid Realized Loss Amount for each such Class; (iii) sequentially, to the Class X-0M-1, Xxxxx X-0Class M-2, Class M-3, Class M-4X-0, Class Xxxxx M-5, Class M-6, Class M-7 M-7, Class M-8 and Class M-8 M-9 Certificates, in that order, in each case first in an amount equal to any Interest Carry Forward Amount for such Class and then in an amount equal to the Unpaid Realized Loss Amount for each such Class; (iv) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes each Class of LIBOR Certificates, pro rata based on their respective Class Certificate Balances to the extent needed to pay unpaid Net Rate Carryover, any unpaid Net Rate Carryover for each such Class; and then any Excess Cashflow remaining Class (after such allocation giving effect to pay Net Rate Carryover based on Class Certificate Balances of distributions from the Certificates will be distributed to each Class of LIBOR Certificates with respect to which there remains any unpaid Net Rate Carryover, pro rata, based on the amount of such unpaid Net Rate CarryoverSupplemental Interest Trust); (v) to the Swap Account, in an amount equal Trust to pay any unpaid Swap Termination Payment due to the Swap Counterparty as a result of a under the Swap Counterparty Trigger EventContract; (vi) to the Class C CertificateholdersCertificates, an amount up to the Class C Distributable Amount for such Distribution DateAmount; and (vii) to the Class A-R Certificates.

Distributions of Excess Cashflow. With respect to any Distribution Date, any Excess Cashflow will be paid distributed to the Classes of Certificates in the following order, in each case to the extent of remaining Excess Cashflow: (i1) to the Classes of LIBOR Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal up to the Extra Principal Distribution Amount for the Loan Group Amount, payable to the related such Classes of Certificates as part of the applicable Principal Distribution Amount pursuant to Section 4.02(b) hereof; (ii2) concurrently, to the Classes each Class of Senior LIBOR Certificates, in an amount up to any Interest Carry Forward Amount for each such Class, pro rata based on their respective entitlements; provided, however, that for so long as the Class A-1 Swap Contract has not been terminated, any Interest Carry Forward Amount that would be distributed to the Class A-1 Certificates in the absence of the Class A-1 swap contract will instead be distributed to the Class A-1 Swap Account and, provided further, if a Swap Termination Payment (other than a Swap Termination Payment due to a Swap Counterparty Trigger Event) is due to the Swap Counterparty with respect to the Class A-1 Swap Contract, then any Interest Carry Forward Amount that would be distributed to the Class A-1 Certificates in the absence of such Swap Termination Payment will instead be distributed, up to the amount of Unpaid Realized Loss Amounts such Swap Termination Payment, to the Class A-1 swap account; (3) sequentially, in the order of their distribution priorities, to each Class of Subordinated Certificates, in an amount up to any Interest Carry Forward Amount for each such Class; (4) sequentially, to the Class A-1 and Class A-2 Certificates, in each case that order, in an amount equal up to the Unpaid Realized Loss Amount for each such Class; provided; (5) sequentially, howeverin the order of their distribution priorities, that any amounts allocable to the each Class 2-A-2B Certificates will be allocated to the Class 2-A-2A of Subordinated Certificates, in an amount up to the Unpaid Realized Loss Amount for each such Class; (iii6) sequentially, to the Class X-0, Xxxxx X-0, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7 and Class M-8 Certificates, in that order, in each case first in an amount equal to any Interest Carry Forward Amount for such Class and then in an amount equal to the Unpaid Realized Loss Amount for such Class; (iv) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes each Class of LIBOR Certificates, pro rata based on their respective Class Certificate Balances unpaid Net Rate Carryover, in an amount up to the extent needed to pay any unpaid Net Rate Carryover for each such Class; and then provided, however, that for so long as the Class A-1 Swap Contract has not been terminated, any Excess Cashflow remaining after such allocation to pay amount of Net Rate Carryover based on Class Certificate Balances of the Certificates will that would be distributed to each the Class A-1 Certificates in the absence of LIBOR Certificates the Class A-1 Swap Contract will instead be distributed to the Class A-1 Swap Account and, provided further, if a Swap Termination Payment (other than a Swap Termination Payment due to a Swap Counterparty Trigger Event) is due to the Swap Counterparty with respect to which there remains the Class A-1 Swap Contract, then any unpaid amount of Net Rate CarryoverCarryover that would be distributed to the Class A-1 Certificates in the absence of such Swap Termination Payment will instead be distributed, pro rata, based on up to the amount of such unpaid Net Rate CarryoverSwap Termination Payment, to the Class A-1 Swap Account; (v7) concurrently, to the Certificate Swap Account and the Subordinated Certificate Swap Account, in an amount equal to pro rata based on the amounts of any Swap Termination Payment due to the Swap Counterparty as a result of a Swap Counterparty Trigger EventEvent under the related Derivative Agreement, in an amount up to any such Swap Termination Payment; (vi) 8) to the Class C CertificateholdersCertificates, an amount up to the Class C Distributable Amount for such Distribution Date; and (vii9) to the Class A-R Certificates.

Distributions of Excess Cashflow. With respect to any On each Distribution Date, any Excess Cashflow the Certificate Administrator will be paid to the Classes of Certificates in make the following order, in each case distributions to the extent of remaining Excess Cashflowamounts available therefor from Sections 6.04(a)(vii), 6.04(b)(vii) and 6.04(c)(vi) in the following order of priority: (i) to the Classes of LIBOR Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the Extra Principal Distribution Amount for the Loan Group payable to the related Classes of Certificates as part Holders of the applicable Principal Distribution Amount pursuant Class A Certificates, any unpaid Interest Shortfall Carryforward Amounts for those Classes, such payment to Section 4.02(b) hereofbe made pro rata among these Classes on the basis of the shortfalls for each Class; (ii) concurrentlyto fund the Accelerated Principal Distribution Amount, to the Classes of Senior Certificates, pro rata based on the amount of Unpaid Realized Loss Amounts for each such Class, in each case in an amount equal to the Unpaid Realized Loss Amount for each such Class; provided, however, that any amounts allocable to the Class 2-A-2B Certificates will be allocated to the Class 2-A-2A Certificates, in an amount up to the Unpaid Realized Loss Amount for such Classif any; (iii) sequentially, to the Holders of the Class X-0, Xxxxx X-0, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7 and Class M-8 M-1 Certificates, in that order, in each case first in an amount equal to any unpaid Interest Carry Forward Shortfall Carryforward Amount for such Class and then in an amount equal to the Unpaid Realized Loss Amount for such that Class; (iv) to the Carryover Reserve Fund and then from Holders of the Carryover Reserve Fund, concurrently, to the Classes of LIBOR Class M-1 Certificates, pro rata based on their respective Class Certificate Balances to the extent needed to pay any unpaid Net Rate Carryover Applied Realized Loss Amount for each such Class; and then any Excess Cashflow remaining after such allocation to pay Net Rate Carryover based on Class Certificate Balances of the Certificates will be distributed to each Class of LIBOR Certificates with respect to which there remains any unpaid Net Rate Carryover, pro rata, based on the amount of such unpaid Net Rate Carryoverthat class; (v) to the Swap AccountHolders of the Class M-2 Certificates, in an amount equal to any Swap Termination Payment due to the Swap Counterparty as a result of a Swap Counterparty Trigger Eventunpaid Interest Shortfall Carryforward Amount for that Class; (vi) to the Class C Certificateholders, an amount up to Holders of the Class C Distributable M-2 Certificates, any unpaid Applied Realized Loss Amount for such Distribution Date; andthat class; (vii) to the Holders of the Class A-R B-1 Certificates, any unpaid Interest Shortfall Carryforward Amount for that Class; (viii) to the Holders of the Class B-1 Certificates, any unpaid Applied Realized Loss Amount for that class; (ix) to the Holders of the Class B-2 Certificates, any unpaid Interest Shortfall Carryforward Amount for that Class; (x) to the Holders of the Class B-2 Certificates, any unpaid Applied Realized Loss Amount for that class; (xi) to the Expense Account, the amount, if any, required to be deposited therein pursuant to Section 6.02(b) hereof; (xii) to the Holders of the Class X Certificates, the Class X Distribution Amount; and (xiii) any remainder, to the Holders of the Class R-2 Certificates.

Distributions of Excess Cashflow. With respect to any Distribution Date, any Excess Cashflow will be paid to the Classes of Group II Certificates in the following order, in each case to the extent of remaining Excess Cashflow: (i) to the Classes of LIBOR Group II Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the Extra Principal Distribution Amount for the Loan Group payable to the related Classes of Group II Certificates as part of the applicable Group II Principal Distribution Amount pursuant to Section 4.02(b4.04(b) hereof; (ii) concurrently, to each Class of Group II Senior Certificates and to the Classes of Senior CertificatesClass 3-A-2 Insurer, pro rata based on the amount of their Unpaid Realized Loss Amounts for each such Class(in the case of the Group II Senior Certificates) and any unpaid Reimbursement Amount (in the case of the Class 3-A-2 Insurer), in each case in an amount equal to the Unpaid Realized Loss Amount for each such Class; provided, however, that any amounts allocable to the Class 2-A-2B Certificates will be allocated to or the Class 2-A-2A Certificatesunpaid Reimbursement Amount, in an amount up to as the Unpaid Realized Loss Amount for such Classcase may be; (iii) sequentially, to the Class X-0, Xxxxx X-03-M-1, Class M-33-M-2, Class M-4, Class M-5, Class M-6, Class M-7 3-M-3 and Class M-8 3-B Certificates, in that order, in each case first in an amount equal to any Interest Carry Forward Amount for such Class and then in an amount equal to the Unpaid Realized Loss Amount for such Class; (iv) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes of LIBOR Group II Certificates, in an amount up to their pro rata share based on their respective Class Certificate Balances to the extent needed to pay any unpaid Net Rate Carryover for each such Class; and then any Excess Cashflow remaining after such allocation to pay Net Rate Carryover based on Class Certificate Balances of the Certificates will be distributed concurrently to each Class of LIBOR Group II Certificates with respect to which there remains any unpaid Net Rate Carryover, pro rata, based on the amount of such unpaid Net Rate Carryover; (v) to the Swap Account, in an amount equal to any Swap Termination Payment due to the Swap Counterparty as a result of a Swap Counterparty Trigger Event; (vi) to the Class 3-C Certificateholders, an amount up to the Class 3-C Distributable Amount for such Distribution Date; and (viivi) to the Class 3-A-R Certificates.

Distributions of Excess Cashflow. With respect to any Distribution Date, any Excess Cashflow will be paid distributed to the Classes of Certificates in the following order, in each case to the extent of remaining Excess Cashflow: (i1) to the Classes of LIBOR Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the Extra Principal Distribution Amount for the Loan Group Amount, payable to the related such Classes of Certificates as part of the applicable Principal Distribution Amount pursuant to Section 4.02(b) hereof; (ii2) concurrently, to the Classes each Class of Senior LIBOR Certificates, in an amount equal to any Interest Carry Forward Amount for each such Class, pro rata based on their respective entitlements; provided, however, that for so long as the Class A-1 Swap Contract or the Class A-3 Swap Contract has not been terminated, any Interest Carry Forward Amount that would be distributed to the Class A-1 and Class A-3 Certificates, respectively, in the absence of the related swap contract will instead be distributed to the related Swap Account and, provided further, if a Swap Termination Payment (other than a Swap Termination Payment due to a Swap Counterparty Trigger Event) is due to the Swap Counterparty with respect to the Class A-1 Swap Contract or the Class A-3 Swap Contract, then any Interest Carry Forward Amount that would be distributed to the Class A-1 and Class A-3 Certificates, respectively, in the absence of such Swap Termination Payment will instead be distributed, up to the amount of Unpaid Realized Loss Amounts such Swap Termination Payment, to the related swap account; (3) sequentially, in the order of their distribution priorities, to each Class of Subordinated Certificates, in an amount equal to any Interest Carry Forward Amount for each such Class; provided, however, that for so long as the Class M-3 Swap Contract has not been terminated, any Interest Carry Forward Amount that would be distributed to the Class M-3 Certificates in the absence of the Class M-3 Swap Contract will instead be distributed to the Class M-3 Swap Account and, provided further, if a Swap Termination Payment (other than a Swap Termination payment due to a Swap Counterparty Trigger Event) is due to the Swap Counterparty with respect to the Class M-3 Swap Contract, then any Interest Carry Forward Amount that would be distributed to the Class M-3 Certificates in the absence of such Swap Termination Payment will instead be distributed, up to the amount of such Swap Termination Payment, to the Class M-3 Swap Account; (4) concurrently, to each case Class of Senior LIBOR Certificates, in an amount equal to the Unpaid Realized Loss Amount for each such Class; provided, howeverpro rata, that any amounts allocable to the Class 2-A-2B Certificates will be allocated to the Class 2-A-2A Certificates, in an amount up to based on the Unpaid Realized Loss Amount for each such Class; (iii) sequentially, except that any payments in respect of Unpaid Realized Loss Amount payable to the Class A-2 and Class A-3 Certificates will first be paid, pro rata, based on the Unpaid Realized Loss Amount for each such Class, to the Class X-0A-1 Certificates; (5) sequentially, Xxxxx X-0in the order of their distribution priorities, to each Class M-3, Class M-4, Class M-5, Class M-6, Class M-7 and Class M-8 of Subordinated Certificates, in that order, in each case first in an amount equal to any Interest Carry Forward Amount for such Class and then in an amount equal to the Unpaid Realized Loss Amount for each such Class; (iv6) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes of LIBOR Certificates, pro rata based on their respective Class Certificate Balances rata, to the extent needed to pay any unpaid Net Rate Carryover for each such Class; and then provided, however, that for so long as the Class A-1 Swap Contract, the Class A-3 Swap Contract or the Class M-3 Swap Contract has not been terminated, any Excess Cashflow remaining after such allocation to pay amount of Net Rate Carryover based on Class Certificate Balances of the Certificates will that would be distributed to each the Class A-1, Class A-3 and Class M-3 Certificates, respectively, in the absence of LIBOR Certificates the related Swap Contract will instead be distributed to the related Swap Account and, provided further, if a Swap Termination Payment (other than a Swap Termination Payment due to a Swap Counterparty Trigger Event) is due to the Swap Counterparty with respect to which there remains the Class A-1 Swap Contract, the Class A-3 Swap Contract or the Class M-3 Swap Contract, then any unpaid amount of Net Rate CarryoverCarryover that would be distributed to the Class A-1, pro rataClass A-3 and Class M-3 Certificates, based on respectively, in the absence of such Swap Termination Payment will instead be distributed, up to the amount of such unpaid Net Rate CarryoverSwap Termination Payment, to the related Swap Account; (v7) concurrently, to the Certificate Swap Account, in an amount equal to the Class A-1 Swap Account, the Class A-3 Swap Account and the Class M-3 Swap Account, pro rata based on the amounts of any Swap Termination Payment due to the Swap Counterparty as a result of a Swap Counterparty Trigger Event;Event under the related Derivative Agreement, in an amount equal to any such Swap Termination Payment; and (vi) 8) to the Class C CertificateholdersCertificates, an amount up to the Class C Distributable Amount for such Distribution Date; and (vii9) to the Class A-R Certificates.

Distributions of Excess Cashflow. With respect to any Distribution Date, any Excess Cashflow will be paid distributed to the Classes of Certificates and deposited in the Swap Accounts in the following order, in each case to the extent of remaining Excess Cashflow: (i1) concurrently, to each Swap Account up to the related Swap Principal Amount and to the Classes of LIBOR Offered Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the Extra Principal Distribution Amount for the Loan Group Amount, payable to the related Classes of Certificates as part of the applicable Principal Distribution Amount pursuant to Section 4.02(b) hereof; (ii2) to the Classes of Senior Certificates and to the Swap Accounts in the following order: (A) concurrently, to the Classes of Senior CertificatesClass A-1-A and Class A-1-B Certificates and to the Class A-1-A Swap Account and Class A-1-B Swap Account, pro rata based on the amount of Unpaid Realized Loss Amounts for each such Class, in each case in an amount equal to the Unpaid Realized Loss Amount for each such Class; providedClass and each Swap Principal Amount, however, that any amounts allocable to the Class 2-A-2B Certificates will be allocated to the Class 2-A-2A Certificatesrespectively, in an amount up to the Unpaid Realized Loss Amount for allocated to such ClassClass and such Swap Principal Amount, respectively; (iiiB) concurrently, to the Class A-2-A and Class A-2-B Certificates and to the Class A-2-A Swap Account, pro rata based on the Unpaid Realized Loss Amount for each such Class and the Class A-2-A Swap Principal Amount, respectively, in an amount up to the Unpaid Realized Loss Amount allocated to such Class and such Swap Principal Amount, respectively; and (C) concurrently, to the Class A-3 Certificates and to the Class A-3 Swap Account, pro rata based on the Unpaid Realized Loss Amount for such Class and the Class A-3 Swap Principal Amount, respectively, in an amount up to the Unpaid Realized Loss Amount allocated to such Class and such Swap Principal Amount, respectively; (3) sequentially, to the Class X-0, Xxxxx X-0, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7 M-7, Class M-8 and Class M-8 M-9 Certificates, in that order, in each case first case, first, in an amount equal up to any remaining Current Interest and Interest Carry Forward Amount for each such Class and such Distribution Date and then in an amount equal up to the Unpaid Realized Loss Amount for such Class; (iv4) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes each Class of LIBOR MTA Certificates and each Swap Account, as applicable, and each Class of Subordinated Certificates, pro rata based on their respective Class Certificate Balances (or, in the case of the Swap Accounts, the Class Certificate Balance of the related Class of Swap Certificates) to the extent needed to pay any unpaid Net Rate Carryover for each such ClassClass and any unpaid Swap Shortfall Amount for the related Swap Contract; and then any Excess Cashflow remaining after such allocation to pay Net Rate Carryover based on Class Certificate Balances of the Certificates will be distributed to each Class of LIBOR MTA Certificates and each Swap Account, as applicable, and each Class of Subordinated Certificates with respect to which there remains any unpaid Net Rate CarryoverCarryover and any unpaid Swap Shortfall Amount, pro rata, based on the amount of such remaining unpaid Net Rate CarryoverCarryover and remaining unpaid Swap Shortfall Amount; provided, however, that prior to the termination of a Swap Contract, the related Class of Swap Certificates shall be not entitled to any distribution according to this priority and, provided, further, that if a Swap Termination Payment (other than a Swap Termination Payment due to a Swap Counterparty Trigger Event) is due to the Swap Counterparty, then any amounts of unpaid Net Rate Carryover that would be distributed to the related Class of MTA Certificates will instead be distributed, up to the amount of such Swap Termination Payment, to the related Swap Account; (v5) concurrently, to the each Swap Account, in an pro rata based on their respective entitlements, up to the amount equal to of any related unpaid Swap Termination Payment due to the Swap Counterparty as a result of a Swap Counterparty Trigger Event; (vi6) to the Class C CertificateholdersC-P Certificates, in an amount up to the Class C C-P Distributable Amount for such Distribution Date; and (vii7) to the Class A-R Certificates.

Distributions of Excess Cashflow. With respect to any Distribution Date, any Excess Cashflow will be paid distributed to the Classes of Certificates in the following order, in each case to the extent of remaining Excess Cashflow: (i1) to the Classes of LIBOR Offered Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the Extra Principal Distribution Amount for the Loan Group Amount, payable to the related such Classes of Certificates as part of the applicable Principal Distribution Amount pursuant to Section 4.02(b) hereof; (ii2) sequentially, in the order of their distribution priorities, to each Class of Subordinated Certificates, in an amount up to any Interest Carry Forward Amount for each such Class; (3) sequentially (x) concurrently, to the Classes of Senior Class X-0, Xxxxx X-0, Class A-3 and Class A-4 Certificates, pro rata based on the amount of Unpaid Realized Loss Amounts for each such Class, in each case in an amount equal up to the Unpaid Realized Loss Amount for each such Class; provided, howeverpro rata, that any amounts allocable based on the Unpaid Realized Loss Amount for each such Class and (y) to the Class 2-A-2B Certificates will be allocated to the Class 2-A-2A A-5 Certificates, in an amount up to the Unpaid Realized Loss Amount for such Class; (iii4) sequentially, in the order of their distribution priorities, to the each Class X-0, Xxxxx X-0, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7 and Class M-8 of Subordinated Certificates, in that order, in each case first in an amount equal to any Interest Carry Forward Amount for such Class and then in an amount equal up to the Unpaid Realized Loss Amount for each such Class; (iv5) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes of Senior LIBOR Certificates, pro rata based on their respective Class Certificate Balances rata, to the extent needed to pay any unpaid Net Rate Carryover for each such Class; and then any Excess Cashflow remaining after such allocation to pay Net Rate Carryover based on Class Certificate Balances ; (6) sequentially, in the order of the Certificates will be distributed their distribution priorities, to each Class of LIBOR Certificates with respect Subordinated Certificates, to which there remains the extent needed to pay any unpaid Net Rate CarryoverCarryover for each such Class; (7) to the Derivative Account, pro rata, based on the amount of such unpaid Net Rate Carryover; (v) to the Swap Account, in an amount equal to any Swap Termination Payment due to the Swap Counterparty as a result of a Swap Counterparty Trigger EventEvent under the Swap Contract, in an amount up to such Swap Termination Payment; (vi) 8) to the Class C CertificateholdersCertificates, an amount up to the Class C Distributable Amount for such Distribution Date; and (vii9) to the Class A-R Certificates.

Distributions of Excess Cashflow. With respect to any Distribution Date, any Excess Cashflow will be paid to the Classes of Certificates in the following orderorder of priority, in each case to the extent of remaining Excess Cashflow: (i) to the Classes of LIBOR Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the Extra Principal Distribution Amount for the Loan Group payable to the related Classes of Certificates as part of the applicable Principal Distribution Amount pursuant to Section 4.02(b) hereof; (ii) concurrently, to the Classes of Senior Certificates, pro rata based on the amount of Unpaid Realized Loss Amounts for each such Class, in each case in an amount equal to the Unpaid Realized Loss Amount for each such Class; provided, however, that any amounts allocable to the Class 2-A-2B Certificates will be allocated to the Class 2-A-2A Certificates, in an amount up to the Unpaid Realized Loss Amount for such Class; (iii) sequentially, to the Class X-0M-1, Xxxxx X-0Class M-2, Class M-3, Class M-4X-0, Class Xxxss M-5, Class M-6, Class M-7 M-7, lass M-8, Class M-9 and Class M-8 B Certificates, in that order, in each case first in an amount equal to any Interest Carry Forward Amount for such Class and then in an amount equal to the Unpaid Realized Loss Amount for such Class; (iv) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes of LIBOR Certificates, pro rata based on their respective Class Certificate Balances to the extent needed to pay any unpaid Net Rate Carryover for each such Class; and then any Excess Cashflow remaining after such allocation to pay Net Rate Carryover based on Class Certificate Balances of the Certificates will be distributed to each Class of LIBOR Certificates with respect to which there remains any unpaid Net Rate Carryover, pro rata, based on the amount of such unpaid Net Rate Carryover; (v) to the Swap Account, Account in an amount equal to any Swap Termination Payment due to the Swap Counterparty as a result of a Swap Counterparty Trigger Event; (vi) to the Class C Certificateholders, an amount up to the Class C Distributable Amount for such Distribution Date; and (vii) to the Class A-R Certificates.