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 of priority, in each case to the extent of remaining Excess Cashflow: (i) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, in an amount equal to any Interest Carry Forward Amount for each such Class; (ii) to the classes of Offered Certificates then entitled to receive distributions in respect of principal, in an amount equal to the Extra Principal Distribution Amount for that Distribution Date, distributable to those Classes as part of the Principal Distribution Amount pursuant to Section 4.02(b) of this Agreement; (iii) sequentially, to the to the Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Xxxxx X-0 xxx Class M-6 Certificates, in that order 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 of Senior Certificates, pro rata, based on their entitlements the Net Rate Carryover for each such Class, any unpaid Net Rate Carryover for each such Class; (v) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, the Net Rate Carryover for each such Class; (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. (i) On each Distribution Date on or prior to the Cap Contract Termination Date, following the deposits to the Cap Contract Reserve Fund pursuant to Section 3.06(g) and the distributions described under Section 4.02(a), (b) and (c), the Trustee shall distribute amounts on deposit in the Cap Contract Reserve Fund in the following amounts and order of priority: (A) sequentially, to the Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Xxxxx X-0 xxx Class M-6 Certificates, in that order, in each case in an amount equal to the remaining Unpaid Realized Loss Amount for each such Class; (B) concurrently, to each Class of Senior Certificates, pro rata based on their entitlements to any remaining Net Rate Carryover, the remaining Net Rate Carryover for each such Class; (C) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, any remaining unpaid Net Rate Carryover for each such Class; (D) to the Class or Classes of Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the amount of any remaining Overcollateralization Deficiency Amount; and (E) to the Class C Certificates. Notwithstanding the foregoing, the cumulative amount paid with respect to clauses (A) and (D) above shall not, on any Distribution Date, exceed the cumulative amount of Realized Losses incurred on the Mortgage Loans as of that Distribution Date.

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 of priority, in each case to the extent of remaining Excess Cashflow: (i) concurrently, to each class of interest bearing Senior Certificates, any Current Interest and Interest Carry Forward Amount remaining unpaid, pro rata based on the Current Interest and Interest Carry Forward Amount for each such Class and that Distribution Date; (ii) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 M-6 Xxxxxxxxxxxx, in that order, in an amount equal to any Current Interest and Interest Carry Forward Amount remaining unpaid for each such Class; (iiiii) to the classes Classes of Offered Certificates then entitled to receive distributions in respect of principal, in an amount equal to the Extra Principal Distribution Amount for that Distribution Date, distributable to those Classes as part of the Principal Distribution Amount pursuant to Section 4.02(b) of this the Agreement; (iiiiv) sequentially, to the to the Class A-2A-1, Class A-3, A-2 and Class M-1, Class M-2, Class M-3, Class M-4, Xxxxx X-0 xxx Class M-6 A-3 Certificates, in that order in an amount equal to order, 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 of Senior Certificates, pro rata, based on their entitlements the Net Rate Carryover for each such Class, any unpaid Net Rate Carryover for each such Classclass; (v) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, the Net Rate Carryover for each such Class; (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. (i) On each Distribution Date on or prior to the Cap Contract Termination Date, following the deposits to the Cap Contract Reserve Fund pursuant to Section 3.06(g) and the distributions described under Section 4.02(a), (b) and (c), the Trustee shall distribute amounts on deposit in the Cap Contract Reserve Fund in the following amounts and order of priority: (A) sequentially, to the Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Xxxxx X-0 xxx Class M-6 Certificates, in that order, in each case in an amount equal to the remaining Unpaid Realized Loss Amount for each such Class; (B) concurrently, to each Class of Senior Certificates, pro rata based on their entitlements to any remaining Net Rate Carryover, the remaining Net Rate Carryover for each such Class; (C) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 M-6 Xxxxxxxxxxxx, in that order, the Unpaid Realized Loss Amount for each such class; (vi) concurrently, to each Class of Senior Certificates (other than the Class A-R Certificates), pro rata, any Net Rate Carryover for each such Class based on their respective entitlements; (vii) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-6 Xxxxxxxxxxxx, in that order, any remaining unpaid Net Rate Carryover for each such Class; (Dviii) to the Class or Classes of Certificates then entitled Supplemental Interest Trust any Swap Termination Payments due to receive distributions in respect of principal, in an aggregate amount equal to the amount of any remaining Overcollateralization Deficiency Amount; anda Swap Counterparty Trigger Event; (Eix) to the Class C Certificates. Notwithstanding ; and (x) to the foregoing, the cumulative amount paid with respect to clauses (Class A) and (D) above shall not, on any Distribution Date, exceed the cumulative amount of Realized Losses incurred on the Mortgage Loans as of that Distribution Date-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 of priority, in each case to the extent of remaining Excess Cashflow: (i) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, in an amount equal to any Interest Carry Forward Amount for each such Class; (ii) to the classes Classes of Offered Certificates then entitled to receive distributions in respect of principal, in an amount equal to the Extra Principal Distribution Amount for that Distribution Date, distributable to those Classes as part of the Principal Distribution Amount pursuant to Section 4.02(b) of this Agreement; (iiiii) sequentially, to the to the Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4X-0, Xxxxx X-0 xxx Xxxxs M-5, Class M-6 and Class M-7 Certificates, in that order, in an amount equal to any Interest Carry Forward Amount for each such Class; (iii) concurrently, to the Classes of Senior Certificates, pro rata based on their respective outstanding Unpaid Realized Loss Amounts, in an amount equal to the Unpaid Realized Loss Amount for each such Class; (iv) sequentially, to the Class M-1, Class M-2, Class M-3, Class X-0, Xxxxs M-5, Class M-6 and Class M-7 Certificates, in that order in an amount equal to the Unpaid Realized Loss Amount for each such Class; (ivv) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes of Senior Certificates, pro rata, based on their entitlements the respective Net Rate Carryover for each such ClassCarryover, any unpaid Net Rate Carryover for each such Class; (vvi) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4X-0, Xxxxs M-5, Class M-5 M-6 and Class M-0 XxxxxxxxxxxxM-7 Certificates, in that order, the any unpaid Net Rate Carryover for each such Class; (vivii) to the Swap Account, an amount equal to any Swap Termination Payment due to the Swap Counterparty under the Swap Contract as a result of a Swap Counterparty Trigger Event; (viii) to the Class C Certificateholders, an amount up to the Class C Distributable Amount for such Distribution Date; and (viiix) to the Class A-R Certificates. (i) On each Distribution Date on or prior to the Cap Contract Termination Date, following the deposits to the Cap Contract Reserve Fund pursuant to Section 3.06(g) and the distributions described under Section 4.02(a), (b) and (c), the Trustee shall distribute amounts on deposit in the Cap Contract Reserve Fund in the following amounts and order of priority: (A) sequentially, to the Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Xxxxx X-0 xxx Class M-6 Certificates, in that order, in each case in an amount equal to the remaining Unpaid Realized Loss Amount for each such Class; (B) concurrently, to each Class of Senior Certificates, pro rata based on their entitlements to any remaining Net Rate Carryover, the remaining Net Rate Carryover for each such Class; (C) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, any remaining unpaid Net Rate Carryover for each such Class; (D) to the Class or Classes of Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the amount of any remaining Overcollateralization Deficiency Amount; and (E) to the Class C Certificates. Notwithstanding the foregoing, the cumulative amount paid with respect to clauses (A) and (D) above shall not, on any Distribution Date, exceed the cumulative amount of Realized Losses incurred on the Mortgage Loans as of that Distribution Date.

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 of priority, in each case to the extent of remaining Excess Cashflow: (i) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, in an amount equal to any Interest Carry Forward Amount for each such Class; (ii) to the classes Classes of Offered LIBOR Certificates then entitled to receive distributions in respect of principal, in an amount equal to the Extra Principal Distribution Amount for that Distribution Date, distributable to those Classes as part of the Principal Distribution Amount pursuant to Section 4.02(b) of this Agreement; (ii) concurrently, to (x) the Class A-1 and Class A-2 Certificates and (y) the Class A-3 Certificates, pro rata, based on the aggregate Unpaid Realized Loss Amount for the Class A-1 and Class A-2 Certificates, and the Unpaid Realized Loss Amount for the Class A-3 Certificates, the Unpaid Realized Loss Amount for such class; with amounts allocated pursuant to clause (x) to be allocated sequentially to the Class A-1 and Class A-2 Certificates in that order; (iii) sequentially, to the to the Class A-2, Class A-3A-4, Class M-1, Class M-2, Class M-3, Class M-4, Xxxxx X-0 xxx Class M-5, Class M-6 and Class M-7 Certificates, in that order in an amount equal to order, 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 of Senior Certificates, pro rata, based on their entitlements entitlement, to the extent needed to pay the Net Rate Carryover for each such Class, any unpaid Net Rate Carryover for each such ClassClass after giving effect to amounts allocated to the Supplemental Interest Trust in respect of the Corridor Contract; (v) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and M-5, Class M-0 XxxxxxxxxxxxM-6 axx Xxxxx X-0 Xertificates, in that order, to the extent needed to pay any unpaid Net Rate Carryover for each such Class; (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. (i) On each Distribution Date on or prior to the Cap Contract Termination Date, following the deposits to the Cap Contract Reserve Fund pursuant to Section 3.06(g) and the distributions described under Section 4.02(a), (b) and (c), the Trustee shall distribute amounts on deposit in the Cap Contract Reserve Fund in the following amounts and order of priority: (A) sequentially, to the Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Xxxxx X-0 xxx Class M-6 Certificates, in that order, in each case in an amount equal to the remaining Unpaid Realized Loss Amount for each such Class; (B) concurrently, to each Class of Senior Certificates, pro rata based on their entitlements to any remaining Net Rate Carryover, the remaining Net Rate Carryover for each such Class; (C) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, any remaining unpaid Net Rate Carryover for each such Class; (D) to the Class or Classes of Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the amount of any remaining Overcollateralization Deficiency Amount; and (E) to the Class C Certificates. Notwithstanding the foregoing, the cumulative amount paid with respect to clauses (A) and (D) above shall not, on any Distribution Date, exceed the cumulative amount of Realized Losses incurred on the Mortgage Loans as of that Distribution Date.

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 of priority, in each case to the extent of remaining Excess Cashflow: (i) to the Classes of Offered Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the Extra Principal Distribution Amount payable to the related Classes of Certificates as part of the Principal Distribution Amount pursuant to Section 4.02(b) hereof; (ii) concurrently, to the Classes of Senior Certificates, pro rata based on the Unpaid Realized Loss Amounts for such Classes, in each case in an amount equal to the Unpaid Realized Loss Amount for such Class; provided, however, that (A) any amounts allocable to the Class A-3A, Class A-3B-1 and Class A-3B-2 Certificates will be allocated concurrently to the Class A-1A, Class A-1B, Class A-1C and Class A-2 Certificates, pro rata, based on their Unpaid Realized Amounts, up to the Unpaid Realized Loss Amount for each such Class, and (B) any amounts allocable to the Class A-5 Certificates will be allocated to the Class A-4 Certificates up to the Unpaid Realized Loss Amount for such Class; (iii) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 M-5, Class M-6, Clxxx X-0, Xxxxx M-8 and Class M-0 XxxxxxxxxxxxM-9 Certificates, in that order, in an amount equal to any the Interest Carry Forward Amount for each such ClassClass and Distribution Date; (ii) to the classes of Offered Certificates then entitled to receive distributions in respect of principal, in an amount equal to the Extra Principal Distribution Amount for that Distribution Date, distributable to those Classes as part of the Principal Distribution Amount pursuant to Section 4.02(b) of this Agreement; (iiiiv) sequentially, to the to the Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Xxxxx Class M-5, Class M-6, Clxxx X-0 xxx Class M-6 Xxass M-8 Certificates, in that order in order, an amount equal to the Unpaid Realized Loss Amount for each such Class; (ivv) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes of Senior LIBOR Certificates, pro rata, rata based on their entitlements respective Class Certificate Balances to the Net Rate Carryover for each such Class, extent needed to pay any unpaid Net Rate Carryover for each such Class; (v) to the Carryover Reserve Fund ; and then from the Carryover Reserve Fund, sequentially, any Excess Cashflow remaining after such allocation to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, the pay Net Rate Carryover for 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 Classunpaid Net Rate Carryover; (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. (i) On each Distribution Date on or prior to the Cap Contract Termination Date, following the deposits to the Cap Contract Reserve Fund pursuant to Section 3.06(g) and the distributions described under Section 4.02(a), (b) and (c), the Trustee shall distribute amounts on deposit in the Cap Contract Reserve Fund in the following amounts and order of priority: (A) sequentially, to the Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Xxxxx X-0 xxx Class M-6 Certificates, in that order, in each case in an amount equal to the remaining Unpaid Realized Loss Amount for each such Class; (B) concurrently, to each Class of Senior Certificates, pro rata based on their entitlements to any remaining Net Rate Carryover, the remaining Net Rate Carryover for each such Class; (C) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, any remaining unpaid Net Rate Carryover for each such Class; (D) to the Class or Classes of Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the amount of any remaining Overcollateralization Deficiency Amount; and (E) to the Class C Certificates. Notwithstanding the foregoing, the cumulative amount paid with respect to clauses (A) and (D) above shall not, on any Distribution Date, exceed the cumulative amount of Realized Losses incurred on the Mortgage Loans as of that Distribution Date.

Distributions of Excess Cashflow. With respect to any Distribution Date, any Excess Cashflow will be paid distributed to the Classes of Group II Certificates in the following order of priority, in each case to the extent of remaining Excess Cashflow: (i) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, in an amount equal to any Interest Carry Forward Amount for each such Class; (ii) to the classes Classes of Group II Offered Certificates then entitled to receive distributions in respect of principal, in an amount equal to the Extra Principal Distribution Amount for that Distribution Date, distributable to those Classes as part of the Principal Distribution Amount pursuant to Section 4.02(b4.03(b) of this Agreement; (ii) concurrently and pro rata, to (x) the Class 4-A-1-1 and Class 4-A-1-2 Certificates, based on the aggregate Unpaid Realized Loss Amount for the Class 4-A-1-1 and Class 4-A-1-2 Certificates; and (y) the Class 4-A-2-1 and Class 4-A-2-2 Certificates, based on the aggregate Unpaid Realized Loss Amount for the Class 4-A-2-1 and Class 4-A-2-2 Certificates. Amounts allocated pursuant to clause (x) will be allocated sequentially to the Class 4-A-1-1 and Class 4-A-1-2 Certificates, in that order, to pay the Unpaid Realized Loss Amount for each such Class, and amounts allocated pursuant to clause (y) will be allocated sequentially, to the Class 4-A-2-1 and Class 4-A-2-2 Certificates, in that order, to pay the Unpaid Realized Loss Amount for each such Class; (iii) sequentially, to the to the Class A-2, Class A-3, Class 4-M-1, Class 4-M-2, Class M-3, 4-M-3 and Class M-4, Xxxxx X-0 xxx Class M-6 4-M-4 Certificates, in that order in an amount equal to order, 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 of Group II Senior Certificates, pro rata, based on their entitlements entitlement, to the Net Rate Carryover for each such Class, extent needed to pay any unpaid Interest Carry Forward Amount and the Net Rate Carryover for each such Class; (v) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, sequentially, to the Class 4-M-1, Class 4-M-2, Class M-3, Class M-4, Class M-5 4-M-3 and Class M-0 Xxxxxxxxxxxx4-M-4 Certificates, in that order, to the extent needed to pay any Interest Carry Forward Amount and unpaid Net Rate Carryover for each such Class; (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. (i) On each Distribution Date on or prior to the Cap Contract Termination Date, following the deposits to the Cap Contract Reserve Fund pursuant to Section 3.06(g) and the distributions described under Section 4.02(a), (b) and (c), the Trustee shall distribute amounts on deposit in the Cap Contract Reserve Fund in the following amounts and order of priority: (A) sequentially, to the Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Xxxxx X-0 xxx Class M-6 Certificates, in that order, in each case in an amount equal to the remaining Unpaid Realized Loss Amount for each such Class; (B) concurrently, to each Class of Senior Certificates, pro rata based on their entitlements to any remaining Net Rate Carryover, the remaining Net Rate Carryover for each such Class; (C) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, any remaining unpaid Net Rate Carryover for each such Class; (D) to the Class or Classes of Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the amount of any remaining Overcollateralization Deficiency Amount; and (E) to the Class C Certificates. Notwithstanding the foregoing, the cumulative amount paid with respect to clauses (A) and (D) above shall not, on any Distribution Date, exceed the cumulative amount of Realized Losses incurred on the Mortgage Loans as of that Distribution Date.

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 of priorityorder, in each case to the extent of remaining Excess Cashflow: (i1) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, in an amount equal to any Interest Carry Forward Amount for each such Class; A-1-B Swap Account (ii) up to the classes Class A-1-B Swap Principal Amount) and to the Classes of Offered Certificates then entitled to receive distributions in respect of principal, in an amount equal to the Extra Principal Distribution Amount for that Distribution DateAmount, distributable to those Classes payable as part of the Principal Distribution Amount pursuant to Section 4.02(b) of this Agreementhereof; (iii2) to the Class A-1-A, Class A-1-B, Class A-2 and Class A-3 Certificates and to the Class A-1-B Swap Account in the following order: (a) concurrently, to the Class A-1-A and Class A-1-B Certificates and to the Class A-1-B Swap Account, pro rata based on the Unpaid Realized Loss Amount for each such Class and the Class A-1-B Swap Principal Amount, respectively, in an amount up to the Unpaid Realized Loss Amount for such Class and such Class A-1-B Swap Principal Amount, respectively; (b) to the Class A-2 Certificates, in an amount up to the Unpaid Realized Loss Amount for such Class; and (c) to the Class A-3 Certificates, in an amount up to the Unpaid Realized Loss Amount for such Class; (3) sequentially, to the to the Class A-2M-0, Class A-3, Class M-1, Class M-2Xxxxx X-0, Class M-3, Class M-4, Xxxxx X-0 xxx Class M-5, Class M-6 and Class M-7 Certificates, in that order order, in each 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 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 Senior LIBOR Certificates, pro rata, rata based on their entitlements respective Class Certificate Balances to the extent needed to pay any 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 for each Carryover, pro rata, based on the amount of such Class; (v) unpaid Net Rate Carryover; provided, however, that prior to the termination the Class A-1-B Swap Contract, any amount of Net Rate Carryover Reserve Fund and that would be distributed to the Class A-1-B Certificates in the absence of the Class A-1-B Swap Contract shall instead be distributed to the Class A-1-B Swap Account and, provided further, if a Class A-1-B Swap Termination Payment (other than a Class A-1-B Swap Termination Payment due to a Swap Counterparty Trigger Event of the related Swap Counterparty) is due to the Class A-1-B Swap Counterparty, then from any amount of Net Rate Carryover that would be distributed to the Carryover Reserve FundClass A-1-B Certificates in the absence of such Class A-1-B Swap Termination Payment will instead be distributed, sequentiallyup to the amount of such Class A-1-B Swap Termination Payment, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, the Net Rate Carryover for each such ClassA-1-B Swap Account; (vi5) concurrently, to the Certificate Swap Account and the Class A-1-B Swap Account, up to the amount of any unpaid Certificate Swap Termination Payment and unpaid Class A-1-B Swap Termination Payment due to the Certificate Swap Counterparty and the Class A-1-B Swap Counterparty, respectively, as a result of a Swap Counterparty Trigger Event of the related Swap Counterparty, pro rata, based upon the respective amounts of such unpaid payments; (6) 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. (i) On each Distribution Date on or prior to the Cap Contract Termination Date, following the deposits to the Cap Contract Reserve Fund pursuant to Section 3.06(g) and the distributions described under Section 4.02(a), (b) and (c), the Trustee shall distribute amounts on deposit in the Cap Contract Reserve Fund in the following amounts and order of priority: (A) sequentially, to the Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Xxxxx X-0 xxx Class M-6 Certificates, in that order, in each case in an amount equal to the remaining Unpaid Realized Loss Amount for each such Class; (B) concurrently, to each Class of Senior Certificates, pro rata based on their entitlements to any remaining Net Rate Carryover, the remaining Net Rate Carryover for each such Class; (C) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, any remaining unpaid Net Rate Carryover for each such Class; (D) to the Class or Classes of Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the amount of any remaining Overcollateralization Deficiency Amount; and (E) to the Class C Certificates. Notwithstanding the foregoing, the cumulative amount paid with respect to clauses (A) and (D) above shall not, on any Distribution Date, exceed the cumulative amount of Realized Losses incurred on the Mortgage Loans as of that Distribution Date.

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 of priority, in each case to the extent of remaining Excess Cashflow: (i) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, in an amount equal to any Interest Carry Forward Amount for each such Class; (ii) to the classes of Offered Certificates then entitled to receive distributions in respect of principal, in an amount equal to the Extra Principal Distribution Amount for that Distribution Date, distributable to those Classes as part of the Principal Distribution Amount pursuant to Section 4.02(b) of this Agreement; (iiiii) sequentially, to the to the Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4X-0, Xxxxx X-0 xxx Xxxxs M-5, Class M-6 M-6, Class M-7, Class M-8 and Class M-9, Certificates, in that order, in an amount equal to any Interest Carry Forward Amount for each such Class; (iii) concurrently, to the Class 1-A-5 and Class 2-A-3 Certificates, in that order, in an amount equal to the Unpaid Realized Loss Amount for each such Class; (iv) sequentially, to the Class M-1, Class M-2, Class M-3, Class X-0, Xxxxs M-5, Class M-6, Class M-7, Class M-8 and Class M-9 Certificates, in that order in an amount equal to the Unpaid Realized Loss Amount for each such Class; (ivv) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes of Senior Certificates, pro rata, based on their entitlements the Net Rate Carryover for each such Class, Class any unpaid Net Rate Carryover for each such Class; (vvi) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4X-0, Xxxxs M-5, Class M-5 M-6, Class M-7, Class M-8 and Class M-0 XxxxxxxxxxxxM-9 Certificates, in that order, the to pay any unpaid Net Rate Carryover for each such Class; (vivii) to the Class 2-A-1 Swap Account and the Certificate Swap Account, as applicable, an amount equal to any Swap Termination Payment due to the applicable Swap Counterparty under either of the Swap Contracts as a result of a Swap Counterparty Trigger Event; (viii) to the Class C Certificateholders, an amount up to the Class C Distributable Amount for such Distribution Date; and (viiix) to the Class A-R Certificates. (i) On each Distribution Date on or prior to the Cap Contract Termination Date, following the deposits to the Cap Contract Reserve Fund pursuant to Section 3.06(g) and the distributions described under Section 4.02(a), (b) and (c), the Trustee shall distribute amounts on deposit in the Cap Contract Reserve Fund in the following amounts and order of priority: (A) sequentially, to the Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Xxxxx X-0 xxx Class M-6 Certificates, in that order, in each case in an amount equal to the remaining Unpaid Realized Loss Amount for each such Class; (B) concurrently, to each Class of Senior Certificates, pro rata based on their entitlements to any remaining Net Rate Carryover, the remaining Net Rate Carryover for each such Class; (C) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, any remaining unpaid Net Rate Carryover for each such Class; (D) to the Class or Classes of Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the amount of any remaining Overcollateralization Deficiency Amount; and (E) to the Class C Certificates. Notwithstanding the foregoing, the cumulative amount paid with respect to clauses (A) and (D) above shall not, on any Distribution Date, exceed the cumulative amount of Realized Losses incurred on the Mortgage Loans as of that Distribution Date.

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 of priority, in each case to the extent of remaining Excess Cashflow: (i) sequentially, concurrently to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, in an amount equal to any Interest Carry Forward Amount for each such Class; (ii) to the classes Classes of Offered Certificates then entitled to receive distributions in respect of principal, in an amount equal to the Extra Principal Distribution Amount for that Distribution Date, distributable to those Classes as part of the Principal Distribution Amount pursuant to Section 4.02(b) of this the Agreement; (iiiii) sequentially, concurrently to the to the each Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Xxxxx X-0 xxx Class M-6 Certificates, in that order 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 of Senior Certificates, pro rata, based on their entitlements respective amounts of remaining Current Interest and Interest Carry Forward Amount, the Net Rate Carryover for each such Class, any unpaid Net Rate Carryover remaining Current Interest and Interest Carry Forward Amount for each such Class; (viii) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4X-0, Xxxxs M 5, Class M-5 M 6, Class M-7 and Class M-0 XxxxxxxxxxxxM-8 Certificates, in that order, to pay any remaining Current Interest for each such Class; (iv) sequentially, to the Class M-1, Class M-2, Class M-3, Class X-0, Xxxxs M 5, Class M 6, Class M-7 and Class M-8 Certificates, in that order, to pay any Interest Carry Forward Amount for each such Class; (v) concurrently, to each Class of Senior Certificates, pro rata, based on their respective amounts of Net Rate Carryover, any Net Rate Carryover for each such Class; (vi) sequentially, to the Class C CertificateholdersM-1, an amount up to the Class C Distributable Amount M-2, Class M-3, Class X-0, Xxxxs M 5, Class M 6, Class M-7 and Class M-8 Certificates, in that order, any Net Rate Carryover for each such Distribution Date; andClass; (vii) to the Supplemental Interest Trust any Swap Termination Payment due to a Swap Counterparty Trigger Event; (viii) to the Class A-C Certificates; and (ix) to the Class R Certificates. (i) On each Distribution Date on or prior to the Cap Swap Contract Termination Date, following the deposits to the Cap Contract Reserve Fund Swap Account pursuant to Section 3.06(g) and the distributions described under Section 4.02(a), (b) and (c), the Trustee shall distribute amounts on deposit in the Cap Contract Reserve Fund Swap Account in the following amounts and order of priority: (A) sequentially, to the Class A-2Swap Counterparty, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Xxxxx X-0 xxx Class M-6 Certificates, in that order, in each case in an amount equal any Net Swap Payments and Swap Termination Payments (other than any Swap Termination Payments due to the remaining Unpaid Realized Loss Amount for each such Classa Swap Counterparty Trigger Event); (B) concurrently, to each Class the Classes of Senior Certificates, any Current Interest and Interest Carry Forward Amount remaining unpaid, pro rata based on their entitlements to any remaining Net Rate Carryover, the remaining Net Rate Carryover for each such Classrespective entitlements; (C) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4Xxxxx X-0, Class M-5 M-5, Class M-6, Class M-7 and Class M-0 XxxxxxxxxxxxM-8 Certificates, in that order, in each case in an amount equal to any Current Interest remaining unpaid Net Rate Carryover for each such Class; (D) to the Class or Classes of Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the amount of any remaining Overcollateralization Deficiency Amount; and; (E) sequentially to , to the Class M-1, Class M-2, Class X-0, Xxxxx X-0, Class M-5, Class M-6, Class M-7 and Class M-8 Certificates, in that order, in each case in an amount equal to any remaining Interest Carry Forward Amount for each such Class; (F) concurrently, to the Classes of Senior Certificates, pro rata, based on their entitlements to any remaining Net Rate Carryover for each such Class; (G) sequentially, to the Class M-1, Class M-2, Class M-3, Xxxxx X-0, Class M-5, Class M-6, Class M-7 and Class M-8 Certificates, in that order, any remaining Net Rate Carryover for each such Class; (H) to the Swap Counterparty, any Swap Termination Payments owed due to a Swap Counterparty Trigger Event or because the Swap Counterparty is the sole affected party; (I) to the Holders of the Class C Certificates, any remaining amounts in the Swap Account. Notwithstanding the foregoing, the cumulative amount paid with respect to clauses (A) and clause (D) above shall not, on any Distribution Date, exceed the cumulative amount of Realized Losses incurred on the Mortgage Loans as of that Distribution Date.

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 of priority, in each case to the extent of remaining Excess Cashflow: (i) concurrently, to each class of interest bearing Senior Certificates, any Current Interest and Interest Carry Forward Amount remaining unpaid, pro rata based on the Current Interest and Interest Carry Forward Amount for each such Class and that Distribution Date; (ii) sequentially, to the Class M-1M 1, Class M-2M 2, Class M-3M 3, Class M-4M 4, Class M-5 M 5 and Class M-0 XxxxxxxxxxxxM 6 Certificates, in that order, in an amount equal to any Current Interest and Interest Carry Forward Amount remaining unpaid for each such Class; (iiiii) to the classes Classes of Offered Certificates then entitled to receive distributions in respect of principal, in an amount equal to the Extra Principal Distribution Amount for that Distribution Date, distributable to those Classes as part of the Principal Distribution Amount pursuant to Section 4.02(b) of this the Agreement; (iiiiv) sequentially, to the to the Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Xxxxx X-0 xxx Class M-6 Certificates, in that order in an amount equal up to the aggregate Unpaid Realized Loss Amount for each such Class; (iv) to the Carryover Reserve Fund Senior Certificates for that Distribution Date, concurrently and then from the Carryover Reserve Fund, concurrently, to the Classes of Senior Certificates, on pro ratarata basis, based on their entitlements the Net Rate Carryover for each such Class, any unpaid Net Rate Carryover for each such Class; (v) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, the Net Rate Carryover for each such Class; (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. (i) On each Distribution Date on or prior to the Cap Contract Termination Date, following the deposits to the Cap Contract Reserve Fund pursuant to Section 3.06(g) and the distributions described under Section 4.02(a), (b) and (c), the Trustee shall distribute amounts on deposit in the Cap Contract Reserve Fund in the following amounts and order of priority: (A) sequentially, to the Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Xxxxx X-0 xxx Class M-6 Certificates, in that order, in each case in an amount equal to the remaining aggregate Unpaid Realized Loss Amount for each such Class; (B) concurrently, to each Class of Senior Certificates, pro rata based on their entitlements to any remaining Net Rate Carryover, the remaining Net Rate Carryover for each such Class; (C) sequentially, to the Class M-1A-1-A, Class M-2, Class M-3, Class M-4, Class M-5 A-1-B and Class M-0 Xxxxxxxxxxxx, A-1-C Certificates in that order, any remaining unpaid Net Rate Carryover the case of clause (x) and on the respective Unpaid Realized Loss Amounts for each such Class; (D) to the Class or Classes A-2 and Class A-3 Certificates in the case of Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the amount of any remaining Overcollateralization Deficiency Amount; and (E) to the Class C Certificates. Notwithstanding the foregoing, the cumulative amount paid with respect to clauses (Ay) and (D) above shall notz), on any Distribution Date, exceed the cumulative amount of Realized Losses incurred on the Mortgage Loans as of that Distribution Date.respectively:

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 of priority, in each case to the extent of remaining Excess Cashflow: (i) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, in an amount equal to any Interest Carry Forward Amount for each such Class; (ii) to the classes Classes of Offered Certificates then entitled to receive distributions in respect of principal, in an amount equal to the Extra Principal Distribution Amount for that Distribution Date, distributable to those Classes as part of the Principal Distribution Amount pursuant to Section 4.02(b) of this Agreement; (iiiii) sequentially, to the Class M-1, Class M-2, Class M-3, Xxxxx X-0, Xlass M-5, Class M-6, Class M-7, Class M-8, Class and M-9 Certificates, in that order, in an amount equal to any Interest Carry Forward Amount for each such Class; (iii) concurrently, to the Class A-1, Class A-2, Class A-3A-3 xxx Xxxxx X-0 Certificates, pro rata, based on their respective Unpaid Realized Loss Amount, in an amount equal to the Unpaid Realized Loss Amounts for each such Class; (iv) sequentially, to the Class A-5, Class M-1, Class M-2, Class M-3, Class M-4, Xxxxx X-0 xxx Class M-6 M-5, Class M-6, Class M-7, Class M-8 and Class M-9 Certificates, in that order order, in an amount equal to the Unpaid Realized Loss Amount for each such Class; (ivv) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes of Senior Certificates, pro rata, based on their entitlements entitlement, to the Net Rate Carryover for each such Class, any unpaid extent needed to pay the Net Rate Carryover for each such Class; (vvi) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4Xxxxx X-0, Xlass M-5, Class M-5 M-6, Class M-7, Class M-8 and Class M-0 XxxxxxxxxxxxM-9 Certificates, in that order, to the extent needed to pay any unpaid Net Rate Carryover for each such Class; (vivii) to the Swap Trust an amount equal to any Swap Termination Payment due to the Swap Counterparty under the Swap Contract as a result of a Swap Counterparty Trigger Event; (viii) to the Class C Certificateholders, an amount up to the Class C Distributable Amount for such Distribution Date; and (viiix) to the Class A-R Certificates. (i) On each Distribution Date on or prior to the Cap Swap Contract Termination Date, following the deposits to the Cap Contract Reserve Fund Swap Account pursuant to 4.02(a)(i) and Section 3.06(g) 4.08 and the distributions described under Section 4.02(a), (b) and (c), the Swap Trustee shall distribute amounts on deposit in the Cap Contract Reserve Fund Swap Account in the following amounts and order of priority: (A) sequentiallyconcurrently, to the Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Xxxxx X-0 xxx Class M-6 Certificates, in that order, in each case in an amount equal to the remaining Unpaid Realized Loss Amount for each such Class; (B) concurrently, to each Class Classes of Senior Certificates, any remaining unpaid Current Interest and Interest Carry Forward Amount, pro rata based on their entitlements to any remaining Net Rate Carryover, the remaining Net Rate Carryover for each such Classrespective entitlements; (CB) sequentially, to the Class M-1, Class M-2, Class M-3Xxxxx X-0, Class Xxxss M-4, Class M-5 M-5, Class M-6, Class M-7, Class M-8 and Class M-0 XxxxxxxxxxxxM-9 Certificates, in that order, in an amount equal to any remaining unpaid Net Rate Carryover Interest Distribution Amount and Interest Carry Forward Amount for each such Class; (DC) to the Class or Classes of Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the amount of any remaining Overcollateralization Deficiency Amount; (D) concurrently, to the Class A-1, Class A-2, Class A-3 and Class A-4 Certificates, pro rata, based on their respective remaining Unpaid Realized Loss Amounts, in an amount equal to the remaining Unpaid Realized Loss Amounts for each such Class; (E) sequentially, to the Class A-5, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class M-9 Certificates, in that order, in an amount equal to the remaining Unpaid Realized Loss Amount for each such Class; (F) concurrently, to each Class of Senior Certificates, pro rata, based on their entitlement, to the extent need to pay any remaining Net Rate Carryover for each such Class; (G) sequentially, to the Class M-1, Class M-2, Xxxxx X-0, Xxxss M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class M-9 Certificates, in that order, any remaining Net Rate Carryover for each such class; and (EH) to the Class C Certificates. Notwithstanding the foregoingforegoing priority of distrib7ution, the cumulative amount paid with respect to clauses (AC), (D) and (DE) above shall not, on any Distribution Date, exceed the cumulative amount of Realized Losses incurred on the Mortgage Loans as of that Distribution Date. (e) To the extent that a Class of LIBOR Certificates receives interest in excess of the Net Rate Cap (calculated for this purpose without regard to Swap Termination Payments), such interest shall be deemed to have been paid to the Carryover Reserve Fund and then paid by the Carryover Reserve Fund to those Certificateholders. For purposes of the Code, amounts deemed deposited in the Carryover Reserve Fund shall be deemed to have first been distributed to the Class C Certificates. To the extent that a Class of LIBOR Certificates receives interest in excess of the Net Rate Cap (calculated for this purpose without regard to Swap Termination Payments) and such interest is paid pursuant to Section 4.02(d), such interest shall be deemed to have been paid to the Swap Account and then paid by the Swap Account to those Certificateholders. (f) On each Distribution Date, all amounts representing Hard Prepayment Charges and Soft Prepayment Charges received during the related Prepayment Period shall be paid to the Class P-1 and Class P-2 Certificates, respectively, (including amounts deposited in connection with the full or partial waiver of such Prepayment Charge Amount pursuant to Section 3.21). On the Distribution Date immediately following the expiration of the latest Prepayment Charge Period of the Mortgage Loans, the $100 held in trust for each of the Class P-1 and Class P-2 Certificates will be distributed to the holders of the Class P 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 of priority, in each case to the extent of remaining Excess Cashflow: (i) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, in an amount equal to any Interest Carry Forward Amount for each such Class; (ii) to the classes Classes of Offered Certificates then entitled to receive distributions in respect of principal, in an amount equal to the Extra Principal Distribution Amount for that Distribution Date, distributable to those Classes as part of the Principal Distribution Amount pursuant to Section 4.02(b) of this Agreement; (iiiii) sequentially, to the to the Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Xxxxx X-0 xxx X-0, Xxxss M-8 and Class M-6 M-9 Certificates, in that order, in an amount equal to any Interest Carry Forward Amount for each such Class; (iii) concurrently, to the Classes of Senior Certificates, pro rata based on their respective outstanding Unpaid Realized Loss Amounts, in an amount equal to the Unpaid Realized Loss Amount for each such Class; (iv) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Xxxxx X-0, Xxxss M-8 and Class M-9 Certificates, in that order in an amount equal to the Unpaid Realized Loss Amount for each such Class; (ivv) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes of Senior Certificates, pro rata, based on their entitlements the respective Net Rate Carryover for each such ClassCarryover, any unpaid Net Rate Carryover for each such Class; (vvi) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 M-5, Class M-6, Class M-7, Class M-8 and Class M-0 XxxxxxxxxxxxM-9 Certificates, in that order, the any unpaid Net Rate Carryover for each such Class; (vivii) to the Supplemental Interest Reserve Fund, an amount equal to any Swap Termination Payment due to the Swap Counterparty under the Swap Contract as a result of a Swap Counterparty Trigger Event; (viii) to the Class C Certificateholders, an amount up to the Class C Distributable Amount for such Distribution Date; and (viiix) to the Class A-R Certificates. (i) On each Distribution Date on or prior to the Cap Contract Termination Date, following the deposits to the Cap Contract Reserve Fund pursuant to Section 3.06(g) and the distributions described under Section 4.02(a), (b) and (c), the Trustee shall distribute amounts on deposit in the Cap Contract Reserve Fund in the following amounts and order of priority: (A) sequentially, to the Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Xxxxx X-0 xxx Class M-6 Certificates, in that order, in each case in an amount equal to the remaining Unpaid Realized Loss Amount for each such Class; (B) concurrently, to each Class of Senior Certificates, pro rata based on their entitlements to any remaining Net Rate Carryover, the remaining Net Rate Carryover for each such Class; (C) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, any remaining unpaid Net Rate Carryover for each such Class; (D) to the Class or Classes of Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the amount of any remaining Overcollateralization Deficiency Amount; and (E) to the Class C Certificates. Notwithstanding the foregoing, the cumulative amount paid with respect to clauses (A) and (D) above shall not, on any Distribution Date, exceed the cumulative amount of Realized Losses incurred on the Mortgage Loans as of that Distribution Date.

Distributions of Excess Cashflow. With respect to any Distribution Date, any the sum of (i) Excess Cashflow and (ii) the OC Release Amount, each for that Distribution Date, will be paid to the Classes of Certificates in the following order of priority, in each case to the extent of remaining Excess Cashflowthe amount remaining: (i) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, in an amount equal to any Interest Carry Forward Amount for each such Class; (ii) to the classes Classes of Offered Certificates then entitled to receive distributions in respect of principal, in an amount equal to the Extra Principal Distribution Amount for that Distribution DateAmount, distributable payable to those such Classes of Certificates as part of the Principal Distribution Amount pursuant to Section 4.02(b) hereof; (ii) concurrently, to the Class A, Class M-1, Class M-2 and Class M-3 Certificates, pro rata, in an amount equal to any Interest Carry Forward Amount for each such Class not otherwise distributed to such Classes of this AgreementCertificates pursuant to Section 4.02(a) hereof; (iii) sequentially, to the to the Class A-2, Class A-3A, Class M-1, Class M-2, M-2 and Class M-3, Class M-4, Xxxxx X-0 xxx Class M-6 M-3 Certificates, in that order order, 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, concurrentlysequentially, to the Classes of Senior Class A, Class M-1, Class M-2 and Class M-3 Certificates, pro ratain that order, based on their entitlements (in each case after application of amounts received under the Corridor Contract Novation Agreement to cover Net Rate Carryover for each such Classand distributed pursuant to Section 4.02(d) hereof), to the extent needed to pay any unpaid Net Rate Carryover for each such Class; (v) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, the Net Rate Carryover for each such Class; (vi) to the Class C Certificateholders, an amount up to sum of (x) the Class C Distributable Amount for such Distribution DateDate and (y) the OC Release Amount remaining after application thereof to the distributions in clauses 4.02(c)(i) through 4.02(c)(iv) above; and (viivi) to the Class A-R Certificates. (i. For the avoidance of doubt, Section 4.02(c)(v) On each is intended to cause the Class C Certificates to receive from amounts remaining after the application of all other clauses of Section 4.02(c) preceding it, an amount up to the sum of the Class C Distributable Amount for that Distribution Date on or and any Class C Distributable Amounts remaining unpaid from prior to the Cap Contract Termination Date, following the deposits to the Cap Contract Reserve Fund pursuant to Section 3.06(g) Distribution Dates and the distributions described under Section 4.02(a), (b) and (c), the Trustee shall distribute amounts on deposit in the Cap Contract Reserve Fund in the following amounts and order of priority: (Aconstrue Section 4.02(c)(v) sequentially, as necessary so as to the Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4, Xxxxx X-0 xxx Class M-6 Certificates, in that order, in each case in an amount equal to the remaining Unpaid Realized Loss Amount for each accomplish such Class; (B) concurrently, to each Class of Senior Certificates, pro rata based on their entitlements to any remaining Net Rate Carryover, the remaining Net Rate Carryover for each such Class; (C) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, any remaining unpaid Net Rate Carryover for each such Class; (D) to the Class or Classes of Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the amount of any remaining Overcollateralization Deficiency Amount; and (E) to the Class C Certificates. Notwithstanding the foregoing, the cumulative amount paid with respect to clauses (A) and (D) above shall not, on any Distribution Date, exceed the cumulative amount of Realized Losses incurred on the Mortgage Loans as of that Distribution Dateresult.

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 of priority, in each case to the extent of remaining Excess Cashflow: (i) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, in an amount equal to any Interest Carry Forward Amount for each such Class; (ii) to the classes of Offered Certificates then entitled to receive distributions in respect of principal, in an amount equal to the Extra Principal Distribution Amount for that Distribution Date, distributable to those Classes as part of the Principal Distribution Amount pursuant to Section 4.02(b) of this Agreement; (iiiii) sequentially, to the to the Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4X-0, Xxxxx X-0 xxx Xxxxs M-5, Class M-6 M-6, Class M-7, Class M-8, Class M-9, Class M-10 and Class M-11 Certificates, in each case in an amount equal to any Interest Carry Forward Amount for each such Class; (iii) to the Senior Certificates, in the following priority: (A) concurrently, to the Class A-1 and Class A-2 Certificates, pro rata based on their respective Unpaid Realized Loss Amounts, in an amount equal to the Unpaid Realized Loss Amount for each such Class; and (B) to the Class A-3 Certificates in an amount equal to the Unpaid Realized Loss Amount for that order Class; (iv) sequentially, to the Class M-1, Class M-2, Class M-3, Class X-0, Xxxxs M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10 and Class M-11 Certificates, in each case in an amount equal to the Unpaid Realized Loss Amount for each such Class; (ivv) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes of Senior Class A-1, Class A-2 and Class A-3 Certificates, pro rata, based on their entitlements to the Net Rate Carryover for each such Class, extent needed to pay any unpaid Net Rate Carryover for each such Class; (vvi) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4X-0, Xxxxs M-5, Class M-5 M-6, Class M-7, Class M-8, Class M-9, Class M-10 and Class M-0 XxxxxxxxxxxxM-11 Certificates, in that order, to the extent needed to pay any unpaid Net Rate Carryover for each such Class; (vivii) to the Class A-1 Swap Account and the Certificate Swap Account, as applicable, an amount equal to any Swap Termination Payment due to the Swap Counterparty under either of the Swap Contracts as a result of a Swap Counterparty Trigger Event; (viii) to the Class C Certificateholders, an amount up to the Class C Distributable Amount for such Distribution Date; and (viiix) to the Class A-R Certificates. (i) On each Distribution Date on or prior to the Cap Certificate Swap Contract Termination Date, following the deposits to the Cap Contract Reserve Fund Certificate Swap Account pursuant to 4.02(a)(i) and Section 3.06(g) 4.08 and the distributions described under Section 4.02(a), (b) and (c), the Swap Trustee shall distribute amounts on deposit in the Cap Contract Reserve Fund Certificate Swap Account in the following amounts and order of priority: (A) concurrently, to the holders of the Class A-1, Class A-2 and Class A-3 Certificates, any remaining unpaid Current Interest and Interest Carry Forward Amount, pro rata based on their respective entitlements; (B) sequentially, to the Class A-2, Class A-3, holders of the Class M-1, Class M-2, Class M-3X-0, Xxxxx X-0, Xxxxx X-0, Class M-4M-6, Xxxxx X-0 xxx Class M-6 M-7, Class M-8, Class M-9, Class M-10 and Class M-11 Certificates, in that order, in each case in an amount equal to the any remaining Unpaid Realized Loss unpaid Current Interest and Interest Carry Forward Amount for each such Class; (B) concurrently, to each Class of Senior Certificates, pro rata based on their entitlements to any remaining Net Rate Carryover, the remaining Net Rate Carryover for each such Class; (C) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, any remaining unpaid Net Rate Carryover for each such Class; (D) to Holders of the Class or Classes of Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the lesser of (x) the amount of any remaining Overcollateralization Deficiency AmountAmount and (y) the aggregate amount of Realized Losses allocated to the Certificates; (D) to the Senior Certificates, in the following priority: (1) concurrently, to the Class A-1 and Class A-2 Certificates, pro rata based on their respective Unpaid Realized Loss Amounts, in an amount equal to the Unpaid Realized Loss Amount for each such Class; and (E2) to the Class C A-3 Certificates in an amount equal to the Unpaid Realized Loss Amount for that Class; (E) sequentially, to the Holders of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10 and Class M-11 Certificates. Notwithstanding , in that order, in each case in an amount equal to the foregoingremaining Unpaid Realized Loss Amount for such Class; (F) concurrently, to the Holders of the Class A-1, Class A-2 and Class A-3 Certificates, to the extent needed to pay any remaining Net Rate Carryover for each such Class, pro rata, based on the amount of such remaining Net Rate Carryover; and (G) sequentially, to the holders of the Class M-1, Class M-2, Class X-0, Xxxxx X-0, Xxxxx X-0, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10 and Class M-11 Certificates, in that order, to the extent needed to pay any remaining Net Rate Carryover for each such Class. (ii) on each Distribution Date on or prior to the Class A-1 Swap Contract Termination Date, following the deposits to the Class A-1 Swap Account pursuant to 4.02(a)(i) and Section 4.08 and the distributions described under Section 4.02(c) and 4.02(d)(i), the cumulative amount paid with respect Swap Trustee shall distribute amounts on deposit in the Class A-1 Swap Account to clauses (A) and (D) above shall not, on the Holders of the Class A-1 Certificates any Distribution Date, exceed the cumulative amount of Realized Losses incurred on the Mortgage Loans as of that Distribution Date.remaining Current Interest..

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 of priority, in each case to the extent of remaining Excess Cashflow: (i) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-0 Xxxxxxxxxxxx, in that order, in an amount equal to any Interest Carry Forward Amount for each such Class; (ii) to the classes of Offered Certificates then entitled to receive distributions in respect of principal, in an amount equal to the Extra Principal Distribution Amount for that Distribution Date, distributable to those Classes as part of the Principal Distribution Amount pursuant to Section 4.02(b) of this Agreement; (iiiii) sequentially, to the to the Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Class M-4X-0, Xxxxx X-0 xxx Xxxxs M-5, Class M-6 M-6, Class M-7, Class M-8, Class M-9, Class M-10 and Class M-11 Certificates, in that order, in an amount equal to any Interest Carry Forward Amount for each such Class; (iii) sequentially, to the Class A-1 and Class A-2 Certificates, in that order, in an amount equal to the Unpaid Realized Loss Amount for each such Class; (iv) sequentially, to the Class M-1, Class M-2, Class M-3, Class X-0, Xxxxs M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10 and Class M-11 Certificates, in that order in an amount equal to the Unpaid Realized Loss Amount for each such Class; (ivv) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, concurrently, to the Classes of Senior Class A-1 and Class A-2 Certificates, pro rata, based on their entitlements the Net Rate Carryover for each such Class, any unpaid Net Rate Carryover for each such Class; (vvi) to the Carryover Reserve Fund and then from the Carryover Reserve Fund, sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4X-0, Xxxxs M-5, Class M-5 M-6, Class M-7, Class M-8, Class M-9, Class M-10 and Class M-0 XxxxxxxxxxxxM-11 Certificates, in that order, the to pay any Net Rate Carryover for each such Class; (vivii) to the Class A-1 Swap Account and the Certificate Swap Account, as applicable, an amount equal to any Swap Termination Payment due to the Swap Counterparty under either of the Swap Contracts as a result of a Swap Counterparty Trigger Event; (viii) to the Class C Certificateholders, an amount up to the Class C Distributable Amount for such Distribution Date; and (viiix) to the Class A-R Certificates. (i) On each Distribution Date on or prior to the Cap Certificate Swap Contract Termination Date, following the deposits to the Cap Contract Reserve Fund Certificate Swap Account pursuant to 4.02(a)(i) and Section 3.06(g) 4.08 and the distributions described under Section 4.02(a), (b) and (c), the Swap Trustee shall distribute amounts on deposit in the Cap Contract Reserve Fund Certificate Swap Account in the following amounts and order of priority: (A) concurrently, to the Class A-1 and Class A-2 Certificates, any remaining unpaid Current Interest and Interest Carry Forward Amount, pro rata based on their respective entitlements; (B) sequentially, to the Class A-2, Class A-3, Class M-1, Class M-2, Class M-3, Xxxxx X-0, Class M-4M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10 and Class M-11 Certificates, in that order, in an amount equal to any remaining unpaid Current Interest and Interest Carry Forward Amount for each such Class; (C) to the Class or Classes of Certificates then entitled to receive distributions in respect of principal, in an aggregate amount equal to the lesser of (x) the amount of any Overcollateralization Deficiency Amount and (y) the aggregate amount of Realized Losses allocated to the Certificates; (D) sequentially, to the Class A-1 and Class A-2 Certificates, in that order, in an amount equal to the Unpaid Realized Loss Amount for each such Class; (E) sequentially, to the Class M-1, Class M-2, Class M-3, Xxxxx X-0 xxx X-0, Class M-6 M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10 and Class M-11 Certificates, in that order, in each case in an amount equal to the remaining Unpaid Realized Loss Amount for each such Class; (BF) concurrently, to each the Class of Senior A-1 and Class A-2 Certificates, pro rata based on their entitlements to the extent needed to pay any remaining Net Rate Carryover, the remaining Net Rate Carryover for each such Class;, pro rata, based on the amount of such remaining Net Rate Carryover; and (CG) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4Xxxxx X-0, Class M-5 M-5, Class M-6, Class M-7, Class M-8, Class M-9, Class M-10 and Class M-0 XxxxxxxxxxxxM-11 Certificates, in that order, to the extent needed to pay any remaining unpaid Net Rate Carryover for each such Class;. (Dii) on each Distribution Date on or prior to the Class or Classes of Certificates then entitled to receive distributions in respect of principalA-1 Swap Contract Termination Date, in an aggregate amount equal to following the amount of any remaining Overcollateralization Deficiency Amount; and (E) deposits to the Class C Certificates. Notwithstanding A-1 Swap Account pursuant to 4.02(a)(i) and Section 4.08 and the foregoingdistributions described under Section 4.02(c) and 4.02(d)(i), the cumulative amount paid with respect Swap Trustee shall distribute amounts on deposit in the Class A-1 Swap Account to clauses (A) and (D) above shall not, on the Holders of the Class A-1 Certificates any Distribution Date, exceed the cumulative amount of Realized Losses incurred on the Mortgage Loans as of that Distribution Dateremaining Current Interest.