Distributions of principal on the Class A Certificates. (other than the Class A-5 and Class A-7 Certificates) on each Distribution Date occurring prior to the occurrence of the Credit Support Depletion Date will be made as follows: (i) first, to the Class A-1 Certificates and Class A-6 Certificates, with the amount to be distributed allocated as between such classes on a pro rata basis, until the Certificate Principal Balance of each such Class has been reduced to zero; (ii) second, to the Class A-2 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; (iii) third, to the Class A-3 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; and (iv) fourth, to the Class A-4 Certificates, until the Certificate Principal Balance thereof has been reduced to zero.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (Option One Mortgage Acceptance Corp), Pooling and Servicing Agreement (Opteum Mortgage Acceptance CORP), Pooling and Servicing Agreement (Namco Securities Corp)
