Group I Senior Percentage. 23 Group I Senior Prepayment Percentage or Group II Senior Prepayment Percentage.................23
Group I Senior Percentage. If on any Distribution Date the allocation to the Class IA Certificates of Principal Prepayments in the percentage required would reduce the sum of the Class Principal Balances of the Class IA Certificates and the Subordinate Certificates below zero, the Group I Senior Prepayment Percentage for such Distribution Date shall be limited to the percentage necessary to reduce such sum to zero. Notwithstanding the foregoing, however, on each Distribution Date, the Class IA-P Certificates will receive the Group I Discount Fraction of all principal payments, including, without limitation, Principal Prepayments, received in respect of each Group I Discount Loan.
Group I Senior Percentage. If on any Distribution Date the allocation to the Group I Certificates of Principal Prepayments in the percentage required would reduce the sum of the Class Principal Balances of the Group I Certificates below zero, the Group I Senior Prepayment Percentage for such Distribution Date shall be limited to the percentage necessary to reduce such sum to zero.
Group I Senior Percentage. 39 Group I Senior Prepayment Percentage ......................... 39 Group I Senior Principal Distribution Amount ................. 40
Group I Senior Percentage. 22 TABLE OF CONTENTS (continued)
Group I Senior Percentage. 20 Group I Senior Prepayment Percentage, Group II Senior Prepayment Percentage, Group III Senior Prepayment Percentage, Group IV Senior Prepayment Percentage, Group V Senior Prepayment Percentage, Group VI Senior Prepayment Percentage or Group VII Senior Prepayment Percentage..............................................................................................20 Group I Senior Principal Distribution Amount....................................................................24 Group I Subordinate Balance.....................................................................................24 Group I Subordinate Percentage..................................................................................24 Group I Subordinate Prepayment Percentage.......................................................................24 Group II Certificates ..........................................................................................24
Group I Senior Percentage. The lesser of (a) 100% and (b) the percentage (carried to six places rounded up) obtained by dividing the Current Principal Amount of the Group I Senior Certificates (other than any Class I-PO Certificates), immediately prior to such Distribution Date, by the aggregate Scheduled Principal Balance of the Group I Mortgage Loans (other than the related PO Percentage thereof with respect to the related Discount Mortgage Loans) as of the beginning of the related Due Period. The initial Group I Senior Percentage for the Senior Certificates will be approximately 94.818860%.
Group I Senior Percentage. 33 Group I Senior Prepayment Percentage............................................................................33 Group I Senior Principal Distribution Amount....................................................................35 Group I-A Certificates..........................................................................................35 Group I-L Regular Interests.....................................................................................35 Group II Certificates...........................................................................................35 Group II Credit Support Depletion Date..........................................................................35 TABLE OF CONTENTS (CONTINUED) PAGE Group II Loans..................................................................................................35 Group II Premium Rate Mortgage Loans............................................................................35 Group II Senior Certificates....................................................................................35 Group II Senior Liquidation Amount..............................................................................35 Group II Senior Percentage......................................................................................36 Group II Senior Prepayment Percentage...........................................................................36 Group II Senior Principal Distribution Amount...................................................................38 Group II-A Certificates.........................................................................................38 Group II-A-L Regular Interests..................................................................................38 Group II-L Regular Interests....................................................................................38 Group II-L Senior Regular Interests.............................................................................38 Group III Certificates..........................................................................................38 Group III Credit Support Depletion Date.........................................................................38 Group III Loans.................................................................................................38 Group III Premium Rate Mortgage Loans...........................................................................38 Group III Senior Certificates.....................
Group I Senior Percentage. 19 GROUP I SENIOR PREPAYMENT PERCENTAGE, GROUP II SENIOR PREPAYMENT PERCENTAGE OR GROUP III SENIOR PREPAYMENT PERCENTAGE....................................................19 GROUP I SENIOR PRINCIPAL DISTRIBUTION AMOUNT................................21
Group I Senior Percentage. If on any Distribution Date the allocation to the Group I Senior Certificates (other than the Principal Only Component) and the Group I Subordinate Certificates of Principal Prepayments in the percentage required would reduce the sum of the Class Principal Balances of the Group I Senior Certificates (other than the Principal Only Component) and the Group I Subordinate Certificates below zero, the Group I Senior Prepayment Percentage for such Distribution Date shall be limited to the percentage necessary to reduce such sum to zero. Notwithstanding the foregoing, however, on each Distribution Date, the Principal Only Component will receive the Group I Discount Fraction of all principal payments, including, without limitation, Principal Prepayments, received in respect of each Group I Discount Loan.
