Common use of Group I Senior Percentage Clause in Contracts

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 (other than the Class IA Certificates IA-P Certificates) of Principal Prepayments in the percentage required would reduce the sum of the Class Principal Balances of the Group I Certificates (other than the Class IA Certificates and the Subordinate Certificates IA-P 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 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 IAA-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 (other than Component IA-12-6 of the Class IA Certificates IA-12 Certificates) of Principal Prepayments in the percentage required would reduce the sum of the Class Principal Balances of the Group I Certificates (other than Component IA-12-6 of the Class IA Certificates and the IA-12 Certificates) 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 IA-12 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 (other than the Class IA Certificates IA-P Certificates) of Principal Prepayments in the percentage required would reduce the sum of the Class Principal Balances of the Group I Certificates (other than the Class IA Certificates and the IA-P Certificates) 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 Certificate 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 Class IA Certificates and the Class R Certificate of Principal Prepayments in the percentage required would reduce the sum of the Class Principal Balances of the Class IA Certificates Certificates, the Class R Certificate 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 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, Component A-P-1 of the Class IAA-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 (other than the Class IA Certificates IA-P Certificates) of Principal Prepayments in the percentage required would reduce the sum of the Class Principal Balances of the Group I Certificates (other than the Class IA Certificates and the IA-P Certificates) 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.