Group II Certificates. The Class II-A-1, Class II-A-2, Class II-A-3, Class II-A-4 and Class II-A-5 Certificates.
Group II Certificates. Any Charge-Off Amounts on the Group II HELOCs will be applied on any Distribution Date as follows: first, to related Net Monthly Excess Cashflow through payment of the related Overcollateralization Increase Amount, second, in reduction of the Overcollateralization Amount until reduced to zero. If on any Distribution Date, as a result of the Charge-Off Amounts, the sum of the aggregate Certificate Principal Balances of the Group II Offered Certificates and the Certificate Principal Balance of the Class II-S Certificates exceeds the aggregate principal balance of the Group II HELOCs as of the last day of the related Collection Period, such excess will be allocated pro rata to (i) the Group II Offered Certificates, in the following order: first, to the Class II-B-2 Certificates, second, to the Class II-B-1 Certificates, third, to the Class II-M-9 Certificates, fourth, to the Class II-M-8 Certificates, fifth, to the Class II-M-7 Certificates, sixth, to the Class II-M-6 Certificates, seventh, to the Class II-M-5 Certificates, eighth, to the Class II-M-4 Certificates, ninth, to the Class II-M-3 Certificates, tenth, to the Class II-M-2 Certificates, eleventh, to the Class II-M-1 Certificates, and twelfth, to the Class II-A Certificates; and (ii) the Class II-S Certificates. The Class II-S Floating Allocation Percentage of Charge-Off Amounts on the Group II HELOCs will be applied on any Distribution Date to the Class II-S Certificates Once Charge-Off Amounts have been allocated to a Class of Group II Offered Certificates, such amounts with respect to such Certificates will no longer accrue interest nor will such amounts in respect of interest be reinstated thereafter. In the event that the related Servicer receives any Subsequent Recoveries, such Subsequent Recoveries will be remitted to the Master Servicer and then distributed by the Securities Administrator in accordance with the priorities set forth in clause xiii of Section 6.04(b)(2) and the Certificate Principal Balance of each Class of Group II Offered Certificates that has been reduced by the allocation of a Charge-Off Amount to such Group II Offered Certificate will be increased, in order of seniority, by the amount of such Subsequent Recoveries. Holders of such Group II Offered will not be entitled to any payment in respect of Current Interest on the amount of such increases for any Accrual Period preceding the Distribution Date on which such increase occurs. Any Subsequent Recoveries that are received d...
Group II Certificates. 24 Group II Credit Support Depletion Date......................................................25
Group II Certificates. 12 Group I Class A Available Funds Cap Carry-Forward Amount.................................. 12 Group I Class A Available Funds Pass-Through Rate......................................... 12 Group II Class A-6 Available Funds Pass-Through Rate...................................... 13 Group I Class A Carry-Forward Amount...................................................... 13 Group II Class A Carry-Forward Amount..................................................... 13
Group II Certificates. 9 Available Funds Cap Carry-Forward Amount........................... 9 Group I Class A Available Funds Pass-Through Rate.................. 10 Group II Class A Available Funds Pass-Through Rate................. 10 Group I Class A Carry-Forward Amount............................... 10 Group II Class A Carry-Forward Amount.............................. 10 Group I Class A Formula Pass-Through Rate.......................... 10 Group I Class A Interest Distribution Amount....................... 11 Group II Class A Interest Distribution Amount...................... 11 Group I Class A Pass-Through Rate.................................. 11 Group II Class A Pass-Through Rate................................. 11 Group I Class A Principal Distribution Amount...................... 11
Group II Certificates. 24 Group II Cumulative Net Realized Losses............ 24 Group II Excess Subordinated Amount................ 24
Group II Certificates. 25 Group II Class A Principal Distribution Amount........................................... 25
Group II Certificates. 28 Group II Class A Principal Adjustment Amount...................................................28 Group II Cross-Collateralization Date..........................................................28 Group II Diverted Interest Amount..............................................................28 Group II Fraud Loss Amount.....................................................................28
Group II Certificates. 11 Group I Class A Available Funds Cap Carry-Forward Amount ........ 11
Group II Certificates. 20 Group I Cut-off Date Balance.................................................20 Group II Cut-off Date Balance................................................20
