Common use of NAS classes Clause in Contracts

NAS classes. Classes IA-4 and IA-12 are non-accelerated senior, or NAS classes. For the first 60 distribution days, the principal allocation for a NAS class will be zero. For distribution day 61 and after, the principal allocation for a NAS class will equal the following percentage of its proportionate share, based on the principal balances of the classes IA-1 and IA-3 through IA-14, of scheduled and unscheduled principal payments on the target-rate strip allocated to classes IA-1 and IA-3 through IA-14 for that distribution day:

NAS classes. Classes IA-4 IX-0, XX-0 and IA-12 IA-8 are non-accelerated senior, or NAS classes. For the first 60 distribution days, the principal allocation for a NAS class will be zero. For distribution day 61 and after, the principal allocation for a each NAS class will equal the following percentage shown below of its proportionate share, based on the principal balances of the classes IA-1 and IA-3 through IA-14its group’s target-rate classes, of scheduled and unscheduled principal payments on the related pool’s target-rate strip allocated to the group’s target-rate classes IA-1 and IA-3 through IA-14 for that distribution day:.

NAS classes. Classes IA-4 IX-0, XX-00 and IA-12 IA-15 are non-accelerated senior, or NAS classes. For the first 60 distribution days, the principal allocation for a NAS class will be zero. For distribution day 61 and after, the principal allocation for a each NAS class will equal the following percentage shown below of its proportionate share, based on the principal balances of the classes IA-1 and IA-3 through IA-14its group’s target-rate classes, of scheduled and unscheduled principal payments on the related pool’s target-rate strip allocated to the group’s target-rate classes IA-1 and IA-3 through IA-14 for that distribution day:.

NAS classes. Classes IA-4 IA-5 and IA-12 IA-6 are non-accelerated senior, or NAS NAS, classes. For the first 60 distribution days, the principal allocation for a NAS class will be zero. For distribution day 61 and after, the principal allocation for a NAS class will equal the following percentage of its proportionate share, based on the principal balances of the classes IA-1 and IA-3 through IA-14its group’s target-rate classes, of scheduled and unscheduled principal payments on the related pool’s target-rate strip allocated to the group’s target-rate classes IA-1 and IA-3 through IA-14 for that distribution day:

NAS classes. Classes IA-4 IX-0, XX-0, XX-00 and IA-12 IA-15 are non-accelerated senior, or NAS classes. For the first 60 distribution days, the principal allocation for a NAS class will be zero. For distribution day 61 and after, the principal allocation for a each NAS class will equal the following percentage shown below of its proportionate share, based on the principal balances of the classes IA-1 and IA-3 through IA-14its group’s senior target-rate classes, of scheduled and unscheduled principal payments on the related pool’s target-rate strip allocated to the group’s senior target-rate classes IA-1 and IA-3 through IA-14 for that distribution day:.

NAS classes. Classes IA-4 and IA-12 IA-8 are non-accelerated senior, or NAS NAS, classes. For the first 60 distribution days, the principal allocation for a NAS class will be zero. For distribution day 61 and after, the principal allocation for a each NAS class will equal the following percentage shown below of its proportionate share, based on the principal balances of the classes IA-1 and IA-3 through IA-14its group’s target-rate classes, of scheduled and unscheduled principal payments on the related pool’s target-rate strip allocated to the group’s target-rate classes IA-1 and IA-3 through IA-14 for that distribution day:.

NAS classes. Classes IA-4 [**] and IA-12 [**] are non-accelerated senior, or NAS classes. For the first 60 distribution days, the principal allocation for a NAS class will be zero. For distribution day 61 and after, the principal allocation for a NAS class will equal the following percentage of [its proportionate share, based on the principal balances of the classes IA-1 and IA-3 through IA-14senior target-rate classes, of scheduled and unscheduled principal payments on the target-rate strip allocated to the senior target-rate classes IA-1 and IA-3 through IA-14 for that distribution day]: