Common use of Principal Distributions Clause in Contracts

Principal Distributions. (i) with respect to each Distribution Date (x) before the Stepdown Date or (y) if a Trigger Event is in effect, to the holders of the Classes of Class A and Subordinated Certificates then entitled to distributions of principal as set forth below, the applicable Principal Distribution Amount from each Loan Group in the following amounts and order of priority: (A) (x) in the case of the Group I Certificates, the Group I Principal Distribution Amount, to the Class A-I-1 Certificates, until the Class Certificate Balance thereof has been reduced to zero; and

Principal Distributions. (i) with respect to each Distribution Date (x) before the Stepdown Date or (y) if a Trigger Event is in effect, to the holders of the Classes of Class A and Subordinated Offered Certificates then entitled to distributions of principal as set forth below, the applicable Principal Distribution Amount from each Loan Group in the following amounts and order of priority: (A) (x) in the case of the Group I 1 Certificates, the Group I Principal Distribution Amount, to the Class A-I-1 A-1 Certificates, until the their Class Certificate Balance thereof has been Balances are reduced to zero; and

Principal Distributions. (i) with respect to each Distribution Date (x) before the Stepdown Date or (y) if a Trigger Event is in effect, to the holders of the Classes of Class A and Subordinated Offered Certificates then entitled to distributions of principal as set forth below, the applicable Principal Distribution Amount from each Loan Group in the following amounts and order of priority: (A) (x) in the case of the Group I Certificates, the Group I Principal Distribution Amount, to the Class A-I-1 I Certificates, until the their Class Certificate Balance thereof has been Balances are reduced to zero; and