Common use of Principal if no Cross-Over Situation Exists Clause in Contracts

Principal if no Cross-Over Situation Exists. If no Cross-Over Situation exists with respect to any Class of Tracking Interests, Principal Amounts allocated with respect to each Loan Group's Tracking Interests in accordance with Paragraph 2, shall be further allocated: first to cause the Loan Group's corresponding Class A and Class B Tracking Interests to equal, respectively, 0.90% of the Subordinated Portion and 0.10% of the Subordinated Portion; and second to the Loan Group's corresponding Class C Tracking Interest;

Appears in 9 contracts

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2006-6cb), Pooling and Servicing Agreement (Alternative Loan Trust 2006-11cb), Pooling and Servicing Agreement (Alternative Loan Trust 2006-7cb)

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Principal if no Cross-Over Situation Exists. If no Cross-Over Situation exists with respect to any Class of Tracking Interests, Principal Amounts allocated with respect to each Loan Group's Tracking Interests Group in accordance with Paragraph 2, shall be further allocated: first to cause the Loan Group's corresponding Class A and Class B Tracking Interests to equal, respectively, 0.900.9% of the Subordinated Portion and 0.100.1% of the Subordinated Portion; and second to the Loan Group's corresponding Class C Tracking Interest;

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2005-28cb), Pooling and Servicing Agreement (Cwalt Inc), Pooling and Servicing Agreement (Alternative Loan Trust 2005-20cb)

Principal if no Cross-Over Situation Exists. If no Cross-Over Situation exists with respect to any Class of Tracking Interests, Principal Amounts allocated with respect to each Loan Group's Tracking Interests in accordance with Paragraph 2, shall be further allocated: first to cause the Loan Group's corresponding Class A and Class B Tracking Interests to equal, respectively, 0.900.9% of the Subordinated Portion and 0.100.1% of the Subordinated Portion; and second to the Loan Group's corresponding Class C Tracking Interest;

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Countrywide Home Loans 2005-J9), Pooling and Servicing Agreement (Alternative Loan Trust 2005-J6), Pooling and Servicing Agreement (Cwalt Inc)

Principal if no Cross-Over Situation Exists. If no Cross-Over Situation exists with respect to any Class of Tracking Interests, Principal Amounts allocated with respect to each Loan Group's ’s Tracking Interests in accordance with Paragraph 2, shall be further allocated: first to cause the Loan Group's ’s corresponding Class A and Class B Tracking Interests to equal, respectively, 0.90% of the Subordinated Portion and 0.10% of the Subordinated Portion; and second to the Loan Group's ’s corresponding Class C Tracking Interest;

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2007-4cb), Pooling and Servicing Agreement (Cwalt Inc)

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Principal if no Cross-Over Situation Exists. If no Cross-Over Situation exists with respect to any Class of Tracking Interests, Principal Amounts principal amounts allocated with respect to the Tracking Interests related to each Loan Group's Tracking Interests Group in Aggregate Loan Group I in accordance with Paragraph 2, shall be further allocated: first to cause the such Loan Group's ’s corresponding Class A and Class B Tracking Interests to equal, respectively, 0.90% of the Subordinated Portion and 0.10% of the Subordinated Portion; and second to the such Loan Group's ’s corresponding Class C Tracking Interest;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2007-J1)

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