Senior Liquidation Amount. As to any Distribution Date, the aggregate, for each Mortgage Loan in Loan Group 6 which became a Liquidated Mortgage Loan during the prior calendar month, of the lesser of (i) the Group 6 Senior Percentage of the Stated Principal Balance of such Mortgage Loan and (ii) the applicable Senior Prepayment Percentage of the Liquidation Principal with respect to such Mortgage Loan.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2004-1), Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2004-2)
Senior Liquidation Amount. As to any Distribution Date, the aggregate, for each Mortgage Loan in Loan Group 6 1 which became a Liquidated Mortgage Loan during the prior calendar month, of the lesser of (i) the Group 6 1 Senior Percentage of the Stated Principal Balance of such Mortgage Loan and (ii) the applicable Senior Prepayment Percentage of the Liquidation Principal with respect to such Mortgage Loan.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2004-4), Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2004-1)
Senior Liquidation Amount. As to any Distribution Date, the aggregate, for each Mortgage Loan in Loan Group 6 5 which became a Liquidated Mortgage Loan during the prior calendar month, of the lesser of (i) the Group 6 5 Senior Percentage of the Stated Principal Balance of such Mortgage Loan and (ii) the applicable Senior Prepayment Percentage of the Liquidation Principal with respect to such Mortgage Loan.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2004-1), Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2004-2)
Senior Liquidation Amount. As to any Distribution Date, the aggregate, for each Mortgage Loan in Loan Group 6 4 which became a Liquidated Mortgage Loan during the prior calendar month, of the lesser of (i) the Group 6 4 Senior Percentage of the Stated Principal Balance of such Mortgage Loan and (ii) the applicable Senior Prepayment Percentage of the Liquidation Principal with respect to such Mortgage Loan.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2004-4)
Senior Liquidation Amount. As to any Distribution Date, the aggregate, for each Mortgage Loan in Loan Group 6 3 which became a Liquidated Mortgage Loan during the prior calendar month, of the lesser of (i) the Group 6 3 Senior Percentage of the Stated Principal Balance of such Mortgage Loan and (ii) the applicable Senior Prepayment Percentage of the Liquidation Principal with respect to such Mortgage Loan.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2004-4)
Senior Liquidation Amount. As to For any Distribution Date, the sum of (A) the aggregate, for each Mortgage Group 1 Loan in Loan Group 6 which became a Liquidated Mortgage Loan during the prior calendar monthPrior Period, of the lesser of of: (i) the Group 6 1 Senior Percentage of the Stated Principal Balance of such Mortgage Loan and (ii) the applicable Group 1 Senior Prepayment Percentage of the Liquidation Principal with respect to such Mortgage LoanLoan and (B) the Group 1 Senior Prepayment Percentage of any Subsequent Recoveries for Loan Group 1 for such Distribution Date.
Appears in 1 contract
