Common use of Senior Liquidation Amount Clause in Contracts

Senior Liquidation Amount. As to any Distribution Date, the aggregate, for each Mortgage Loan in Loan Group 1 which became a Liquidated Mortgage Loan during the prior calendar month, of the lesser of (i) the Group 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.

Senior Liquidation Amount. As to any Distribution Date, the aggregate, for each Mortgage Loan in Loan Group 1 6 which became a Liquidated Mortgage Loan during the prior calendar month, of the lesser of (i) the Group 1 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.

Senior Liquidation Amount. As to any Distribution Date, the aggregate, for each Mortgage Loan in Loan Group 1 5 which became a Liquidated Mortgage Loan during the prior calendar month, of the lesser of (i) the Group 1 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.

Senior Liquidation Amount. As to For any Distribution Date, the sum of (A) the aggregate, for each Mortgage Loan in Loan Group 1 Loan which became a Liquidated Mortgage Loan during the prior calendar monthPrior Period, of the lesser of of: (i) the Group 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.

Senior Liquidation Amount. As to any Distribution Date, the aggregate, for each Mortgage Loan in Loan Group 1 4 which became a Liquidated Mortgage Loan during the prior calendar month, of the lesser of (i) the Group 1 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.

Senior Liquidation Amount. As to For any Distribution Date, the sum of (A) the aggregate, for each Mortgage Group 4 Loan in Loan Group 1 which became a Liquidated Mortgage Loan during the prior calendar monthPrior Period, of the lesser of of: (i) the Group 1 4 Senior Percentage of the Stated Principal Balance of such Mortgage Loan (exclusive of the Class 4-P Fraction thereof, with respect to any Class 4-P Mortgage Loan) and (ii) the applicable Group 4 Senior Prepayment Percentage of the Liquidation Principal with respect to such Mortgage Loan.Principal

Senior Liquidation Amount. As to any Distribution Date, the aggregate, for each Mortgage Loan in Loan Group 1 3 which became a Liquidated Mortgage Loan during the prior calendar month, of the lesser of (i) the Group 1 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.

Senior Liquidation Amount. As to For any Distribution Date, the sum of (A) the aggregate, for each Mortgage Group 2 Loan in Loan Group 1 which became a Liquidated Mortgage Loan during the prior calendar monthPrior Period, of the lesser of of: (i) the Group 1 2 Senior Percentage of the Stated Principal Balance of such Mortgage Loan (exclusive of the Class 2-P Fraction thereof, with respect to any Class 2-P Mortgage Loan) and (ii) the applicable Group 2 Senior Prepayment Percentage of the Liquidation Principal with respect to such Mortgage Loan.Principal