Common use of WEIGHTED AVERAGE FUNDING SHARE PERCENTAGE Clause in Contracts

WEIGHTED AVERAGE FUNDING SHARE PERCENTAGE. On any Distribution Date in respect to which the Seller had assigned New Mortgage Loans to the Mortgages Trustee during the Trust Calculation Period immediately preceding such Distribution Date, the Cash Manager (on behalf of the Beneficiaries) will calculate (for the sole purpose of making the distributions to be made on such Distribution Date) the weighted average of the Current Funding Share Percentages that were calculated previously in respect of each Interim Calculation Period occurring in such immediately preceding Trust Calculation Period based on the amount of Revenue Receipts and Principal Receipts received and Losses sustained during each such Interim Calculation Period. The "WEIGHTED AVERAGE FUNDING SHARE PERCENTAGE" for any such Distribution Date will be equal to: (a) in respect of the distribution of Revenue Receipts to be made on such Distribution Date, the sum, in respect of all Interim Calculation Periods during the Trust Calculation Period immediately preceding such Distribution Date, of (i) for each Interim Calculation Period during such Trust Calculation Period, the product of (1) the related Current Funding Share Percentage for such Interim Calculation Period, and (2) the amount of all Revenue Receipts received by the Mortgages Trustee during such Interim Calculation Period, divided by (ii) the aggregate of all Revenue Receipts received by the Mortgages Trustee during the Trust Calculation Period immediately preceding such Distribution Date; (b) in respect of the distribution of Principal Receipts to be made on such Distribution Date, the sum, in respect of all Interim Calculation Periods during the Trust Calculation Period immediately preceding such Distribution Date, of (i) for each Interim Calculation Period during such Trust Calculation Period, the product of (1) the related Current Funding Share Percentage for such Interim Calculation Period, and (2) the amount of all Principal Receipts received by the Mortgages Trustee during such Interim Calculation Period, divided by (ii) the aggregate of all Principal Receipts received by the Mortgages Trustee during the Trust Calculation Period immediately preceding such Distribution Date; and (c) in respect of the allocation of Losses to be made on such Distribution Date, the sum, in respect of all Interim Calculation Periods during the Trust Calculation Period immediately preceding such Distribution Date, of (i) for each Interim Calculation Period during such Trust Calculation Period, the product of (1) the related Current Funding Share Percentage for such Interim Calculation Period, and (2) the amount of all Losses sustained on the Mortgage Loans during such Interim Calculation Period, divided by (ii) the aggregate of all Losses sustained on the Mortgage Loans during the Trust Calculation Period immediately preceding such Distribution Date.

WEIGHTED AVERAGE FUNDING SHARE PERCENTAGE. On any Distribution Date in respect to which the Seller had assigned New Mortgage Loans to the Mortgages Trustee during the Trust Calculation Period immediately preceding such Distribution Date, the Cash Manager (on behalf of the Beneficiaries) will calculate (for the sole purpose of making the distributions to be made on such Distribution Date) the weighted average of the Current Funding Share Percentages that were calculated previously in respect of each Interim Calculation Period occurring in such immediately preceding Trust Calculation Period based on the amount of Revenue Receipts and Principal Receipts received and Losses sustained during each such Interim Calculation Period. The "WEIGHTED AVERAGE FUNDING SHARE PERCENTAGE" for any such Distribution Date will be equal to: (a) in respect of the distribution of Revenue Receipts to be made on such Distribution Date, an amount determined in accordance with the sumformula set forth below: (A x B) + (C x D) where, in respect of all Interim Calculation Periods during the Trust Calculation Period immediately preceding such Distribution Date, of (i) for each Interim Calculation Period during such Trust Calculation Period, the product of (1) A = the related Current Funding Share Percentage for such Interim Calculation Period, and (2) Period 1; B = the amount number of all Revenue Receipts received days in Interim Calculation Period 1 divided by the Mortgages Trustee during such Interim Calculation Period, divided by (ii) the aggregate number of all Revenue Receipts received by the Mortgages Trustee during days in the Trust Calculation Period; C = the related Funding Share Percentage for Interim Calculation Period immediately preceding such Distribution Date2; and D = the number of days in Interim Calculation Period 2 divided by the number of days in the Trust Calculation Period; (b) in respect of the distribution of Principal Receipts to be made on such Distribution Date, an amount determined in accordance with the sumformula set forth below: (A x B) + (C x D) where, in respect of all Interim Calculation Periods during the Trust Calculation Period immediately preceding such Distribution Date, of (i) for each Interim Calculation Period during such Trust Calculation Period, the product of (1) A = the related Current Funding Share Percentage for such Interim Calculation Period, and (2) Period 1; B = the amount number of all Principal Receipts received days in Interim Calculation Period 1 divided by the Mortgages Trustee during such Interim Calculation Period, divided by (ii) the aggregate number of all Principal Receipts received by the Mortgages Trustee during days in the Trust Calculation Period; C = the related Funding Share Percentage for Interim Calculation Period immediately preceding such Distribution Date2; andand D = the number of days in Interim Calculation 2 Period divided by the number of days in the Trust Calculation Period; (c) in respect of the allocation of Losses to be made on such Distribution Date, an amount determined in accordance with the sumformula set forth below: (A x B) + (C x D) where, in respect of all Interim Calculation Periods during A = the Trust Calculation Period immediately preceding such Distribution Date, of (i) for each Interim Calculation Period during such Trust Calculation Period, the product of (1) the related Related Current Funding Share Percentage for such Interim Calculation Period, and (2) Period 1; B = the amount number of all Losses sustained on the Mortgage Loans during such days in Interim Calculation Period, Period 1 divided by (ii) the aggregate number of all Losses sustained on the Mortgage Loans during days in the Trust Calculation Period immediately preceding such Distribution Date.Period;