Aggregate Subordinated Percentage definition

Aggregate Subordinated Percentage. With respect to any Distribution Date, the fraction, expressed as a percentage, the numerator of which is equal to the aggregate Class Certificate Balance of the Subordinated Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all the Mortgage Loans as of the Due Date in the month preceding the month of such Distribution Date (after giving effect to Principal Prepayments received in the Prepayment Period related to that prior Due Date).

Aggregate Subordinated Percentage. For any Distribution Date, the percentage equal to (x) the sum of the Class Certificate Balances of the Subordinated Certificates on such Distribution Date, divided by (y) the aggregate Pool Principal Balance for both Mortgage Pools on such Distribution Date, in each case prior to giving effect to any distributions on such Distribution Date.

Aggregate Subordinated Percentage. As to any Determination Date, the difference between 100% and the Aggregate Class A Percentage. Agreement: This Pooling and Servicing Agreement and all amendments and supplements hereto.

Examples of Aggregate Subordinated Percentage in a sentence

• For purposes of the foregoing, the "Aggregate Subordinated Percentage" for any Distribution Date is equal to the aggregate Outstanding Certificate Principal Balance of the Subordinated Certificates immediately prior to such Distribution Date divided by the aggregate Scheduled Principal Balance of all of the Mortgage Loans immediately prior to such Distribution Date.

• Section 11.06 Original Aggregate Subordinated Percentage................

• Section 11.06 Original Aggregate Subordinated Percentage........................

• For purposes of the foregoing, the "Aggregate Subordinated Percentage" for any Distribution Date is equal to the aggregate Class Certificate Balance of the Subordinate Certificates immediately prior to such Distribution Date divided by the aggregate Stated Principal Balance of all of the Mortgage Loans immediately prior to such Distribution Date.

• Section 11.06 Original Aggregate Subordinated Percentage.......................

More Definitions of Aggregate Subordinated Percentage

Aggregate Subordinated Percentage. As defined in Section 6.01(I)(b)(vii)(A).

Aggregate Subordinated Percentage. With respect to any Distribution Date, is equal to the aggregate Principal Balance of the Subordinated Certificates immediately prior to such Distribution Date divided by the aggregate Scheduled Principal Balance of all of the Mortgage Loans immediately prior to such Distribution Date.

Aggregate Subordinated Percentage. The meaning set forth in Section 6.01(b)(x)(A) hereof.

Aggregate Subordinated Percentage. Not applicable.

Aggregate Subordinated Percentage. With respect to the Aggregate Group I Subordinated Certificates, as to any Distribution Date and the Aggregate Group I Certificates, the fraction, expressed as a percentage, the numerator of which is equal to the aggregate Class Principal Balance of the Aggregate Group I Subordinated Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all the Aggregate Group I Mortgage Loans as of the Due Date in the month preceding the month of such Distribution Date. With respect to the Aggregate Group II Subordinated Certificates, as to any Distribution Date and the Aggregate Group II Certificates, the fraction, expressed as a percentage, the numerator of which is equal to the aggregate Class Principal Balance of the Aggregate Group II Subordinated Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all the Aggregate Group II Mortgage Loans as of the Due Date in the month preceding the month of such Distribution Date.

Aggregate Subordinated Percentage. As to any Distribution Date, 100% minus the Senior Pro Rata Percentage.

Aggregate Subordinated Percentage. As to any Distribution Date, 100% minus the Senior Pro Rata Percentage. Agreement: This Pooling and Servicing Agreement and all amendments or supplements hereto. ALTA: The American Land Title Association or any successor thereto.