Call Percentage definition
Examples of Call Percentage in a sentence
The exercise of such right will effect early retirement of the Certificates, the Servicer’s right to purchase being subject to the aggregate Principal Balance of the Mortgage Loans at the time of purchase being less than the Clean-Up Call Percentage of the aggregate Principal Balance of the Mortgage Loans as of the Cut-Off Date.
The exercise of such right will effect early retirement of the Certificates, the Master Servicer's right to purchase being subject to the aggregate Principal Balance of the Mortgage Loans at the time of purchase being less than the Clean-Up Call Percentage of the aggregate Principal Balance of the Mortgage Loans as of the Cut-Off Date.
The exercise of such right will effect early retirement of the Certificates, the Master Servicer’s right to purchase being subject to the aggregate Principal Balance of the Mortgage Loans at the time of purchase being less than the Clean-Up Call Percentage of the aggregate Principal Balance of the Mortgage Loans as of the Cut-Off Date.
The date on which the aggregate principal balance of the Mortgage Loans has been reduced to less than the Clean-Up Call Percentage of that balance as of the Cut-Off Date.
On any Distribution Date after the first date on which the aggregate Principal Balance of the Mortgage Loans is less than the Clean-Up Call Percentage of the aggregate Principal Balance of the Mortgage Loans as of the Cut-Off Date, the Master Servicer may purchase the outstanding Mortgage Loans and any Mortgaged Properties acquired by the Trust Fund at the price stated in clause (i) of the preceding paragraph.
On any Distribution Date after the first date on which the aggregate Principal Balance of the Mortgage Loans is less than the Clean-Up Call Percentage of the aggregate Principal Balance of the Mortgage Loans as of the Cut-Off Date, the Master Servicer may purchase the outstanding Mortgage Loans and any Mortgaged Properties acquired by the Trust at the price stated in clause (i) of the preceding paragraph.
The date on which the aggregate principal balance of the Group 1 and Group 2 Loans has been reduced to less than the Groups 1-2 Clean-Up Call Percentage of that balance as of the Cut-Off Date.
The exercise of such right will effect early retirement of the Certificates, the Company's right to repurchase being subject to the aggregate Principal Balance of the Mortgage Loans at the time of repurchase being less than the Clean-Up Call Percentage of the aggregate Principal Balance of the Mortgage Loans as of the Cut-Off Date.
On any Distribution Date after the first date on which the aggregate Principal Balance of the Mortgage Loans is less than the Clean-Up Call Percentage of the aggregate Principal Balance of the Mortgage Loans as of the Cut-Off Date, the Company may purchase or repurchase the outstanding Mortgage Loans and any Mortgaged Properties acquired by the Trust Fund at the price stated in clause (i) of the preceding paragraph.
The exercise of such right will effect early retirement of the Certificates, the Certificate Administrator's right to purchase being subject to the aggregate Class Principal Balance of the Underlying Certificates at the time of purchase being less than the Clean-Up Call Percentage of the aggregate Class Principal Balance of the Underlying Certificates as of the Closing Date.