Class A-2 Percentage in relation to a Monthly Distribution Date means 100% less the Class A-1 Percentage for the Determination Date immediately preceding that Monthly Distribution Date.

Class A-2 Percentage. With respect to any Distribution Date, the lesser of 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Class A-2 Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) immediately prior to such Distribution Date; provided, that if the Certificate Principal Balances of the Class B-1 Certificates, the Class B-2 Certificates and the Class R Certificates are reduced to zero, then thereafter the Class A-2 Percentage as of any date of determination shall be 100% minus the then applicable Class A-1 Percentage.

Class A-2 Percentage. With respect to any Distribution Date, the lesser of 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Class A-2 Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) immediately prior to such Distribution Date; provided, that if the Certificate Principal Balances of the Class B-1 Certificates and the Class B-2 Certificates have been reduced to zero prior to such Distribution Date and if the Certificate Principal Balance of the Class R Certificates would be zero immediately after such Distribution Date if determined without regard to this proviso, then thereafter the Class A-2 Percentage as of any date of determination shall be 100% minus the then applicable Class A-1 Percentage.

Examples of Class A-2 Percentage in a sentence

The aggregate original principal amount of the Class A-2 Notes will equal approximately 25.40% (the "Class A-2 Percentage") of the Original Pool Balance on the Closing Date.
The aggregate original principal amount of the Class A-2 Notes will equal approximately 30.36% (the "Class A-2 Percentage") of the Original Pool Balance on the Closing Date.
CUSIP: 00750XXX0 Class A-2 Note $38,500,927 Class A-2 Percentage No. A-2-1 Initial Principal Balance Interest: 100% ALRC VIII and ALRC IX (each, a "Series Obligor" and, together, the "Series Obligors"), for value received, hereby promise to pay to CEDE & CO.
The aggregate original principal amount of the Class A-2 Notes will equal approximately 30.00% (the "Class A-2 Percentage") of the Original Pool Balance on the Closing Date.
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More Definitions of Class A-2 Percentage

Class A-2 Percentage means the result, expressed as a percentage, -------------------- obtained by dividing: (i) the Original Class A-2 Principal Balance by (ii) the Original Note Principal Balance.

Class A-2 Percentage. The Class A-2 Percentage for any Distribution Date is (i) 48% prior to the payment in full of the Class A Notes and (ii) 0% after the payment in full of the Class A Notes.

Class A-2 Percentage means, for any day, the percentage equivalent of a fraction, the numerator of which equals the Class A-2 VFC Principal Balance on such day, and the denominator of which equals the sum of (i) the Class A Initial Invested Amount, plus (ii) the initial principal amount of any Additional Class A Invested Amounts issued through the end of the preceding Business Day pursuant to Section 6.15 of the Series Supplement or this Issuance Supplement, minus (iii) the aggregate amount of principal payments made to the Class A Certificateholders prior to such day.

Class A-2 Percentage. As to any Distribution Date, 100% minus the Class A-1 Percentage for such Distribution Date.

Class A-2 Percentage. With respect to each Distribution Date is 7.104044%.

Class A-2 Percentage means, with respect to any Business Day, the percentage equivalent of a fraction, the numerator of which is the Class A-2 Invested Amount and the denominator of which is the Invested Amount, in each case as of the end of the preceding Business Day.