Class A-3 Percentage definition

Class A-3 Percentage. For any Distribution Date, the lesser of (x) 100% and (y) the percentage (carried to six places rounded up) obtained by dividing (1) the aggregate Class Certificate Balance of the Class A-3 Certificates immediately preceding such Distribution Date by (2) the aggregate Class Certificate Balance of all Certificates immediately preceding such Distribution Date.
Sample 1
Class A-3 Percentage. The Class A Subclass Principal Balance of the Class A-3 Certificates divided by the Pool Balance (Non-PO Portion).
Sample 1Sample 2
Class A-3 Percentage means the result, expressed as a percentage, -------------------- obtained by dividing: (i) the Original Class A-3 Principal Balance by (ii) the Original Note Principal Balance.
Sample 1

Examples of Class A-3 Percentage in a sentence

  • As provided in the Indenture and subject to certain limitations therein set forth, Class A-3 Notes are exchangeable for new Class A-3 Notes of authorized denominations evidencing the same aggregate Class A-3 Percentage Interest, as requested by the Class A-3 Noteholder surrendering the same.

  • The aggregate original principal amount of the Class A-3 Notes will equal approximately 27.00% (the "Class A-3 Percentage") of the Original Pool Balance on the Closing Date.

  • The aggregate original principal amount of the Class A-3 Notes will equal approximately 20.93% (the "Class A-3 Percentage") of the sum of (a) the Original Pool Balance and (b) the Pre-Funding Amount as of the Closing Date.

  • The aggregate original principal amount of the Class A-3 Notes will equal approximately 23.20% (the "Class A-3 Percentage") of the Original Pool Balance on the Closing Date.

  • The aggregate original principal amount of the Class A-3 Notes will equal approximately 17.60% (the "Class A-3 Percentage") of the Original Pool Balance on the Closing Date.


More Definitions of Class A-3 Percentage

Class A-3 Percentage as defined in Section 4.01(b).
Sample 1
Class A-3 Percentage. As to any Distribution Date, 100% minus the Class A-2 Percentage for such Distribution Date.
Sample 1
Class A-3 Percentage. For any Distribution Date, the lesser of (a) 100% and (b) the Certificate Principal Balance of the Class A-3 Certificates immediately prior to that Distribution Date divided by the aggregate Certificate Principal Balance of the Certificates, less the Certificate Principal Balance of the Class P Certificates, as of the Due Date in the month of such Distribution Date. The Class A-3 Percentage as of the Delivery Date will be approximately 9.60%.
Sample 1
Class A-3 Percentage means the result, expressed as a percentage, obtained by dividing: (i) the Original Class A-3 Principal Balance by (ii) the Original Note Principal Balance.
Sample 1
Class A-3 Percentage. The sum of (i) the Class A Subclass Principal Balance of the Class A-3 Certificates and (ii) 72.18450873% of the sum of the Original Class A Subclass Principal Balances of the Class A-2 and Class A-4 Certificates divided by the Pool Balance (Non-PO Portion).
Sample 1
Class A-3 Percentage. A fraction, the numerator of which is the sum of (a) the Class Principal Balance of the Class A-3 Certificates immediately prior to such Distribution Date and (b) $41,870,000 and the denominator of which is the aggregate Class Principal Balance of all Classes of Senior Certificates (other than the Class PO and Class X Certificates) immediately prior to such Distribution Date.
Sample 1
Class A-3 Percentage. As to any Distribution Date, the percentage equivalent (carried to six places rounded up) of a fraction the numerator of which is the Class Certificate Balance of the Class A-3 Certificates immediately prior to such date and the denominator of which is the aggregate of the Class Certificate Balances of all Classes of Senior Certificates (other than the Class A-PO Certificates) immediately prior to such date.
Sample 1