Class A-4 Percentage definition

Class A-4 Percentage. For any Distribution Date, the Class A-4 Principal Balance divided by the aggregate Class Principal Balance of the Class A, Class B and Residual Certificates, in each case immediately after any allocations of Realized Losses but before any distributions on such Distribution Date.
Class A-4 Percentage. For any Distribution Date, the percentage (carried to six places rounded up) obtained by dividing (1) the aggregate Certificate Balance of the Class A-4 Certificates immediately preceding such Distribution Date by (2) the aggregate Certificate Balances of all the Certificates other than the Class PO Certificates immediately preceding such Distribution Date. Class A-4 Prepayment Distribution Percentage: 0% through the Distribution Date in April 2005; 30% thereafter through the Distribution Date in April 2006; 40% thereafter through the Distribution Date in April 2007; 60% thereafter through the Distribution Date in April 2008; 80% thereafter through the Distribution Date in April 2009; and 100% thereafter.

Examples of Class A-4 Percentage in a sentence

  • The aggregate original principal amount of the Class A-4 Notes will equal approximately 26.40% (the "Class A-4 Percentage") of the Original Pool Balance on the Closing Date.

  • The aggregate original principal amount of the Class A-4 Notes will equal approximately 29.52% (the "Class A-4 Percentage") of the Original Pool Balance on the Closing Date.

  • The aggregate original principal amount of the Class A-4 Notes will equal approximately 30.27% (the "Class A-4 Percentage") of the sum of (a) the Original Pool Balance and (b) the Pre-Funding Amount as of the Closing Date.


More Definitions of Class A-4 Percentage

Class A-4 Percentage. With respect to any Distribution Date prior to the Distribution Date occurring in December 2003, 0% and for any Distribution Date occurring on or after the Distribution Date in December 2003, the Class A-4 Certificate Principal Balance divided by the aggregate Certificate Principal Balance of the Certificates, in each case immediately prior to the Distribution Date.
Class A-4 Percentage means the result, expressed as a percentage, -------------------- obtained by dividing: (i) the Original Class A-4 Principal Balance by (ii) the Original Note Principal Balance.
Class A-4 Percentage. For any Distribution Date, the lesser of (i) 100% and (ii) the Class A-4 Subaccount Principal Balance divided by the aggregate Stated Principal Balance of the Group II Mortgage Loans (less the Class P Subaccount Principal Balance), in each case immediately prior to the Distribution Date.
Class A-4 Percentage. For any Distribution Date, an amount (which cannot exceed 100%) equal to the Class A-4 Class Principal Balance divided by the sum of the Class Principal Balances of the Senior Certificates (other than the Principal Only Certificates) immediately preceding the Distribution Date.
Class A-4 Percentage means the result, expressed as a percentage, obtained by dividing: (i) the Original Class A-4 Principal Balance by (ii) the Original Note Principal Balance.
Class A-4 Percentage. For any Distribution Date, the percentage (carried to six places rounded up) obtained by dividing (1) the aggregate Class Certificate Balance of the Class A-4 Certificates immediately preceding such Distribution Date by (2) the aggregate Class Certificate Balances of all Senior Certificates immediately preceding such Distribution Date.