Class A-6 Accretion Direction Rule definition
Class A-6 Accretion Direction Rule. With respect to the Class A-6 Certificates and any Distribution Date up to and including the Class A-6 Accrual Termination Date, the Accrual Amount with respect to the Class A-6 Certificates shall be distributed as principal, concurrently, to the Class A-1, Class A-2, Class A-3 and Class A-4 Certificates, pro rata, until their respective Class Certificate Balances are reduced to zero.
Class A-6 Accretion Direction Rule. With respect to the Class A-6 Certificates and any Distribution Date up to and including the Class A-6 Accrual Termination Date, the Accrual Amount with respect to the Class A-6 Certificates shall be distributed as principal, sequentially in the following order of priority: (a) concurrently, 14.2130506045% to the Class A-1, 77.3679849523% to the Class A-2 and 8.4189644432% to the Class A-3 Certificates, until the Class Certificate Balance of the Class A-3 Certificates is reduced to zero; (b) concurrently, 14.2130506045% to the Class A-1, 77.3679849523% to the Class A-2 and 8.4189644432% to the Class A-4 Certificates until the Class Certificate Balance of the Class A-4 Certificates is reduced to zero; (c) concurrently, 14.2130506045% to the Class A-1, 45.8818612212% to the Class A-4 and 39.9050881743% to the Class A-5 Certificates, until their respective Class Certificate Balances are reduced to zero; and (d) to the Class A-6 Certificates, until its Class Certificate Balance is reduced to zero.
Class A-6 Accretion Direction Rule. With respect to the Class A-6 Certificates and any Distribution Date up to and including the Class A-6 Accrual Termination Date, the Accrual Amount with respect to the Class A-6 Certificates shall be distributed as principal: first, concurrently, to the Class A-1 and Class A-2 Certificates, pro rata, in an amount up to the amount necessary to reduce their respective Class Certificate Balances to their respective Planned Balances for that Distribution Date; second, to the Class A-4 Certificates, in an amount up to the amount necessary to reduce its Class Certificate Balance to its Targeted Balance for that Distribution Date; third, to the Class A-5 Certificates, until its Class Certificate Balance is reduced to zero; fourth, to the Class A-4 Certificates without regard to its Targeted Balance, until its Class Certificate Balance is reduced to zero; fifth, concurrently, to the Class A-1 and Class A-2 Certificates, pro rata, without regard to their respective Planned Balances, until their respective Class Certificate Balances are reduced to zero; and sixth, to the Class A-6 Certificates, until its Class Certificate Balance is reduced to zero.