Class A-6 Lockout Percentage definition

Class A-6 Lockout Percentage. For each Distribution Date, the percentage specified below for the period in which such Distribution Date occurs: Distribution Date Lockout Percentage ----------------- ------------------ October 1997 - September 2000 0% October 2000 - September 2002 45% October 2002 - September 2003 80% October 2003 - September 2004 100% Subsequent to September 2004 300%
Class A-6 Lockout Percentage. For each Payment Date, the percentage set forth below: Class A-6 Payment Dates Lockout Percentage ------------- ------------------ October 1998 - September 2001 0% October 2001 - September 2003 45% October 2003 - September 2004 80% October 2004 - September 2005 100% October 2005 and thereafter 300%
Class A-6 Lockout Percentage. For each Distribution Date will be as follows: Distribution Date Lockout Percentage ----------------- ------------------ April 2000 through March 2003 0% April 2003 through March 2005 45% April 2005 through March 2006 80% April 2006 through March 2007 100% April 2007 and thereafter 300%

Examples of Class A-6 Lockout Percentage in a sentence

  • Class A-6 (a) Class A-6 Lockout Percentage 0.00% (b) Class A-6 Lockout Distribution Amount 0.00000000 0.00 2(b).

  • Class A-6 (a) Class A-6 Lockout Percentage 0.00% (b) Class A-6 Lockout Distribution Amount 0.00000000 0.00 8.

  • Class A-6 (a) Class A-6 Lockout Percentage 0.00% (b) Class A-6 Lockout Distribution Amount 0.00000000 0.00 7 8.

  • Class A-6 Lockout With respect to any Distribution Date, the product of (a) the Class A-6 Lockout Percentage for -------------------------------------------------------------------------------- This page must be accompanied by a disclaimer.

  • Class A-6 (a) Class A-6 Lockout Percentage (b) Class A-6 Lockout Distribution Amount 0.00000000 0.00 8.


More Definitions of Class A-6 Lockout Percentage

Class A-6 Lockout Percentage. With respect to each Payment Date, the applicable percentage set forth below:
Class A-6 Lockout Percentage. For any Distribution Date, the applicable percentage set forth in the table below: -------------------------------------------------------- Distribution Date Percentage -------------------------------------------------------- July 2004 to June 2007 0% July 2007 to June 2009 45% July 2009 to June 2010 80% July 2010 to June 2011 100% July 2011 and thereafter 300% --------------------------------------------------------
Class A-6 Lockout Percentage. For each Distribution Date will be as follows: DISTRIBUTION DATE LOCKOUT PERCENTAGE ----------------- ------------------ July 2001 through June 2004 0% July 2004 through June 2006 45% July 2006 through June 2007 80% July 2007 through June 2008 100% July 2008 and thereafter 300%
Class A-6 Lockout Percentage means with respect to each Distribution Date as follows:
Class A-6 Lockout Percentage means, for any Payment Date occurring during the periods set forth below, the percentage designated as such as follows:
Class A-6 Lockout Percentage. For each Payment Date, the percentage set forth below: Class A-6 Payment Dates Lockout Percentage ------------- ------------------
Class A-6 Lockout Percentage. For each Distribution Date will be as follows: Distribution Date Lockout Percentage ----------------- ------------------- July 2000 through June 2003 0% July 2003 through June 2005 45% July 2005 through June 2006 80% July 2006 through June 2007 100% July 2007 and thereafter 300% "CLASS A-7 AVAILABLE FUNDS CAP" with respect to any Interest Period and the related Distribution Date will be a rate per annum equal to the fraction, expressed as a percentage, the numerator of which is the product of (a) the weighted average of the Net Coupon Rates of the Group II Home Equity Loans as of the beginning of the related Remittance Period minus the Minimum Spread and (b) the aggregate Loan Balance of the Group II Home Equity Loans as of the beginning of the related Remittance Period, and the denominator of which is the outstanding Certificate Principal Balance of the Class A-7 Certificates (before giving effect to payments of principal on the Distribution Date) (adjusted to an effective rate, calculated by multiplying such fraction by 30 and dividing by the actual number of days elapsed in the related Interest Period, reflecting accrued interest calculated on the basis of a 360-day year and the actual number of days elapsed).