Class A-6 Principal Distribution Amount. With respect to any Payment Date, an amount equal to the lesser of (x) the Group II Principal Distribution Amount for such Payment Date and (y) the amount necessary to reduce the Class A-6 Principal Balance (as it was immediately prior to such Payment Date) to zero.
Class A-6 Principal Distribution Amount. With respect to the Class A-6 Certificates for any Distribution Date prior to the Class A-5 Certificate Termination Date, the Class A-6
Class A-6 Principal Distribution Amount. With respect to any Payment Date will be the "applicable percentage" set forth below of the Class A-6 Pro Rata Principal Distribution Amount: APPLICABLE PERIOD PERCENTAGE ------ ---------- September 1999 - August 2002 0.00% September 2002 - August 2004 45.00% September 2004 - August 2005 80.00% September 2005 - August 2006 100.00% September 2006 - and thereafter 300.00%
More Definitions of Class A-6 Principal Distribution Amount
Class A-6 Principal Distribution Amount. With respect to any Distribution Date, the lesser of (a) the aggregate Certificate Principal Balance of the Class A-6 Certificates immediately prior to such Distribution Date and (b) the product of (i) the Class A-6 Pro Rata Principal Distribution Amount for that Distribution Date and (ii) the applicable Class A-6 Lockout Percentage for that Distribution Date, as specified below: Distribution Dates Class A-6 Lockout Percentage ------------------ ---------------------------- July 2002 - June 2005 0% July 2005 - June 2007 45% July 2007 - June 2008 80% July 2008 - June 2009 100% June 2009 and thereafter 300%
Class A-6 Principal Distribution Amount. With respect to any Payment Date will be the "applicable percentage" set forth below of the Class A-6 Pro Rata Principal Distribution Amount:
Class A-6 Principal Distribution Amount. For any Distribution Date, the sum of:
Class A-6 Principal Distribution Amount. As to any Distribution --------------------------------------- Date, the sum of (i) the Class A-6 Percentage of the applicable Non-PO Percentage of all amounts described in clauses (a) through (d) of the definition of "Non-PO Formula Principal Amount" for such Distribution Date, (ii) with respect to any Mortgage Loan that became a Liquidated Mortgage Loan during the calendar month preceding the month of such Distribution Date, the lesser of (x) the Class A-6 Percentage of the applicable Non-PO Percentage of the Stated Principal Balance of such Mortgage Loan and (y) either (A) the Class A-6 Prepayment Percentage, if the Class A-6 Prepayment Percentage is greater than 0%, or if the Class A-6 Prepayment Percentage equals 0%, the percentage obtained by dividing the Class A-6 Percentage by the sum of the Senior Percentage and the Class A-6 Percentage or (B), if an Excess Loss was sustained with respect to such Liquidated Mortgage Loan during such preceding calendar month, the Class A-6 Percentage of the applicable Non-PO Percentage of the amount of the Liquidation Proceeds allocable to principal and (iii) the Class A-6 Prepayment Percentage of the applicable Non-PO Percentage of the amounts described in clause (f) of the definition "Non-PO Formula Principal Amount" for such Distribution Date.
Class A-6 Principal Distribution Amount. The excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Class A Certificates (other than the Class A-6 Certificates) (after taking into account the distribution of the Senior Principal Distribution Amount on such Distribution Date) and (ii) the Certificate Principal Balance of the Class A-6 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 70.90% and (ii) the Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) minus the related Overcollateralization Floor.
Class A-6 Principal Distribution Amount. As to any Distribution Date, the lesser of (A) the greater of (i) the product of (x) the Class A Principal Distribution Amount for such Distribution Date and (y) a fraction, the numerator of which is the Class A-6 Certificate Principal Balance immediately prior to such Distribution Date, and the denominator of which is the Class A Certificate Principal Balance immediately prior to such Distribution Date, and (ii) the excess, if any, of (x) the Class A-6 Certificate Principal Balance immediately prior to such Distribution Date over (y) the aggregate Loan Balance of the Mortgage Loans in the Adjustable Rate Loan Group as of the last day of the related Remittance Period and (B) the Class A Principal Distribution Amount. On the Class A-6 Certificate Termination Date, any excess of (a) the amount described in clause (x) of the preceding paragraph over (b) the amount described in clause (y) of the preceding paragraph shall be distributed as principal with respect to the Class A Certificates (other than the Class A-6 Certificates), as elsewhere provided herein.
Class A-6 Principal Distribution Amount. The Class A-6 Principal Distribution Amount for any Distribution Date is an amount equal to the excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Senior Certificates (other than the Class A-6 Certificates) after taking into account the payment of the Senior Principal Distribution Amount on the Distribution Date and (ii) the Certificate Principal Balance of the Class A-6 Certificates immediately prior to the Distribution Date over (y) the lesser of (A) the product of (i) 82.25% and (ii) the aggregate Scheduled Principal Balance of the Loans (including amounts on deposit in the Pre-Funding Account) as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the excess, if any, of the aggregate Scheduled Principal Balance of the Loans (including amounts on deposit in the Pre-Funding Account) as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) over the product of (i) 0.50% and (ii) the aggregate Principal Balance of the Initial Loans as of the Cut-off Date plus amounts on deposit in the Pre-Funding Account as of the Closing Date.