Class A Loss Percentage definition
Class A Loss Percentage. As to any Determination Date and any Class of Class A Certificates (other than the Class A-PO Certificates) then outstanding, the percentage calculated by dividing the Principal Balance of such Class by the Class A Loss Denominator (determined without regard to any such Principal Balance of any Class of Class A Certificates not then outstanding), in each case determined as of the preceding Determination Date.
Class A Loss Percentage. As to any Determination Date and any Class of Class A Certificates (other than the Class A-8, Class A-20 and Class A-PO Certificates), the Class A-8 Accrual Component or any Class A-20 Component then outstanding, the percentage calculated by dividing the Principal Balance of such Class or Component (or, in the case of a Class of Accrual Certificates or the Accrual Component, the Original Principal Balance of such Class or Component, if lower) by the Class A Loss Denominator (determined without regard to any such Principal Balance of any Class of Class A Certificates or Component not then outstanding), in each case determined as of the preceding Determination Date.
Class A Loss Percentage. As to any Determination Date and any Class of Class A Certificates (other than the Class A-6 and Class A-PO Certificates) or Component then outstanding, the percentage calculated by dividing the Principal Balance of such Class or Component (or, in the case of a Class of Accrual Certificates or the Accrual Component, the Original Principal Balance of such Class or Component, if lower) by the Class A Loss Denominator (determined without regard to any such Principal Balance of any Class of Class A Certificates or Component not then outstanding), in each case determined as of the preceding Determination Date.
Examples of Class A Loss Percentage in a sentence
I-5 Class A Loss Percentage............................................................................