Examples of Class B-10 Certificates in a sentence
For the Class B-10 Certificates for any Distribution Date, the lesser of (a) the Carryover Shortfall Amount for such Class for such Distribution Date and (b) the excess, if any, of (i) the Interest Distribution Amount for the Class X-L Regular Interest for such Distribution Date over (ii) the aggregate of the Carryover Shortfall Payments for the Class B-1, Class B-2, Class B-3, Class B-4, Class B-5, Class B-6, Class B-7, Class B-8 and Class B-9 Certificates for such Distribution Date.
For the Class B-11 Certificates for any Distribution Date, the lesser of (a) the Carryover Shortfall Amount for such Class for such Distribution Date and (b) the excess, if any, of (i) the Interest Distribution Amount for the Class X-L Regular Interest for such Distribution Date over (ii) the aggregate of the Carryover Shortfall Payments for the Class B-1, Class B-2, Class B-3, Class B-4, Class B-5, Class B-6, Class B-7, Class B-8, Class B-9 and Class B-10 Certificates for such Distribution Date.
Class B-1, Class B-2, Class B-3, Class B-4, Class B-5, Class B-6, Class B-7, Class B-8, Class B-9 and Class B-10 Certificates.
Class P, Class B-7, Class B-8, Class B-9 and Class B-10 Certificates.
The Trustee may, if necessary, reimburse such Servicer from amounts otherwise distributable on the Class B-10 Certificates for all amounts advanced by it pursuant to the preceding sentence except when the claim relates directly to the failure of such Servicer to service and administer the Mortgage Loans in compliance with the terms of this Agreement.
The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall and any Relief Act Shortfall allocated to the Class B-10 Certificates, as described in the Agreement.
Class A-1, Class A-2, Class A-3, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5, Class B-6, Class B-7, Class B-8, Class B-9 and Class B-10 Certificates.
The pass-through rate on the Class B-10 Certificates with respect to each Distribution Date will be a per annum rate equal to the weighted average (based on the Group Subordinate Amount of each Loan Group) of the Net WACs of the Loan Groups.
Reimbursement for prepayment interest shortfalls first concurrently to the Class A1, Class A2, Class A3, Class A4 and Class A-10 Certificates, then to the Class M1 Certificates, then to the Class M2 Certificates, then to the Class M3 Certificates, and then to the Class M4 Certificates and the Class B-10 Certificates.
The Class B-10 Certificates the Class S Certificates and Class R Certificates (other than the Tax Matters Person Residual Interest) will be issued in minimum percentage interests of 10%.