Class B Loss Percentage definition
Class B Loss Percentage. With respect to any Determination Date and any Class of Class B Certificates then outstanding, the percentage calculated by dividing the Principal Balance of such Class by the Class B Principal Balance (determined without regard to any Principal Balance of any Class of Class B Certificates not then outstanding), in each case determined as of the preceding Determination Date.
Examples of Class B Loss Percentage in a sentence
I-11 Class B Loss Percentage............................................................................