Class M-3 Prepayment Distribution Trigger definition
Class M-3 Prepayment Distribution Trigger. With respect to any Distribution Date, a test that shall be satisfied if the fraction (expressed as a percentage) equal to the sum of the Certificate Principal Balances of the Class M-3 Certificates, Class B-1 Certificates, Class B-2 Certificates and Class B-3 Certificates immediately prior to such Distribution Date divided by the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) immediately prior to such Distribution Date is greater than or equal to 2.25%.
Class M-3 Prepayment Distribution Trigger. With respect to any Distribution Date, a test that shall be satisfied if the