Examples of Credit Support Percentage in a sentence
The Credit Support Percentage with respect to the Class B3, Class B4 or Class B5 Certificates will equal a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Amount of any Class or Classes of Subordinate Certificates having a higher numerical class designation than such Class and the denominator of which is the sum of the Pool Balances of Pool 1 and Pool 2.
Likewise, among the Class B3, B4, B5, and B6 Certificates, on any distribution date for which the Credit Support Percentage for any such Class is less than its original Credit Support Percentage, no distributions of prepayments or recoveries allocable to principal will be made to any Class of lower priority than it.
Subordinate Certificates On any distribution date for which the Credit Lockout of Prepayments Support Percentage of the 1B1 or 2B1 Certificates and Recoveries is less than its original Credit Support Percentage, no distributions of prepayments or recoveries allocable to principal will be made to the Class 1B2 or 2B2, respectively.
Likewise, among the Class B2, B3, B4, B5, and B6 Certificates, on any distribution date for which the Credit Support Percentage for any such Class is less than its original Credit Support Percentage, no distributions of prepayments or recoveries allocable to principal will be made to any Class of lower priority than it.
For a Class of Subordinate ---------------------------------- Certificates, the Credit Support Percentage for such Class of Certificates on the Closing Date.