Group 1 Percentage definition

Group 1 Percentage. With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the Group 1 Principal Remittance Amount for such Distribution Date and the denominator of which is the Principal Remittance Amount for such Distribution Date.
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Group 1 Percentage. With respect to Group 1 and any Payment Date, the fraction, expressed as a percentage, the numerator of which is the Group Balance for Group 1 for such date and the denominator of which is the Aggregate Collateral Balance for such date. Group 2: The portion of the Mortgage Pool identified as Group 2.
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Group 1 Percentage. With respect to each Distribution Date Distribution Date and the Class 1-A4 Certificates, the percentage obtained by dividing (x) the Class Principal Amount of the Class 1-A4 Certificates immediately prior to such date, by (y) the aggregate Class Principal Amount of the Class 1-A2, Class 1-A4, Class 1-A10, Class 1-A21, Class 1-A22, Class 1-A23 and Class 1-A24 Certificates.
Sample 1

Examples of Group 1 Percentage in a sentence

  • On any Payment Date, the Group 1 Percentage of such Net Swap Receipt that are not applied to the payment of Current Interest, Available Funds Shortfalls and Deferred Interest in the manner described in the preceding sentence shall be distributed by the Indenture Trustee (or the Paying Agent on behalf of the Indenture Trustee) to the holder of the Ownership Certificate.

  • On any Payment Date for which there are funds on deposit in the Basis Risk Reserve Account, the Indenture Trustee (or the Paying Agent on behalf of the Indenture Trustee) shall withdraw such amounts from the Basis Risk Reserve Account and deposit such amounts in the Collection Account, and from the Collection Account shall apply the Group 1 Percentage of such Net Swap Receipt as Interest Funds for Group 1 and shall make payments specified in the order and priority described in Section 6.02 above.

  • On any Payment Date, the Group 1 Percentage of such Net Swap Receipt that are not applied to the payment of Available Funds Shortfalls in the manner described in the preceding sentence shall be distributed from the Basis Risk Reserve Account by the Indenture Trustee (or the Paying Agent on behalf of the Indenture Trustee) to the holder of the Ownership Certificate.

  • On any Payment Date, the Group 1 Percentage of such Net Swap Receipt that are not applied to the payment of Current Interest, Basis Risk Shortfalls and Deferred Interest in the manner described in the preceding sentence shall be distributed by the Indenture Trustee (or the Paying Agent on behalf of the Indenture Trustee) to the holder of the Ownership Certificate.

  • On any Payment Date, the Group 1 Percentage of such Net Swap Receipt that are not applied to the payment of Current Interest, Basis Risk Shortfalls and Deferred Interest in the manner described in the preceding sentence shall be paid by the Indenture Trustee (or the Paying Agent on behalf of the Indenture Trustee) to the holder of the Ownership Certificate.

  • On any Payment Date, the Group 1 Percentage of such Net Swap Receipt that are not applied to the payment of Current Interest and Available Funds Shortfalls in the manner described in the preceding sentence shall be distributed by the Indenture Trustee (or the Paying Agent on behalf of the Indenture Trustee) to the holder of the Ownership Certificate.


More Definitions of Group 1 Percentage

Group 1 Percentage. For any Distribution Date will equal the lesser of (a) 100% and (b) the aggregate Class Principal Balance of the Class 1-A-4, Class 1-A-7 and Class 1-A-11 Certificates divided by the aggregate Stated Principal Balance of the Group 1 Mortgage Loans, in each case immediately prior to any allocations of losses or distributions on that Distribution Date.
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Group 1 Percentage. For any Distribution Date, the percentage obtained by dividing (x) the aggregate Certificate Principal Balance of the Class A1 Certificates and Class A2 Certificates for such Distribution Date after giving effect to the Group 1 Basic Principal Distribution Amount for such Distribution Date by (y) the aggregate Certificate Principal Balance of the Class A1, Class A2, Class A3, Class A4 and Class A5 Certificates for such Distribution Date after giving effect to the Basic Principal Distribution Amount for such Distribution Date.
Sample 1
Group 1 Percentage. For any Distribution Date will equal the lesser of (a) 100% and (b) the aggregate Class Principal Balance of the Class 1-A-4 Certificates divided by the sum of (a) the aggregate Stated Principal Balance of the Group 1 Mortgage Loans (less the applicable Class P Fraction of each Class P Mortgage Loan in Loan Group 1) and (b) the amount, if any, on deposit in the Prefunding Account related to Loan Group 1 (less, with respect to the Group 1 Mortgage Loans, the Class 1-P Sublimit Amount minus the applicable Class P Fraction of the Stated Principal Balance of each Class P Mortgage Loan that is a Subsequent Mortgage Loan in Loan Group 1 as of the related Subsequent Cut-off Date), in each case, immediately prior to any allocations of losses or distributions on that Distribution Date.
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Group 1 Percentage. With respect to any Distribution Date and the Class 1-A6, Class 1-A8 and Class 1-A12 Certificates, the percentage obtained by dividing (x) the aggregate Class Principal Amount of the Class 1-A6, Class 1-A8 and Class 1-A12 Certificates immediately prior to such date, by (y) the aggregate Class Principal Amount of the Class 1-A1, Class 1-A3, Class 1-A4, Class 1-A6, Class 1-A8, Class 1-A9, Class 1-A10, Class 1-A11 and Class 1-A12 Certificates. For any Distribution Date and the Class 1-A3 and Class 1-A4 Certificates, the percentage obtained by dividing (x) the sum of (I) the aggregate Class Principal Amount of the Class 1-A3 and Class 1-A4 Certificates immediately prior to such date and (II) $37,430,500, by (y) the aggregate Class Principal Amount of the Class 1-A1, Class 1-A3, Class 1-A4, Class 1-A9, Class 1-A10 and Class 1-A11 Certificates.
Sample 1
Group 1 Percentage. With respect to the Group 1 Loans and any Distribution Date, the percentage obtained by dividing (a) the aggregate Stated Principal Balance of the Group 1 Loans as of the beginning of the related Due Period by (b) the aggregate Stated Principal Balance of all the Mortgage Loans as of the beginning of the related Due Period.
Sample 1

Related to Group 1 Percentage

  • Class B-1 Percentage As to any Distribution Date, the percentage calculated by multiplying the Subordinated Percentage by either (i) if any Class B Certificates (other than the Class B-1 Certificates) are eligible to receive principal distributions for such Distribution Date in accordance with Section 4.01(d), a fraction, the numerator of which is the Class B-1 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d) or (ii) except as set forth in Section 4.01(d)(ii), in the event that the Class B Certificates (other than the Class B-1 Certificates) are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), one.

  • Class B-2 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-2 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-2 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-2 Percentage for such Distribution Date will be zero.

  • Funded Percentage means, with respect to any Lender at any time, a percentage equal to a fraction the numerator of which is the amount actually disbursed and outstanding to Borrower by such Lender at such time and the denominator of which is the total amount disbursed and outstanding to Borrower by all of the Lenders at such time.

  • Class B-6 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-6 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-6 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-6 Percentage for such Distribution Date will be zero.

  • Class B-4 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-4 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-4 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-4 Percentage for such Distribution Date will be zero.

  • PO Percentage As to any Discount Mortgage Loan, a fraction (expressed as a percentage) the numerator of which is the excess of the Required Coupon over the Adjusted Net Mortgage Rate of such Discount Mortgage Loan and the denominator of which is such Required Coupon. As to any Non-Discount Mortgage Loan, 0%.

  • Class B-5 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-5 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-5 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-5 Percentage for such Distribution Date will be zero.

  • Class B-3 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-3 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-3 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-3 Percentage for such Distribution Date will be zero.

  • Pool Percentage With respect to each Mortgage Pool and any Distribution Date, the fraction, expressed as a percentage, the numerator of which is the Pool Balance for such Mortgage Pool for such date and the denominator of which is the Aggregate Pool Balance for such date.

  • Class B Percentage Any one of the Class B-1 Percentage, Class B-2 Percentage, Class B-3 Percentage, Class B-4 Percentage, Class B-5 Percentage or Class B-6 Percentage.

  • Class C Percentage means at any time the percentage equivalent of a fraction, the numerator of which is the Outstanding Amount of the Class C Notes and the denominator of which is the sum of the Outstanding Amount of all the Notes.

  • Allocation Percentage means, with respect to any Monthly Period, the percentage equivalent of a fraction:

  • Reduction Percentage means the percentage rate by which the Initial Per Certificate Entitlement will reduce on a daily basis on the assumption that the daily rate will be theper annum rate specified in the Final Terms divided by 365 and applied accordingly. B.26 Investment managementNot applicable - there is no active management of the assets of the Issuer. B.27 Further issuances backed by same pool of assetsNot applicable – the Issuer will not issue further securities backed by the same pool of assets. B.29 Description of the flow of fundsSave to the extent that the Authorised Participant as subscribed for the issue of Certificates in whole or in part by the physical delivery of the relevant Precious Metal in respect of the Series (the "Underlying Precious Metal"), the net proceeds from each issue of Certificates will be used (a) to purchase the Underlying Precious Metal and (b) to pay any listing fees incurred in connection with the listing of the Certificates. The Certificates will not bear interest. On redemption, a Certificateholder will, in respect of a Certificate, receive on a date on or before the third business day following the relevant Eligible Redemption Valuation Date(being any business day) (in each case the "Settlement Date"):

  • L/C Percentage as to any L/C Lender at any time, the percentage of the Total L/C Commitments represented by such L/C Lender’s L/C Commitment, as such percentage may be adjusted as provided in Section 2.23.

  • Group I Allocation Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is (i) the Group I Principal Remittance Amount for such Distribution Date, and the denominator of which is (ii) the Principal Remittance Amount for such Distribution Date.

  • Class A Percentage As to any Distribution Date occurring on or prior to the Cross-Over Date, the lesser of (i) 100% and (ii) the percentage obtained by dividing the Class A Non-PO Principal Balance (determined as of the Determination Date preceding such Distribution Date) by the Pool Balance (Non-PO Portion). As to any Distribution Date occurring subsequent to the Cross-Over Date, 100% or such lesser percentage which will cause the Class A Non-PO Principal Balance to decline to zero following the distribution made on such Distribution Date.

  • Average Contribution Percentage means the average of the Contribution Percentages of the Eligible Participants in a group.

  • Senior Percentage As of any Distribution Date, the lesser of 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Senior Certificates (other than the Class A-P Certificates) immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) (other than the related Discount Fraction of each Discount Mortgage Loan) immediately prior to such Distribution Date.

  • Shift Percentage As to any Distribution Date occurring during the five years beginning on the first Distribution Date, 0%. For any Distribution Date occurring on or after the fifth anniversary of the first Distribution Date as follows: for any Distribution Date in the first year thereafter, 30%; for any Distribution Date in the second year thereafter, 40%; for any Distribution Date in the third year thereafter, 60%; for any Distribution Date in the fourth year thereafter, 80%; and for any Distribution Date thereafter, 100%.

  • Group II Allocation Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is (i) the Group II Principal Remittance Amount for such Distribution Date, and the denominator of which is (ii) the Principal Remittance Amount for such Distribution Date.

  • Original Class B-1 Percentage The Class B-1 Percentage as of the Cut-Off Date, as set forth in Section 11.08.

  • Original Class B-2 Percentage The Class B-2 Percentage as of the Cut-Off Date, as set forth in Section 11.09.

  • Group II Senior Percentage For any Distribution Date, the lesser of (i) 100% and (ii) the aggregate Class Principal Balance of the Group II-A and Residual Certificates divided by the aggregate Class Principal Balance of the Group II Loans (exclusive of the Class II-P Fraction thereof, with respect to any Class II-P Mortgage Loan), in each case immediately before such Distribution Date.

  • Class Percentage With respect to each Class of Subordinate Certificates, for each Distribution Date, the percentage obtained by dividing the Class Principal Amount of such Class immediately prior to such Distribution Date by the sum of the Class Principal Amounts of all Certificates immediately prior to such date.

  • Participation Percentage means the rounded percentage of the total actual Project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the rounded percentage of the total actual Project costs that will be contributed by the Recipient. Both percentages are identified in Appendix B. If the total actual Project costs exceed the estimated Project costs identified in Appendix B, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Group I Senior Percentage As of each Distribution Date, the lesser of 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Group I Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) in Loan Group I immediately prior to such Distribution Date.