Group 1 Priority Percentage definition

Group 1 Priority Percentage. With respect to any Distribution Date, a fraction, expressed as a percentage (a) the numerator of which is equal to the aggregate Class Principal Balances of the Class 1-A-13 and Class 1-A-14 Certificates immediately prior to such Distribution Date and (b) the denominator of which is equal to the aggregate Class Principal Balance of the Group 1 Certificates immediately prior to such Distribution Date.
Group 1 Priority Percentage. As to any Distribution Date, (i) the aggregate Class Certificate Balance of the Class CB-13 and Class CB-14 Certificates divided by (ii) the Pool Stated Principal Balance (Non-PO Portion) for Loan Group 1.
Group 1 Priority Percentage. For any Distribution Date, the product of (a) the Group 1 Percentage and (b) the Stepdown Percentage.

More Definitions of Group 1 Priority Percentage

Group 1 Priority Percentage. For any Distribution Date will equal (i) the aggregate Maximum Initial Class Certificate Balance (reduced by distributions of principal made prior to such Distribution Date) of the Class 1-A-9 and Class 1-A-10 Certificates for such Distribution Date divided by (ii) the Pool Stated Principal Balance (Non-PO Portion) of Loan Group 1.
Group 1 Priority Percentage. As to any Distribution Date, an amount equal to the percentage equivalent of a fraction, the numerator of which is the aggregate Class Certificate Balance of the Class 1-A-4, Class 1-A-9 and Class 1-A-13 Certificates immediately prior to such Distribution Date, and the denominator of which is the aggregate Class Certificate Balance of the Group 1 Senior Certificates (other than the related Class PO Component) immediately prior to that Distribution Date.
Group 1 Priority Percentage. With respect to any Distribution Date, the percentage obtained by dividing: (1) the sum of (a) the aggregate Certificate Principal Balance of the Class 1-A-4 and Class 1-A-5 certificates, immediately preceding such Distribution Date and (b) $21,709,000 by (2) the aggregate Certificate Principal Balance of the Group 1 Certificates immediately preceding such Distribution Date.
Group 1 Priority Percentage. With respect to any Distribution Date prior to the fifth anniversary of the Closing Date, zero; with respect to any Distribution Date thereafter, a fraction, expressed as a percentage (a) the numerator of which is equal to the sum of the Class 1-A-3 Certificate Principal Balance, the Class 1-A-4 Certificate Principal Balance, in each case, immediately prior to such Distribution Date, and 7,185,000 and (b) the denominator of which is equal to the aggregate Certificate Principal Balances of the Class 1-A-1, Class 1-A-2, Class 1-A-3 and Class 1-A-4 Certificates immediately prior to such Distribution Date.
Group 1 Priority Percentage. As to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the aggregate Class Certificate Balance of the Class 1-A-11, Class 1-A-12, Class 1-A-13, Class 1-A-14, Class 1-A-15 and Class 1-A-16 Certificates immediately prior to such Distribution Date, and the denominator of which is the Non-PO Pool Balance for Loan Group 1 as of the Due Date in the month preceding the month of such Distribution Date (after giving effect to Principal Prepayments on the Mortgage Loans in Loan Group 1 received in the Prepayment Period related to the prior Due Date).
Group 1 Priority Percentage. For any Distribution Date and Collateral Allocation Group 1, the percentage equivalent of a fraction, the numerator of which is the Class Certificate Balance of the Class 1-
Group 1 Priority Percentage. For (i) any Distribution Date occurring during the five-year period beginning on the first Distribution Date, 0%. and (ii) any Distribution Date thereafter, the percentage equivalent of a fraction, the numerator of which is the sum of (x) the aggregate Class Certificate Balance of the Class 1-A-4, Class 1-A-5 and Class 1-A-6 Certificates immediately prior to that Distribution Date and (y) $51,289,000, and the denominator of which is equal to the aggregate Class Certificate Balance of the Group 1 Senior Certificates, other than the Class A-R Certificates and the Class PO-1 Component, immediately prior to that Distribution Date.