Group 1 Subordinate Percentage. On any Distribution Date, 100% minus the Group 1 Senior Percentage.
Group 1 Subordinate Percentage. For any Distribution Date, the excess of 100% over the Group 1 Senior Percentage for such date. Group 1 Subordinate Prepayment Percentage: For any Distribution Date, the excess of 100% over the Group 1 Senior Prepayment Percentage for such Distribution Date; provided, however, that if the aggregate Class Principal Balance of the Group 1-A and Residual Certificates has been reduced to zero, then the Group 1 Subordinate Prepayment Percentage shall equal 100%.
Group 1 Subordinate Percentage means, with respect to any Payment Date and the Group 1 Notes, the percentage equal to 100% minus the Group 1 Senior Percentage for such Payment Date.
Examples of Group 1 Subordinate Percentage in a sentence
Group 1 Subordinate Percentage: For any Distribution Date, the excess of 100% over the Group 1 Senior Percentage for such date.
Excess Losses on the Group 1 Mortgage Loans incurred during any Prepayment Period will be allocated on the related Distribution Date by allocating (i) the Group 1 Senior Percentage of the Excess Loss to the Class 1A1A Certificates and Class 1A1B Certificates as described below (if the Excess Loss is on a Group 1 Mortgage Loan) and (ii) the related Group 1 Subordinate Percentage of the Excess Loss to the Group 1 Subordinate Certificates on a pro rata basis.
More Definitions of Group 1 Subordinate Percentage
Group 1 Subordinate Percentage. With respect to any Loan Group within Collateral Pool 1 and any Distribution Date, 100% minus the Group 1 Senior Percentage for that Loan Group and Distribution Date.
Group 1 Subordinate Percentage. For any Distribution Date, the excess of 100% over the Group 1 Senior Percentage for such date. Group 1 Subordinate Prepayment Percentage: For any Distribution Date, the excess of 100% over the Group 1 Senior Prepayment Percentage for such Distribution Date; provided, however, that if the sum of the aggregate Class Principal Balance of the Class 1A, Class 1A-1A, Class 1A-1B, Class 1X-PPP and Residual Certificates and the aggregate Component Principal Balance of the Class CA Group 1 Components has been reduced to zero, then the Group 1 Subordinate Prepayment Percentage shall equal 100%.
Group 1 Subordinate Percentage means, with respect to each Payment Date and the Group 1 Notes, 100% minus the Group 1 Senior Percentage for such Payment Date.
Group 1 Subordinate Percentage. For any Distribution Date, the excess of 100% over the Group 1 Senior Percentage for such date.
Group 1 Subordinate Percentage. As to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the aggregate of the Class Principal Balances of the Classes of Group 1 Subordinate Certificates and the denominator of which is the Pool Balance of the Group 1 Mortgage Loans for such Distribution Date.
Group 1 Subordinate Percentage. With respect to any Distribution Date and Sub- Pool 1, a percentage equal to 100% minus the Group 1 Class A Percentage for such Distribution Date.
Group 1 Subordinate Percentage. As to any Distribution Date and Loan Group 1, 100% minus the Group 1 Senior Percentage for such Distribution Date.