Group I Subordinate Prepayment Percentage. For any Distribution Date, the excess of 100% over the Group I Senior Prepayment Percentage for such Distribution Date; provided, however, that if the aggregate Class Principal Balance of the Group I-A Certificates has been reduced to zero, then the Group I Subordinate Prepayment Percentage shall equal 100%.
Group I Subordinate Prepayment Percentage. With respect to the Group I Mortgage Loans, on any Distribution Date, 100% minus the Group I Senior Prepayment Percentage, except that on any Distribution Date after the Current Principal Amounts of the Group I Senior Certificates have each been reduced to zero, if (a) the weighted average of the Subordinate Percentages on such Distribution Date equals or exceeds two times the initial weighted average of the Subordinate Percentages and (b) the aggregate Scheduled Principal Balance of the Mortgage Loans delinquent 60 days or more (including for this purpose any such Mortgage Loans in foreclosure and Mortgage Loans with respect to which the related Mortgaged Property has been acquired by the Trust), averaged over the last six months, as a percentage of the sum of the aggregate Current Principal Amount of the Subordinate Certificates does not exceed 100%, the Group I Subordinate Prepayment Percentage will equal 100%. If the test set forth in the preceding sentence is not satisfied on any Distribution Date after the Current Principal Amount of the Group I Senior Certificates have each been reduced to zero, then the Group I Subordinate Prepayment Percentage will equal zero for such Distribution Date.
Group I Subordinate Prepayment Percentage. With respect to the Subordinate Certificates and any Distribution Date, 100% minus the Group I Senior Prepayment Percentage for such Distribution Date.
Examples of Group I Subordinate Prepayment Percentage in a sentence
On ------------------------------------------------------------- any Distribution Date, the Group I Subordinate Prepayment Percentage of the Principal Prepayment Amount for Loan Group I (exclusive of the portion thereof attributable to principal distributions to the Class I-P-L Regular Interests pursuant to clause (I)(a)(i) of the definition of "REMIC II Distribution Amount").
More Definitions of Group I Subordinate Prepayment Percentage
Group I Subordinate Prepayment Percentage. The Group I-1 Subordinate Prepayment Percentage, Group I-2 Subordinate Prepayment Percentage or Group I-3 Subordinate Prepayment Percentage, as applicable.
Group I Subordinate Prepayment Percentage. With respect to a Group I loan group and a Distribution Date, 100% minus the related Group I Senior Prepayment Percentage for that loan group and Distribution Date.
Group I Subordinate Prepayment Percentage. For any Distribution Date, the excess of 100% over the Group IA Prepayment Percentage; provided, however, that if the Certificate Principal Balances of the Group IA Certificates, the Class R-I Certificates and the Class R-III Certificates have been reduced to zero, then the Group I Subordinate Prepayment Percentage shall equal 100%.
Group I Subordinate Prepayment Percentage. The excess of 100% over the Class FXA Prepayment Percentage.
Group I Subordinate Prepayment Percentage. 100% minus the Group I Senior Prepayment Percentage.
Group I Subordinate Prepayment Percentage. On any Distribution Date for Loan Group I, the excess of 100% over the Group I Senior Prepayment Percentage for such Distribution Date; PROVIDED, HOWEVER, that if the aggregate of the Class Principal Balances of the Class IA Certificates and the Class R Certificate have been reduced to zero, then the Group I Subordinate Prepayment Percentage shall equal 100%.
Group I Subordinate Prepayment Percentage. With respect to any Distribution Date and the Group I Subordinate Certificates, the weighted average of (i) 100% minus the Group I Senior Prepayment Percentage with respect to the Class AF-1 Certificates for such Distribution Date, weighted based on the aggregate principal balance of the Non-Class PO Percentage of the Scheduled Principal Balance of the Group I-A Mortgage Loans and (ii) 100% minus the Group I Senior Prepayment Percentage with respect to the Class AF-2 Certificates for such Distribution Date, weighted based on the aggregate principal balance of the Non-Class PO Percentage of the Scheduled Principal Balance of the Group I-B Mortgage Loans.