Examples of Group II Class A Certificates in a sentence
Notwithstanding the foregoing, if the Certificate Principal Balances of the Group II Class A Certificates (other than the Group II Lockout Certificates) have been reduced to zero, the Group II Lockout Distribution Percentage will be equal to 100%.
With respect to any Distribution Date, to the extent that the Prepayment Interest Shortfall exceeds Compensating Interest (such excess, a "Non-Supported Interest Shortfall"), such Non-Supported Interest Shortfall shall reduce the Current Interest with respect to each Class of Group I Certificates and Group II Class A Certificates, pro rata based upon the amount of interest each such Class would otherwise be entitled to receive on such Distribution Date.
XXXXXX XXXXXXX -------------------------------------------------------------------------------- Page 10 TRANSACTION HIGHLIGHTS (CONT'D) ---------------------- Certificate have been reduced to zero, principal distributions to the Group II Class A Certificates will be distributed pro rata to the Class A-2, Class A-3, Class A-4 and Class A-5 Certificates.
Notwithstanding the above, in the event that all subordinate classes, including the Class X certificates, have been reduced to zero, principal distributions to the Group II Class A Certificates will be distributed pro rata between the Class A-3 and Class A-4 Certificates.
Any payments of principal to the Class A-1 Certificates will be made first from payments relating to the Group I Mortgage Loans, and any payments of principal to the Group II Class A Certificates will be made first from payments relating to the Group II Mortgage Loans.