Group II Class A Principal Distribution Amount. With respect to any Distribution Date (i) prior to the Group II Stepdown Date or any Distribution Date on which a Group II Trigger Event exists, 100% of the Group II Principal Distribution Amount for such Distribution Date and (ii) on or after the Group II Stepdown Date where a Group II Trigger Event does not exist, the excess of (A) the Group II Class A Certificate Principal Balance immediately prior to such Distribution Date over (B) the lesser of (i) ____% of the Stated Principal Balance of the Group II Mortgage Loans as of the end of the immediately preceding Due Period and (II) the excess of the Stated Principal Balance of the Group II Mortgage Loans as of the end of the immediately preceding Due Period over $_________; provided, however, that in no event will the Group II Class A Principal Distribution Amount with respect to any Distribution Date exceed the Group II Class A Certificate Principal Balance.
Group II Class A Principal Distribution Amount. With respect to the Group II Certificates (other than the Group II Fixed Strip Components) for any Distribution Date, the lesser of:
Group II Class A Principal Distribution Amount. With With respect to any Distribution Date before the respect to any Distribution Date before the Group II Group I Stepdown Date or as to which a Group I Trigger Event Stepdown Date or as to which a Group II Trigger Event has occurred, 100% of the Group I Principal has occurred, 100% of the Group II Principal Distribution Amount for such Distribution Date and Distribution Amount for such Distribution Date and with with respect to any Distribution Date on or after respect to any Distribution Date on or after the the Stepdown Date and as to which a Group I Trigger Stepdown Date and as to which a Group II Trigger Event Event has not occurred, the excess of (i) the Group has not occurred, the excess of (i) the Group II Class A I Class A Certificate Principal Balance immediately Certificate Principal Balance immediately prior to such prior to such Distribution Date over (ii) the lesser Distribution Date over (ii) the lesser of (A) 58.00% of of (A) 72.00% of the Schedule Principal Balances of the Schedule Principal Balances of Group II on the Group I on the preceding Due Date and (B) the excess preceding Due Date and (B) the excess of (I) the of (I) the Scheduled Principal Balances of Group I Scheduled Principal Balances of Group II on the on the preceding Due Date over (II) $1,244,919. preceding Due Date over (II) $1,125,329.
Examples of Group II Class A Principal Distribution Amount in a sentence
Notwithstanding clause (v) above, the aggregate amounts distributed on all Distribution Dates to the Holders of the Group II Class A Certificates on account of the Group II Class A Principal Distribution Amount shall not exceed the Original Group II Certificate Principal Balance for the Group II Class A Certificates.
Notwithstanding clause (v) above, the aggregate amounts distributed on all Distribution Dates to the Holders of the Class A-2 Certificates on account of the Group II Class A Principal Distribution Amount shall not exceed the Original Group II Certificate Principal Balance of the Class A-2 Certificates.
Notwithstanding clause (v) above, the aggregate amounts distributed on all Distribution Dates to the Holders of the Class A-2 Certificates on account of the Group II Class A Principal Distribution Amount shall not exceed the Original Group II Certificate Principal Balance for the Class A-2 Certificates.
Distributions of the Group II Class A Principal Distribution Amount and amounts allocated pursuant to Section 6.05(b)(vii) and (ix) and (d)(vii) and (ix) will be distributed to the Class A-2 Certificates in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance thereof has been reduced to zero.
The amount necessary to reduce the Group II AAA balance to its required enhancement level based on the enhancement requirements as noted below will constitute the Group II Class A Principal Distribution Amount and will be paid concurrently to Group IIA and Group IIB.
More Definitions of Group II Class A Principal Distribution Amount
Group II Class A Principal Distribution Amount. With respect to any Distribution Date before the Group II Stepdown Date or as to which a Group II Trigger Event has occurred, 100% of the Group II Principal Distribution Amount for such Distribution Date and with respect to any Distribution Date on or after the Stepdown Date and as to which a Group II Trigger Event has not occurred, the excess of:
Group II Class A Principal Distribution Amount. As of any Payment Date (a) prior to the Group II Stepdown Date or with respect to which a Group II Trigger Event is in effect, 100% of the Group II Principal Distribution Amount and (b) on or after the Group II Stepdown Date or as to which a Group II Trigger Event is not in effect, the excess of (x) the aggregate Certificate Principal Balance of the Class A-9 Certificates immediately prior to such Payment Date over (y) the lesser of (A) the product of (i) 56.99971069% and (ii) the outstanding Loan Balance of the Mortgage Loans in Group II as of the last day of the related Remittance Period and (B) the outstanding aggregate Loan Balance of the Mortgage Loans in Group II as of the last day of the related Remittance Period minus $3,052,500.
Group II Class A Principal Distribution Amount. For any Payment Date is an amount equal to the lesser of:
Group II Class A Principal Distribution Amount. With respect to any Distribution Date (i) prior to the Group II Stepdown Date or any Distribution Date on which a Group II Trigger Event has occurred, 100% of the Group II Principal Distribution Amount for such Distribution Date and (ii) on or after the Group II Stepdown Date where a Group II Trigger Event has not occurred, the excess of (A) the Group II Class A Certificate Principal Balance immediately prior to such Distribution Date over (B) the lesser of (I) 64.00% (or 62.50%, if a Stepup Trigger Event has occurred) of the Stated Principal Balance of the Group II Mortgage Loans as of the end of the immediately preceding Due Period and (II) the Stated Principal Balance of the Group II Mortgage Loans as of the end of the immediately preceding Due Period less $1,078,935.00.
Group II Class A Principal Distribution Amount. With respect to the Group II Certificates and any Distribution Date, the Class A Principal Distribution Amount multiplied by a fraction, the numerator of which is the Principal Remittance Amount for the Group II Mortgage Loans and the denominator of which is the Principal Remittance Amount for both Loan Groups for such Distribution Date.
Group II Class A Principal Distribution Amount. With respect to any Distribution Date on or after the Stepdown Date on which a Trigger Event is not in effect, an amount, not less than zero, equal to the lesser of (A) the aggregate Certificate Principal Balance of the Group II Certificates immediately prior to such Distribution Date and (B) the excess of (x) the aggregate Certificate Principal Balance of the Group II Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 61.30% and (ii) the aggregate Stated Principal Balance of the Group II Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Group II Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) minus $3,334,270.63.
Group II Class A Principal Distribution Amount. As of any Payment Date (a) prior to the Group II Stepdown Date or with respect to which a Group II Trigger Event is in effect, the lesser of (i) 100% of the Group II Principal Distribution Amount and (ii) the Class A-10 Certificate Principal Balance and (b) on or after the Group II Stepdown Date and as to which a Group II Trigger Event is not in effect, the positive difference, if any, of the excess of (x) the aggregate Certificate Principal Balance of the Class A-10 Certificates immediately prior to such Payment Date over (y) the Group II Senior Target Certificate Balance.