Group III Subordinate Balance. For any date of determination, an amount equal to the then outstanding aggregate Principal Balance of the Group III Loans reduced by the aggregate Class Principal Balance of the Group III-A and Class III-P Certificates.
Group III Subordinate Balance. With respect to the Group III Subordinate Certificates and any Distribution Date, the aggregate of the Class Principal Balances of the Group III Subordinate Certificates for such Distribution Date.
Group III Subordinate Balance. For any date of determination, an amount equal to the then outstanding aggregate Principal Balance of the Group III Loans reduced by the aggregate Class Principal Balance of the Class III-A and to the extent derived from payments from Loan Group III, the Class A-P Certificates. Group III Subordinate Percentage: For any Distribution Date, the excess of 100% over the Group III Senior Percentage for such date. Group III Subordinate Prepayment Percentage: For any Distribution Date, the excess of 100% over the Group III Senior Prepayment Percentage for such Distribution Date; provided, however, that if the Class Principal Balance of the Class III-A Certificates has been reduced to zero, then the Group III Subordinate Prepayment Percentage shall equal 100%. Indirect DTC Participants: Entities such as banks, brokers, dealers or trust companies, that clear through or maintain a custodial relationship with a DTC Participant, either directly or indirectly.
More Definitions of Group III Subordinate Balance
Group III Subordinate Balance. For any date of determination, an amount equal to the then outstanding aggregate Principal Balance of the Group III Loans reduced by the Class III-A Principal Balance. Group III Subordinate Percentage: For any Distribution Date, the excess of 100% over the Group III Senior Percentage for such date. Group III Subordinate Prepayment Percentage: For any Distribution Date, the excess of 100% over the Group III Senior Prepayment Percentage for such Distribution Date; provided, however, that if the Class III-A Principal Balance has been reduced to zero, then the Group III Subordinate Prepayment Percentage shall equal 100%.
Group III Subordinate Balance. For any date of determination, an amount equal to the then outstanding aggregate Principal Balance of the Group III Loans reduced by the aggregate Class Principal Balance of the Class III-A, Class III-P and Residual Certificates. Group III Subordinate Percentage: For any Distribution Date, the excess of 100% over the Group III Senior Percentage for such date. Group III Subordinate Prepayment Percentage: For any Distribution Date, the excess of 100% over the Group III Senior Prepayment Percentage for such Distribution Date; provided, however, that if the aggregate Class Principal Balance of the Class III-A and Residual Certificates has been reduced to zero, then the Group III Subordinate Prepayment Percentage shall equal 100%.
Group III Subordinate Balance. For any date of determination, an amount equal to the then outstanding aggregate Principal Balance of the Group III Loans reduced by the aggregate Class Principal Balance of the Class III-A-1 and Class III-P Certificates. Group III Subordinate Percentage: With respect to any Distribution Date, the excess of 100% over the Group III Senior Percentage for such date. Group III Subordinate Prepayment Percentage: On any Distribution Date, the excess of 100% over the Group III Senior Prepayment Percentage for such Distribution Date; provided, however, that if the Class III-A-1 Principal Balance has been reduced to zero, then the Group III Subordinate Prepayment Percentage shall equal 100%. Group IV Certificates: The Group IV-A Certificates. Group IV-L Regular Interests: The Group IV-A-L and Class R-3-L Regular Interests. Group IV Loans: The Mortgage Loans designated on the Mortgage Loan