Lockout Distribution Percentage definition

Lockout Distribution Percentage. With respect to the Class A-6 Certificates and any Distribution Date, the indicated percentage of the Lockout Certificate Percentage for such Distribution Date: DISTRIBUTION DATE OCCURRING IN PERCENTAGE ------------------------------ ---------- May 2003 through April 2006 0% May 2006 through April 2008 45% May 2008 through April 2009 80% May 2009 through April 2010 100% May 2010 and thereafter 300%
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Lockout Distribution Percentage. For the Class AF-6 Certificates and any Distribution Date means the indicated percentage of the Lockout Certificate Percentage for such Distribution Date: DISTRIBUTION DATE OCCURRING IN PERCENTAGE May 2004 through April 2007 0% May 2007 through April 2009 45% May 2009 through April 2010 80% May 2010 through April 2011 100% May 2011 and thereafter 300%
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Lockout Distribution Percentage. With respect to any Distribution Date, the percentage indicated below: Distribution Date Lockout Distribution Percentage: ____________ through ___________ __% ___________ through ____________ __% of the Lockout Certificate Percentage ___________ through ___________ __% of the Lockout Certificate Percentage ___________ through ___________ ___% of the Lockout Certificate Percentage ___________ and thereafter the lesser of (x) ___% of the Lockout Certificate Percentage and (y) ___% Notwithstanding the foregoing, if the Certificate Principal Balances of the Class A Certificates (other than the Lockout Certificates) have been reduced to zero, the Lockout Distribution Percentage will be equal to ____%.
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Examples of Lockout Distribution Percentage 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%.

  • Lockout Distribution Percentage -- For any distribution date occurring prior to the distribution date in _________ , 0%.

  • CLASS A-I-6 LOCKOUT DISTRIBUTION PERCENTAGE: The Class A-I-6 Lockout Distribution Percentage is assigned as follows: (i) Between October 2002 and September 2005: 0%; (ii) Between October 2005 and September 2007: 45%; (iii) Between October 2007 and September 2008: 80%; (iv) Between October 2008 and September 2009: 100%; (v) October 2009 and thereafter: 300%.

  • The Lockout Distribution Percentage for any distribution date occurring after the first three years following the closing date will be as follows: o for any distribution date during the fourth and fifth years after the closing date, 45% o for any distribution date during the sixth year after the closing date, 80% o for any distribution date during the seventh year after the closing date, 100% o for any distribution date thereafter, the lesser of: o 300% of the Lockout Certificate Percentage and o 100%.

  • S-46 Notwithstanding the foregoing, if the Certificate Principal Balances of the Class A-I Certificates, other than the Lockout Certificates, have been reduced to zero, the Lockout Distribution Percentage will be equal to 100%.


More Definitions of Lockout Distribution Percentage

Lockout Distribution Percentage. With respect to any Distribution Date, the percentage indicated below: Distribution Date Lockout Distribution Percentage ---------------------------- ----------------------------------------------- December 1997 through 0% November 2000 December 2000 through 45% of the Lockout Certificate Percentage November 2002 December 2002 through 80% of the Lockout Certificate Percentage November 2003 December 2003 through 100% of the Lockout Certificate Percentage November 2004 December 2004 and thereafter the lesser of (x) 300% of the Lockout Certificate Percentage and (y) 100% Notwithstanding the foregoing, if the Certificate Principal Balances of the Class A Certificates (other than the Lockout Certificates) have been reduced to zero, the Lockout Distribution Percentage will be equal to 100%.
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Lockout Distribution Percentage. For any Distribution Date, the percentage indicated below: Distribution Date Occurring In Lockout Distribution Percentage November 2006 through October 2009 0% November 2009 through October 2011 45% November 2011 through October 2012 80% November 2012 through October 2013 100% November 2013 and after 300%
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Lockout Distribution Percentage. As of any Distribution Date occurring prior to the Distribution Date in November 2001, 0%. As of any Distribution Date occurring after the first five years following the Closing Date as follows: for any Distribution Date during the sixth year after the Closing Date, 30%; for any Distribution Date during the seventh year after the Closing Date, 40%; for any Distribution Date during the eighth year after the Closing Date, 60%; for any Distribution Date during the ninth year after the Closing Date, 80%; and for any Distribution Date thereafter, 100%.
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Lockout Distribution Percentage. For any Distribution Date occurring prior to the Distribution Date in June 2002, 0%. For any Distribution Date occurring after May 2002 but prior to June 2003, 30%. For any Distribution Date occurring after May 2003 but prior to June 2004, 40%. For any Distribution Date occurring after May 2004 but prior to June 2005, 60%. For any Distribution Date occurring after May 2005 but prior to June 2006, 80%. For any Distribution Date after May 2006, 100%.
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Lockout Distribution Percentage. With respect to the Class AF-4 Certificates and any Distribution Date, the indicated percentage of the Lockout Certificate Percentage for such Distribution Date: DISTRIBUTION DATE OCCURRING IN PERCENTAGE ---------------------------------- ---------------- January 2003 through December 2005 0% January 2006 through December 2007 45% January 2008 through December 2008 80% January 2009 through December 2009 100% January 2010 and thereafter 300%
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Lockout Distribution Percentage. For any Distribution Date, a percentage equal to the Lockout Priority Percentage multiplied by the Lockout Certificate Percentage.
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Lockout Distribution Percentage. With respect to the Class A-5 Certificates and each Distribution Date, the indicated percentage of the Lockout Certificate Percentage for such Distribution Date: Lockout Distribution Month of Distribution Date Percentage -------------------------- ---------- April 2001 through March 2004........................... 0% April 2004 through March 2006........................... 45% April 2006 through March 2007........................... 80% April 2007 through March 2008........................... 100% April 2008 and thereafter............................... 300% Nothwithstanding the foregoing, if the Certificate Principal Balances of the Class A Certificates (other than the Class A-5 Certificates and Class A-IO Certificates) and the Class R Certificates have been reduced to zero, the Lockout Distribution Percentage will be equal to 100%.
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