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. 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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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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Examples of Lockout Distribution Percentage in a sentence

  • 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%.

  • 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%.

  • 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%.

  • 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%.


More Definitions of Lockout Distribution Percentage

Lockout Distribution Percentage. With respect to any Distribution Date, the percentage indicated below: Distribution Date Lockout Distribution Percentage --------------------------------------------- ------------------------------------------------------- May 1999 through April 2002 0% May 2002 through April 2004 45% of the Lockout Certificate Percentage May 2004 through April 2005 80% of the Lockout Certificate Percentage May 2005 through April 2006 100% of the Lockout Certificate Percentage the lesser of (x) 300% of the Lockout May 2006 and thereafter Certificate Percentage and (y) 100% Notwithstanding the foregoing, if the Certificate Principal Balances of the Group I Certificates (other than the Class A-6 Certificates) have been reduced to zero, the Lockout Distribution Percentage will be equal to 100%.
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Lockout Distribution Percentage. With respect to the Class AF-5 Certificates and any Distribution Date, the indicated percentage of the Lockout Certificate Percentage for such Distribution Date: Distribution Date Occurring In Percentage ------------------------------------------------------------- November 2004 through October 2007 0% November 2007 through October 2009 45% November 2009 through October 2010 80% November 2010 through October 2011 100% November 2011 and thereafter 300% - 34 -
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Lockout Distribution Percentage. With respect to the Class A-6 Certificates and Class A-7 Certificates and each Distribution Date, the indicated percentage of the Lockout Certificate Percentage for such Distribution Date:
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Lockout Distribution Percentage. For any Distribution Date occurring prior to the Distribution Date in May 2003, 0%; for any Distribution Date occurring after April 2003 but prior to May 2004, 30%; for any Distribution Date occurring after April 2004 but prior to May 2005, 40%; for any Distribution Date occurring after April 2005 but prior to May 2006, 60%; for any Distribution Date occurring after April 2006 but prior to May 2007, 80%; for any Distribution Date after April 2007, 100%.
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Lockout Distribution Percentage. With respect to each Distribution Date will be the applicable percentage set forth below: July 2007 through and including June 2010 0% July 2010 through and including June 2012 45% July 2012 through and including June 2013 80% July 2013 through and including June 2014 100% July 2014 and thereafter 300%
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Lockout Distribution Percentage. With respect to any Distribution Date and the Class AF-7 Certificates, the percentage indicated below of the Lockout Certificate Percentage for such Distribution Date: Distribution Date occurring in: Lockout Percentage October 2005 through and including September 2008 0% October 2008 through and including September 2010 45% October 2010 through and including September 2011 80% October 2011 through and including September 2012 100% October 2012 and thereafter 300%
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Lockout Distribution Percentage. With respect to any Distribution Date, the percentage indicated below:
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