Original Credit Support Percentage definition

Original Credit Support Percentage. With respect to each Class of Subordinate Certificates, the Credit Support Percentage for such Class of Certificates on the Closing Date.
Original Credit Support Percentage. With respect to any class of Subordinated Certificates (other than the Class B2-I, Class B2-II and Class B6 Certificates), the Credit Support Percentage with respect to such Class on the Closing Date.
Original Credit Support Percentage. With respect to each Class of Subordinate Certificates, the sum of the Class Percentages of all Classes of Certificates that rank lower in priority than such Class on the Closing Date.

Examples of Original Credit Support Percentage in a sentence

  • If on any Distribution Date the Credit Support Percentage for the Class B5 Certificates is less than the Original Credit Support Percentage for such Class, then, notwithstanding anything to the contrary in Section 5.02(a), no distribution of amounts described in clauses (ii) and (iii) of the definition of Subordinate Principal Distribution Amount will be made in respect of the Class B6 Certificates on such Distribution Date.

  • The Trust and the Adviser understand and agree that the Sub-Adviser may rely upon information furnished to it reasonably believed by the Sub-Adviser to be accurate and reliable and, except as herein provided, the Sub-Adviser shall not be accountable for loss suffered by the Trust by reason of such reliance of the Sub-Adviser.

  • If on any Distribution Date the Credit Support Percentage for the Class 1B2 Certificates is less than the Original Credit Support Percentage for such Class, then, notwithstanding anything to the contrary in Section 5.02(a), no distribution of amounts described in clauses (ii) and (iii) of the definition of Subordinate Principal Distribution Amount will be made in respect of the Class 1B4, Class 1B5, Class 1B6 Certificates or the B3(1) Component on such Distribution Date.

  • If on any Distribution Date the Credit Support Percentage for the Class B3 Certificates is less than the Original Credit Support Percentage for such Class, then, notwithstanding anything to the contrary in Section 5.02(a), no distribution of amounts described in clauses (ii) and (iii) of the definition of Subordinate Principal Distribution Amount will be made in respect of the Class B4, Class B5 or Class B6 Certificates on such Distribution Date.

  • If on any Distribution Date the Credit Support Percentage for the Class 2B4 Certificates is less than the Original Credit Support Percentage for such Class, then, notwithstanding anything to the contrary in Section 5.02(a), no distribution of amounts described in clauses (ii) and (iii) of the definition of Subordinate Principal Distribution Amount will be made in respect of the Class 2B5 or Class 2B6 Certificates on such Distribution Date.


More Definitions of Original Credit Support Percentage

Original Credit Support Percentage. With respect to each of the following Classes of Subordinate Certificates, the corresponding percentage described below, as of the Closing Date: Class B-1 2.10% Class B-2 1.25% Class B-3 0.80% Class B-4 0.45% Class B-5 0.25% Class B-6 0.00%
Original Credit Support Percentage. As to any Class of Senior or Subordinate Certificates, the applicable percentage set forth below: Senior Group F Certificates....................... 15.00% Class M-1F........................................ 8.75% Class M-2F........................................ 4.00% Class B-1F........................................ 0% Class A-1A........................................ 21.00% Class M-1A........................................ 12.00% Class A-2A........................................ 5.00% Class B-1A........................................ 0% - 23 -
Original Credit Support Percentage. With respect to each Component, the Credit Support Percentage for such Component on the Closing Date.
Original Credit Support Percentage. As to any Class of Class A Certificates or Subordinate Certificates, the applicable percentage set forth below: Class A 12.00% Class M-1 7.50% Class M-2 4.00% Class M-3 1.00% Class B 0.00%
Original Credit Support Percentage. With respect to each Class of Subordinate Notes, the Credit Support Percentage for such Class of Notes on the Closing Date.
Original Credit Support Percentage. As to any Class of Class 3-B1, ---------------------------------- Class 3-B2 or Class 3-B3 Certificates or any Component, and any Distribution Date, the Credit Support Percentage for such Class or Component on the Closing Date.
Original Credit Support Percentage. With respect to the Class B1 ---------------------------------- Certificates, 2.50%; with respect to the Class B2 Certificates, 1.75%; with respect to the Class B3 Certificates, 1.25%; with respect to the Class B4 Certificates, 0.60%; with respect to the Class B5 Certificates, 0.30%.