Senior Collateral Group Percentage definition

Senior Collateral Group Percentage. The percentage, if any, calculated as set forth in the Trust Agreement.
Senior Collateral Group Percentage. For Collateral Group 1, Collateral Group 2, Collateral Group 3, Collateral Group 4 and Collateral Group 5 shall equal (i) as of the Closing Date, 96.30%, 96.30%, 96.30%, 96.30% and 96.30%, respectively, and (ii) for any Distribution Date thereafter shall be a fraction expressed as a percentage equal to (a) the sum of the Certificate Balances of the Senior Certificates related to such Collateral Group immediately preceding such Distribution Date, over (b) the sum of the products, for each Mortgage Loan contributing to such Collateral Group, of (x) the Applicable Fraction for such Mortgage Loan in respect of such Collateral Group and (y) the outstanding principal balance of such Mortgage Loan as of the Due Date of the month in which such Distribution Date occurs.
Senior Collateral Group Percentage. For Collateral Group 1, Collateral Group 2, Collateral Group 3, Collateral Group 4, Collateral Group 5 and, Collateral Group 6 shall equal (i) as of the Closing Date, 96.24%, 96.25%, 96.25%, 95.88%, 95.90% and 95.90%, respectively, and (ii) for any Distribution Date thereafter shall be a fraction expressed as a percentage equal to (a) the sum of the Certificate Balances of the Senior Certificates related to such Collateral Group (other than the related Class A-P Certificates) immediately preceding such Distribution Date, over (b) the sum of the products, for each Mortgage Loan contributing to such Collateral Group, of (x) the Applicable Fraction for such Mortgage Loan in respect of such Collateral Group and (y) the outstanding principal balance of such Mortgage Loan as of the Due Date of the month in which such Distribution Date occurs.

More Definitions of Senior Collateral Group Percentage

Senior Collateral Group Percentage. For Collateral Group 1 and Collateral Group 2, shall equal (i) as of the Closing Date, 92.82% and 92.90%, respectively, and (ii) for any Distribution Date thereafter shall be a fraction expressed as a percentage equal to (a) the sum of the Certificate Balances of the Senior Certificates (other than the Class A-PO and Class A-IO Certificates) related to such Collateral Group immediately preceding such Distribution Date, over (b) the sum of the products, for each Mortgage Loan contributing to such Collateral Group, of (x) the Applicable Fraction for such Mortgage Loan in respect of such Collateral Group and (y) the outstanding principal balance of such Mortgage Loan (other than the loans attributable to the Class A-PO Certificates) as of the Due Date of the month in which such Distribution Date occurs.
Senior Collateral Group Percentage. For Collateral Group 1, Collateral Group 2, Collateral Group 3, Collateral Group 4, Collateral Group 5, Collateral Group 6 and Collateral Group 7 shall equal (i) as of the Closing Date, 96.00%, 96.00%, 96.00%, 96.00%, 96.00%, 96.00% and 96.00%, respectively, and (ii) for any Distribution Date thereafter shall be a fraction expressed as a percentage equal to (a) the sum of the Certificate Balances of the Senior Certificates related to such Collateral Group immediately preceding such Distribution Date, over (b) the sum of the products, for each Mortgage Loan contributing to such Collateral Group, of (x) the Applicable Fraction for such Mortgage Loan in respect of such Collateral Group and (y) the outstanding principal balance of such Mortgage Loan as of the Due Date of the month in which such Distribution Date occurs.
Senior Collateral Group Percentage. For Collateral Group 1, Collateral Group 2, Collateral Group 3, Collateral Group 4, Collateral Group 5, Collateral Group 6 and Collateral Group 7 will equal (i) as of the Closing Date, 97.10%, 97.10%, 97.10%, 98.55%, 98.55%, 98.53% and 98.54%, respectively, and (ii) for any Distribution Date thereafter will be a fraction expressed as a percentage equal to (a) the sum of the Certificate Balances of the Senior Certificates related to such Collateral Group (other than the Class A-P Certificates) immediately preceding such Distribution Date, over (b) the sum of the products, for each Mortgage Loan contributing to such Collateral Group, of (x) the Applicable Fraction for such Mortgage Loan in respect of such Collateral Group and (y) the outstanding principal balance of such Mortgage Loan as of the Due Date of the month in which such Distribution Date occurs.
Senior Collateral Group Percentage. For Collateral Group 1, Collateral Group 2, Collateral Group 3, Collateral Group 4, Collateral Group 5, Collateral Group 6, Collateral Group 7, Collateral Group 8 and Collateral Group 9 shall equal (i) as of the Closing Date, 96.49%, 96.50%, 96.50%, 96.50%, 96.50%, 96.50%, 96.50%, 96.50% and 96.50%, respectively, and (ii) for any Distribution Date thereafter shall be a fraction expressed as a percentage equal to (a) the sum of the Certificate Balances of the Senior Certificates related to such Collateral Group immediately preceding such Distribution Date, over (b) the sum of the products, for each Mortgage Loan contributing to such Collateral Group, of (x) the Applicable Fraction for such Mortgage Loan in respect of such Collateral Group and (y) the outstanding principal balance of such Mortgage Loan as of the Due Date of the month in which such Distribution Date occurs.
Senior Collateral Group Percentage. As of the Closing Date, for Collateral Group I and Collateral Group II will be approximately 93.48% and 93.55%, respectively, and for any Distribution Date thereafter will equal the sum of the Certificate Balances of the Senior Certificates related to such Collateral Group (other than the Class A-P Certificates) immediately preceding such Distribution Date, divided by the sum of the Applicable Fractions of the total outstanding principal balance of the Mortgage Loans contributing to such Collateral Group (other than the Applicable Fractions thereof allocable to the Class A-P Certificates) immediately prior to such Distribution Date.
Senior Collateral Group Percentage. As of the Closing Date, for Collateral Group I, Collateral Group II, Collateral Group III, Collateral Group IV, Collateral Group V and Collateral Group VI, Collateral Group VII, Collateral Group VIII, Collateral Group IX, Collateral Group X, Collateral Group XI, Collateral Group XII, Collateral Group XIII and Collateral Group XIV will be approximately 98.00%, 98.00%, 98.00%, 98.00%, 98.00%, 98.00%, 98.00%, 98.99%, 99.00%, 99.00%, 99.00%, 98.99%, 99.00% and 99.00%, respectively, and for any Distribution Date thereafter will equal the sum of the Certificate Balances of the Senior Certificates related to such Collateral Group (other than the related Component of the Class A-P Certificates) immediately preceding such Distribution Date, divided by the sum of the Applicable Fractions of the total outstanding principal balance of the Mortgage Loans contributing to such Collateral Group (the Applicable Fractions thereof allocable to the related Component of the Class A-P Certificates) immediately prior to such Distribution Date.
Senior Collateral Group Percentage. As of the Closing Date, for Collateral Group 1, Collateral Group 2, Collateral Group 3, Collateral Group 4, Collateral Group 5, Collateral Group 6, Collateral Group 7, Collateral Group 8 and Collateral Group 9 will be approximately 98.84%, 98.85%, 98.85%, 98.85%, 98.85%, 97.14%, 97.15%, 97.15% and 97.15%, respectively, and for any Distribution Date thereafter will equal the sum of the Certificate Balances of the Senior Certificates related to such Collateral Group (other than the Class A-P Certificates) immediately preceding such Distribution Date, divided by the sum of the Applicable Fractions of the total outstanding principal balance of the Mortgage Loans contributing to such Collateral Group (Less the Applicable Fractions thereof allocable to the Class A-P Certificates) immediately prior to such Distribution Date.