Subordinate Balance Ratio. As of any date of determination, the ratio among the principal balances of the Class 1-LS Interest, Class 2-LS Interest, Class 3-LS Interest and the Class 4-LS Interest, equal to the ratio among the Group Subordinate Amount of Loan Group 1, the Group Subordinate Amount of Loan Group 2, the Group Subordinate Amount for Loan Group 3 and the Group Subordinate Amount of Loan Group 4.
Subordinate Balance Ratio. The ratio between the Group I Subordinate Amount and the Group II Subordinate Amount.
Subordinate Balance Ratio. As of any date of determination, the ratio between the principal balances of the Class I-LS Interest and Class II-LS Interest, equal to the ratio between the Group I Subordinate Amount and the Group II Subordinate Amount.
More Definitions of Subordinate Balance Ratio
Subordinate Balance Ratio. As of any date of determination, the ratio between the principal balances of the Class 1-LS Interest and Class 2-LS Interest equal to the ratio between the Group Subordinate Amounts of Loan Group 1 and Loan Group 2. Subordinate Certificates: The Class M and Class B Certificates. Subordinate Percentage: As of any Distribution Date and Loan Group, 100% minus the Senior Percentage for such Loan Group for such Distribution Date.
Subordinate Balance Ratio. As of any date of determination, the ratio among the principal balances of the Class I-LS Interest, Class II-LS Interest, Class III-LS Interest and Class IV-LS Interest, equal to the ratio among the Group I Subordinate Amount, Group II Subordinate Amount, Group III Subordinate Amount and Group IV Subordinate Amount.
Subordinate Balance Ratio. As of any date of determination, the ratio among the principal balances of the Class 1-LS Interest and the Class 3-LS Interest to the ratio of the Group Subordinate Amounts of Loan Group 1 and Loan Group 3. Subordinate Certificates: The Class B and Class X-B Certificates.
Subordinate Balance Ratio. The ratio of the aggregate principal balance of the Class 1-b Certificates (as defined in Section 5.01(c)) to the aggregate principal balance of the Class 2-b Certificates (as defined in Section 5.01(c)) equal to the ratio of (1) the excess of the Pool 1 Balance over the Current Principal Amount of the Class A-1 Certificates to (2) the excess of the Pool 2 Balance over the Current Principal Amount of the Class A-2 Certificates.
Subordinate Balance Ratio. As of any date of determination and Loan Group N, the ratio among the principal balances of the Class 1-LS Interest, Class 2-LS Interest and Class 3-LS Interest equal to the ratio among the Group Subordinate Amounts of Loan Group 1, Loan Group 2 and Loan Group 3. As of any date of determination and Loan Group S, the ratio among the principal balances of the Class 4-LS Interest, Class 5-LS Interest, Class 6-LS Interest, Class 7-LS Interest and Class 8-LS Interest equal to the ratio among the Group Subordinate Amounts of Loan Group 4, Loan Group 5, Loan Group 6, Loan Group 7 and Loan Group 8.
Subordinate Balance Ratio. As of any date of determination, the ratio among the principal balances of the Class 1-LS Interest and Class 2-LS Interest equal to the ratio among the Group Subordinate Amounts of Cashflow Group 1 and Cashflow Group 2. Subordinate Certificates: The Class B Certificates.
Subordinate Balance Ratio. As of any date of determination, the ratio among the principal balances of REMIC II Regular Interest 1-LS, REMIC II Regular Interest 2-LS and REMIC II Regular Interest 3-LS, equal to the ratio among the Pool Subordinate Amounts of Group 1 Mortgage Loans, Group 2 Mortgage Loans and Group 3 Mortgage Loans. Subordinate Certificates: The Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates.