Examples of Subordinate Percentage in a sentence
The "Subordinate Percentage" with respect to any Payment Date and the Notes is the percentage equal to 100% minus the Senior Percentage for such Payment Date.
In the event that the Class Notional Amount for the Class 1A-H Reference Tranche is so increased as described in the prior sentence, this would have the effect of increasing the Senior Percentage correspondingly reducing the Subordinate Percentage, which would have a negative impact on the Notes in respect of the calculations of the Senior Reduction Amount and the Subordinate Reduction Amount, as described above.
The "Group 1 Subordinate Percentage" with respect to any Payment Date and the Group 1 Notes is the percentage equal to 100% minus the Group 1 Senior Percentage for such Payment Date.
The "Group 2 Subordinate Percentage" with respect to any Payment Date and the Group 2 Notes is the percentage equal to 100% minus the Group 2 Senior Percentage for such Payment Date.
In the event that the Class Notional Amount for the Class A-H Reference Tranche is so increased as described in the prior sentence, this would have the effect of increasing the Senior Percentage and correspondingly reducing the Subordinate Percentage, which would have a negative impact on the Notes in respect of the calculations of the Senior Reduction Amount and the Subordinate Reduction Amount, as described above.