Subordinate Prepayment Percentage definition

Subordinate Prepayment Percentage. As to any Distribution Date, 100% minus the Senior Prepayment Percentage for such Distribution Date.

Subordinate Prepayment Percentage. As to any Distribution Date and Loan Group, 100% minus the Senior Prepayment Percentage for such Loan Group for such Distribution Date.

Subordinate Prepayment Percentage. With respect to each Mortgage Pool and any Distribution Date, the difference between 100% and the related Senior Prepayment Percentage for such Distribution Date.

Examples of Subordinate Prepayment Percentage in a sentence

• Subordinate Prepayment Percentage: As to any Distribution Date and Loan Group, 100% minus the Senior Prepayment Percentage for such Loan Group for such Distribution Date.

• Subordinate Prepayment The Subordinate Prepayment Percentage for a Loan Percentage: Group for any Distribution Date will equal 100% minus the Senior Prepayment Percentage for such Loan Group for such date.

• For this capability the following REP criteria were met: 1.a.1, 1.d.1, 1.e.1, 3.a.1, 3.b.1, 3.d.1 and 3.d.2. Emergency Public Information and Warning: Claiborne County Sheriff’s Office, Port Gibson Police Department, and Claiborne County Emergency Management Agency (CCEMA) personnel were all knowledgeable on planning and conducting backup route alerting procedures in the event of a siren failure by the primary alert and notification system.

• On ------------------------------------------------------------- any Distribution Date, the Group I Subordinate Prepayment Percentage of the Principal Prepayment Amount for Loan Group I (exclusive of the portion thereof attributable to principal distributions to the Class I-P-L Regular Interests pursuant to clause (I)(a)(i) of the definition of "REMIC II Distribution Amount").

• For any Distribution Date, Group 1 Subordinate Prepayment Percentage of the Principal Prepayment Amount for Loan Group 1.

More Definitions of Subordinate Prepayment Percentage

Subordinate Prepayment Percentage. As to any Distribution Date and each Loan Group, 100% minus the related Senior Prepayment Percentage for such Distribution Date; provided, however, that if the aggregate Class Principal Balance of the related Senior Certificates (other than the Class P Certificates related to such Loan Group) has been reduced to zero, then the Subordinate Prepayment Percentage for that Loan Group will equal 100%.

Subordinate Prepayment Percentage. As to any Distribution Date and any Certificate Group, 100% minus the Senior Prepayment Percentage for such Certificate Group for such Distribution Date, except that on any Distribution Date after the Senior Final Distribution Date for any Certificate Group, the Subordinate Prepayment Percentage for each Certificate Group will equal 100%.

Subordinate Prepayment Percentage. With respect to each Loan Group and any Distribution Date, the difference between 100% and the related Senior Prepayment Percentage for such Distribution Date.

Subordinate Prepayment Percentage. For any Distribution Date, the excess of 100% over the Senior Prepayment Percentage for such Distribution Date; provided, however, that if the aggregate Class Principal Balance of the Class A and Residual Certificates has been reduced to zero, then the Subordinate Prepayment Percentage shall equal 100%.

Subordinate Prepayment Percentage. With respect to any Distribution Date and each Class of Subordinate Certificates, under the applicable circumstances set forth below, the respective percentages set forth below:

Subordinate Prepayment Percentage. For any Distribution Date and any Collateral Group, the excess of 100% over the Senior Prepayment Percentage for such Collateral Group. Initially, the Subordinate Prepayment Percentage for each Collateral Group shall be 0%.

Subordinate Prepayment Percentage. With respect to any Distribution Date and with respect to Loan Group 1, Loan Group 2, Loan Group 3, Loan Group 4, Loan Group 5 or Loan Group 6, 100% minus the related Senior Prepayment Percentage for such Distribution Date; provided, however, that if the aggregate Class Principal Balance of the Senior Certificates related to such Loan Group has been reduced to zero, then the Subordinate Prepayment Percentage for such Loan Group will equal 100%.