Subordinated Percentage definition

Subordinated Percentage. As to any Distribution Date, 100% minus the Senior Percentage for such Distribution Date.
Subordinated Percentage. As to any Distribution Date, the percentage which is the difference between 100% and the Class A Percentage for such date.
Subordinated Percentage. As to any Distribution Date on or prior to the second Senior Termination Date and any Loan Group, 100% minus the Senior Percentage for the Senior Certificate Group relating to such Loan Group for such Distribution Date. As to any Distribution Date after the second Senior Termination Date, 100% minus the Senior Percentage for such Distribution Date.

Examples of Subordinated Percentage in a sentence

  • Section 11.06 Original Aggregate Subordinated Percentage................

  • The Negative Carry Subordinated Amount shall be reduced by the product of (i) the amount so applied and (ii) 1.00 plus the Subordinated Percentage.

  • Determination of Prefunding Tranche.Among all Tranches of the Prefunding Class, the “ Prefunding Tranche” is, if only one Tranche has the largest Required Subordinated Percentage of the Determinant Class of Notes, such Tranche, and if more than one Tranche shares the largest Required Subordinated Percentage of the Determinant Class of Notes, each such Tranche.

  • For a Distribution Date and Loan Group, an amount equal to the Subordinated Percentage for that Distribution Date relating to that Loan Group of the aggregate of the applicable Non-PO Percentage of the Stated Principal Balance of each Mortgage Loan in such Loan Group as of the Due Date occurring in the month prior to the month of that Distribution Date (after giving effect to Principal Prepayments received in the Prepayment Period related to such Due Date).

  • The Class 1-A Subordinated Percentage, the Class 2-A Subordinated Percentage or the Class 3-A Subordinated Percentage, as the case may be.


More Definitions of Subordinated Percentage

Subordinated Percentage means the percentage equivalent of a fraction (a) the numerator of which is the Subordination Factor and (b) the denominator of which is the excess of 100%, over the Subordination Factor.
Subordinated Percentage. For any Distribution Date and each Certificate Group, 100% minus the related Senior Percentage.
Subordinated Percentage. As of any Distribution Date, the difference between 100% and the Non-PO Class A Percentage.
Subordinated Percentage. As to any Distribution Date on or prior to the third Senior Termination Date and any Loan Group, 100% minus the Senior Percentage for the Senior Certificate Group relating to such Loan Group for such Distribution Date. As to any Distribution Date after the third Senior Termination Date, 100% minus the Senior Percentage for such Distribution Date.
Subordinated Percentage. As to any Loan Group and Distribution Date on or prior to the sixth Senior Termination Date, 100% minus the Senior Percentage for the Senior Certificate Group relating to such Loan Group for such Distribution Date. As to any Distribution Date after the sixth Senior Termination Date, 100% minus the Senior Percentage for such Distribution Date.
Subordinated Percentage. As to any Distribution Date and Loan Group, 100% minus the Senior Percentage for such Distribution Date.