Group II Allocation Percentage definition

Group II Allocation Percentage. With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is (i) the Group II Principal Remittance Amount for such Distribution Date, and the denominator of which is (ii) the Principal Remittance Amount for such Distribution Date.
Group II Allocation Percentage. The aggregate principal balance of the Group II Mortgage Loans divided by the sum of the aggregate principal balance of the Group I Mortgage Loans and Group II Mortgage Loans.
Group II Allocation Percentage. With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is (x) the Group II Overcollateralized Amount and the denominator of which is (y) the sum of the Group I Overcollateralized Amount, the Group II Overcollateralized Amount, the Group III Overcollateralized Amount and the Group IV Overcollateralized Amount.

Examples of Group II Allocation Percentage in a sentence

  • Group II Allocation The Group II Allocation Percentage for any Distribution Percentage: Date is the percentage equivalent of a fraction, the numerator of which is (i) the Group II Principal Remittance Amount for such Distribution Date, and the denominator of which is (ii) the Principal Remittance Amount for such Distribution Date.


More Definitions of Group II Allocation Percentage

Group II Allocation Percentage. For any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the aggregate Stated Principal Balance of the Group II Mortgage Loans on such Distribution Date plus any amounts on deposit in the Group II Pre-Funding Account and the denominator of which is the sum of the aggregate Stated Principal Balance of the Group I Mortgage Loans and the Group II Mortgage Loans on such Distribution Date plus any amounts on deposit in the Pre-Funding Accounts, in each case, as of the last day of the preceding calendar month.
Group II Allocation Percentage. With respect to the Group II Certificates and any Distribution Date, the percentage equivalent of a fraction, the numerator of which is (x) the Group
Group II Allocation Percentage. For any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the aggregate Stated Principal Balance of the Group II Mortgage Loans on such Distribution Date plus any amounts on deposit in the Group II Pre-Funding Account as of the close of business on such Distribution Date and the denominator of which is the sum of the aggregate Stated Principal Balance of the Group I Mortgage Loans on such Distribution Date and the Group II Mortgage Loans plus any amounts on deposit in the Pre-Funding Accounts as of the close of business on such Distribution Date.
Group II Allocation Percentage. With respect to any Distribution Date, the Aggregate Loan Group Balance of the Group II Mortgage Loans divided by the Aggregate Loan Balance, in each case as of the first day of the related Due Period.
Group II Allocation Percentage. For any Distribution Date, the aggregate Scheduled Principal Balance of the Group II Loans divided by the aggregate Scheduled Principal Balance of all of the Loans, in each case, as of the last day of the related Due Period (or as of the Cut-Off Date with respect to the first Distribution Date) (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period).
Group II Allocation Percentage. For any Distribution Date, the aggregate Stated Principal Balance of the Group II Mortgage Loans as of the close of business on the last day of the immediately preceding Due Period (after giving effect to scheduled payments of principal due on the Group II Loans during the related Due Period, to the extent received or advanced and unscheduled collections of principal received on the Group II Loans during the related Prepayment Period) divided by the sum of the aggregate Stated Principal Balance of the Group I Mortgage Loans and the Group II Mortgage Loans as of the close of business on the last day of the immediately preceding Due Period (after giving effect to scheduled payments of principal due on the Group II Loans the close of business on the last day of the immediately preceding Due Period, to the extent received or advanced and unscheduled collections of principal received on the Group II Loans during the related Prepayment Period).
Group II Allocation Percentage. For any Distribution Date, the percentage equivalent of a franction, the numerator of which is the aggregate Stated Principal Balance of the Group II Mortgage Loans plus any amounts on deposit in the Group II Pre-Funding Account and the denominator of which is the sum of the aggregate Stated Principal Balance of the Group I Mortgage Loans and the Group II Mortgage Loans plus any amounts on deposit in the Pre-Funding Accounts.