Common use of Applied Realized Loss Amount Clause in Contracts

Applied Realized Loss Amount. As to the Class B-1 Certificates and as of any Distribution Date, the lesser of (a) the Class Certificate Balance thereof (after taking into account the distribution of the Principal Distribution Amount on that Distribution Date, but prior to the application of the Class B-1 Applied Realized Loss Amount, if any, on that Distribution Date) and (b) the excess of (i) the Realized Loss Amount as of that Distribution Date over (ii) the sum of the Class B-2 Applied Realized Loss Amount and the Class B-3 Applied Realized Loss Amortization Amount, in each case as of that Distribution Date. Class B-1 Certificate Any Certificate executed and authenticated by the Trustee substantially in the form attached hereto as Exhibit A-4 and designated as a Class B-1 Certificate.

Applied Realized Loss Amount. As to the Class B-1 M-6 Certificates and as of any Distribution Date, the lesser of (a) the Class Certificate Balance thereof (after taking into account the distribution of the Principal Distribution Amount on that Distribution Date, but prior to the application of the Class B-1 M-6 Applied Realized Loss Amount, if any, on that Distribution Date) and (b) the excess of (i) the Realized Loss Amount as of that Distribution Date over (ii) the sum of the Class B-1 Applied Realized Loss Amount, the Class B-2 Applied Realized Loss Amount and the Class B-3 Applied Realized Loss Amortization Amount, in each case as of that Distribution Date. Class B-1 M-6 Certificate Any Certificate executed and authenticated by the Trustee substantially in the form attached hereto as Exhibit A-4 A-3 and designated as a Class B-1 M-6 Certificate.

Applied Realized Loss Amount. As to the Class B-1 M-5 Certificates and as of any Distribution Date, the lesser of (a) the Class Certificate Balance thereof (after taking into account the distribution of the Principal Distribution Amount on that Distribution Date, but prior to the application of the Class B-1 M-5 Applied Realized Loss Amount, if any, on that Distribution Date) and (b) the excess of (i) the Realized Loss Amount as of that Distribution Date over (ii) the sum of the Class M-6 Applied Realized Loss Amount, the Class B-1 Applied Realized Loss Amount, the Class B-2 Applied Realized Loss Amount and the Class B-3 Applied Realized Loss Amortization Amount, in each case as of that Distribution Date. Class B-1 M-5 Certificate Any Certificate executed and authenticated by the Trustee substantially in the form attached hereto as Exhibit A-4 A-3 and designated as a Class B-1 M-5 Certificate.