Common use of Applied Realized Loss Amount Clause in Contracts

Applied Realized Loss Amount. On each Distribution Date, based on the information furnished by the Servicer, the Trustee shall determine the total Applied Realized Loss Amounts for the Fixed Rate Group for such Distribution Date. Such Applied Realized Loss Amounts shall be applied by reducing the Certificate Principal Balance of each Class of Subordinate Certificates beginning with the Class B-1A Certificates, and then the Class M Certificates then outstanding with the highest numerical Class designation, in each case until the respective Certificate Principal Balance thereof is reduced to zero. Any Applied Realized Loss Amount allocated to a Class of Certificates shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests.

Applied Realized Loss Amount. On each Distribution Date, based on the information furnished by the Servicer, the Trustee shall determine the total Applied Realized Loss Amounts for the Fixed Rate Group for such Distribution Date. Such Applied Realized Loss Amounts shall be applied by reducing the Certificate Principal Balance of each Class of Subordinate Certificates beginning with the Class B-1A B-1F Certificates, and then the Class M Certificates then outstanding with the highest numerical Class designation, in each case until the respective Certificate Principal Balance thereof is reduced to zero. Any Applied Realized Loss Amount allocated to a Class of Certificates shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests.

Applied Realized Loss Amount. On each Distribution Date, based on the information furnished by the Servicer, the Trustee shall determine the total of the Applied Realized Loss Amounts for the Fixed Rate each Mortgage Loan Group for such Distribution Date. Such The Applied Realized Loss Amounts Amount for each Mortgage Loan Group for any Distribution Date shall be applied by reducing the Certificate Principal Balance of each Class of Subordinate Certificates beginning with the related Class B-1A B Certificates, and then the related Class M Certificates then outstanding with the highest numerical Class designation, in each case until the respective Certificate Principal Balance thereof is reduced to zero. Any Applied Realized Loss Amount allocated to a Class of Certificates shall be allocated among the Certificates of such Class in proportion to their respective Percentage Interests.