Common use of Factor Clause in Contracts

Factor. For any Distribution Date and (i) as to any Class of Mega Certificates or SMBS Certificates (other than SMBS Certificates evidencing beneficial interests in Excess Yield Amounts), the numerical equivalent (carried to eight decimal places) of a fraction, the numerator of which is the aggregate principal balance of the related Pooled Securities with respect to that Distribution Date (after giving effect to distributions thereon and any additions to the aggregate principal balance thereof) and the denominator of which is the aggregate principal balance of the Pooled Securities as of the Issue Date and (ii) as to any Class of SMBS Certificates evidencing beneficial interests in Excess Yield Amounts, a number (carried to eight decimal places) determined as specified in the related ▇▇▇▇▇▇ Mae Offering Document.

Factor. For any Distribution Date and (i) as to any Class of Mega Certificates or SMBS Certificates (other than SMBS Certificates evidencing beneficial interests in Excess Yield Amounts), the numerical equivalent (carried to eight decimal places) of a fraction, the numerator of which is the aggregate principal balance of the related Pooled Securities with respect to that Distribution Date (after giving effect to distributions thereon and any additions to the aggregate principal balance thereof) and the denominator of which is the aggregate principal balance of the Pooled Securities as of the Issue Date and (ii) as to any Class of SMBS Certificates evidencing beneficial interests in Excess Yield Amounts, a number (carried to eight decimal places) determined as specified in the related ▇▇▇▇▇▇ Mae ▇▇▇ Offering Document.