Group II Senior Percentage. If on any Distribution Date the allocation to the Group II Certificates of Principal Prepayments in the percentage required would reduce the sum of the Class Principal Balances of the Group II Certificates below zero, the Group II Senior Prepayment Percentage for such Distribution Date shall be limited to the percentage necessary to reduce such sum to zero.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 2001-8), Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 2001-8)
Group II Senior Percentage. If on any Distribution Date the allocation to the Group II Class IIA Certificates and Class R Certificate of Principal Prepayments in the percentage required would reduce the sum of the Class Principal Balances of the Group II Class IIA Certificates below zero, the Group II Senior Prepayment Percentage for such Distribution Date shall be limited to the percentage necessary to reduce such sum to zero.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 2001-1a)
Group II Senior Percentage. If on any Distribution Date the allocation to the Group II Senior Certificates and the Group II Subordinate Certificates of Principal Prepayments in the percentage required would reduce the sum of the Class Principal Balances of the Group II Senior Certificates and the Group II Subordinate Certificates below zero, the Group II Senior Prepayment Percentage for such Distribution Date shall be limited to the percentage necessary to reduce such sum to zero.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp)
Group II Senior Percentage. If on any Distribution Date the allocation to the Group II Class IIA Certificates and Class R Certificate of Principal Prepayments in the percentage required would reduce the sum of the Class Principal Balances of the Group II Class IIA Certificates, Class R Certificate and the Subordinate Certificates below zero, the Group II Senior Prepayment Percentage for such Distribution Date shall be limited to the percentage necessary to reduce such sum to zero.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 2002-1a)
