Common use of Principal Distribution Amount Clause in Contracts

Principal Distribution Amount. The Class B-2 Principal Distribution Amount is equal to the excess of (i) the sum of (A) the aggregate Class Certificate Balance of the Class A Certificates (after taking into account distribution of the Class A Principal Distribution Amount for such Distribution Date) and (B) the Class Certificate Balance of the Class B-2 Certificates immediately before such Distribution Date over (ii) the lesser of (A) approximately 89.40% of the aggregate Stated Principal Balances of all of the Mortgage Loans as of the last day of the related Remittance Period (after giving effect to principal prepayments received in the Prepayment Period related to such Distribution Date) and (B) an amount, not less than zero, equal to the aggregate Stated Principal Balance of all of the Mortgage Loans as of the last day of the related Remittance Period (after giving effect to principal prepayments received in the Prepayment Period related to such Distribution Date) minus the product of 0.50% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

Principal Distribution Amount. The Class B-2 B-1 Principal Distribution Amount is equal to the excess of (i) the sum of (A) the aggregate Class Certificate Balance of the Class A Certificates (after taking into account distribution of the Class A Principal Distribution Amount for such Distribution Date) and (B) the Class Certificate Balance of the Class B-2 B-1 Certificates immediately before such Distribution Date over (ii) the lesser of (A) approximately 89.4086.90% of the aggregate Stated Principal Balances of all of the Mortgage Loans as of the last day of the related Remittance Period (after giving effect to principal prepayments received in the Prepayment Period related to such Distribution Date) and (B) an amount, not less than zero, equal to the aggregate Stated Principal Balance of all of the Mortgage Loans as of the last day of the related Remittance Period (after giving effect to principal prepayments received in the Prepayment Period related to such Distribution Date) minus the product of 0.50% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.