Senior Liquidation Amount. For any Distribution Date, the sum of (A) the aggregate, for each Group 1 Loan which became a Liquidated Mortgage Loan during the Prior Period, of the lesser of: (i) the Group 1 Senior Percentage of the Principal Balance of such Mortgage Loan (exclusive of the Class 1-P Fraction thereof, with respect to any Class 1-P Mortgage Loan) and (ii) the Group 1 Senior Prepayment Percentage of the Liquidation Principal with respect to such Mortgage Loan and (B) the Group 1 Senior Prepayment Percentage of any Subsequent Recoveries for Loan Group 1 for such Distribution Date.
Senior Liquidation Amount. As to any Distribution Date, the aggregate, for each Mortgage Loan in Loan Group 6 which became a Liquidated Mortgage Loan during the prior calendar month, of the lesser of (i) the Group 6 Senior Percentage of the Stated Principal Balance of such Mortgage Loan and (ii) the applicable Senior Prepayment Percentage of the Liquidation Principal with respect to such Mortgage Loan.
Senior Liquidation Amount. Group 2 Subordinate Percentage: For any Distribution Date, the excess of 100% over the Group 2 Senior Percentage for such date. Group 2 Subordinate Prepayment Percentage: For any Distribution Date, the excess of 100% over the Group 2 Senior Prepayment Percentage for such Distribution Date; provided, however, that if the aggregate Class Principal Balance of the Group 2-A Certificates has been reduced to zero, then the Group 2 Subordinate Prepayment Percentage shall equal 100%.
Senior Liquidation Amount. Subgroup 1-2 Subordinate Balance: For any date of determination, an amount equal to the then outstanding aggregate Principal Balance of the Subgroup 1-2 Loans reduced by the aggregate Class Principal Balance of the Subgroup 1-2 REMIC II Regular Interests.
Senior Liquidation Amount. Subgroup 1-1 Subordinate Percentage: For any Distribution Date, the excess of 100% over the Subgroup 1-1 Senior Percentage for such date.
Senior Liquidation Amount. Group 5 Subordinate Percentage: For any Distribution Date, the excess of 100% over the Group 5 Senior Percentage for such date. Group 5 Subordinate Prepayment Percentage: For any Distribution Date, the excess of 100% over the Group 5 Senior Prepayment Percentage for such Distribution Date; provided, however, that if the Class 5-A Principal Balance has been reduced to zero, then the Group 5 Subordinate Prepayment Percentage shall equal 100%.
Senior Liquidation Amount. Subgroup 2-A4 Subordinate Balance: For any date of determination, an amount equal to the then outstanding aggregate Principal Balance of the Subgroup 2-A4 Loans reduced by the sum of (i) the aggregate Class Principal Balance of the Subgroup 2-A4 Certificates. Subgroup 2-A4 Subordinate Percentage: For any Distribution Date, the excess of 100% over the Subgroup 2-A4 Senior Percentage for such date. Subgroup 2-A4 Subordinate Prepayment Percentage: For any Distribution Date, the excess of 100% over the Subgroup 2-A4 Senior Prepayment Percentage for such Distribution Date; provided, however, that if the aggregate Class Principal Balance of the Subgroup 2-A4 Certificates has been reduced to zero, then the Subgroup 2-A4 Subordinate Prepayment Percentage shall equal 100%.
Senior Liquidation Amount. 58 Subgroup 1 Senior Percentage..................................................................58 Subgroup 1 Senior Prepayment Percentage or Subgroup 2 Senior Prepayment Percentage............58 Subgroup 1 Subordinate Balance................................................................60 Subgroup 1 Subordinate Percentage.............................................................60 Subgroup 1 Subordinate Prepayment Percentage..................................................60 Subgroup 1-L Regular Interests................................................................60 Subgroup 2....................................................................................60 Subgroup 2 Certificates.......................................................................60
Senior Liquidation Amount. 31 TABLE OF CONTENTS (continued)
Senior Liquidation Amount. Subgroup I-1 Subordinate Component Balance: For any date of ------------------------------------------ determination, an amount equal to the then outstanding aggregate Principal Balance of the Subgroup I-1 Loans reduced by (i) the Subgroup I-1 Senior Component Balance and (ii) the Class I-P Fraction of any Class I-P Mortgage Loan.
