Common use of Senior Liquidation Amount Clause in Contracts

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. Group 2 3 Subordinate Percentage: For any Distribution Date, the excess of 100% over the Group 2 3 Senior Percentage for such date. Group 2 3 Subordinate Prepayment Percentage: For any Distribution Date, the excess of 100% over the Group 2 3 Senior Prepayment Percentage for such Distribution Date; provided, however, that if the aggregate Class Principal Balance of the Group 23-A Certificates has been reduced to zero, then the Group 2 3 Subordinate Prepayment Percentage shall equal 100%.

Senior Liquidation Amount. Group 2 3 Subordinate Percentage: For any Distribution Date, the excess of 100% over the Group 2 3 Senior Percentage for such date. Group 2 3 Subordinate Prepayment Percentage: For any Distribution Date, the excess of 100% over the Group 2 3 Senior Prepayment Percentage for such Distribution Date; provided, however, that if the aggregate Class Principal Balance of the Group 23-A and Residual Certificates has been reduced to zero, then the Group 2 3 Subordinate Prepayment Percentage shall equal 100%.