Common use of Senior Liquidation Amount Clause in Contracts

Senior Liquidation Amount. Percentage: For any Distribution Date, the excess of 100% over the Group 2 Senior Percentage for such date.

Appears in 2 contracts

Sources: Pooling and Servicing Agreement, Pooling and Servicing Agreement

Senior Liquidation Amount. Percentage: For any Distribution Date, the excess of 100% over the Group 2 Subgroup 1-1 Senior Percentage for such date.

Appears in 2 contracts

Sources: Pooling and Servicing Agreement (Washington Mutual Mortgage Pass-Through Certificates, WMALT Series 2007-1), Pooling and Servicing Agreement (Washington Mutual Mortgage Pass-Through Certificates, WMALT Series 2007-4)

Senior Liquidation Amount. Percentage: For any Distribution Date, the excess of 100% over the Group 2 3 Senior Percentage for such date.

Appears in 2 contracts

Sources: Pooling and Servicing Agreement, Pooling and Servicing Agreement

Senior Liquidation Amount. Group 5 Subordinate Percentage: For any Distribution Date, the excess of 100% over the Group 2 5 Senior Percentage for such date.

Appears in 1 contract

Sources: Pooling and Servicing Agreement

Senior Liquidation Amount. Percentage: For any Distribution Date, the excess of 100% over the Group 2 4 Senior Percentage for such date.

Appears in 1 contract

Sources: Pooling and Servicing Agreement

Senior Liquidation Amount. Percentage: For any Distribution Date, the excess of 100% over the Group 2 1 Senior Percentage for such date.

Appears in 1 contract

Sources: Pooling and Servicing Agreement