Common use of Senior Percentage Clause in Contracts

Senior Percentage. Initially 95.245145%. On any Distribution Date, the lesser of (i) 100% and (ii) the percentage obtained by dividing the aggregate Current Principal Amounts of all Group 2 Senior P&I Certificates immediately preceding such Distribution Date by the aggregate Scheduled Principal Balance of the Mortgage Loans (other than the PO Percentage) in the related Mortgage Loan Group immediately preceding such Distribution Date.

Senior Percentage. Initially 95.24514591.495132%. On any Distribution Date, the lesser of (i) 100% and (ii) the percentage obtained by dividing the aggregate Current Principal Amounts of all the Group 2 3 Senior P&I Certificates immediately preceding such Distribution Date by the aggregate Scheduled Principal Balance of the Mortgage Loans (other than the PO Percentage) in the related Mortgage Loan Group immediately preceding such Distribution Date.

Senior Percentage. Initially 95.24514596.715687%. On any Distribution Date, the lesser of (i) 100% and (ii) the percentage obtained by dividing the aggregate Current Principal Amounts of all the Group 2 4 Senior P&I Certificates immediately preceding such Distribution Date by the aggregate Scheduled Principal Balance of the Mortgage Loans (other than the PO Percentage) in the related Mortgage Loan Group immediately preceding such Distribution Date.

Senior Percentage. Initially 95.24514595.246619%. On any Distribution Date, the lesser of (i) 100% and (ii) the percentage (carried to six places rounded up) obtained by dividing the aggregate Current Principal Amounts of all the Group 2 1 Senior P&I Certificates immediately preceding such Distribution Date by the aggregate Scheduled Principal Balance of the Mortgage Loans (other than the PO Percentage) in the related Mortgage Loan Group immediately preceding such Distribution Date.

Senior Percentage. Initially 95.24514594.75%. On any Distribution Date, the lesser of (i) 100% and (ii) the percentage (carried to six places rounded up) obtained by dividing the aggregate Current Principal Amounts of all Group 2 Senior P&I the Class A Certificates and the Residual Certificate immediately preceding such Distribution Date by the aggregate Scheduled Principal Balance of all the Mortgage Loans (other than as of the PO Percentage) in beginning of the related Mortgage Loan Group immediately preceding such Distribution DateDue Period.

Senior Percentage. Initially 95.245145Initially, 97.00%. On any Distribution Date, the lesser of (i) 100% and (ii) the percentage (carried to six places rounded up) obtained by dividing the aggregate Current Principal Amounts Amount of all the Group 2 II-1 Senior P&I Certificates (other than the Interest Only Certificates) immediately preceding such Distribution Date by the aggregate Scheduled Principal Balance of the Group II-1 Mortgage Loans (other than as of the PO Percentage) in beginning of the related Mortgage Loan Group immediately preceding such Distribution DateDue Period.