Class A-2 Percentage in relation to a Distribution Date means 100% less the Class A-1 Percentage for the Determination Date immediately preceding that Distribution Date.
Class A-2 Percentage. With respect to any Distribution Date, the lesser of 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Class A-2 Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) immediately prior to such Distribution Date; provided, that if the Certificate Principal Balances of the Class B Certificates and Class R Certificates are reduced to zero, then thereafter the Class A-2 Percentage as of any date of determination shall be 100% minus the then applicable Class A-1 Percentage.
Class A-2 Percentage. With respect to any Distribution Date, the lesser of 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Class A-2 Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) immediately prior to such Distribution Date; provided, that if the Certificate Principal Balances of the Class B-1 Certificates, the Class B-2 Certificates have been reduced to zero prior to such Distribution Date and if the Certificate Principal Balance of the Class R Certificate would be zero immediately after such Distribution Date if determined without regard to this proviso, then the Class A-2 Percentage as of such date of determination shall be 100% minus the then applicable Class A-1 Percentage.
Examples of Class A-2 Percentage in a sentence
The Class A1 Certificates will be paid the Class A1 Percentage and the Class A2 Certificates will be paid the Class A2 Percentage of the total Class A principal distribution amount.
LPA § 5.4. “‘Majority in Interest’ means a Partner or Partners whose Class A-2 Percentage Interest represent more than 50 percent of the Class A-2 Percentage Interests of all the Partners.” Id. § 1.91.
The aggregate original principal amount of the Class A-2 Notes will equal approximately 25.40% (the "Class A-2 Percentage") of the Original Pool Balance on the Closing Date.
The aggregate original principal amount of the Class A-2 Notes will equal approximately 30.36% (the "Class A-2 Percentage") of the Original Pool Balance on the Closing Date.
The computational grid can automatically adapt to provide improved resolution for lower computational cost than refining the entire grid.
More Definitions of Class A-2 Percentage
Class A-2 Percentage means the result, expressed as a percentage, -------------------- obtained by dividing: (i) the Original Class A-2 Principal Balance by (ii) the Original Note Principal Balance.
Class A-2 Percentage. With respect to each Distribution Date is 7.104044%.
Class A-2 Percentage means the result, expressed as a percentage, obtained by dividing: (i) the Original Class A-2 Principal Balance by (ii) the Original Note Principal Balance.
Class A-2 Percentage. With respect to any Distribution Date, the lesser of 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Class A-2 Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) (other than the aggregate of the related Discount Fraction of each such Stated Principal Balance) immediately prior to such Distribution Date; provided, that if the Certificate Principal Balances of the Class B Certificates and Class R-II Certificates are reduced to zero, then thereafter the Class A-2 Percentage as of any date of determination shall be 100% minus the then applicable Class A-1 Percentage.
Class A-2 Percentage. The Class A Subclass Principal Balance of the Class A-2 Certificates divided by the Pool Balance (Non-PO Portion).
Class A-2 Percentage. As to any Distribution Date, 100% minus the Class A-1 Percentage for such Distribution Date.
Class A-2 Percentage means, with respect to any Business Day, the percentage equivalent of a fraction, the numerator of which is the Class A-2 Invested Amount and the denominator of which is the Invested Amount, in each case as of the end of the preceding Business Day.