Class A-4 Lockout Percentage definition

Class A-4 Lockout Percentage. For each Payment Date, as follows: Payment Date Class A-4 occurring in Lockout Percentage --------------------- ------------------ July 1997 - June 2000 0% July 2000 - June 2002 45% July 2002 - June 2003 80% July 2003 - June 2004 100% July 2004 and thereafter 300%
Sample 1
Class A-4 Lockout Percentage. Means the following related percentage with respect to each of the following respective distribution dates: Distribution Dates Class A-4 Lockout Percentage ------------------ ---------------------------- 1-36 0% 37-60 45% 61-72 80% 73-84 100% 85 and thereafter 300% Class A-4 Pass-Through Rate: The lesser of (x) with respect to each Interest Period ending on or prior to the Clean-Up Call Date, 6.409% per annum, and for each Interest Period thereafter, 6.909% per annum and (y) the Available Funds Cap.
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Class A-4 Lockout Percentage. With respect to any Distribution Date, the lesser of (I) (A) the Outstanding Certificate Principal Balance of the Class A-4 Certificates divided by (B) the Non-PO Allocated Amount, in each case immediately prior to the Distribution Date and (II) 100.00%.
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Examples of Class A-4 Lockout Percentage in a sentence

  • The Class A-4 Principal Distribution Amount is equal to the Class A-4 Lockout Percentage multiplied by the Class A-4 pro-rata allocation of the Principal Distribution Amount.

  • The Class A-4 Lockout Percentage is equal to the following: Distribution Dates Class A-4 Lockout Percentage ------------------ ---------------------------- 1 - 36 0% 37 - 60 45% 61 - 72 80% 73 - 84 100% 85 and thereafter 300% 9 GREENWICH CAPITAL -------------------------------------------------------------------------------- This information is furnished to you solely by Greenwich Capital Markets, Inc.


More Definitions of Class A-4 Lockout Percentage

Class A-4 Lockout Percentage. For each Distribution Date is as follows: Distribution Dates Lockout Percentage ------------------ ------------------ November 1999-October 2002 0% November 2002-October 2004 45% November 2004-October 2005 80% November 2005-October 2006 100% November 2006 and thereafter 300%
Sample 1
Class A-4 Lockout Percentage. With respect to each Payment Date, the applicable percentage set forth below:
Sample 1
Class A-4 Lockout Percentage means, as to any Payment Date occurring during the periods set forth below, the percentage designated as such as follows:
Sample 1
Class A-4 Lockout Percentage. On any Distribution Date occurring during the periods set forth below will be as follows: Period (dates inclusive) Lockout Prepayment Percentage August 25, 2005 - July 25, 2010 0% August 25, 2010 - July 25, 2011 30% August 25, 2011 - July 25, 2012 40% August 25, 2012 - July 25, 2013 60% August 25, 2013 - July 25, 2014 80% August 25, 2014 and thereafter 100%
Sample 1
Class A-4 Lockout Percentage. As to each Distribution Date, shall be as follows: DISTRIBUTION DATES LOCKOUT PERCENTAGE ------------------ ------------------ [______] [_____] - [______] [_____] [__]% [______] [_____] - [______] [_____] [__]% [______] [_____] - [______] [_____] [__]% [______] [_____] - [______] [_____] [__]% [______] [_____] and thereafter [__]% Notwithstanding the foregoing, if the aggregate Certificate Principal Balance of the Class A Certificates, other than the Class A-4 Certificates, has been reduced to zero, the Lockout Percentage shall be [__]%.
Sample 1
Class A-4 Lockout Percentage. With respect to each Distribution Date occurring during the indicated periods means the indicated percentage: Class A-4 Period Lockout Percentage ------ ------------------ ___________ 199_ - ______ 200_ __% ___________ 200_- ______ 200_ __% ___________ 200_ - ______ 200_ __% ___________ 200_ - ______ 200_ __% ___________ 200_ and thereafter __%
Sample 1

Related to Class A-4 Lockout Percentage

  • Class B-4 Prepayment Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Prepayment Percentage by (ii) a fraction, the numerator of which is the Class B-4 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-4 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-4 Prepayment Percentage for such Distribution Date will be zero.

  • Lockout Percentage For any Distribution Date occurring prior to the Distribution Date in September 2011, 0%. For any Distribution Date occurring thereafter, as follows: 30% for any Distribution Date on or after September 2011 and prior to September 2012; 40% for any Distribution Date on or after September 2012 and prior to September 2013; 60% for any Distribution Date on or after September 2013 and prior to September 2014; 80% for any Distribution Date on or after September 2014 and prior to September 2015; and 100% for any Distribution Date thereafter. Maturity Date: August 25, 2036, the Distribution Date immediately following the latest scheduled maturity date of any Mortgage Loan.

  • Class B-5 Prepayment Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Prepayment Percentage by (ii) a fraction, the numerator of which is the Class B-5 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-5 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-5 Prepayment Percentage for such Distribution Date will be zero.

  • Class B-6 Prepayment Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Prepayment Percentage by (ii) a fraction, the numerator of which is the Class B-6 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-6 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-6 Prepayment Percentage for such Distribution Date will be zero.

  • Class B-4 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-4 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-4 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-4 Percentage for such Distribution Date will be zero.

  • Class B-1 Prepayment Percentage As to any Distribution Date, the percentage calculated by multiplying the Subordinated Prepayment Percentage by either (i) if any Class B Certificates (other than the Class B-1 Certificates) are eligible to receive principal distributions for such Distribution Date in accordance with Section 4.01(d), a fraction, the numerator of which is the Class B-1 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d) or (ii) except as set forth in Section 4.01(d)(ii), in the event that the Class B Certificates (other than the Class B-1 Certificates) are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), one.

  • Class B-2 Prepayment Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Prepayment Percentage by (ii) a fraction, the numerator of which is the Class B-2 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-2 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-2 Prepayment Percentage for such Distribution Date will be zero.

  • Class B-3 Prepayment Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Prepayment Percentage by (ii) a fraction, the numerator of which is the Class B-3 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-3 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-3 Prepayment Percentage for such Distribution Date will be zero.

  • Class B-6 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-6 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-6 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-6 Percentage for such Distribution Date will be zero.

  • Class B-2 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-2 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-2 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-2 Percentage for such Distribution Date will be zero.

  • Class A-4 Component The Component having such designation.

  • Original Class B-4 Percentage The Class B-4 Percentage as of the Cut-Off Date, as set forth in Section 11.11.

  • Original Class B-2 Percentage The Class B-2 Percentage as of the Cut-Off Date, as set forth in Section 11.09.

  • Class B-5 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-5 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-5 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-5 Percentage for such Distribution Date will be zero.

  • Class B-3 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-3 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-3 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-3 Percentage for such Distribution Date will be zero.

  • Original Class B-6 Percentage The Class B-6 Percentage as of the Cut-Off Date, as set forth in Section 11.13.

  • Original Class B-3 Percentage The Class B-3 Percentage as of the Cut-Off Date, as set forth in Section 11.10.

  • Class B-1 Percentage As to any Distribution Date, the percentage calculated by multiplying the Subordinated Percentage by either (i) if any Class B Certificates (other than the Class B-1 Certificates) are eligible to receive principal distributions for such Distribution Date in accordance with Section 4.01(d), a fraction, the numerator of which is the Class B-1 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d) or (ii) except as set forth in Section 4.01(d)(ii), in the event that the Class B Certificates (other than the Class B-1 Certificates) are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), one.

  • Class C Percentage means at any time the percentage equivalent of a fraction, the numerator of which is the Outstanding Amount of the Class C Notes and the denominator of which is the sum of the Outstanding Amount of all the Notes.

  • Original Class B-1 Percentage The Class B-1 Percentage as of the Cut-Off Date, as set forth in Section 11.08.

  • Class A Percentage means 100% minus the Class B Percentage.

  • Class A-2 Component The Component having such designation.

  • Class A Principal Percentage means, with respect to any Monthly Period (i) during the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class A Invested Amount as of the last day of the immediately preceding Monthly Period and the denominator of which is the Invested Amount as of such day and (ii) during the Controlled Accumulation Period, the Early Amortization Period or any Partial Amortization Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class A Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated and the denominator of which is the Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated; provided, however, that with respect to the first Monthly Period, the Class A Principal Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Class A Initial Invested Amount and denominator of which is the Initial Invested Amount.

  • Original Class A Percentage The Class A Percentage as of the Cut-Off Date, as set forth in Section 11.04.

  • Original Class B-5 Percentage The Class B-5 Percentage as of the Cut-Off Date, as set forth in Section 11.12.

  • Prepayment Percentage As of the Closing Date, approximately 0%, and thereafter, with respect to any Distribution Date, the excess of 100% over the Senior Prepayment Percentage.