Group 1 Subordinate Percentage definition

Group 1 Subordinate Percentage. On any Distribution Date, 100% minus the Group 1 Senior Percentage.

Group 1 Subordinate Percentage. For any Distribution Date, the excess of 100% over the Group 1 Senior Percentage for such date. Group 1 Subordinate Prepayment Percentage: For any Distribution Date, the excess of 100% over the Group 1 Senior Prepayment Percentage for such Distribution Date; provided, however, that if the sum of the aggregate Class Principal Balance of the Class 1A, Class 1A-1B, Class 1X-PPP and Residual Certificates and the aggregate Component Principal Balance of the Class CA Group 1 Components has been reduced to zero, then the Group 1 Subordinate Prepayment Percentage shall equal 100%.

Group 1 Subordinate Percentage means, with respect to any Payment Date and the Group 1 Notes, the percentage equal to 100% minus the Group 1 Senior Percentage for such Payment Date.

Examples of Group 1 Subordinate Percentage in a sentence

• The "Group 1 Subordinate Percentage" with respect to any Payment Date and the Group 1 Notes is the percentage equal to 100% minus the Group 1 Senior Percentage for such Payment Date.

• On the Closing Date, the Group 1 Subordinate Percentage will be 3.75%.

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

• On the Closing Date, the Group 1 Subordinate Percentage will be 4.00%.

• The "Group 1 Subordinate Percentage" with respect to any Payment Date and the Group 1 Notes is the percentage equal to 100% minus the Group 1 Senior Percentage for such Payment Date.The "Group 2 Subordinate Percentage" with respect to any Payment Date and the Group 2 Notes is the percentage equal to 100% minus the Group 2 Senior Percentage for such Payment Date.

More Definitions of Group 1 Subordinate Percentage

Group 1 Subordinate Percentage. For any Distribution Date, the excess of 100% over the Group 1 Senior Percentage for such date. Group 1 Subordinate Prepayment Percentage: For any Distribution Date, the excess of 100% over the Group 1 Senior Prepayment Percentage for such Distribution Date; provided, however, that if the aggregate Class Principal Balance of the Group 1-A and Residual Certificates has been reduced to zero, then the Group 1 Subordinate Prepayment Percentage shall equal 100%.

Group 1 Subordinate Percentage. With respect to any Loan Group within Collateral Pool 1 and any Distribution Date, 100% minus the Group 1 Senior Percentage for that Loan Group and Distribution Date.

Group 1 Subordinate Percentage means, with respect to each Payment Date and the Group 1 Notes, 100% minus the Group 1 Senior Percentage for such Payment Date.

Group 1 Subordinate Percentage. With respect to a Group 1 loan group and any Distribution Date, 100% minus the Group 1 Senior Percentage for that loan group and Distribution Date.

Group 1 Subordinate Percentage. For any Distribution Date, the excess of 100% over the Group 1 Senior Percentage for such date. Group 1 Subordinate Prepayment Percentage: For any Distribution Date, the excess of 100% over the Group 1 Senior Prepayment Percentage for such Distribution Date; provided, however, that if the sum of the aggregate Class Principal Balance of the Class 1A and Residual Certificates and the aggregate Component Principal Balance of the Class CA-1B1 Group 1, Class CA-1B2 Group 1, Class CA-1B3 Group 1, Class CA-1B4 Group 1 and Class CX-PPP Group 1 Components has been reduced to zero, then the Group 1 Subordinate Prepayment Percentage shall equal 100%.

Group 1 Subordinate Percentage. As to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the aggregate of the Class Principal Balances of the Classes of Group 1 Subordinate Certificates and the denominator of which is the Pool Balance of the Group 1 Mortgage Loans for such Distribution Date.

Group 1 Subordinate Percentage. As to any Distribution Date, the percentage which is the difference between 100% and the Class 1A Percentage for such date.