Group I Subordinate Principal Distribution Amount. For any Distribution Date, the excess of (A) the sum of (i) the Group I Subordinate Percentage of the Principal Payment Amount for Loan Group I (exclusive of the portion thereof attributable to principal distributions to the Class I-P-L Regular Interest pursuant to clause (I)(a)(i) of the definition of "REMIC I Distribution Amount"), (ii) the Group I Subordinate Principal Prepayments Distribution Amount (without regard to the proviso in the definition thereof) and (iii) the Group I Subordinate Liquidation Amount over (B) the amounts required to be distributed to the Class I-P-L Regular Interest pursuant to clause (I)(a)(v) and (I)(a)(vi) of the definition of "REMIC I Distribution Amount" on such Distribution Date. On any Distribution Date, the Group I Subordinate Principal Distribution Amount shall be allocated pro rata, by Class Principal Balance, among the Classes of Group I-B-L Regular Interests and paid in the order of distribution to such Classes pursuant to clause (I)(a) of the definition of "REMIC I Distribution Amount" except as otherwise stated in such definition. Notwithstanding the foregoing, on any Distribution Date prior to distributions on such date, if the Subordination Level for any Class of Group I-B-L Regular Interests is less than such Subordination Level as of the Closing Date, the pro rata portion of the Group I Subordinate Principal Prepayments Distribution Amount otherwise allocable to the Class or Classes of Group I-B-L Regular Interests junior to such Class will be distributed to the most senior Class of Group I-B-L Regular Interests for which the Subordination Level is less than the Subordination Level as of the Closing Date, and to the Class or Classes of Group I-B-L Regular Interests senior thereto, pro rata according to the Class Principal Balances of such Classes. For purposes of this definition and the definition of "Subordination Level," the relative seniority, from highest to lowest, of the Group I-B-L Regular Interests shall be as follows: Class I-B-1-L, Class I-B-2-L, Class I-B-3-L, Class I-B-4-L, Class I-B-5-L and Class I-B-6-L.
Group I Subordinate Principal Distribution Amount is greater than the sum of the amounts specified in clauses (A)(i) and (A)(iii) of such definition, then the Group I Subordinate Principal Prepayments Distribution Amount shall be reduced by the amount of such excess.
Group I Subordinate Principal Distribution Amount. With respect to any Distribution Date and the Group I Subordinate Certificates, will equal the excess of (A) the sum of (i) the related Subordinate Percentage of the Principal Payment Amount for Loan Group I (exclusive of the portion attributable to the related Class P Principal Distribution Amount), (ii) the related Subordinate Prepayment Percentage of the Principal Prepayment Amount for Loan Group I (exclusive of the portion attributable to the related Class P Principal Distribution Amount), and (iii) the Subordinate Liquidation Amount for Loan Group I over (B) the amounts required to be distributed to the Class A-P Certificates pursuant to Section 4.01(A)(f)(i) on that Distribution Date.
More Definitions of Group I Subordinate Principal Distribution Amount
Group I Subordinate Principal Distribution Amount. For any Distribution Date, the sum of (I) the excess of (A) the sum of (i) the Group I Subordinate Percentage of the Principal Payment Amount for Loan Group I (exclusive of the portion thereof attributable to the Class I- PO Principal Distribution Amount), (ii) the Group I Subordinate Prepayment Percentage of the Principal Prepayment Amount for Loan Group I (exclusive of the portion thereof attributable to the Class I-PO Principal Distribution Amount) and (iii) the Group I Subordinate Liquidation Amount over (B) the sum of (i) the amounts required to be distributed to the Class I-PO Certificates pursuant to Section 4.02(a)(I)(a)(iv) on such Distribution Date and (ii) any payments made from the Available Distribution Amount for the Group I Certificates with respect to any transfer of principal to Group II Certificates pursuant to Section 4.02(a)(I)(c) and (II) if the Group I Certificates are the Transferee Group with respect to a Transfer Balance, then an amount equal to the Group I Subordinate Percentage of any amount transferred from the Lowest
Group I Subordinate Principal Distribution Amount. With respect to any Distribution Date and the Group I Subordinate Certificates and Loan Group I, will equal the sum of (i) the Group I Subordinate Percentage of the Group I Principal Payment Amount, (ii) the Group I Subordinate Prepayment Percentage of the Group I Principal Prepayment Amount, and (iii) the Group I Subordinate Liquidation Amount.
Group I Subordinate Principal Distribution Amount for any Payment Date will be the sum of the following amounts for each Loan Subgroup in Loan Group I for that Payment Date:
Group I Subordinate Principal Distribution Amount. With respect to any Distribution Date and the Subordinate Certificates for Loan Group I, the sum of (i) the Group I Subordinate Percentage of the Group I Principal Payment Amount, (ii) the Group I Subordinate Prepayment Percentage of the Group I Principal Prepayment Amount and (iii) the Group I Subordinate Liquidation Amount.
Group I Subordinate Principal Distribution Amount. On any Distribution Date, the excess of (A) the sum of (i) the Group I Subordinate Percentage of the Principal Payment Amount for Loan Group I (exclusive of the portion thereof attributable to principal distributions to the Class I-P Certificates pursuant to clause (I)(a)(i) of the definition of "REMIC II Distribution Amount"), (ii) the Group I Subordinate Principal Prepayments Distribution Amount (without regard to the proviso in the definition thereof) and (iii) the Group I Subordinate Liquidation Amount over (B) the amounts required to be distributed to the Class I-P Certificates pursuant to clauses (I)(a)(v) and (I)(a)(vi) of
Group I Subordinate Principal Distribution Amount. For any Distribution Date, an amount equal to the sum of:
Group I Subordinate Principal Distribution Amount. With respect to Group I, the aggregate amount payable as principal on the Group I Subordinate Certificates from Group I Available Funds for each Subgroup in Group I in accordance with Section 4.01(a), after application of Group I Available Funds for each such Subgroup to make payments on the Senior Certificates in such Subgroup as described in Section 4.01(a) (including amounts required to be paid as described in Section 4.01(a)) and giving effect to distributions of Accrued Certificate Interest to the Group I Subordinate Certificates in accordance with the priorities set forth in Section 4.01(a).