Lockout Distribution Percentage. With respect to the Class A-6 Certificates and any Distribution Date, the indicated percentage of the Lockout Certificate Percentage for such Distribution Date: Distribution Date Occurring In Percentage July 2005 through June 2008 0% July 2008 through June 2009 45% July 2009 through June 2010 80% July 2010 through June 2011 100% July 2011 and thereafter 300%
Lockout Distribution Percentage. For the Class AF-6 Certificates and any Distribution Date means the indicated percentage of the Lockout Certificate Percentage for such Distribution Date: DISTRIBUTION DATE OCCURRING IN PERCENTAGE May 2004 through April 2007 0% May 2007 through April 2009 45% May 2009 through April 2010 80% May 2010 through April 2011 100% May 2011 and thereafter 300%
Lockout Distribution Percentage. With respect to any Distribution Date, the percentage indicated below: Distribution Date Lockout Distribution Percentage: ____________ through ___________ __% ___________ through ____________ __% of the Lockout Certificate Percentage ___________ through ___________ __% of the Lockout Certificate Percentage ___________ through ___________ ___% of the Lockout Certificate Percentage ___________ and thereafter the lesser of (x) ___% of the Lockout Certificate Percentage and (y) ___% Notwithstanding the foregoing, if the Certificate Principal Balances of the Class A Certificates (other than the Lockout Certificates) have been reduced to zero, the Lockout Distribution Percentage will be equal to ____%.
Examples of Lockout Distribution Percentage in a sentence
The Lockout Distribution Percentage for any distribution date occurring after the first three years following the closing date will be as follows: o for any distribution date during the fourth and fifth years after the closing date, 45% o for any distribution date during the sixth year after the closing date, 80% o for any distribution date during the seventh year after the closing date, 100% o for any distribution date thereafter, the lesser of: o 300% of the Lockout Certificate Percentage and o 100%.
Lockout Distribution Percentage -- For any distribution date occurring prior to the distribution date in _________ , 0%.
S-46 Notwithstanding the foregoing, if the Certificate Principal Balances of the Class A-I Certificates, other than the Lockout Certificates, have been reduced to zero, the Lockout Distribution Percentage will be equal to 100%.
Notwithstanding the foregoing, if the Certificate Principal Balances of the Group II Class A Certificates (other than the Group II Lockout Certificates) have been reduced to zero, the Group II Lockout Distribution Percentage will be equal to 100%.
CLASS A-I-6 LOCKOUT DISTRIBUTION PERCENTAGE: The Class A-I-6 Lockout Distribution Percentage is assigned as follows: (i) Between October 2002 and September 2005: 0%; (ii) Between October 2005 and September 2007: 45%; (iii) Between October 2007 and September 2008: 80%; (iv) Between October 2008 and September 2009: 100%; (v) October 2009 and thereafter: 300%.
More Definitions of Lockout Distribution Percentage
Lockout Distribution Percentage. With respect to any Distribution Date, the percentage indicated below: Distribution Date Lockout Distribution Percentage ------------------------------------- ------------------------------- December 1999 through November 2004 0% December 2004 through November 2005 30% December 2005 through November 2006 40% December 2006 through November 2007 60% December 2007 through November 2008 80% November 2008 and thereafter 100%
Lockout Distribution Percentage. With respect to any Distribution Date, the percentage indicated below: Distribution Date Lockout Distribution Percentage --------------------------------------------- ------------------------------------------------------- January 1999 through December 2001 0% January 2002 through December 2003 45% of the Lockout Certificate Percentage January 2004 through December 2004 80% of the Lockout Certificate Percentage January 2005 through December 2005 100% of the Lockout Certificate Percentage January 2006 and thereafter the lesser of (x) 300% of the Lockout Certificate Percentage and (y) 100% Notwithstanding the foregoing, if the Certificate Principal Balances of the Class A Certificates (other than the Lockout Certificates) have been reduced to zero, the Lockout Distribution Percentage will be equal to 100%.
Lockout Distribution Percentage. With respect to any Distribution Date, the percentage indicated below: Distribution Date Lockout Distribution Percentage --------------------------------------------- ------------------------------------------------------- May 1999 through April 2002 0% May 2002 through April 2004 45% of the Lockout Certificate Percentage May 2004 through April 2005 80% of the Lockout Certificate Percentage May 2005 through April 2006 100% of the Lockout Certificate Percentage the lesser of (x) 300% of the Lockout May 2006 and thereafter Certificate Percentage and (y) 100% Notwithstanding the foregoing, if the Certificate Principal Balances of the Group I Certificates (other than the Class A-6 Certificates) have been reduced to zero, the Lockout Distribution Percentage will be equal to 100%.
Lockout Distribution Percentage. For any Distribution Date occurring prior to the Distribution Date in June 2002, 0%. For any Distribution Date occurring after May 2002 but prior to June 2003, 30%. For any Distribution Date occurring after May 2003 but prior to June 2004, 40%. For any Distribution Date occurring after May 2004 but prior to June 2005, 60%. For any Distribution Date occurring after May 2005 but prior to June 2006, 80%. For any Distribution Date after May 2006, 100%.
Lockout Distribution Percentage. With respect to the Class AF-4 Certificates and any Distribution Date, the indicated percentage of the Lockout Certificate Percentage for such Distribution Date: Distribution Date Occurring In Percentage August 2005 through July 2008 0% August 2008 through July 2010 45% August 2010 through July 2011 80% August 2011 through July 2012 100% August 2012 and thereafter 300%
Lockout Distribution Percentage. With respect to the Class A-5 Certificates and each Distribution Date, the indicated percentage of the Lockout Certificate Percentage for such Distribution Date: Lockout Distribution Month of Distribution Date Percentage -------------------------- ---------- April 2001 through March 2004........................... 0% April 2004 through March 2006........................... 45% April 2006 through March 2007........................... 80% April 2007 through March 2008........................... 100% April 2008 and thereafter............................... 300% Nothwithstanding the foregoing, if the Certificate Principal Balances of the Class A Certificates (other than the Class A-5 Certificates and Class A-IO Certificates) and the Class R Certificates have been reduced to zero, the Lockout Distribution Percentage will be equal to 100%.
Lockout Distribution Percentage. As of any Distribution Date occurring prior to the Distribution Date in November 2001, 0%. As of any Distribution Date occurring after the first five years following the Closing Date as follows: for any Distribution Date during the sixth year after the Closing Date, 30%; for any Distribution Date during the seventh year after the Closing Date, 40%; for any Distribution Date during the eighth year after the Closing Date, 60%; for any Distribution Date during the ninth year after the Closing Date, 80%; and for any Distribution Date thereafter, 100%.