Examples of Subordinate Percentage in a sentence

The "Subordinate Percentage" with respect to any Payment Date and the Notes is the percentage equal to 100% minus the Senior Percentage for such Payment Date.
In the event that the Class Notional Amount for the Class 1A-H Reference Tranche is so increased as described in the prior sentence, this would have the effect of increasing the Senior Percentage correspondingly reducing the Subordinate Percentage, which would have a negative impact on the Notes in respect of the calculations of the Senior Reduction Amount and the Subordinate Reduction Amount, as described above.
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.
In the event that the Class Notional Amount for the Class A-H Reference Tranche is so increased as described in the prior sentence, this would have the effect of increasing the Senior Percentage and correspondingly reducing the Subordinate Percentage, which would have a negative impact on the Notes in respect of the calculations of the Senior Reduction Amount and the Subordinate Reduction Amount, as described above.

More Definitions of Subordinate Percentage

Subordinate Percentage. With respect to each Mortgage Pool and any Distribution Date, the difference between 100% and the related Senior Percentage for such Distribution Date.

Subordinate Percentage. As to any Distribution Date and any Certificate Group, 100% minus the Senior Percentage for such Certificate Group for such Distribution Date.

Subordinate Percentage. As to any Distribution Date and each Loan Group, the excess of 100% over the related Senior Percentage for that Distribution Date.

Subordinate Percentage. With respect to each Loan Group and any Distribution Date, the difference between 100% and the related Senior Percentage for such Loan Group and Distribution Date; provided, however, that on any Distribution Date occurring after a Senior Termination Date has occurred with respect to the Senior Certificates and Principal-Only Components related to two Loan Groups, the Subordinate Percentage will represent the entire interest of the Subordinate Certificates in the Mortgage Loans and will equal the difference between 100% and the related Senior Percentage for such Distribution Date.

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

Subordinate Percentage. With respect to any Distribution Date, the difference between 100% and the Senior Percentage for such Distribution Date. The initial Subordinate Percentage is 6.50%.