Aggregate Subordinate Percentage. As to any Distribution Date, the percentage equivalent of a fraction the numerator of which is the aggregate of the Class Certificate Principal Balances of the Classes of Subordinate Certificates and the denominator of which is the Pool Balance for such Distribution Date.
Aggregate Subordinate Percentage. As to any Distribution Date, the aggregate Class Certificate Balance of the Subordinate Certificates divided by the aggregate Pool Stated Principal Balance for all Loan Groups. Agreement: This Pooling and Servicing Agreement together with all amendments hereof and supplements hereto.
Aggregate Subordinate Percentage. As to any Distribution Date, the difference between 100% and the Aggregate Senior Percentage for such Distribution Date, but in no event less than zero.
Examples of Aggregate Subordinate Percentage in a sentence
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Section 11.07(a) Original Aggregate Subordinate Percentage.....................
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More Definitions of Aggregate Subordinate Percentage
Aggregate Subordinate Percentage. With respect to any Distribution Date, the sum of the Class Principal Amounts of the Subordinate Certificates immediately prior to such date divided by the sum of the Non-AP Pool Balances for all Mortgage Pools for the immediately preceding Distribution Date.
Aggregate Subordinate Percentage. With respect to the Subordinate Certificates and as of any Distribution Date, the aggregate Class Principal Balance for the Subordinate Certificates divided by the Aggregate Pool Principal Balance (net of the PO Percentage of the Scheduled Principal Balance of each Discount Mortgage Loan).
Aggregate Subordinate Percentage. For any Certificate Group at any time, the sum of the Class Principal Balances of the Subordinate Certificates divided by the sum of the outstanding principal balances for all the Mortgage Loans in the related Collateral Groups (other than the Applicable Fractions thereof allocable to the Class A-P Certificates).
Aggregate Subordinate Percentage. As to any Determination Date, the Class B Principal Balance divided by the sum of the Group I Pool Balance (Non-PO Portion) and the Group II Pool Balance (Non-PO Portion).
Aggregate Subordinate Percentage. As of any Distribution Date, the aggregate Class Principal Balance for the Subordinate Certificates immediately prior to such Distribution Date divided by the sum of the Group Pool Principal Balance for all of the Loan Groups.
Aggregate Subordinate Percentage. With respect to the Junior Certificates and as of any Determination Date, the aggregate Class Principal Balance for the Junior Certificates divided by the aggregate Pool Principal Balance (net of the PO Percentage of the Scheduled Principal Balance of each Discount Mortgage Loan).
Aggregate Subordinate Percentage. With respect to Aggregate Pool A on any Distribution Date is the percentage equivalent of a fraction, the numerator of which is the aggregate Class Principal Amount of the Aggregate Pool A Subordinate Certificates immediately prior to that date, and the denominator of which is the Pool Balance for Aggregate Pool A and such Distribution Date.