Prepayment Shift Percentage definition

Prepayment Shift Percentage. Not applicable.
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Prepayment Shift Percentage. As to any Distribution Date occurring during the five years beginning on the first Distribution Date, 0%. Thereafter, the Prepayment Shift Percentage for any Distribution Date occurring on or after the fifth anniversary of the first Distribution Date will be as follows: for any Distribution Date in the first year thereafter, 30%; for any Distribution Date in the second year thereafter, 40%; for any Distribution Date in the third year thereafter, 60%; for any Distribution Date in the fourth year thereafter, 80%; and for any Distribution Date thereafter, 100%.
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Prepayment Shift Percentage. As to any Distribution Date, the percentage indicated below:
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Examples of Prepayment Shift Percentage in a sentence

  • Thereafter, the NAS Prepayment Shift Percentage for any Distribution Date occurring on or after the fifth anniversary of the first Distribution Date will be as follows: for any Distribution Date in the first year thereafter, 30%; for any Distribution Date in the second year thereafter, 40%; for any Distribution Date in the third year thereafter, 60%; for any Distribution Date in the fourth year thereafter, 80%; and for any subsequent Distribution Date, 100%.

  • Distribution Amounts for Loan Group 1, (B) the Shift Percentage and (C) the Group I Priority Percentage and (ii) the product of (A) Unscheduled Principal Distribution Amounts for Loan Group 1, (B) the Prepayment Shift Percentage and (C) the Group I Priority Percentage.

  • For any Distribution Date will be the percentage indicated below: Class A-__ and Class A-__ Distribution Date Occurring In Prepayment Shift Percentage ------------------------------ --------------------------- _________ 1999 through ______ 2004.........

  • Senior Prepayment On any distribution date, the sum of (1) the Percentage: Senior Percentage and (2) the product of (a) the Senior Principal Prepayment Shift Percentage for that distribution date multiplied by (b) the Subordinate Percentage for that distribution date.

  • Group 1, (B) the Shift Percentage and (C) the Priority Percentage and (ii) the product of (A) Unscheduled Principal Distribution Amounts for Loan Group 1, (B) the Priority Percentage and (C) the Prepayment Shift Percentage, each as of such Distribution Date.


More Definitions of Prepayment Shift Percentage

Prepayment Shift Percentage. As to any Distribution Date, the percentage indicated below: Prepayment Shift Distribution Date Occurring In Percentage ------------------------------ ----------
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Prepayment Shift Percentage. As to any Distribution Date, the percentage indicated below: Prepayment Shift Distribution Date Occurring In Percentage ------------------------------ ---------- November 1999 through October 2004.............. 0% November 2004 through October 2005.............. 30% November 2005 through October 2006.............. 40% November 2006 through October 2007.............. 60% November 2007 through October 2008.............. 80% November 2008 and thereafter.................... 100%
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Prepayment Shift Percentage. As to any Distribution Date, the percentage indicated below: Distribution Date Occurring In Prepayment Shift Percentage
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Prepayment Shift Percentage. As to any Distribution Date, the percentage indicated below: Prepayment Distribution Date Occurring In Shift ------------------------------ Percentage ----------
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Prepayment Shift Percentage. As to any Distribution Date, the percentage indicated below: Distribution Date Occurring In Shift Percentage -------------------------------------------------------------- ---------------- August 2007 through July 2012 0% August 2012 through July 2013 30% August 2013 through July 2014 40% August 2014 through July 2015 60% August 2015 through July 2016 80% August 2016 and thereafter 100% Principal Adjustment: In the event that the Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount or Class B-6 Optimal Principal Amount is calculated in accordance with the proviso in such definition with respect to any Distribution Date, the Principal Adjustment for such Class of Class B Certificates shall equal the difference between (i) the amount that would have been distributed to such Class as principal in accordance with Section 4.01(a) for such Distribution Date, calculated without regard to such proviso and assuming there are no Principal Adjustments for such Distribution Date and (ii) the Adjusted Principal Balance for such Class.
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Prepayment Shift Percentage. As to any Distribution Date, the percentage indicated below: Distribution Date Occurring In Class A-4 Prepayment Shift Percentage
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Prepayment Shift Percentage. As to any Distribution Date, the percentage indicated below: Distribution Date Occurring In Prepayment Shift Percentage April 1998 through March 2003................ 0% April 2003 through March 2004................ 30% April 2004 through March 2005................ 40% April 2005 through March 2006................ 60% April 2006 through March 2007................ 80% April 2007 and thereafter.................... 100%
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