Common use of Allocation of Losses Clause in Contracts

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xi) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xix) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts Balance of the each Class of Subordinate Certificates will (other than the Class P Certificates) shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to in reduction of the Class B2 Principal Balance of the Class B Certificates, until the Class Principal Amount Balance thereof has been reduced to zero; (ii) to in reduction of the Class B1 Principal Balance of the Class M-4 Certificates, until the Class Principal Amount Balance thereof has been reduced to zero; (iii) to in reduction of the Class M9 Principal Balance of the Class M-3 Certificates, until the Class Principal Amount Balance thereof has been reduced to zero; (iv) to in reduction of the Class M8 Principal Balance of the Class M-2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount Balance thereof has been reduced to zero; and (xiv) to in reduction of the Class M1 Principal Balance of the Class M-1 Certificates, until the Class Principal Amount Balance thereof has been reduced to zero. (b) Any Realized Losses so allocated to a Class of Certificates shall be allocated among the Certificates of such Class in proportion to their respective principal balances. Any allocation of an Applied Loss Amount pursuant to this Section shall be accomplished by reducing the Class Principal Balance of the applicable Class and the principal balance of each related Certificate on the applicable Distribution Date.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xi) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B-1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M-2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 M-1 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xiiv) to the Classes of Senior Certificates, pro rata, in accordance with their respective Class M1 Principal Amounts; provided, however, that (i) any Realized Loss that would otherwise be allocable to the Class 1-A-1 Certificates will instead be allocated to the Class 1-A-2 Certificates, until the Class Principal Amount thereof has been reduced to zero, (ii) any Realized Loss that would otherwise be allocable to the Class 2-A-1 Certificates will instead be allocated to the Class 2-A-2 Certificates, until the Class Principal Amount thereof has been reduced to zero, (iii) any Realized Loss that would otherwise be allocable to the Class 3-A-1 and Class 3-A-2 Certificates will instead be allocated, pro rata, to the Class 3-A-3 Certificates until the Class Principal Amount thereof has been reduced to zero, and (ii) any Realized Loss that would otherwise be allocable to the Class 4-A-1 Certificates will instead be allocated to the Class 4-A-2 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B1 and Class B2 Certificates, on a pro rata basis, until the Class Principal Amount thereof of each such Class has been reduced to zero; (ii) to the Class B1 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xiviii) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xiix) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts of the Subordinate Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xi) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts of the Subordinate Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7 and Class B Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xiviii) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Senior Certificates and Subordinate Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xi) to the Class M1 A9 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Securities Administrator (after giving effect to all distributions made on such Distribution Date) shall allocate any Applied Loss Amount for such date to reduce the Certificate Principal Amounts of the Subordinate Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class B5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class B4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class B3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class B2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iivii) to the Class B1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viviii) to the Class M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Certificate Amount thereof has been reduced to zero; (ix) to the Class M3 M5 Certificates, until the Class Principal Certificate Amount thereof has been reduced to zero; (x) to the Class M4 Certificates, until the Class Certificate Amount thereof has been reduced to zero; (xi) to the Class M3 Certificates, until the Class Certificate Amount thereof has been reduced to zero; (xii) to the Class M2 Certificates, until the Class Principal Certificate Amount thereof has been reduced to zero; and (xixiii) to the Class M1 Certificates, until the Class Principal Certificate Amount thereof has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Senior Certificates and the Subordinate Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xiviii) to the Class M1 A10 and Class A11 Certificates, on a pro rata basis, until the Class Principal Amount of each such Class thereof has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 B2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 B1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (x) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero;. (xxi) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and. (xixii) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7, Class M8 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xiix) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. On each Distribution DateDate on or prior to a Section 7.01(d) Purchase Event, the Class Principal Amounts of the Subordinate Offered Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M10 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (x) to the Class M2 M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (xi) concurrently (1) to the extent of any Applied Loss Amounts allocable to Pool 1, to the Group 1 Senior Certificates, pro rata, based on their respective Class Principal Amounts, until their respective Class Principal Amounts are reduced to zero; provided, however, that any Applied Loss Amounts otherwise allocable to the Class 1-A1A Certificates will be applied in reduction of the Class Principal Amount of the Class 1-A1B Certificates, until the Class Principal Amount of the Class 1-A1B Certificates has been reduced to zero; and (xi2) to the extent of any Applied Loss Amounts allocable to Pool 2, to the Group 2 Senior Certificates, pro rata, based on their respective Class M1 Principal Amounts, until their respective Class Principal Amounts are reduced to zero; provided, however, that any Applied Loss Amounts otherwise allocable to the Class 2-A3A Certificates will be applied in reduction of the Class Principal Amount of the Class 2-A3B Certificates, until the Class Principal Amount thereof of the Class 2-A3B Certificates has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Class A5, Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7 and Class B1 Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xiix) to the Class M1 A5 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7, Class M8, Class M9, Class B1 and Class B2 Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xi) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. (a) On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Certificates will shall be reduced by the amount of any Pool 1-2 Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M9-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M8-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M7-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M6-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M5-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M4-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M3-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M2-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 M1-I Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the of such Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xix) concurrently, on the basis of Realized Losses on the related Mortgage Pool, (a) pro rata (i) sequentially, first to the Class 1-A1B Underlying Interest until its Class Principal Amount has been reduced to zero and second, pro rata, to the Class 1-A1A Underlying Interest and Class 1-A2A Underlying Interest until their respective Class Principal Amounts have been reduced to zero and (ii) to the Class M1 1-A3 Underlying Interest until its Class Principal Amount has been reduced to zero and (b) first, to the Class 2-A1B Underlying Interest until its Class Principal Amount has been reduced to zero, and second, to the Class 2-A1A Underlying Interest until their respective Class Principal Amounts has been reduced to zero. Realized losses allocated to the Class 1-A1A Underlying Interest, Class 1-A1B Underlying Interest, Class 1-A2A Underlying Interest, Class 1-A3 Underlying Interest, Class 2-A1A Underlying Interest and Class 2-A1B Underlying Interest will be allocated to the Class 1-A1A, Class 1-A1B, Class 1-A2A, Class 1-A3, Class 2-A1A and Class 2-A1B Certificates, respectively. (b) On each Distribution Date, the aggregate Class Principal Amount of the Certificates shall be reduced by the amount of any Pool 3 Applied Loss Amount for such date, in the following order of priority: (i) to the Class M9-II Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class M8-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (iii) to the Class M7-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (iv) to the Class M6-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (v) to the Class M5-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (vi) to the Class M4-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (vii) to the Class M3-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (viii) to the Class M2-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (ix) to the Class M1-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; and (x) sequentially, first to the Class 3-A4 Underlying Interest until its Class Principal Amount has been reduced to zero and second, pro rata, to the Class 3-A1 Underlying Interest, Class 3-A2 Underlying Interest and Class 3-A3 Underlying Interest until their respective Class Principal Amounts have been reduced to zero. Realized losses allocated to the Class 3-A1 Underlying Interest, Class 3-A2 Underlying Interest, Class 3-A3 Underlying Interest and Class 3-A4 Underlying Interest will be allocated to the Class 3-A1, Class 3-A2, Class 3-A3 and Class 3-A4 Certificates, respectively.

Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts of the Subordinate Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xi) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero. (b) Notwithstanding anything to the contrary in Section 5.02(e)(i)(A)(3), on the last Distribution Date, any losses allocated to the Class A1 and Class A5 Certificates will be distributed to the Class A5 and Class A1 Certificates sequentially, in that order, until each such class has been paid to zero. Losses shall be allocated to the Group 1 Senior Certificates only on the last Distribution Date, and not on any other Distribution Date.

Allocation of Losses. (a) On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) sequentially, first, to the Class M5 Certificates, A3 Certificates until the their Class Principal Amount thereof has been reduced to zero; (viii) , second, to the Class M4 Certificates, A2 Certificates until the their Class Principal Amount thereof has been reduced to zero; (ix) , and third, to the Class M3 Certificates, A1 Certificates until the their Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xi) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zeroin that order.

Allocation of Losses. (a) On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Certificates will shall be reduced by the amount of any Pool 1 Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 1-M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 1-M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 1-M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 1-M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 1-M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 1-M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 1-M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 1-M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 1-M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the of such Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xix) concurrently (a) pro rata (i) to the Class 1-A1 Certificates until their Class Principal Amount has been reduced to zero, (ii) sequentially, first, to the Class 1-A2B Underlying Interest until its Class Principal Amount has been reduced to zero, and second, to the Class 1-A2A Underlying Interest until its Class Principal Amount has been reduced to zero, in that order, and (iii) to the Class 1-A3 Underlying Interest until its Class Principal Amount has been reduced to zero and (b) sequentially, first, to the Class 1-A4C Certificates until their Class Principal Amount has been reduced to zero, second, to the Class 1-A4B Underlying Interest until its Class Principal Amount has been reduced to zero, and third, to the Class 1-A4A Certificates until their Class Principal Amount has been reduced to zero, in that order. Realized losses allocated to the Class 1-A2A Underlying Interest, Class 1-A2B Underlying Interest, Class 1-A3 Underlying Interest and Class 1-A4B Underlying Interest will be allocated to the Class 1-A2A, Class 1-A2B, Class 1-A3 and Class 1-A4B Certificates, respectively. (b) On each Distribution Date, the aggregate Class Principal Amount of the Certificates shall be reduced by the amount of any Pool 2 Applied Loss Amount for such date, in the following order of priority: (i) to the Class 2-M9 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (ii) to the Class 2-M8 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (iii) to the Class 2-M7 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (iv) to the Class 2-M6 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (v) to the Class 2-M5 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (vi) to the Class 2-M4 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (vii) to the Class 2-M3 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (viii) to the Class 2-M2 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (ix) to the Class 2-M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and (x) sequentially, first, to the Class 2-A3 Certificates until their Class Principal Amount has been reduced to zero, second, to the Class 2-A2 Certificates until their Class Principal Amount has been reduced to zero, and third, to the Class 2-A1 Certificates until their Class Principal Amount has been reduced to zero, in that order.

Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts Balance of the each Class of Subordinate Certificates will (other than the Class P Certificates) shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to in reduction of the Class B2 Principal Balance of the Class B-2 Certificates, until the Class Principal Amount Balance thereof has been reduced to zero; (ii) to in reduction of the Class B1 Principal Balance of the Class B-1 Certificates, until the Class Principal Amount Balance thereof has been reduced to zero; (iii) to in reduction of the Class M9 Principal Balance of the Class M-4 Certificates, until the Class Principal Amount Balance thereof has been reduced to zero; (iv) to in reduction of the Class M8 Principal Balance of the Class M-3 Certificates, until the Class Principal Amount Balance thereof has been reduced to zero; (v) to in reduction of the Class M7 Principal Balance of the Class M-2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount Balance thereof has been reduced to zero; and (xivi) to in reduction of the Class M1 Principal Balance of the Class M-1 Certificates, until the Class Principal Amount Balance thereof has been reduced to zero. (b) Any Realized Losses so allocated to a Class of Certificates shall be allocated among the Certificates of such Class in proportion to their respective principal balances. Any allocation of an Applied Loss Amount pursuant to this Section shall be accomplished by reducing the Class Principal Balance of the applicable Class and the principal balance of each related Certificate on the applicable Distribution Date.

Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts of the Subordinate Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7, Class M8, Class M9 and Class B Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xix) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts of the Subordinate Class 1-A Certificates will and the Class 1-M Certificates shall be reduced by the amount of any Pool 1 Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 1-M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 1-M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 1-M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xiiv) to the Class 1-A Certificates, pro rata based on their respective Class Principal Amounts, until their respective Class Principal Amount are reduced to zero. (b) On each Distribution Date, the Class Principal Amounts of the Class 2-A Certificates and the Class 2-M Certificates shall be reduced by the amount of any Pool 2 Applied Loss Amount for such date, in the following order of priority: (i) to the Class 2-M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class 2-M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (iii) to the Class 2-A Certificates, pro rata based on their respective Class Principal Amounts, until their respective Class Principal Amount are reduced to zero.

Allocation of Losses. On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the of such Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xix) concurrently, on the basis of Realized Losses on the related Mortgage Pool, (a) concurrently (i) first, to the Class M1 Certificates, 1-A2BU Certificates until the their Class Principal Amount thereof has been reduced to zero and second, pro rata, to the Class 1-A1AU, Class 1-A2A1 and Class 1-A2A2U Certificates, until their respective Class Principal Amounts have been reduced to zero and (ii) first, to the Class 1-A3BU Certificates until their respective Class Principal Amounts has been reduced to zero and second, pro rata, to the Class 1-A3A and Class 1-A4 Certificates, until their respective Class Principal Amounts have been reduced to zero and (b) first, to the Class 2-A2 Certificates and second, to the Class 2-A1 Certificates, until their respective Class Principal Amounts have been reduced to zero. Realized losses allocated to the underlying Class 1-A1AU, Class 1-A2A2U, Class 1-A2BU and Class 1-A3BU Certificates will be allocated to the Class 1-A1A, Class 1-A2A2, Class 1-A2B and Class 1-A3B Certificates, respectively.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7, Class M8, Class M9 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xix) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts of the Subordinate Class M Certificates will and the Class B Certificates shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 B3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 B2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 B1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (x) to the Class M3 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (xi) to the Class M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and (xixii) to the Class M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero.

Allocation of Losses. (a) On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Group I Certificates will shall be reduced by the amount of any Pool 1-2 Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M9-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M8-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M7-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M6-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M5-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M4-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M3-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M2-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 M1-I Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the of such Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xix) pro rata, on the basis of Realized Losses on the related Mortgage Pool (A) sequentially (i) to the Class M1 1-A3 Certificates and (ii) concurrently to (a) the Class 1-A1B Certificates and (b) sequentially, to the Class 1-A2 Certificates and to the Class 1-A1A Certificates, in that order, and (B) to the Class 2-A Certificates, in each case, until their respective Class Principal Amounts have been reduced to zero. (b) On each Distribution Date, the aggregate Class Principal Amount of the Group II Certificates shall be reduced by the amount of any Pool 3 Applied Loss Amount for such date, in the following order of priority: (i) to the Class M6-II Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class M5-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (iii) to the Class M4-II Certificates, until the Class Principal Amount of such Class has been reduced to zero (iv) to the Class M3-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (v) to the Class M2-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (vi) to the Class M1-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; and (vii) concurrently to (i) the Class 3-A2 Certificates and (ii) first, the Class 3-A1B Certificates and second, the Class 3-A1A Certificates, in each case, until their respective Class Principal Amounts have been reduced to zero.

Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts of the Group 1 Subordinate Certificates will shall be reduced by the amount of any Pool 1 Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 1-M3 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (ii) to the Class 1-M2 Certificates, until the Class Principal Amount of such Class has been reduced to zero; and (iii) to the Class 1-M1 Certificates, until the Class Principal Amount of such Class has been reduced to zero. (b) On each Distribution Date, the Class Principal Amounts of the Group 2 Certificates shall be reduced by the amount of any Pool 2 Applied Loss Amount for such date, in the following order of priority: (i) to the Class 2-M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 2-M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 2-M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xiiv) to the Class M1 Group 2 Senior Certificates, until the pro rata, based on their respective Class Principal Amount thereof has been Amounts, until their respective Class Principal Amounts are reduced to zero.

Allocation of Losses. On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the of such Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xiix) sequentially, first, to the Class M1 Certificates, A3 Certificates until the their Class Principal Amount thereof has been reduced to zero, second, to the Class A2 Certificates until their Class Principal Amount has been reduced to zero, and third, to the Class A1 Certificates until their Class Principal Amount has been reduced to zero, in that order.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Class A4, Class M1, Class M2, Class M3, Class M4, Class M5, Class M6 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xiviii) to the Class M1 A4 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. On each Distribution DateDate on or prior to a Section 7.01(d) Purchase Event, the aggregate, the Class Principal Amounts of the Subordinate Offered Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Senior Certificates, pro rata, based on their respective Class M4 Principal Amounts, until their respective Class Principal Amounts are reduced to zero; provided, however, that any Applied Loss Amounts otherwise allocable to the Class A1, Class A2 and Class A3 Certificates shall be allocated to the Class A4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to of the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xi) to the Class M1 Certificates, until the Class Principal Amount thereof A4 Certificates has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M11 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M10 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xi) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. (a) On each Distribution DateDate on or prior to a Section 7.01(d) Purchase Event relating to the Pooling REMIC 1 Regular Interests, the aggregate Class Principal Amounts Amount of the Subordinate Group 1 Certificates will shall be reduced by the amount of any Pool 1A-1B Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 1-M8 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (ii) to the Class 1-M7 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (iii) to the Class 1-M6 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (iv) to the Class 1-M5 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (v) to the Class 1-M4 Certificates, until the Class Principal Amount of such Class has been reduced to zero (vi) to the Class 1-M3 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (vii) to the Class 1-M2 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (viii) to the Class 1-M1 Certificates, until the Class Principal Amount of such Class has been reduced to zero; and (ix) to the Group 1A Senior Certificates, pro rata, (in the case of Realized Losses attributable to Mortgage Loans in Pool 1A) and to the Group 1B Senior Certificates (in the case of Realized Losses attributable to Mortgage Loans in Pool 1B); provided, that additional losses with respect to the Mortgage Loans in Pool 1A that would otherwise reduce the Class Principal Amounts of the Class 1A-A1 Certificates will instead be allocated to the Class 1A-A2 Certificates, until the Class 1A-A2 Certificates are reduced to zero, and then such losses will be allocated to the Class 1A-A1 Certificates until the Class Principal Amount of such Class has been reduced to zero; and in the case of additional losses on the Mortgage Loans in Pool 1B, losses otherwise allocable to the Class 1B-A1 and Class 1B-A2 Certificates will instead be allocated to the Class 1B-A3 Certificates, until the Class 1B-A3 Certificates are reduced to zero, and then such losses will be allocated to the Class 1B-A1 and Class 1B-A2 Certificates, pro rata based on Class Principal Amounts, until the Class Principal Amount of each such Class has been reduced to zero. (b) On each Distribution Date on or prior to a Section 7.01(d) Purchase Event relating to the Pooling REMIC 2 Regular Interests, the Class Principal Amounts of the Group 2 Certificates shall be reduced by the amount of any Pool 2 Applied Loss Amount for such date, in the following order of priority: (i) to the Class 2-M10 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 2-M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 2-M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 2-M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 2-M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 2-M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 2-M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 2-M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 2-M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 2-M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xi) to the Group 2 Senior Certificates, pro rata; provided, that additional losses with respect to the Mortgage Loans in Pool 2 that would otherwise reduce the Class Principal Amounts of the Class 2-A1, Class 2-A2 and Class 2-A3 Certificates will instead be allocated to the Class 2-A4 Certificates until the Class 2-A4 Certificates are reduced to zero, and then such losses will be allocated to the Class 2-A1, Class 2-A2 and Class 2-A3 Certificates, pro rata, based on Class Principal Amounts, until the Class Principal Amount of each such Class has been reduced to zero. (c) On each Distribution Date on or prior to a Section 7.01(d) Purchase Event relating to the Pooling REMIC 3 Regular Interests, the aggregate Class Principal Amount of the Group 3 Certificates shall be reduced by the amount of any Pool 3A-3B Applied Loss Amount for such date, in the following order of priority: (i) to the Class 3-M8 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (ii) to the Class 3-M7 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (iii) to the Class 3-M6 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (iv) to the Class 3-M5 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (v) to the Class 3-M4 Certificates, until the Class Principal Amount of such Class has been reduced to zero (vi) to the Class 3-M3 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (vii) to the Class 3-M2 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (viii) to the Class 3-M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Group 3A Senior Certificates, pro rata, (in the case of Realized Losses attributable to Mortgage Loans in Pool 3A) and to the Group 3B Senior Certificates, pro rata, (in the case of Realized Losses attributable to Mortgage Loans in Pool 3); provided, that additional losses with respect to the Mortgage Loans in Pool 3B that would otherwise reduce the Class Principal Amounts of the Class 3B-A1 and Class 3B-A2 Certificates will instead be allocated to the Class 3B-A3 Certificates, until the Class 3B-A3 Certificates are reduced to zero, provided, further, after the Class 3B-A3 have been reduced to zero, any losses otherwise allocable to the Class 3B-A1 Certificates will instead be allocated to the Class 3B-A2 Certificates, until the Class 3B-A2 Certificates are reduced to zero, and then such losses will be allocated to the Class 3B-A1 Certificates until the Class Principal Amount of such Class has been reduced to zero. (d) On each Distribution Date on or prior to a Section 7.01(d) Purchase Event relating to the Pooling REMIC 4 Regular Interests, the aggregate Class Principal Amount of the Group 4 Certificates shall be reduced by the amount of any Pool 4A-4B Applied Loss Amount for such date, in the following order of priority: (i) to the Class 4-M7 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (ii) to the Class 4-M6 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (iii) to the Class 4-M5 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (iv) to the Class 4-M4 Certificates, until the Class Principal Amount of such Class has been reduced to zero (v) to the Class 4-M3 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (vi) to the Class 4-M2 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (vii) to the Class 4-M1 Certificates, until the Class Principal Amount of such Class has been reduced to zero; and (viii) to the Group 4A Senior Certificates, pro rata, (in the case of Realized Losses attributable to Mortgage Loans in Pool 4A) and to the Group 4B Senior Certificates (in the case of Realized Losses attributable to Mortgage Loans in Pool 4B); provided, that additional losses with respect to the Mortgage Loans in Pool 4A that would otherwise reduce the Class Principal Amounts of the Class 4A-A1, Class 4A-A2 and Class 4A-A3 Certificates will instead be allocated to the Class 4A-A4 Certificates, until the Class 4A-A4 Certificates are reduced to zero, provided, further, that after the Class 4A-A4 Certificates have been reduced to zero, losses otherwise allocable to the Class 4A-A2 Certificates will instead be allocated to the Class 4A-A3 Certificates, until the Class 4A-A3 Certificates are reduced to zero, and then such losses will be allocated to the Class 4A-A2 Certificates until the Class Principal Amount of such Class has been reduced to zero; and, in the case of additional losses on the Mortgage Loans in Pool 4B that would otherwise reduce the Class Principal Amount of the Class 4B-A1 Certificates will instead be allocated to the Class 4B-A2 Certificates, until the Class 4B-A2 Certificates are reduced to zero, and then such losses will be allocated to the Class 4B-A1 Certificates until the Class Principal Amount of such Class has been reduced to zero.

Allocation of Losses. On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M10 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (x) to the Class M2 M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and (xi) to concurrently, on the basis of Realized Losses on the related Mortgage Pool, (a) concurrently (i) the Class M1 Certificates, 1-A1B Underlying Interest until the their Class Principal Amount thereof has been reduced to zero and second, the Class 1-A1A Certificates until their Class Principal Amount has been reduced to zero and (ii) first, the Class 1-A3B Underlying Interest until its Class Principal Amount has been reduced to zero and second, pro rata, the Class 1-A2A1 Certificates, Class 1-A2A2 Underlying Interest, Class 1-A3A1 Certificates and Class 1-A3A2 Underlying Interest until their respective Class Principal Amounts have been reduced to zero and (b) first, to the Class 2-A2 Underlying Interest and second, to the Class 2-A1 Underlying Interest, until their respective Class Principal Amounts have been reduced to zero. Realized losses allocated to the underlying Class 1-A1B Underlying Interest, Class 1-A2A2 Underlying Interest, Class 1-A3A2 Underlying Interest, Class 1-A3B Underlying Interest, Class 2-A1 Underlying Interest and Class 2-A2 Underlying Interest will be allocated to the Class 1-A1B, Class 1-A2A2, Class 1-A3A2, Class 1-A3B, Class 2-A1 and Class 2-A2 Certificates, respectively.

Allocation of Losses. On each Distribution DateDate on or prior to a Section 7.01(d) Purchase Event, the Class Principal Amounts of the Subordinate Offered Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M10 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xi) to the Class M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (xi) to the Senior Certificates, pro rata, based on their respective Class Principal Amounts, until their respective Class Principal Amounts are reduced to zero; provided, however, that any Applied Loss Amounts otherwise allocable to the Class A1A, Class A1B and Class A1C Certificates will be applied in reduction of the Class Principal Amount of the Class A2 Certificates, until the Class Principal Amount of the Class A2 Certificates has been reduced to zero.

Allocation of Losses. (a) On or prior to each Determination Date, the Master Servicer shall determine the amount of any Realized Loss in respect of each Mortgage Loan that occurred during the immediately preceding calendar month, based on information provided by the related Servicer. (b) With respect to any Certificates on any Distribution Date, the Class Principal Amounts principal portion of the Subordinate Certificates will each Realized Loss on a Mortgage Loan shall be reduced by the amount of any Applied Loss Amount for such dateallocated as follows: first, in the following order of priority: (i) to the Class B2 Certificates, B-6 Certificates until the Class Current Principal Amount thereof has been reduced to zero; (ii) ; second, to the Class B1 Certificates, B-5 Certificates until the Class Current Principal Amount thereof has been reduced to zero; (iii) ; third, to the Class M9 Certificates, B-4 Certificates until the Class Current Principal Amount thereof has been reduced to zero; (iv) ; fourth, to the Class M8 Certificates, B-3 Certificates until the Class Current Principal Amount thereof has been reduced to zero; (v) ; fifth, to the Class M7 Certificates, B-2 Certificates until the Class Current Principal Amount thereof has been reduced to zero; (vi) ; sixth, to the Class M6 Certificates, B-1 Certificates until the Class Current Principal Amount thereof has been reduced to zero; ; seventh, if such loss is on (viiv) a Group I Mortgage Loan, to the Class M5 Certificates, A-1 Certificates until the Class Current Principal Amount thereof has been reduced to zero; ; (viiiw) a Group I Mortgage Loan, to the Class M4 A-2 Certificates, until the Class Current Principal Amount thereof has been reduced to zero; ; or (ixx) a Group III Mortgage Loan, to the Class M3 Certificates, A-3 Certificates until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Current Principal Amount thereof has been reduced to zero; and (xi) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. (a) On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Certificates will shall be reduced by the amount of any Pool 1-2 Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M9-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M8-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M7-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M6-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M5-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M4-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M3-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M2-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 M1-I Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the of such Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xix) concurrently, on the basis of Realized Losses on the related Mortgage Pool, (a) sequentially, first, to the Class 1-A3 Certificates, second, to the Class 1-A2 Certificates and third, to the Class 1-A1 Certificates, (b) sequentially, first, to the Class 1C-A3 Certificates, second, to the Class 1C-A2 Certificates and third, to the Class 1C-A1 Certificates and (c) sequentially, first, to the Class 2-A3 Certificates, second, to the Class 2-A2 Certificates and third, to the Class 2-A1 Certificates, in each case until their respective Class Principal Amounts have been reduced to zero. (b) On each Distribution Date, the aggregate Class Principal Amount of the Certificates shall be reduced by the amount of any Pool 3-4 Applied Loss Amount for such date, in the following order of priority: (i) to the Class M1 M9-II Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class M8-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (iii) to the Class M7-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (iv) to the Class M6-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (v) to the Class M5-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (vi) to the Class M4-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (vii) to the Class M3-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (viii) to the Class M2-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (ix) to the Class M1-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; and (a) sequentially, first, to the Class 3-A2 Certificates and second, to the Class 3-A1 Certificates and (b) sequentially, first, to the Class 4-A3 Underlying Interest, second, pro rata, to the Class 4-A2A Underlying Interest and Class 4-A2B Underlying Interest and third, to the Class 4-A1 Underlying Interest, in each case until their respective Class Principal Amounts have been reduced to zero; provided, however, that any losses allocated to the Class 3-A2 and Class 4-A3 Certificates will be covered by the Certificate Insurance Policy.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Certificates and the Subordinate Senior Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xi) to the Class M1 A4-M Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. (a) On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M12 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M11 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M10 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (x) to the Class M3 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (xi) to the Class M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and; (xixii) to the Class M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (xiii) concurrently, on the basis of Realized Losses on the related Mortgage Pool, (a) sequentially (i) first, to the Class 1-A1B Underlying Interest until their Class Principal Amount has been reduced to zero and (ii) second, to the Class 1-A1A Underlying Interest until their Class Principal Amount has been reduced to zero, (b) to the Class 2-A Certificates until their Class Principal Amount has been reduced to zero and (c) pro rata to the Class 3-A1 Underlying Interest, Class 3-A2 Underlying Interest and Class 3-A3 Underlying Interest until their Class Principal Amounts have been reduced to zero. Realized losses allocated to the underlying Class 1-A1A Underlying Interest, Class 1-A1B Underlying Interest, Class 3-A1 Underlying Interest, Class 3-A2 Underlying Interest and Class 3-A3 Underlying Interest will be allocated to the Class 1-A1A, Class 1-A1B, Class 3-A1, Class 3-A2 and Class 3-A3 Certificates, respectively.

Allocation of Losses. (a) On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M12 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M11 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M10 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (x) to the Class M3 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (xi) to the Class M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and; (xixii) to the Class M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (xiii) concurrently, on the basis of Realized Losses on the related Mortgage Pool, (a) in the case of Pool 1, pro rata to (i) the Class 1-A1 Underlying Interest, (ii) sequentially, first, the Class 1-A2B Underlying Interest, and second, the Class 1-A2A Underlying Interest, in that order and (iii) the Class 1-A3 Underlying Interest, until the Class Principal Amount of each such Class is reduced to zero, (b) in the case of Pool 2, to the Class 2-A Certificates until their Class Principal Amount has been reduced to zero and (c) in the case of Pool 3, sequentially as follows: (i) first, to the Class 3-AC Underlying Interest and (ii) second, pro rata, (A) to the Class 3-A1A Underlying Interest and (B) sequentially, first, to the Class 3-A2B Certificates, and second, to the Class 3-A2A Certificates, in that order, in each case until the Class Principal Amount of each such Class has been reduced to zero. Realized losses allocated to the underlying Class 1-A1 Underlying Interest, Class 1-A2A Underlying Interest, Class 1-A2B Underlying Interest, Class 1-A3 Underlying Interest, Class 3-A1A Underlying Interest and Class 3-AC Underlying Interest will be allocated to the Class 1-A1, Class 1-A2A, Class 1-A2B, Class 1-A3, Class 3-A1A and Class 3-AC Certificates, respectively.

Allocation of Losses. (a) On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the of such Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xix) pro rata on the basis of Realized Losses on the related Mortgage Pool, (A) concurrently (i) first, to the Class M1 1-A4B Certificates and second, to the Class 1-A4A Certificates until their Class Principal Amounts have been reduced to zero, (ii) concurrently (a) the Class 1-A3A1 Specified Portion to, first, the Class 1-A3A1B Certificates and second, the Class 1-A3A1A Certificates until their Class Principal Amounts have been reduced to zero and (b) the Class 1-A3A2 Specified Portion to, first, the Class 1-A3A2B Certificates and second, the Class 1-A3A2A Certificates until their Class Principal Amounts have been reduced to zero, (iii) first, the Class 1-A2B Certificates and second, pro rata to the Class 1-A2A1 Certificates and Class 1-A2A2 Certificates until their Class Principal Amounts have been reduced to zero and (iv) first, the Class 1-A1B Certificates and second, pro rata, to the Class 1-A1A1 Certificates and Class 1-A1A2 Certificates until their Class Principal Amounts have been reduced to zero; and (B) first, to the Class 2-A1B and then to the Class 2-A1A Certificates, in each case, until the respective Class Principal Amount thereof of each such Class has been reduced to zero.

Allocation of Losses. (a) On or prior to each Determination Date, the Securities Administrator shall determine the amount of any Realized Loss in respect of each Mortgage Loan that occurred during the immediately preceding calendar month. (b) With respect to any Certificates on any Distribution Date, the Class Principal Amounts principal portion of the Subordinate Certificates will each Realized Loss on a Mortgage Loan shall be reduced by the amount of any Applied Loss Amount for such dateallocated as follows: first, in the following order of priority: (i) to the Class B2 Certificates, B-3 Certificates until the Class Certificate Principal Amount thereof has been reduced to zero; (ii) to the Class B1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount Balance thereof has been reduced to zero; and (xi) second, to the Class M1 B-2 Certificates until the Certificate Principal Balance thereof has been reduced to zero; third, to the Class B-1 Certificates until the Certificate Principal Balance thereof has been reduced to zero; fourth, to the Class M-3 Certificates until the Certificate Principal Balance thereof has been reduced to zero; fifth, to the Class M-2 Certificates until the Certificate Principal Balance thereof has been reduced to zero; sixth, to the Class M-1 Certificates until the Certificate Principal Balance thereof has been reduced to zero; and seventh, to the Senior Certificates, sequentially: first, to the Class X Certificates until the Class X-PO Component Principal Amount Balance has been reduced to zero; second, to the Class A-2 Certificates until the Certificate Principal Balance thereof has been reduced to zero; and third to the Class A-1 Certificates until the Certificate Principal Balance thereof has been reduced to zero. (c) Notwithstanding the other provisions of Section 6.02, the first $0.01 of Realized Losses shall not be allocated to any Class of Certificates.

Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts of the Subordinate Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7, Class M8, Class B1, Class B2, Class B3 and Class B4 Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 B3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 B2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 B1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (x) to the Class M3 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (xi) to the Class M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and (xixii) to the Class M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Class A7, Class A8, Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xiix) to the Class M1 A7 and Class A8 Certificates, proportionately on the basis of their Class Principal Amounts, until the Class Principal Amount Amounts thereof has have been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Class M Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M10 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xix) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Class A3, Class M1, Class M2, Class M3, Class M4, Class M5, Class M6 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xiviii) to the Class M1 A3 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the of such Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xix) concurrently, on the basis of Realized Losses on the related Mortgage Pool, (a) concurrently (i) the Class 1-A1B Underlying Interest until their Class Principal Amount has been reduced to zero and second, the Class 1-A1A Underlying Interest until their Class Principal Amount has been reduced to zero and (ii) first, the Class 1-A3B Underlying Interest until its Class Principal Amount has been reduced to zero and second, pro rata, the Class 1-A2A Certificates and Class 1-A3A Certificates until their respective Class Principal Amounts have been reduced to zero and (b) to the Class M1 Certificates, 2-A Underlying Interest until the their Class Principal Amount thereof has been reduced to zero. Realized losses allocated to the underlying Class 1-A1A Underlying Interest, Class 1-A1B Underlying Interest, Class 1-A3B Underlying Interest and Class 2-A Underlying Interest will be allocated to the Class 1-A1A, Class 1-A1B, Class 1-A3B and Class 2-A Certificates, respectively.

Allocation of Losses. On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M11 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M10 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and; (xi) to the Class M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and (xii) concurrently, (a) first, the Class 1-A2 Certificates until their Class Principal Amount has been reduced to zero and second, the Class 1-A1 Certificates until their Class Principal Amount has been reduced to zero; (b) first, the Class 2-A3 Certificates until their Class Principal Amount has been reduced to zero, second, the Class 2-A2 Certificates until their Class Principal Amount has been reduced to zero and third, the Class 2-A1 Certificates until their Class Principal Amount has been reduced to zero; and (c) concurrently (i) the Class 3-A5 Certificates until their Class Principal Amount has been reduced to zero, (ii) the Class 3-A4 Certificates until their Class Principal Amount has been reduced to zero, (iii) first, the Class 3-A3B Certificates and second, the Class 3-A3A Certificates until their Class Principal Amounts have been reduced to zero, (iv) first, the Class 3-A2B Certificates and second, the Class 3-A2A Certificates until their Class Principal Amounts have been reduced to zero and (v) first, the Class 3-A1B Certificates and second, the Class 3-A1A Certificates until their Class Principal Amounts have been reduced to zero.

Allocation of Losses. On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the of such Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xiix) to concurrently, on the basis of their Certificate Principal Amount as follows: (A) pro rata as follows: (i) the Class M1 A1-A Certificates, (ii) first, the Class A1-B2 Certificates and second, the Class A1-B1 Certificates, (iii) first, the Class A1-C2 Certificates and second, the Class A1-C1 Certificates and (iv) first, the Class A1-D2 and second, the Class A1-D1 Certificates, in each case, until the respective Class Principal Amount thereof of each such class has been reduced to zero; (B) sequentially, as follows: (i) the Class A2-C Certificates, (ii) the Class A2-B Certificates and (iii) the Class A2-A Certificates, in that order, until their respective Class Principal Amounts have been reduced to zero and (C) the Class A3-A Certificates until its Class Principal Amount has been reducrd to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Class M and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 B2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 B1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xiix) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts of the Subordinate Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7, Class M8, Class M9, Class M10, Class B1 and Class B2 Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M10 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (x) to the Class M3 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (xi) to the Class M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and (xixii) to the Class M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero.

Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts of the Subordinate Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7, Class M8, Class M9, Class M10, Class M11, Class B1 and Class B2 Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M11 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M10 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (x) to the Class M4 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (xi) to the Class M3 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (xii) to the Class M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and (xixiii) to the Class M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero.

Allocation of Losses. (a) On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (x) to concurrently, on the basis of Realized Losses on the related Mortgage Pool, (a) in the case of Pool 1, sequentially as follows: (A) first, the Class M2 1-A3 Certificates and (B) second, pro rata, (1) sequentially, first, the Class 1-A1B Certificates and second, the Class 1-A1A Certificates, in that order, and (2) the Class 1-A2 Certificates, in each case until the Class Principal Amount thereof of each such class has been reduced to zero, and (b) in the case of Pool 2, pro rata, (A) sequentially, first, the Class 2-A2B Certificates and second, the Class 2-A2A Certificates, in that order, and (B) sequentially, first, the Class 2-A1B Certificates and second, the Class 2-A1A Certificates, in that order, in each case until the Class Principal Amount of each such class has been reduced to zero; and (xi) provided, however, that any losses allocated to the Class M1 Certificates, until 2-A1B and Class 2-A2B Certificates will be covered by the Class Principal Amount thereof has been reduced to zeroCertificate Insurance Policy.

Allocation of Losses. (a) On or prior to each Determination Date, the Master Servicer shall determine the amount of any Realized Loss in respect of each Mortgage Loan that occurred during the immediately preceding calendar month. (b) With respect to any Certificates on any Distribution Date, the Class Principal Amounts principal portion of the Subordinate Certificates will each Realized Loss on a Mortgage Loan shall be reduced by the amount of any Applied Loss Amount for such dateallocated as follows: first, in the following order of priority: (i) to the Class B2 Certificates, B-3 Certificates until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount Certificate Balance thereof has been reduced to zero; and (xi) second, to the Class M1 Certificates, B-2 Certificates until the Class Principal Amount Certificate Balance thereof has been reduced to zero; third, to the Class B-1 Certificates until the Class Certificate Balance thereof has been reduced to zero; fourth, to the Class M-3 Certificates until the Class Certificate Balance thereof has been reduced to zero; fifth, to the Class M-2 Certificates until the Class Certificate Balance thereof has been reduced to zero; sixth, to the Class M-1 Certificates until the Class Certificate Balance thereof has been reduced to zero and seventh, to the Senior Certificates until the Class Certificate Balances thereof have been reduced to zero; provided, however, that Realized Losses that would otherwise be allocable to the Class A-2 Certificates will instead be allocated to the Class A-3 Certificates until the Class Certificate Balance thereof has been reduced to zero. (c) Any allocation of a Realized Loss (other than a Debt Service Reduction) to a Certificate will be made by reducing the Class Certificate Balance thereof, in the case of the

Allocation of Losses. (a) On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Group 1 Certificates will and the Class M1, Class M2 and Class M3 Certificates shall be reduced by the amount of any Pool 1 Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero;; and (iv) to the Class M8 Group 1 Certificates, until the pro rata, based on their respective Class Principal Amount thereof has Amounts, until their respective Class Principal Amounts have been reduced to zero;; and (vb) to On each Distribution Date, the Class M7 Certificates, until the aggregate Class Principal Amount thereof has been of the Group 2 Certificates and the Class M1, Class M2 and Class M3 Certificates shall be reduced to zero;by the amount of any Pool 2 Applied Loss Amount for such date, in the following order of priority: (vi) to the Class M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ixi) to the Class M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (xii) to the Class M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and; (xiiii) to the Class M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and (iv) to the Group 2 Certificates, pro rata, based on their respective Class Principal Amounts, until their respective Class Principal Amounts have been reduced to zero.

Allocation of Losses. On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M10 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (x) to the Class M2 M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and (xi) concurrently, on the basis of Realized Losses on the related Mortgage Pool, (a) concurrently (i) first, to the Class M1 Certificates, 1-A1B Certificates until the their Class Principal Amount thereof has been reduced to zero and second, to the Class 1-A1A Certificates until their Class Principal Amount has been reduced to zero; (ii) first, to the Class 1-A2B Certificates until their Class Principal Amount has been reduced to zero and second, pro rata, to the Class 1-A2A1 and Class 1-A2A2 Certificates, until their respective Class Principal Amounts have been reduced to zero and (iii) first, to the Class 1-A3B Certificates until their Class Principal Amount has been reduced to zero and second, pro rata, to the Class 1-A3A1, Class 1-A3A2U and Class 1-A4 Certificates until their respective Class Principal Amounts have been reduced to zero and (b) to the Class 2-A Certificates until their Class Principal Amount has been reduced to zero. Realized losses allocated to the underlying Class 1-A2A2U and Class 1-A3A2U Certificates will be allocated to the Class 1-A2A2 and Class 1-A3A2 Certificates, respectively.

Allocation of Losses. (a) On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Class 1-A, Class 1-M1 and Class 1-M2 Certificates will and the Component Principal Amount of the M3(1) Component shall be reduced by the amount of any Pool 1 Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 CertificatesM3(1) Component, until the Class Component Principal Amount thereof has been reduced to zero; (ii) to the Class B1 1-M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 1-M1 Certificates, until the Class Principal Amount of such Class has been reduced to zero; and (iv) to the Class 1-A Certificates, pro rata based on their respective Class Principal Amounts, until their respective Class Principal Amounts have been reduced to zero. (b) On each Distribution Date, the aggregate Class Principal Amount of the Class 2 A1, Class 2-A2, Class 2-M1 and Class 2-M2 Certificates and the Component Principal Amount of the M3(2) Component shall be reduced by the amount of any Pool 2 Applied Loss Amount for such date, in the following order of priority: (i) to the M3(2) Component, until the Component Principal Amount thereof has been reduced to zero; (ivii) to the Class M8 2-M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M7 2-M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the of such Class M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xiiv) concurrently, to the Class M1 2-A1 and Class 2-A2 Certificates, until the pro rata, based on their respective Class Principal Amount thereof has Amounts, until their respective Class Principal Amounts have been reduced to zero.

Allocation of Losses. On each Distribution DateDate on or prior to a Section 7.01(d) Purchase Event, the Class Principal Amounts of the Subordinate Offered Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M11 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M10 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero;; and (ix) to the Class M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and (xi) to the Class M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and (xii) to the extent of any Applied Loss Amounts, to the Senior Certificates (other than the Class AIO Certificates), pro rata, based on their respective Class Principal Amounts, until their respective Class Principal Amounts are reduced to zero; provided, however, that any Applied Loss Amounts otherwise allocable to the Class A1, Class A2, Class A3 and Class A4 Certificates will be applied in reduction of the Class Principal Amount of the Class A5 Certificates, until the Class Principal Amount of the Class A5 Certificates has been reduced to zero, before reducing the Class Principal Amount of the Class A1, Class A2, Class A3 and Class A4 Certificates, pro rata; provided, further, that any Applied Loss Amounts otherwise allocable to the Class A3 Certificates will be applied in reduction of the Class Principal Amount of the Class A4 Certificates, until the Class Principal Amount of the Class A4 Certificates has been reduced to zero, before reducing the Class Principal Amount of the Class A3 Certificates.

Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts of the Subordinate Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xix) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. (a) On each Distribution DateDate on or prior to a Section 7.01(d) Purchase Event relating to the Pooling REMIC 1 Regular Interests, the Class Principal Amounts of the Subordinate Group 1 Certificates will shall be reduced by the amount of any Pool 1 Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 1-M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 1-M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 1-M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 1-M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 1-M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 1-M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 1-M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 1-M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class 1-M1 Certificates, until the Class Principal Amount of such Class has been reduced to zero; and (x) to the Group 1 Senior Certificates, pro rata, based on their respective Class Principal Amounts, until their respective Class Principal Amounts are reduced to zero; provided, however, (1) that any Pool 1 Applied Loss Amounts otherwise allocable to the Class 1-A1, Class 1-A2, Class 1-A3, Class 1-A4A and Class 1-A4B Certificates will be applied in reduction of the Class Principal Amount of the Class 1-A5 Certificates, until the Class Principal Amount of the Class 1-A5 Certificates has been reduced to zero, and (2) that, after the Class 1-A5 Certificates have been reduced to zero, losses that would otherwise reduce the principal amount of the Class 1-A4A Certificates will first reduce the principal amount of the Class 1-A4B Certificates until the principal amount of the Class 1-A4B Certificates has been reduced to zero. (b) On each Distribution Date on or prior to a Section 7.01(d) Purchase Event relating to the Pooling REMIC 2 Regular Interests, the Class Principal Amounts of the Group 2 Certificates shall be reduced by the amount of any Pool 2 Applied Loss Amount for such date, in the following order of priority: (i) to the Class WF-M10 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (ii) to the Class WF-M9 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (iii) to the Class WF-M8 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (iv) to the Class WF-M7 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (v) to the Class WF-M6 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (vi) to the Class WF-M5 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (vii) to the Class WF-M4 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (viii) to the Class WF-M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class WF-M2 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (x) to the Class M2 WF-M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and (xi) to the Group 2 Senior Certificates, pro rata, based on their respective Class M1 Principal Amounts, until their respective Class Principal Amounts are reduced to zero; provided, however, (1) that any Pool 2 Applied Loss Amounts otherwise allocable to the Class WF-1-1 Certificates will be applied in reduction of the Class Principal Amount of the Class WF-1-2 Certificates, until the Class Principal Amount thereof of the Class WF-1-2 Certificates has been reduced to zero and (2) that, any Pool 2 Applied Loss Amounts otherwise allocable to the Class WF-3-2 Certificates will be applied in reduction of the Class Principal Amount of the Class WF-3-3 Certificates, until the Class Principal Amount of the Class WF-3-3 Certificates has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xiviii) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts of the Subordinate Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7, Class B1, Class B2 and Class B3 Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 B2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 B1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and (xix) to the Class M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero.

Allocation of Losses. (a) On each Distribution DateDate on or prior to a Section 7.01(d) Purchase Event relating to the Pooling REMIC 1 Regular Interests, the aggregate, the Class Principal Amounts of the Subordinate Group 1 Certificates will shall be reduced by the amount of any Pool 1 Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 1-M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 1-M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 1-M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 1-M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 1-M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 1-M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Group 1 Senior Certificates, pro rata, based on their respective Class Principal Amounts, until their respective Class Principal Amounts are reduced to zero; provided however, that Pool 1 Applied Loss Amounts that would otherwise reduce the Class Principal Amounts of the Class 1-A1, Class 1-A2 or Class 1-A3 Certificates will first reduce the Class Principal Amount of the Class 1-A4 Certificates until the Class Principal Amount of the Class 1-A4 Certificates has been reduced to zero. (b) On each Distribution Date on or prior to a Section 7.01(d) Purchase Event relating to the Pooling REMIC 2 Regular Interests, the Class Principal Amounts of the Group 2 Certificates shall be reduced by the amount of any Pool 2 Applied Loss Amount for such date, in the following order of priority: (i) to the Class 2-M6 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (ii) to the Class 2-M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xi) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M11 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M10 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and; (xi) to the Class M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and (xii) concurrently, (a) concurrently (i) first, the Class 1-A5B Certificates and second, the Class 1-A5A Certificates until their Class Principal Amounts have been reduced to zero, (ii) the Class 1-A4 Certificates until their Class Principal Amount has been reduced to zero, (iii) first, the Class 1-A3B Certificates and second, the Class 1-A3A Certificates until their Class Principal Amounts have been reduced to zero, (iv) first, the Class 1-A2B Certificates and second, the Class 1-A2A Certificates until their Class Principal Amounts have been reduced to zero and (v) first, the Class 1-A1B Certificates and second, the Class 1-A1A Certificates until their Class Principal Amounts have been reduced to zero; (b) first, the Class 2-A2 Certificates until their Class Principal Amount has been reduced to zero and second, the Class 2-A1 Certificates until their Class Principal Amount has been reduced to zero; and (c) first, the Class 3-A3 Certificates until their Class Principal Amount has been reduced to zero, second, the Class 3-A2 Certificates until their Class Principal Amount has been reduced to zero and third, the Class 3-A1 Certificates until their Class Principal Amount has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M11 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M10 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (xi) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (xxii) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xixiii) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Certificates and the Subordinate Senior Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xi) to the Class M1 A8 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. (a) On each Distribution DateDate on or prior to a Section 7.01(d) Purchase Event relating to the Pooling REMIC 1 Regular Interests, the aggregate, the Class Principal Amounts of the Subordinate Group 1 Certificates will shall be reduced by the amount of any Pool 1 Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 1-M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 1-M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 1-M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 1-M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 1-M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Group 1 Senior Certificates, pro rata, based on their respective Class M6 Principal Amounts, until their respective Class Principal Amounts are reduced to zero; provided however, that Pool 1 Applied Loss Amounts that would otherwise reduce the Class Principal Amounts of the Class 1-A2, Class 1-A3 or Class 1-A4 Certificates will first reduce the Class Principal Amount of the Class 1-A5 Certificates until the Class Principal Amount of the Class 1-A5 Certificates has been reduced to zero. (b) On each Distribution Date on or prior to a Section 7.01(d) Purchase Event relating to the Pooling REMIC 2 Regular Interests, the Class Principal Amounts of the Group 2 Certificates shall be reduced by the amount of any Pool 2 Applied Loss Amount for such date, in the following order of priority: (i) to the Class 2-M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viiii) to the Class M5 2-M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viiiiii) to the Class M4 2-M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ixiv) to the Class M3 2-M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (xv) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xi) to the Class 2-M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Group 2 Senior Certificates, pro rata, based on their respective Class Principal Amounts, until their respective Class Principal Amounts are reduced to zero; provided however, that Pool 2 Applied Loss Amounts that would otherwise reduce the Class Principal Amount of the Class 2-A4A Certificates will first reduce the Class Principal Amount of the Class 2-A4B Certificates until the Class Principal Amount of the Class 2-A4B Certificates has been reduced to zero and Pool 2 Applied Loss Amounts that would otherwise reduce the Class Principal Amount of the Class 2-A5A Certificates will first reduce the Class Principal Amount of the Class 2-A5B Certificates until the Class Principal Amount of the Class 2-A5B Certificates has been reduced to zero.

Allocation of Losses. On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M10 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (x) to the Class M2 M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and (xi) to concurrently, on the basis of their Class Principal Amounts, pro rata as follows: (a) first, the Class M1 Certificates, A1-B Certificates until the their Class Principal Amount thereof has been reduced to zero and second, the Class A1-A Certificates until their Class Principal Amount has been reduced to zero; (b) first, the Class A2-B Certificates until their Class Principal Amount has been reduced to zero and second, the Class A2-A Certificates until their Class Principal Amount has been reduced to zero; (c) first, the Class A3-B Certificates until their Class Principal Amount has been reduced to zero and second, the Class A3-A Certificates until their Class Principal Amount has been reduced to zero; (d) first, the Class A4-B Certificates until their Class Principal Amount has been reduced to zero and second, the Class A4-A Certificates until their Class Principal Amount has been reduced to zero, (e) the Class A5 Certificates until their Class Principal Amount has been reduced to zero and (f) first, the Class A6-C Certificates until their Class Principal Amount has been reduced to zero, second, the Class A6-B Certificates until their Class Principal Amount has been reduced to zero and third, the Class A6-A Certificates until their Class Principal Amount has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (ia) to the Class B2 B Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iiib) to the Class M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ivc) to the Class M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vd) to the Class M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vie) to the Class M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viif) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viiig) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ixh) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (xi) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xij) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. On each Distribution DateDate on or prior to a Section 7.01(d) Purchase Event, the Class Principal Amounts of the Subordinate Offered Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M10 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (x) to the Class M2 M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and (xi) to the extent of any Applied Loss Amounts, to the Senior Certificates, pro rata, based on their respective Class M1 Principal Amounts, until their respective Class Principal Amounts are reduced to zero; provided, however, that any Applied Loss Amounts otherwise allocable to the Class A1, Class A2, Class A3 and Class A4 Certificates will be applied in reduction of the Class Principal Amount of the Class A5 Certificates, until the Class Principal Amount thereof of the Class A5 Certificates has been reduced to zero, before reducing the Class Principal Amount of the Class A1, Class A2, Class A3 and Class A4 Certificates.

Allocation of Losses. (a) On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Offered Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the of such Class M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xiiv) to the Class M1 A Certificates, pro rata based on their respective Class Principal Amounts, until their respective Class Principal Amounts have been reduced to zero; provided, however, that (A) any Applied Loss Amounts otherwise allocable to the Class A1B Certificates shall first be allocated to the Class A1C Certificates, until the Class Principal Amount thereof of the Class A1C Certificates has been reduced to zero; (B) any Applied Loss Amounts otherwise allocable to the Class A3A Certificates shall first be allocated to the Class A3B Certificates, until the Class Principal Amount of the Class A3BCertificates has been reduced to zero; and (C) any Applied Loss Amounts otherwise allocable to the Class A6B Certificates shall first be allocated to the Class A6C Certificates, until the Class Principal Amount of the Class A6C Certificates has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Class A4, Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7, Class M8 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xix) to the Class M1 A4 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Certificates and the Component Principal Amount of the Components of the Subordinate Senior Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xiix) to the Class M1 CertificatesA6-M(1) and A6-M(2) Components, pro rata based on their outstanding Component Principal Amounts, until the Class their aggregate Component Principal Amount thereof has Amounts have been reduced to zero.

Allocation of Losses. (a) On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Certificates will shall be reduced by the amount of any Pool 1 Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M8-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M7-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M6-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M5-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M4-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M3-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M2-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M1-I Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and (a) sequentially, first, to the Class 1-A2 Certificates and second, to the Class 1-A1 Certificates, in each case until their respective Class Principal Amounts have been reduced to zero; provided, however, that certain losses allocated to the Class 1-A2 Certificates will be covered by the Certificate Insurance Policy. (b) On each Distribution Date, the aggregate Class Principal Amount of the Certificates shall be reduced by the amount of any Pool 2-3 Applied Loss Amount for such date, in the following order of priority: (i) to the Class M8-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (ii) to the Class M7-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (iii) to the Class M6-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (iv) to the Class M5-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (v) to the Class M4-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (vi) to the Class M3-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (vii) to the Class M2-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (viii) to the Class M1-II Certificates, until the Class Principal Amount of such Class has been reduced to zero; (ix) concurrently, on the basis of Realized Lossees on the related Mortgage Pool, (a) sequentially, first, to the Class M3 2-A4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) second, to the Class M2 Certificates2-A3 Certificates and third, until the Class Principal Amount thereof has been reduced to zero; and (xi) pro rata, to the Class M1 2-A1 and Class 2-A2 Certificates and (b) sequentially, first, to the Class 3-A3 Certificates, until second, to the Class 3-A2 Certificates and third, to the Class 3-A1 Certificates, in each case until their respective Class Principal Amount thereof has Amounts have been reduced to zero.

Allocation of Losses. On each Distribution DateDate on or prior to a Section 7.01(d) Purchase Event, the Class Principal Amounts of the Subordinate Offered Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the of such Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xix) to the extent of any Applied Loss Amounts, to the Senior Certificates (other than the Class M1 AIO Certificates), pro rata, based on their respective Class Principal Amounts, until their respective Class Principal Amounts are reduced to zero; provided, however, that any Applied Loss Amounts otherwise allocable to the Class A1, Class A2, Class A3 and Class A4 Certificates will be applied in reduction of the Class Principal Amount of the Class A5 Certificates, until the Class Principal Amount thereof of the Class A5 Certificates has been reduced to zero, before reducing the Class Principal Amount of the Class A1, Class A2, Class A3 and Class A4 Certificates, pro rata.

Allocation of Losses. (a) On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Class 1-A, Class 1-M1 and Class 1-M2 Certificates will and the Component Principal Amount of the M3(1) Component shall be reduced by the amount of any Pool 1 Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 CertificatesM3(1) Component, until the Class Component Principal Amount thereof has been reduced to zero; (ii) to the Class B1 1-M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 1-M1 Certificates, until the Class Principal Amount of such Class has been reduced to zero; and (iv) to the Class 1-A Certificates, pro rata, based on their respective Class Principal Amounts, until their respective Class Principal Amounts are reduced to zero. (b) On each Distribution Date, the aggregate Class Principal Amount of the Class 2-A1, Class 2-M1 and Class 2-M2 Certificates and the Component Principal Amount of the M3(2) Component shall be reduced by the amount of any Pool 2 Applied Loss Amount for such date, in the following order of priority: (i) to the M3(2) Component, until the Component Principal Amount thereof has been reduced to zero; (ivii) to the Class M8 2-M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M7 2-M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the of such Class M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xiiv) to the Class M1 2-A1 Certificates, until the its Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. On each Distribution DateDate on or prior to a Section 7.01(d) Purchase Event, the Class Principal Amounts of the Subordinate Offered Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M10 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and (viii) to the Class M3 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero (x) to the Class M1 Certificates, until the Class Principal Amount of such Class has been reduced to zero; and (xi) to the extent of any Applied Loss Amounts, to the Senior Certificates (other than the Class M1 AIO Certificates), pro rata, based on their respective Class Principal Amounts, until their respective Class Principal Amounts are reduced to zero; provided, however, that any Applied Loss Amounts otherwise allocable to the Class A1-1, Class A1-2, Class A2-1-1, Class A2-1-2 and Class A2-2 Certificates will be applied in reduction of the Class Principal Amount of the Class A4 Certificates, until the Class Principal Amount thereof of the Class A4 Certificates has been reduced to zero, before reducing the Class Principal Amount of the Class A1-1, Class A1-2, Class A2-1-1, Class A2-1-2 and Class A2-2 Certificates, pro rata along with the Class A3 Certificates, provided further, that any Applied Loss Amounts otherwise allocable to the Class A2-1-1 Certificates will be applied first in reduction of the Class Principal Amount of the Class A2-1-2 Certificates, until the Class Principal Amount of the Class A2-1-2 Certificates has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M10 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xi) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts of the Subordinate Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 B3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 B2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 B1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (xi) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (xxii) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xixiii) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. (a) On or prior to each Determination Date, the Securities Administrator shall determine the amount of any Realized Loss in respect of each Mortgage Loan that occurred during the immediately preceding calendar month. (b) With respect to any Certificates on any Distribution Date, the Class Principal Amounts principal portion of the Subordinate Certificates will each Realized Loss on a Mortgage Loan shall be reduced by the amount of any Applied Loss Amount for such dateallocated as follows: first, in the following order of priority: (i) to the Class B2 Certificates, BV-3 Certificates until the Class Principal Amount Certificate Balance thereof has been reduced to zero; (ii) ; second, to the Class B1 Certificates, BV-2 Certificates until the Class Principal Amount Certificate Balance thereof has been reduced to zero; (iii) ; third, to the Class M9 Certificates, BV-1 Certificates until the Class Principal Amount Certificate Balance thereof has been reduced to zero; (iv) ; fourth, to the Class M8 Certificates, MV-3 Certificates until the Class Principal Amount Certificate Balance thereof has been reduced to zero; (v) ; fifth, to the Class M7 Certificates, MV-2 Certificates until the Class Principal Amount Certificate Balance thereof has been reduced to zero; (vi) ; sixth, to the Class M6 Certificates, MV-1 Certificates until the Class Principal Amount Certificate Balance thereof has been reduced to zero; (vii) ; and seventh, to the Class M5 Certificates, Senior Certificates pro rata until the Class Principal Amount Certificate Balances thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has have been reduced to zero; and (xic) Notwithstanding the other provisions of Section 6.02, the first $0.70 of Realized Losses shall not be allocated to the any Class M1 of Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. (a) On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M10 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xi) to the Class M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (xi) concurrently (i) sequentially, first (a) the Class A1B Underlying Interest until their Class Principal Amount is reduced to zero, and second (b) pro rata, the Class A1A Certificates, Class A2A Underlying Interest and Class A5A Underlying Interest, each until their respective Class Principal Amount is reduced to zero, (ii) the Class A3 Underlying Interest until their Class Principal Amount is reduced to zero and (iii) the Class A4 Underlying Interest until their Class Principal Amount is reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7, Class M8, Class B1 and Class B2 Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xix) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 Certificates, until the Class Principal Amount thereof has been reduced to zero;; (iii) to the Class M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xi) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero. Applied Loss Amounts shall be allocated to each Class of Group Subordinate Certificates of equivalent priority on a pro rata basis based on their respective outstanding Class Principal Amounts.

Allocation of Losses. On each Distribution Date, the aggregate Class Principal Amounts Amount of the Subordinate Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the of such Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xiix) pro rata, on the basis of Realized Losses on the related Mortgage Pool, (a) sequentially, (i) to the Class M1 1-A3 Certificates; (ii) to the Class 1-A2 Certificates; and (iii) to the Class 1-A1 Certificates and (b) sequentially, (i) pro rata to the Class 2-A2A and Class 2-A2B Certificates and (ii) to the Class 2-A1 Certificates, in each case until the Class Principal Amount thereof of such Class has been reduced to zero; provided, however, that any Realized Losses allocated against the Class 1-A3 and Class 2-A2A Certificates will be reimbursed by the Certificate Insurance Policy.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) pro rata, to the Class B2 M10-A and Class M10-F Certificates, until the Class Principal Amount thereof of each such Class has been reduced to zero; (ii) to the Class B1 M9 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xi) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.

Allocation of Losses. On each Distribution DateDate on or prior to a Section 7.01(d) Purchase Event, the Class Principal Amounts of the Subordinate Offered Certificates will shall be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 M10 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 M9 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 M8 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Class M4 M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ix) to the Class M3 M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xi) to the Class M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (xi) concurrently (1) to the extent of any Applied Loss Amounts allocable to Pool 1, to the Group 1 Senior Certificates, pro rata, based on their respective Class Principal Amounts, until their respective Class Principal Amounts are reduced to zero; and (2) to the extent of any Applied Loss Amounts allocable to Pool 2, to the Group 2 Senior Certificates, pro rata, based on their respective Class Principal Amounts, until their respective Class Principal Amounts are reduced to zero.

Allocation of Losses. (a) On each Distribution Date, the Class Principal Amounts of the Subordinate Class M1, Class M2, Class M3, Class M4, Class M5, Class M6 and Class B Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 B Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xivii) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero. (b) On each Distribution Date upon which the Class M1, Class M2, Class M3, Class M4, Class M5, Class M6 and Class B Certificates have been reduced to zero, and there are Applied Loss Amounts with respect to Mortgage Loans from Pool 1 or Pool 2: (i) the Class Principal Amounts of the Class 1-A2 and Class 1-A3 Certificates will be reduced, pro rata, by the amount of any Applied Loss Amount from Pool 1 for such Distribution Date, until the Class Principal Amounts thereof have each been reduced to zero; and (ii) the Class Principal Amounts of the Class 2-A2 and Class 2-A3 Certificates will be reduced, pro rata, by the amount of any Applied Loss Amount from Pool 2 for such Distribution Date, until the Class Principal Amounts thereof have each been reduced to zero.

Allocation of Losses. (a) On each Distribution DateDate on or prior to a Section 7.01(d) Purchase Event relating to the Pooling REMIC 1 Regular Interests, the aggregate, the Class Principal Amounts of the Subordinate Group 1 Certificates will shall be reduced by the amount of any Pool 1 Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 1-M7 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ii) to the Class B1 1-M6 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iii) to the Class M9 1-M5 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (iv) to the Class M8 1-M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (v) to the Class M7 1-M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vi) to the Class M6 1-M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class M5 1-M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (viii) to the Group 1 Senior Certificates, pro rata, based on their respective Class Principal Amounts, until their respective Class Principal Amounts are reduced to zero. (b) On each Distribution Date on or prior to a Section 7.01(d) Purchase Event relating to the Pooling REMIC 2 Regular Interests, the Class Principal Amounts of the Group 2 Certificates shall be reduced by the amount of any Pool 2 Applied Loss Amount for such date, in the following order of priority: (i) to the Class 2-M6 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (ii) to the Class 2-M5 Certificates, until the Class Principal Amount of such Class has been reduced to zero; (iii) to the Class 2-M4 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (ixiv) to the Class 2-M3 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (xv) to the Class 2-M2 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; and; (xivi) to the Class 2-M1 Certificates, until the Class Principal Amount thereof of such Class has been reduced to zero; (vii) to the Class 2-A1 Certificates, until the Class Principal Amount of such Class has been reduced to zero.

Allocation of Losses. On each Distribution Date, the Class Principal Amounts of the Subordinate Certificates will be reduced by the amount of any Applied Loss Amount for such date, in the following order of priority: (i) to the Class B2 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ii) to the Class B1 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iii) to the Class M9 M8 Certificates, until the Class Principal Amount thereof has been reduced to zero; (iv) to the Class M8 M7 Certificates, until the Class Principal Amount thereof has been reduced to zero; (v) to the Class M7 M6 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vi) to the Class M6 M5 Certificates, until the Class Principal Amount thereof has been reduced to zero; (vii) to the Class M5 M4 Certificates, until the Class Principal Amount thereof has been reduced to zero; (viii) to the Class M4 M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (ix) to the Class M3 Certificates, until the Class Principal Amount thereof has been reduced to zero; (x) to the Class M2 Certificates, until the Class Principal Amount thereof has been reduced to zero; and (xix) to the Class M1 Certificates, until the Class Principal Amount thereof has been reduced to zero.