Class AF-6 Lockout Distribution Amount definition

Class AF-6 Lockout Distribution Amount. For any Distribution Date will be an amount equal to the product of (1) the applicable Class AF-6 Lockout Percentage for that Distribution Date, (2) the Class AF-6 Calculation Percentage and (3) the Group I Principal Distribution Amount for that Distribution Date. In no event shall the Class AF-6 Lockout Distribution Amount exceed the outstanding Certificate Principal Balance of the Class AF-6 Certificates or the Group I Principal Distribution Amount for the Distribution Date.
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Class AF-6 Lockout Distribution Amount. For any Distribution Date, the product of (x) the Class AF-6 Lockout Distribution Percentage for that Distribution Date and (y) the Class AF-6 Pro Rata Distribution Amount for that Distribution Date.
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Class AF-6 Lockout Distribution Amount. For any Distribution Date, the product of (x) the Class AF-6 Lockout Distribution Percentage for that Distribution Date and (y) the Class AF-6 Pro Rata Distribution Amount for that Distribution Date; provided, however in no event shall the Class AF-6 Lockout Distribution Amount for a Distribution Date exceed, if prior to the Group 1 Stepdown Date or while a Group 1 Trigger Event is in effect, the Group 1 Principal Distribution Amount and on or after the Group 1 Stepdown Date and on which a Group 1 Trigger event is not in effect, the Class AF Principal Distribution Amount, for that Distribution Date or the Class Principal Amount of the Class AF-6 Certificates immediately prior to that Distribution Date.
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More Definitions of Class AF-6 Lockout Distribution Amount

Class AF-6 Lockout Distribution Amount. For any Distribution Date (a) prior to the November 2014 Distribution Date, will be the lesser of (1) the product of (i) the applicable Class AF-6 Lockout Percentage for such Distribution Date and (ii) the Class AF-6 Pro Rata Distribution Amount for such Distribution Date and (2) the Class Certificate Balance of the Class AF-6 Certificates immediately prior to that Distribution Date, and (b) on or after the November 2014 Distribution Date, will be (1) if the Group I Stepdown Date has occurred and a Group I Trigger Event is not in effect, the Group I Senior Principal Distribution Amount or (2) if the Group I Stepdown Date has not occurred or a Group I Trigger Event is in effect, the Group I Principal Distribution Amount, each for such Distribution Date. Class AF-6 Lockout Percentage For each Distribution Date shall be as follows: DISTRIBUTION DATE CLASS AF-6 LOCKOUT PERCENTAGE ----------------- ----------------------------- November 2005 - October 2008 0% November 2008 - October 2010 45% November 2010 - October 2011 80% November 2011 - October 2012 100% November 2012 - October 2014 300% Class AF-6 Pro Rata Distribution Amount For any Distribution Date will be an amount equal to the product of (a) a fraction, the numerator of which is the Class Certificate Balance of the Class AF-6 Certificates immediately prior to that Distribution Date and the denominator of which is an amount equal to the sum of the Class Certificate Balances of all Classes of the Class AF Certificates immediately prior to that Distribution Date and (b) (1) if the Group I Stepdown Date has occurred and a Group I Trigger Event is not in effect, the Group I Senior Principal Distribution Amount or (2) if the Group I Stepdown Date has not occurred or a Group I Trigger Event is in effect, the Group I Principal Distribution Amount, each for such Distribution Date. Class AV Certificates The Class AV-1 and Class AV-2 Certificates. Class AV-1 Certificate Any Certificate executed and authenticated by the Trustee substantially in the form attached hereto as Exhibit A-2 and designated as a Class AV-1 Certificate.
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Related to Class AF-6 Lockout Distribution Amount

  • Class B-6 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-6 Certificates pursuant to Paragraphs twentieth, twenty-first and twenty-second of Section 4.01(a).

  • Class IO Distribution Amount As defined in Section 5.07(f) hereof. For purposes of clarity, the Class IO Distribution Amount for any Distribution Date shall equal the amount payable to the Supplemental Interest Trust on such Distribution Date in excess of the amount payable on the Class IO Interest on such Distribution Date, all as further provided in Section 5.07(f) hereof.

  • Class B-4 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-4 Certificates pursuant to Paragraphs fourteenth, fifteenth, and sixteenth of Section 4.01(a).

  • Class B-5 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-5 Certificates pursuant to Paragraphs seventeenth, eighteenth, and nineteenth of Section 4.01(a).

  • Class B-2 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-2 Certificates pursuant to Paragraphs eighth, ninth and tenth of Section 4.01(a).