Senior Final Distribution Date definition

Senior Final Distribution Date. For each Certificate Group, the Distribution Date on which the Class Certificate Balance of each Class of related Senior Certificates has been reduced to zero.
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Senior Final Distribution Date. With respect to Group 1, Group 2, Group 3, Group 4, Group 5, Group 7 and Group 8, the Distribution Date on which the respective Class Principal Balances of the Senior Certificates related to Group 1, Group 2, Group 3, Group 4, Group 5, Group 7 and Group 8 (other than the Principal Only Certificates and Interest Only Certificates) have each been reduced to zero. With respect to Group 6, the Distribution Date on which the respective Class Principal Balances of the Group 6 Senior Certificates (other than the Principal Only Certificates and Interest Only Certificates) have each been reduced to zero.
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Senior Final Distribution Date. For the Senior Certificates, the Distribution Date on which the Class Certificate Balance of each Class of Senior Certificates has been reduced to zero. Senior Mezzanine Certificates: Not applicable.
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Related to Senior Final Distribution Date

  • Class C Final Distribution Date means the November 2025 Distribution Date.

  • Class B Final Distribution Date means the September 2030 Distribution Date.

  • Final Distribution Date The Distribution Date on which the final distribution in respect of the Certificates is made pursuant to Section 9.01.

  • Senior Principal Distribution Amount As to any Distribution Date, the sum of (i) the Senior Percentage of all amounts described in subclauses (a) through (d) of clause (i) of the definition of Non-PO Formula Principal Amount for such Distribution Date, (ii) with respect to any Mortgage Loan that became a Liquidated Mortgage Loan during the calendar month preceding the month of such Distribution Date, the lesser of (x) the Senior Percentage of the applicable Non-PO Percentage of the Stated Principal Balance of such Mortgage Loan and (y) either (A) the Senior Prepayment Percentage of the applicable Non-PO Percentage of the amount of the Liquidation Proceeds allocable to principal received on the Mortgage Loan or (B), if an Excess Loss was sustained with respect to such Liquidated Mortgage Loan during such preceding calendar month, the Senior Percentage of the amount of the Liquidation Proceeds allocable to principal received with respect to such Mortgage Loan, and (iii) the sum of (x) the Senior Prepayment Percentage of the applicable Non-PO Percentage of the amounts described in subclause (f) of clause (i) of the definition of Non-PO Formula Principal Amount for such Distribution Date, and (y) the Senior Prepayment Percentage of any Subsequent Recoveries described in clause (ii) of the definition of Non-PO Formula Principal Amount for such Distribution Date; provided, however, that if a Bankruptcy Loss that is an Excess Loss is sustained with respect to a Mortgage Loan that is not a Liquidated Mortgage Loan, the Senior Principal Distribution Amount will be reduced on the related Distribution Date by the Senior Percentage of the applicable Non-PO Percentage of the principal portion of such Bankruptcy Loss.

  • Class Final Distribution Date means, as applicable, the Class A-1 Final Distribution Date, the Class A-2a Final Distribution Date, the Class A-2b Final Distribution Date, the Class A-3 Final Distribution Date, the Class A-4 Final Distribution Date, the Class B Final Distribution Date, the Class C Final Distribution Date or the Class D Final Distribution Date, as the context requires.