Accrual Distribution Amount definition

Accrual Distribution Amount. As to any Distribution Date prior to the applicable Accretion Termination Date and any Class of Accrual Certificates, an amount equal to the sum of (i) the Class A Interest Percentage of such Class of Accrual Certificates of the Current Class A Interest Distribution Amount and (ii) the Class A Interest Shortfall Percentage of such Class of Accrual Certificates of the amount distributed in respect of the Classes of Class A Certificates pursuant to Paragraph second of Section 4.01(a)(i) on such Distribution Date. As to any Distribution Date on or after the applicable Accretion Termination Date, zero.
Accrual Distribution Amount. With respect to any Distribution Date on or prior to the Accretion Termination Date, an amount equal to the amount of Accrued Certificate Interest on the Accrual Certificates that is added to the Certificate Principal Balance thereof on such Distribution Date pursuant to Section 4.02(h).
Accrual Distribution Amount. With respect to the Class A-5 Certificates, the Class A-5 Accrual Distribution Amount and with respect to the Class A-6 Certificates, the Class A-6 Accrual Distribution Amount.

Examples of Accrual Distribution Amount in a sentence

Accrual Distribution Amount: Any of the Class I-A-5 Accrual Distribution Amount, Class I-A-7-5 Accrual Distribution Amount or Class II-A-2 Accrual Distribution Amount.

I-9 Class A-2 Accrual Distribution Amount..............................................................

Aggregate Class A-5-4/Class A-9 Accrual Distribution Amount: With respect to any Distribution Date, an amount equal to the sum of (i) on or prior to the Class A-5-4 Accretion Termination Date, the Class A-5-4 Accrual Distribution Amount, and after the Class A-5-4 Accretion Termination Date, zero; and (ii) on or prior to the Class A-9 Accretion Termination Date, the Class A-9 Accrual Distribution Amount, and after the Class A-9 Accretion Termination Date, zero.

Accrual Distribution Amount: The Class A-6 Accrual Distribution Amount or the Class A-7 Accrual Distribution Amount.

Accrual Distribution Amount: Any of the Class A-6 Accrual Distribution Amount, Class A- 7 Accrual Distribution Amount or Class A-8 Accrual Distribution Amount.


More Definitions of Accrual Distribution Amount

Accrual Distribution Amount. For any Distribution Date and any Class of Accrual Certificates prior to the applicable Accretion Termination Date, an amount with respect to such Class equal to the sum of (i) the amount allocated but not currently distributable as interest to such Class pursuant to Section 5.02(a)(i) that is attributable to clause (i) of the definition of "Interest Distribution Amount" and (ii) the amount allocated but not currently distributable as interest to such Class pursuant to Section 5.02(a)(i) that is attributable to clause (ii) of the definition of "Interest Distribution Amount."
Accrual Distribution Amount. As to any Distribution Date prior to the Accretion Termination Date, an amount equal to the sum of (i) the Group I-A Interest Percentage of the Accrual Certificates of the Current Group I-A Interest Distribution Amount and (ii) the Group I-A Interest Shortfall Percentage of the Accrual Certificates of the amount distributed in respect of the Classes of Class A Certificates pursuant to Clause (i) Paragraph second Clause (A) of Section 4.01(a) on such Distribution Date. As to any Distribution Date on or after the Accretion Termination Date, zero.
Accrual Distribution Amount. With respect to each Distribution Date on or prior to the Accretion Termination Date, an amount equal to the amount of Accrued Certificate Interest on the Class A-4 Certificates for such date, which will be added to the Certificate Principal Balance thereof to the extent payable to the Accretion Directed Certificates pursuant to Section 4.02(b)(ii); provided that, with respect to each Distribution Date on or after the Accretion Termination Date, the entire Accrued Certificate Interest on the Class A-4 Certificates for such date will be payable to the Class A-4 Certificateholders pursuant to Section 4.02(a)(i) hereof to the extent that payments are not required to fully reduce the Accretion Directed Certificates to zero on the Accretion Termination Date; and provided further, that if the Accretion Termination Date is the Credit Support Depletion Date, the entire amount of Accrued Certificate Interest for that date will be payable to the Class A-4 Certificateholders pursuant to Section 4.02(a)(i) hereof.
Accrual Distribution Amount. On each Distribution Date on or preceding the related Accretion Termination Date, an amount equal to the amount of Accrued Certificate Interest on the Class A-5 Certificates for that Distribution Date to the extent added to the Certificate Principal Balance of the Class A-5 Certificates and distributed to the Holders of the related Accretion Directed Certificates pursuant to Section 4.02(h).
Accrual Distribution Amount. With respect to each Distribution Date prior to the Accretion Termination Date, an amount equal to the aggregate amount of Accrued Certificate Interest on the Class I-A-10 Certificates and Class I-A-11 Certificates for such date, to the extent added to the Certificate Principal Balance thereof pursuant to Section 4.02(h); provided that, with respect to each Distribution Date on or after the Accretion Termination Date, the Accrued Certificate Interest on the Class I-A-10 Certificates and Class I-A-11 Certificates for such date remaining after reduction of the Certificate Principal Balances of the Class I-A-7, Class I-A-8 and Class I-A-9 Certificates will be payable to the Class I-A-10 Certificateholders and Class I-A-11 Certificateholders, respectively, as interest pursuant to Section 4.02(a)(i) hereof on the Accretion Termination Date; and provided further, that if the Accretion Termination Date is the Credit Support Depletion Date, the entire amount of Accrued Certificate Interest on the Class I-A-10 Certificates and Class I-A-11 Certificates for that date will be payable as interest to the Class I-A-10 Certificateholders and Class I-A-11 Certificateholders, respectively, pursuant to Section 4.02(a)(i) hereof.
Accrual Distribution Amount. On each Distribution Date on or prior to the Accretion Termination Date, an amount equal to the aggregate amount of Accrued Certificate Interest on the Class A-6 Certificates for such date, which will be added to the Certificate Principal Balance of the Class A-6 Certificates and that amount will be distributed to the holders of the Accretion Directed Component as principal in reduction of the Certificate Principal Balance of the Accretion Directed Component. The amount that is added to the Certificate Principal Balance of the Class A-6 Certificates will accrue interest at a rate of 4.00% per annum. On each Distribution Date on or after the Accretion Termination Date, the entire Accrued Certificate Interest on the Class A-6 Certificates for that date will be payable to the Holders of the Class A-6 Certificates as interest to the extent that payments are not required to fully reduce the Accretion Directed Component to zero on the Accretion Termination Date; provided, however, that if the Accretion Termination Date is the Credit Support Depletion Date, the entire Accrual Distribution Amount for that date will be payable as interest to the holders of the Class A-6 Certificates.
Accrual Distribution Amount. The Class A-5 Accrual Distribution Amount or the Class A-14 Accrual Distribution Amount.