Carry-Forward Amount definition

Carry-Forward Amount. With respect to any Class of the Class A Certificates for any Distribution Date, the sum of (x) the amount, if any, by which (i) the Class A Distribution Amount allocable to such Class as of the immediately preceding Distribution Date exceeded (ii) the amount of the actual distribution made to the Owners of such Class of the Class A Certificates on such immediately preceding Distribution Date plus (y) 30 days' interest on such amount at the Pass-Through Rate in effect with respect to such Class of Class A Certificates.

Carry-Forward Amount. As of any Distribution Date, the sum of (a) the amount, if any, by which (i) the Class A-2 Formula Distribution Amount as of the immediately preceding Distribution Date exceeded (ii) the Class A-2 Distribution Amount on such immediately preceding Distribution Date and (b) 30 days' interest on the amount described in clause (a), calculated at an interest rate equal to the Class A-2 Pass-Through Rate applicable to such Distribution Date.

Carry-Forward Amount. The sum of (x) the amount, if any, by which (i) the Current Interest for the immediately preceding Payment Date exceeded (ii) the amount of the actual distribution made to the Owners on such immediately preceding Payment Date pursuant to Section 3.03(b)(iv)(B) hereof plus (y) 30 days' interest on such excess at the Note Rate.

Examples of Carry-Forward Amount in a sentence

• Such payments, along with payments from the Swap Account, shall be allocated to those Classes on a pro rata basis based upon the amount of Basis Risk CarryForward Amount owed to each such Class and shall be paid in the priority set forth in Section 4.02(a)(iii)(T).

• The amount of each Realized Loss shall be evidenced by an Officers' Certificate, stated separately for each Pool of Mortgage Loans, and, to the extent paid by the Certificate Insurer as an Insured Payment, shall constitute a Pool Carry-Forward Amount for the related Pool.

• The Holder of this Certificate shall be entitled to receive an amount equal to Current Interest, principal and any Interest Carry-Forward Amount allocable to this Certificate as specified in the Agreement.

• On each Distribution Date, to the extent required, the Trustee shall make withdrawals from the Reserve Fund and use the amounts in the Reserve Fund to make distributions to the Class A-II Certificates, in an amount equal to the amount of any Basis Risk Shortfall Carry-Forward Amount on such Certificate.

• Interest Carry-Forward Amount: With respect to any Payment Date, the excess, if any, of (A) the Interest Payment Amount for such Payment Date plus the Interest Carry-Forward Amount for the prior Payment Date over (B) the amount in respect of interest that is actually paid from the Distribution Account on such Payment Date in respect of the interest for such Payment Date.

More Definitions of Carry-Forward Amount

Carry-Forward Amount. With respect to the Notes and any Payment Date, an amount equal to (a) the amount determined pursuant to clause (i) of the definition of Interest Payment Amount minus (b) the Guaranteed Interest Payment Amount.

Carry-Forward Amount means amount of (i) any Budgeted Disbursements not expended in a given Testing Period or (ii) any Actual Cash Receipts exceeding Budgeted Cash Receipts, each of which shall carry forward into, and be available for use in, future Testing Periods.

Carry-Forward Amount. As of any Distribution Date, the sum of (1) the excess of (A) the Class B-3 Current Interest with respect to prior Distribution Dates over (B) the amount actually distributed to the Class B-3 Certificates with respect to interest on such prior Distribution Dates and (2) interest on such excess (to the extent permitted by applicable law) at the Class B-3 Pass-Through Rate for the related Accrual Period.

Carry-Forward Amount has the meaning set forth in Section 6.04(g).

Carry-Forward Amount means, for each Loan Pool an amount equal to the sum of (i) the difference between (A) the Monthly Payment Amount due on all prior Disbursement Dates and (B) the amount actually distributed to the Lender pursuant to Section 2.8(c)(iii) as the Monthly Payment Amount on all prior Disbursement Dates and (ii) interest at the then current Interest Rate on the amount determined by clause (i) hereof.

Carry-Forward Amount. As of any Distribution Date, the sum of (1) the excess of (A) the Class M-1 Current Interest with respect to prior Distribution Dates over (B) the amount actually distributed to the Class M-1 Certificates with respect to interest on such prior Distribution Dates and (2) interest on such excess (to the extent permitted by applicable law) at the Class M-1 Pass-Through Rate for the related Accrual Period. Class M-1 Margin: As of any Distribution Date up to and including the Optional Termination Date for the Certificates, 0.2900% per annum, and, as of any Distribution Date after the Optional Termination Date, 0.4350% per annum. Class M-1 Pass-Through Rate: For the first Distribution Date, 5.640% per annum. As of any Distribution Date thereafter, the lesser of (1) One-Month LIBOR plus the Class M-1 Margin and (2) the Available Funds Cap for such Distribution Date.

Carry-Forward Amount is defined in Section 7.2.5.