Certificate Distributable Amount definition
Certificate Distributable Amount means, with respect to any Payment Date, the sum of the Certificate Interest Distributable Amount and the Certificate Principal Distributable Amount for such Payment Date.
Certificate Distributable Amount means, with respect to any Distribution Date, the sum of the Certificate Principal Distributable Amount and the Certificate Interest Distributable Amount for such Distribution Date.
Certificate Distributable Amount means the aggregate amount of the Excess Spread Amount distributed to Certificateholders pursuant to Section 5.06(c).
Examples of Certificate Distributable Amount in a sentence
Notwithstanding the foregoing, the Servicer or any successor to the Servicer shall not be permitted to exercise such option if the amount to be distributed to Securityholders on the related Payment Date would be less than the Note Distributable Amount and Certificate Distributable Amount.
More Definitions of Certificate Distributable Amount
Certificate Distributable Amount. On any Distribution Date, the sum of the Certificate Principal Distributable Amount and the Certificate Interest Distributable Amount.