Certificateholders' Principal Carryover Shortfall means, as of the close of any Distribution Date, the excess of the Certificateholders' Monthly Principal Distributable Amount and any outstanding Certificateholders' Principal Carryover Shortfall from the preceding Distribution Date, over the amount in respect of principal that is actually deposited in the Certificate Distribution Account on such current Distribution Date.
Certificateholders' Principal Carryover Shortfall means for any Payment Date, the sum of (a) the excess of (i) the Certificateholders' Principal Distributable Amount for the preceding Payment Date, over (ii) the amount in respect of principal actually deposited in the Certificate Distribution Account on such Payment Date and (b) without duplication of clause (a), the unreimbursed portion of the amount by which the Certificate Balance has been reduced pursuant to the second sentence of the definition thereof.
Certificateholders' Principal Carryover Shortfall. With respect to the close of any Distribution Date, the excess of (i) the Certificateholders' Principal Distributable Amount for such Distribution Date, over (ii) the amount that was actually deposited in the Certificate Distribution Account on the day preceding such current Distribution Date in respect of Certificate Balance.
Examples of Certificateholders' Principal Carryover Shortfall in a sentence
Certificateholders' Principal Carryover Shortfall, if any (and change in amount from preceding statement) $0.00 h.
Account $0.00 Adjustment to Certificateholders' Interest Carryover Shortfall $0.00 Adjustment to Certificateholders' Principal Carryover Shortfall $0.00 Prelim.
Certificateholders' Principal Carryover Shortfall, if any (and change in amount from preceding statement) $0.00 Page 10 XIV.
Certificateholders' Principal Carryover Shortfall (Current Period) $0.00 Prelim.
Certificateholders' Principal Carryover Shortfall, if any, (and change in amount from preceding statement) $0.00 h.
More Definitions of Certificateholders' Principal Carryover Shortfall
Certificateholders' Principal Carryover Shortfall. As of the close of any Distribution Date, the excess of the sum of the Certificateholders' Monthly Principal Distributable Amount and any outstanding Certificateholders' Principal Carryover Shortfall from the preceding Distribution Date, over the amount in respect of principal that is actually deposited in the Certificate Distribution Account on such Distribution Date.
Certificateholders' Principal Carryover Shortfall means, with respect to any Class of Certificates, as of the close of any Certificate Distribution Date on or after which the Notes have been paid in full, the excess of (i) the sum of the Certificateholders' Principal Distribution Amount on such Certificate Distribution Date and any outstanding Certificateholders' Principal Carryover Shortfall for the preceding Certificate Distribution Date over (ii) the amount of principal actually distributed to the Certificateholders on such Certificate Distribution Date.
Certificateholders' Principal Carryover Shortfall means, with respect to any Distribution Date and a Class of Certificates, the excess, if any, of the Certificateholders' Monthly Principal Distributable Amount for such Class plus any outstanding Certificateholders' Principal Carryover Shortfall for such Class for the preceding Distribution Date over the amount in respect of principal that is actually distributed to the Certificateholders on such current Distribution Date. Certificateholders' Principal Carryover Shortfall is not used to determine the amount of principal due on such Class on any Distribution Date, but is used solely for reporting purposes.
Certificateholders' Principal Carryover Shortfall means, as of the close of any Distribution Date, the sum of (a) the excess, if any, of (i) the sum of (A) the Certificateholder's Monthly Principal Distributable Amount for such Distribution Date and (B) any outstanding Certificateholder's Principal Carryover Shortfall from the preceding Distribution Date, over (ii) the amount in respect of principal that is actually deposited in the Certificate Distribution Account on such current Distribution Date and (b) without duplication of clause (a), the unreimbursed portion of the amount by which the Certificate Balance has been reduced pursuant to SECTION 5.05(E).
Certificateholders' Principal Carryover Shortfall shall have the meaning assigned to such term in the Sale and Servicing Agreement.
Certificateholders' Principal Carryover Shortfall means, as of the close of any Distribution Date on or after which the Notes have been paid in full, the excess of (i) the sum of the Certificateholders' Principal Distribution Amount on
Certificateholders' Principal Carryover Shortfall means, with respect to any Distribution Date after the first Distribution Date, the amount, if any, by which the sum of the Certificateholders' Monthly Principal Distributable Amount for the immediately preceding