Class A-5 Distribution Amount definition

Class A-5 Distribution Amount. With respect to any Payment Date, the sum of (x) the Class A-5 Current Interest, (y) the Class A-5 Interest Carry Forward Amount and (z) the Group I Class A Principal Distribution Amount payable to the Owners of the Class A-5 Certificates pursuant to Section 7.03(f) hereof.

Class A-5 Distribution Amount means, for any Payment Date, the amount to be distributed to the Class A-5 Certificateholders pursuant to Sections 8.04 and 8.10 on such Payment Date.

Class A-5 Distribution Amount. As to any Remittance Date, the aggregate amount distributed on the Class A-5 Certificates on such Remittance Date pursuant to Section 6.01.

Examples of Class A-5 Distribution Amount in a sentence

• Where possible any law that limits our rights and actions under the Security Interest is excluded from the Security Interest.

• On the 25th day of each month, or, if such day is not a Business Day, then the next succeeding Business Day (each such day being a "Payment Date") commencing July 25, 1997, the Owners of the Class A-5 Certificates as of the close of business on the last day of the calendar month immediately preceding the calendar month in which a Payment Date occurs (the "Record Date") will be entitled to receive the Class A-5 Distribution Amount relating to such Certificate on such Payment Date.

• Our timing is more realistic since it is true that consumers learn most of their transaction benefits from card usage when they are at the store (such as theavailability of cash holdings, the transaction value, or the distance to the closest ATM) or after they decide to hold the card (such as discounts on products sold by affiliates).

• On the 25th day of each month, or, if such day is not a Business Day, then the next succeeding Business Day (each such day being a "Payment Date") commencing July 27, 1998, the Owners of the Class A-5 Certificates as of the close of business on the last Business Day of the calendar month immediately preceding the calendar month in which a Payment Date occurs (the "Record Date") will be entitled to receive the Class A-5 Distribution Amount relating to such Certificate on such Payment Date.

• On the 15th day of each month, or, if such day is not a Business Day, then the next succeeding Business Day (each such day being a "Payment Date") commencing April 15, 1998, the Owners of the Class A-5 Certificates as of the close of business on the last day of the calendar month immediately preceding the calendar month in which a Payment Date occurs (the "Record Date") will be entitled to receive the Class A-5 Distribution Amount relating to such Certificate on such Payment Date.

More Definitions of Class A-5 Distribution Amount

Class A-5 Distribution Amount. As to any Distribution Date, the total ----------------------------- amount distributed to the Class A-5 Certificateholders pursuant to Section 5.02.

Class A-5 Distribution Amount. With respect to the Class A-5 Certificates for any Distribution Date, the amount to be distributed to the Holders of the Class A-5 Certificates on such Distribution Date, applied first to interest and then to principal, which amount shall be the sum of (i) the pro rata portion of any moneys released from the Pre-Funding Account as a prepayment of principal on the Class A-5 Certificates pursuant to Section 6.01(g) hereof and (ii) the lesser of (x) the Class A-5 Formula Distribution Amount for such Distribution Date or (y) the amount (including any applicable portion of any Insured Payment) available for distribution on account of the Class A-5 Certificates for such Distribution Date. CLASS A-5 FINAL SCHEDULED MATURITY DATE: The December 15, 2032 Distribution Date.

Class A-5 Distribution Amount means, with respect to the Class A-5 Certificates for any Remittance Date, the amount distributed to the Holders of the Class A-5 Certificates on such Remittance Date pursuant to Sections 6.5(a)(vi) and 6.5(b)(iv), (v), (vi) and (viii) hereof.

Class A-5 Distribution Amount. As of any Payment Date, the sum of (i) the Class A-5 Principal Distribution Amount for such Payment Date, (ii) the Class A-5 Interest Distribution Amount for such Payment Date and (iii) the Class A-5 Interest Carry-Forward Amount for such Payment Date.

Class A-5 Distribution Amount. The sum of (x) Class A-5 Current Interest and (y) the Adjustable Rate Group Principal Distribution Amount payable to the Owners of Class A-5 Certificates pursuant to Section 7.03(c)(iii)(C) hereof.

Class A-5 Distribution Amount. With respect to any Payment Date, the sum of (x) Class A-5 Current Interest, (y) the Class A-5 Lockout Distribution Amount payable to the owners of the Class A-5 Certificates pursuant to Section 7.03(b)(iii)(B)(I) and (z) the Fixed Rate Group Principal Distribution Amount payable to the Owners of the Class A-5 Certificates pursuant to Section 7.03(b)(iii)(B)(II)(v) for such Payment Date; provided, however, that the Class A-5 Distribution Amount shall in no event be greater than the sum of (a) the Class A-5 Current Interest and (b) lesser of (i) the Class A-5 Certificate Principal Balance and (ii) the Fixed Rate Group Principal Distribution Amount for such Payment Date.

Class A-5 Distribution Amount. For any Distribution Date, (i) the Class A-5 Scheduled Distribution Percentage of the applicable Non-PO Percentage of all amounts described in clauses (a) through (d) of the definition of "Non-PO Formula Principal Amount" for such Distribution Date, (ii) with respect to each Mortgage Loan that became a Liquidated Loan during the calendar month preceding the month of such Distribution Date, the lesser of (A) the Class A-5 Scheduled Distribution Percentage of the applicable Non-PO Percentage of the Scheduled Principal Balance of such Mortgage Loan, or (B) either (a) the Class A-5 Prepayment Distribution Percentage, or (b) if an Excess Loss was sustained with respect to such Liquidated Loan during such prior calendar month, the Class A-5 Scheduled Distribution Percentage of the applicable Non-PO Percentage of the amount of the Liquidation Proceeds allocable to principal received with respect to such Mortgage Loan, and (iii) the Class A-5 Prepayment Distribution Percentage, of the applicable Non-PO Percentage of the amounts described in clause (f) 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 Loan, the Class A-5 Distribution Amount will be reduced on the related Distribution Date by the Class A-5 Scheduled Distribution Percentage of the applicable Non-PO Percentage of the principal portion of such Bankruptcy Loss.