Class A Certificate Balance definition

Class A Certificate Balance means, at any time, the original Class A Certificate Balance, as reduced by all amounts allocable to principal on the Class A Certificates distributed to Class A Holders prior to such time.

Class A Certificate Balance shall initially equal the Class A Initial Certificate Balance and, on any date thereafter, shall equal the Class A Certificate Balance, reduced by all amounts previously distributed to Class A Certificateholders and allocable to principal.

Class A Certificate Balance shall equal, initially, the Class A Percentage of the Original Pool Balance and, thereafter, shall equal the initial Class A Certificate Balance, reduced by all amounts previously distributed to Class A Certificateholders and allocable to principal.

Examples of Class A Certificate Balance in a sentence

• Upon initial issuance, the Class A Certificates and the Class B Certificates shall be in the form of Exhibit A and Exhibit B, respectively, which are incorporated by reference herein, and shall be issued as provided in Section 5.8, in an aggregate amount equal to the Original Class A Certificate Balance and the Original Class B Certificate Balance, respectively.

• The Certificates shall be issuable in denominations of $1,000 and integral multiples thereof; provided that one Class A Certificate and one Class B Certificate may be issued in a denomination that represents the residual amount of the original Class A Certificate Balance and the Original Class B Certificate Balance, respectively.

• The Aggregate Outstanding Class A Certificate Balance will be reduced by the aggregate Current Certificate Balance of such Class A Certificates subject to Mandatory Tender that are canceled.

• The Administrator will promptly notify Xxxxxxx Mac and DTC of the resulting reduction in the Aggregate Outstanding Class B Certificate Balance and the corresponding increase in the Aggregate Outstanding Class A Certificate Balance, and the Liquidity Commitment will be increased accordingly.

• Each Class of Certificates shall be issuable in minimum denominations of $1,000 and integral multiples in excess thereof; provided, however, that one Class A Certificate and one Class B Certificate may be issued in a denomination that includes any remaining portion of the Original Class A Certificate Balance and the Original Class B Certificate Balance, respectively (each, a "Residual Certificate").

More Definitions of Class A Certificate Balance

Class A Certificate Balance. At any time, the sum of the Class A-1 --------------------------- Certificate Balance, the Class A-2 Certificate Balance, the Class A-3 Certificate Balance, the Class A-4 Certificate Balance and the Class A-5 Certificate Balance.

Class A Certificate Balance shall initially equal the Original Class A Certificate Balance and, on any date thereafter, shall equal the Original Class A Certificate Balance, reduced by all amounts previously distributed to Class A Certificateholders and allocable to principal; provided, however, that on any Distribution Date on or after the Distribution Date on which the Class B Certificate Balance is reduced to zero, after all required distributions and deposits have been made, the Class A Certificate Balance will be reduced by the amount, if any, necessary to cause the Class A Certificate Balance to equal the Pool Balance as of the last day of the related Collection period.

Class A Certificate Balance shall equal, initially, the Original Class A Certificate Balance and, thereafter, shall equal the Original Class A Certificate Balance, reduced by all amounts previously distributed on the Class A Certificates and allocable to principal.

Class A Certificate Balance shall equal, initially, the Original Class A Certificate Balance and, thereafter, shall equal the Original Class A Certificate Balance, reduced by all amounts previously distributed to the Class A Certificateholders and allocable to principal; provided, however, that on any Distribution Date on or after the Distribution Date on which the Class B Certificate Balance and the Class C Certificate Balance are reduced to zero, the Class A Certificate Balance on any Distribution Date will equal the Pool Balance as of the last day of the related Collection Period after all required distributions, deposits and withdrawals have been made.

Class A Certificate Balance. Initially, the Class A Percentage of the Original Aggregate Principal Balance and, thereafter, the initial Class A Certificate Balance reduced by all amounts distributed to the Class A Certificateholders and allocable to principal.

Class A Certificate Balance shall equal, initially, the Class A Percentage of the aggregate Principal Balance of the Initial Receivables as of the initial Cutoff Date plus the Class A Percentage of the Original Pre-Funded Amount, if any, and, thereafter, the initial Class A Certificate Balance, reduced by all amounts previously distributed to Class A Certificateholders as principal.

Class A Certificate Balance means the sum of the Class A-1 Certificate Balance, the Class A-2 Certificate Balance and the Class A-3 Certificate Balance.