Class A Controlled Distribution Amount definition

Class A Controlled Distribution Amount means, with respect to any Distribution Date, an amount equal to the Class A Controlled Amortization Amount plus any existing Class A Deficit Controlled Amortization Amount determined on the preceding Distribution Date, if any.

Class A Controlled Distribution Amount means, with respect to any Related Month during the Class A Controlled Amortization Period, an amount equal to the sum of the Class A Controlled Amortization Amount and any Class A Carryover Controlled Amortization Amount for such Related Month.

Class A Controlled Distribution Amount means a Class A-1 Controlled Distribution Amount or a Class A-2 Controlled Distribution Amount, as the context may require.

Examples of Class A Controlled Distribution Amount in a sentence

• No payments on account of principal shall be made with respect to the Class C Notes on any Distribution Date during the Series 2015-1 Controlled Amortization Period unless an amount equal to the Class A Controlled Distribution Amount for the Related Month shall have been paid to the Class A Noteholders and an amount equal to the Class B Controlled Distribution Amount for the Related Month shall have been paid to the Class B Noteholders.

• The Property Council welcomes the concept of the Call Tender Schedule (CTS).However, the schedule is not updated regularly or posted on the internet in a timely fashion.

• No payments on account of principal shall be made with respect to the Class C Notes on any Distribution Date during the Series 2014-1 Controlled Amortization Period unless an amount equal to the Class A Controlled Distribution Amount for the Related Month shall have been paid to the Class A Noteholders and an amount equal to the Class B Controlled Distribution Amount for the Related Month shall have been paid to the Class B Noteholders.

• No payments on account of principal shall be made with respect to the Class C Notes on any Distribution Date during the Series 2020-2 Controlled Amortization Period unless an amount equal to the Class A Controlled Distribution Amount for the Related Month shall have been paid to the Class A Noteholders and an amount equal to the Class B Controlled Distribution Amount for the Related Month shall have been paid to the Class B Noteholders.

• No payments on account of principal shall be made with respect to the Class C Notes on any Distribution Date during the Series 2014-2 Controlled Amortization Period unless an amount equal to the Class A Controlled Distribution Amount for the Related Month shall have been paid to the Class A Noteholders and an amount equal to the Class B Controlled Distribution Amount for the Related Month shall have been paid to the Class B Noteholders.

More Definitions of Class A Controlled Distribution Amount

Class A Controlled Distribution Amount means, with respect to any Related Month during the Series 2015-3 Controlled Amortization Period, an amount equal to the excess of (x) one-third of the Class A Invested Amount on the Scheduled Expiry Date (after giving effect to any Increase or Decrease on the Scheduled Expiry Date) over (y) the aggregate amount of any Decreases made during such Related Month pursuant to Section 2.5.

Class A Controlled Distribution Amount means, with respect to any Related Month during the Class A Controlled Amortization Period, an amount equal to the excess of (x) one-third of the Class A Invested Amount on the Class A Scheduled Expiry Date (after giving effect to any Increase or Decrease on the Class A Scheduled Expiry Date) over (y) the aggregate amount of any Decreases made with respect to the Class A Notes during such Related Month pursuant to Section 2.5.

Class A Controlled Distribution Amount means, for any Payment Date, an amount equal to the sum of $4,500,000 plus any Class A Carryover Amount.

Class A Controlled Distribution Amount means, with respect to -------------------------------------- any Class A Amortization Date, the Class A Controlled Amortization Amount plus any Class A Controlled Amortization Amounts that were not paid on any previous Class A Amortization Date.

Class A Controlled Distribution Amount means a Class A-1 Controlled Distribution Amount, a Class A-2 Controlled Distribution Amount, a Class A-3 Controlled Distribution Amount, a Class A-4 Controlled Distribution Amount, or a Class A-5 Controlled Distribution Amount.

Class A Controlled Distribution Amount means, with respect to any Group IV Related Month during the Class A Controlled Amortization Period, an amount equal to the sum of the Class A Controlled Amortization Amount and any Class A Carryover Controlled Amortization Amount for such Group IV Related Month.

Class A Controlled Distribution Amount means (i) with respect to the Distribution Date on which the Class A Invested Amount is reduced to zero, an amount equal to the sum of (x) $1,700,000 and (y) integral multiples (including zero) of $2,500,000 in excess thereof not to exceed in the aggregate the Class A Invested Amount as of such Distribution Date, and (ii) with respect to any other Distribution Date, an amount equal to $2,500,000 and integral multiples thereof (in each case prior to giving effect to any distribution in respect of principal of such Certificates to be made on such Distribution Date).