Examples of Class A Distribution Amount in a sentence
Monthly Servicing Fee (deducted from Certificate Account balance to arrive at Amount Available if the Company or Green Tree Financial Servicing Corporation is not the Servicer; deducted from funds remaining after payment of Class A Distribution Amount, Class M-1 Distribution Amount, Class B-1 Distribution Amount and Class B-2 Distribution Amount, if the Company or Green Tree Financial Servicing Corp.
The Class A-___ Distribution Amount on any Distribution Date shall be an amount equal to ___% of the portion of the Required Distribution that is allocable to principal that is distributable with respect to the Senior Interest as defined below, and ___% of the portion of the Required Distribution that is allocable to interest that is distributable with respect to the Senior Interest as defined below.
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Holders of Class B Interests and Class C Interests shall share, on a pro rata basis, in the Distributions of the Determined Distribution Amount, less the Class A Distribution Amount.
The Class [A] Distribution Amount, the Class [A-IO] Custody Receipt Interest Distribution shall be paid to Owners of Custody Receipts of the related class pro rata based on the Initial Custody Receipt Balance or Initial Aggregate Class [A-IO] Custody Receipt Notional Amount of the Custody Receipts held by such Owners.