Class A Formula Principal Distribution Amount definition

Class A Formula Principal Distribution Amount means, as to any Payment Date, the lesser of (a) the Class A Percentage of the Formula Principal Distribution Amount and (b) the Class A Principal Balance.
Class A Formula Principal Distribution Amount means, for any Payment Date, the excess of:
Class A Formula Principal Distribution Amount. With respect to any --------------------------------------------- Distribution Date, the sum of (i) the Class A Percentage of the Scheduled Formula Principal Distribution Amount and (ii) the Class A Prepayment Percentage of the Unscheduled Formula Principal Distribution Amount.

Examples of Class A Formula Principal Distribution Amount in a sentence

  • Amount, if any, by which Class A Formula Principal Distribution Amount exceeds amounts distributed pursuant to item 23, above.

  • Amount, if any, by which Class A Formula Principal Distribution Amount exceeds amounts distributed pursuant to item 31, above.

  • Class B-2 Principal: If the Payment Date is (A) prior to the Stepdown Date or (B) on or after the Stepdown Date and a Trigger Event exists, the Formula Principal Distribution Amount less the sum of the Class A Formula Principal Distribution Amount, the Class M-1 Formula Principal Distribution Amount, the Class M-2 Formula Principal Distribution Amount, and the Class B-1 Formula Principal Distribution Amount (but in no event greater than the Class B-2 Principal Balance).

  • The Certificate Balance hereof will be reduced by this Certificate's Percentage Interest of distributions of the Class A Formula Principal Distribution Amount.

  • Sub-Pool HE: Class A Formula Principal Distribution Amount: (a) Scheduled Principal 325,131.64 (b) Principal Prepayments 4,699,578.71 (c) Liquidated Contracts .00 (d) Repurchases .00 (e) Previously undistributed Principal amount .00 (f) Less Class HE: A-1ARM Formula Principal Distribution Amount .00 Total Principal 5,024,710.35 7.


More Definitions of Class A Formula Principal Distribution Amount

Class A Formula Principal Distribution Amount means, for any Payment Date:
Class A Formula Principal Distribution Amount means, as to any Payment Date, the sum of the Class A-1 ARM Formula Principal Distribution Amount and the Senior Percentage of the Formula Principal Distribution Amount.
Class A Formula Principal Distribution Amount. With respect to (i) a --------------------------------------------- Distribution Date that is prior to the Cross-over Date, the Formula Principal Distribution Amount, (ii) a Distribution Date as to which the Principal Distribution Tests are not satisfied, the Formula Principal Distribution Amount and (iii) any other Distribution Date, the Class A Percentage of the Formula Principal Distribution Amount. For any Distribution Date, if the Class A Formula Principal Distribution Amount exceeds the Class A Certificate Balance less the Unpaid Class A Principal Shortfall with respect to such Class and Distribution Date, then such amounts shall be allocated to the Class M-1 Formula Principal Distribution Amount.
Class A Formula Principal Distribution Amount. With respect to any Remittance Date, means the applicable Senior Percentage multiplied by the Principal Distribution Amount; PROVIDED, HOWEVER, that, with respect to any Remittance Date, the Class A Formula Principal Distribution Amount shall never exceed the Class Principal Balance of the Class A Notes.
Class A Formula Principal Distribution Amount. With respect to any Distribution Date, the Class A Percentage multiplied by the Formula Principal Distribution Amount. For any Distribution Date, if the Class A Formula Principal Distribution Amount exceeds the Class A Certificate Balance less the Unpaid Class A Principal Shortfall with respect to such Class and Distribution Date, then such amounts shall be allocated to the Class M-1 Formula Principal Distribution Amount.
Class A Formula Principal Distribution Amount. Class A-1 _________ Class A-2 _________ Class A-3 _________ Class A-4 _________ Class A-5 _________
Class A Formula Principal Distribution Amount. As to any Distribution Date, the sum of (i) the Class A Percentage for such Distribution Date of the Scheduled Formula Principal Distribution Amount on such Distribution Date and (ii) the Class A Prepayment Percentage for such Distribution Date of the Unscheduled Formula Principal Distribution Amount on such Distribution Date.