Class B-1 Certificate Principal Balance definition

Class B-1 Certificate Principal Balance. As of any date of determination, the aggregate Certificate Principal Balance of the Class B-1 Certificates.
Class B-1 Certificate Principal Balance. As of any date of determination, the sum of the Class B-1A Certificate Principal Balance and the Class B-1B Certificate Principal Balance.
Class B-1 Certificate Principal Balance. As of any time of determination, the Certificate Principal Balance as of the Startup Day of all Class B-1 Certificates less the sum of (x) any amounts actually distributed to the Owners of the Class B-1 Certificates pursuant to Section 7.5 hereof with respect to principal on all prior Payment Dates and (y) the aggregate cumulative amount of the Class B-1 Applied Realized Loss Amounts on all prior Payment Dates.

Examples of Class B-1 Certificate Principal Balance in a sentence

  • No: B-1-1 __________________ CUSIP $[ ] Original Class B-1 Certificate Principal Balance ___________ ___, 20__ Date ___________ ___, 20__ Final Scheduled Distribution Date CEDE & CO.

  • No: B-1-1 152314 FU9 CUSIP $26,100,000 Original Class B-1 Certificate Principal Balance August 14, 2002 Date September 25, 2032 Final Scheduled Distribution Date CEDE & CO.

  • No: B-1-1 152314 PU 8 CUSIP $14,500,000 Original Class B-1 Certificate Principal Balance October 12, 2005 Date October 25, 2035 Final Scheduled Distribution Date CEDE & CO.

  • In the event of such removal, the entire outstanding Class A Certificate Principal Balance, the Class B-1 Certificate Principal Balance and the Class B-2 Certificate Principal Balance, together with accrued interest thereon at the related Certificate Rate, will be required to be paid to the Class A Certificateholders and the Class B Certificateholders on such Payment Date.

  • No: B-1 152314 PB 0 CUSIP $16,508,000 Original Class B-1 Certificate Principal Balance June 16, 2005 Date June 25, 2035 Final Scheduled Distribution Date CEDE & CO.

  • Upon termination of the Trust, the Trustee shall release any remaining Trust Property to the Holders of the Trust Certificate but not if the Class A Certificate Principal Balance, the Class B-1 Certificate Principal Balance and the Class B-2 Certificate Principal Balance have not been reduced to zero or any amounts are owing to the Certificate Insurer or the Trustee.


More Definitions of Class B-1 Certificate Principal Balance

Class B-1 Certificate Principal Balance. As of any date of determination, the aggregate Certificate Principal Balance of the Class B-1 Certificates. Class B-1 Certificates: Each of the Class B-1A Certificates and the Class B-1B Certificates.
Class B-1 Certificate Principal Balance. On any Distribution Date, the Initial Class B-1 Certificate Principal Balance less the sum of (A) all amounts previously distributed to holders of Class B-1 Certificates on previous Distribution Dates on account of amounts described in clauses (I)(y)(iii)-(v), inclusive, of the definition of Class B-1 Distribution, and (B) all amounts of Realized Losses allocated to the Class B-1 Certificates pursuant to Section 13.03 of the Reference Agreement. For purposes of determining whether amounts (I)(y)(iii)-(v), inclusive, were actually distributed on any particular Distribution Date, the distribution on any such Distribution Date to holders of Class B-1 Certificates shall be allocated first to the interest requirement calculated pursuant to clause (I)(y)(i) thereof, second to any balance in the Class B-1 Interest Shortfall Account pursuant to clause (I)(y)(ii) thereof, third to any balance in the Class B-1 Principal Shortfall Account in accordance with clause (I)(y)(iii) of such definition; and fourth to the principal component of the Class B-1 Distribution calculated pursuant to clauses (I)(y)(iv) and (v) thereof.
Class B-1 Certificate Principal Balance. As of any time of determination, the Certificate Principal Balance as of the Startup Day of all Class B-1 Certificates less the sum of (x) any amounts actually distributed to the Owners of the Class B-1 Certificates pursuant to
Class B-1 Certificate Principal Balance means, at any time, the Initial Class B-1 Certificate Principal Amount minus all payments theretofore received by the Class B-1 Certificateholders on account of principal.
Class B-1 Certificate Principal Balance. With respect to any date of determination, (a) the Original Class B-1 Certificate Principal Balance minus (b) the aggregate of amounts previously distributed as principal to the Class B-1 Certificateholders minus (c) any Realized Loss allocated to the Class B-1 Certificates on prior Payment Dates pursuant to Section 3.21 minus (d) any Investor Charge-Off Amounts allocated to the Class B-1 Certificates on prior Payment Dates pursuant to Section 5.01(f).

Related to Class B-1 Certificate Principal Balance

  • Class B-2 Certificate Principal Balance As of any date of determination, the aggregate Certificate Principal Balance of the Class B-2 Certificates.

  • Class A-1 Certificate Principal Balance As of any date of determination, the aggregate Certificate Principal Balance of the Class A-1 Certificates.

  • Class C Certificate Principal Balance As of any date of determination, the aggregate Certificate Principal Balance of the Class C Certificates.

  • Class A Certificate Principal Balance As of any date of determination, the sum of the Class A-1 Certificate Principal Balance, the Class A-2A Certificate Principal Balance, the Class A-2B Certificate Principal Balance, the Class A-2C Certificate Principal Balance, the Class A-2D Certificate Principal Balance and the Class R Certificate Principal Balance.

  • Class M-1 Certificate Principal Balance As of any date of determination, the aggregate Certificate Principal Balance of the Class M-1 Certificates.

  • Certificate Principal Balance With respect to each Class A Certificate, Mezzanine Certificate or Class P Certificate as of any date of determination, the Certificate Principal Balance of such Certificate on the Distribution Date immediately prior to such date of determination plus any Subsequent Recoveries added to the Certificate Principal Balance of such Certificate pursuant to Section 4.01, minus all distributions allocable to principal made thereon and Realized Losses allocated thereto on such immediately prior Distribution Date (or, in the case of any date of determination up to and including the first Distribution Date, the initial Certificate Principal Balance of such Certificate, as stated on the face thereof). With respect to each Class CE Certificate as of any date of determination, an amount equal to the Percentage Interest evidenced by such Certificate times the excess, if any, of (A) the then aggregate Uncertificated Balance of the REMIC II Regular Interests over (B) the then aggregate Certificate Principal Balance of the Class A Certificates, the Mezzanine Certificates and the Class P Certificates then outstanding.

  • Class Certificate Principal Balance As to any Distribution Date, with respect to any Class of Certificates, the Original Class Certificate Principal Balance as reduced by the sum of (x) all amounts actually distributed in respect of principal of that Class on all prior Distribution Dates, (y) all Realized Losses, including Bankruptcy Losses, Special Hazard Losses, Fraud Losses and Excess Losses, if any, actually allocated to that Class on all prior Distribution Dates and (z) in the case of the Subordinate Certificates, any applicable Writedown Amount; provided, however, that pursuant to Section 5.08, the Class Certificate Principal Balance of a Class of Certificates may be increased up to the amount of Realized Losses previously allocated to such Class, in the event that there is a Recovery on a related Mortgage Loan, and the Certificate Principal Balance of any individual Certificate of such Class will be increased by its pro rata share of the increase to such Class.

  • Class M-2 Certificate Principal Balance As of any date of determination, the aggregate Certificate Principal Balance of the Class M-2 Certificates.

  • Class R Certificate Principal Balance As of any date of determination, the aggregate Certificate Principal Balance of the Class R Certificate.

  • Initial Certificate Principal Balance With respect to each Class of Certificates, the Certificate Principal Balance of such Class of Certificates as of the Cut-off Date, as set forth in the Series Supplement.

  • Class B-5 Principal Balance As to the first Determination Date, the Original Class B-5 Principal Balance. As of any subsequent Determination Date, the lesser of (i) the Original Class B-5 Principal Balance less the sum of (a) all amounts previously distributed in respect of the Class B-5 Certificates on prior Distribution Dates (A) pursuant to Paragraph nineteenth of Section 4.01(a) and (B) as a result of a Principal Adjustment and (b) the Realized Losses allocated through such Determination Date to the Class B-5 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding Distribution Date less the sum of the Class A Principal Balance, the Class B-1 Principal Balance, the Class B-2 Principal Balance, the Class B-3 Principal Balance and the Class B-4 Principal Balance as of such Determination Date.

  • Original Certificate Principal Balance With respect to any Class of Certificates, the amount specified for such Class in Section 4.01(d).

  • Class B-2 Principal Balance As to the first Determination Date, the Original Class B-2 Principal Balance. As of any subsequent Determination Date, the lesser of (i) the Original Class B-2 Principal Balance less the sum of (a) all amounts previously distributed in respect of the Class B-2 Certificates on prior Distribution Dates (A) pursuant to Paragraph tenth of Section 4.01(a) and (B) as a result of a Principal Adjustment and (b) the Realized Losses allocated through such Determination Date to the Class B-2 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding Distribution Date less the sum of the Class A Principal Balance and the Class B-1 Principal Balance as of such Determination Date.

  • Aggregate Certificate Principal Balance At any given time, the sum of the then current Class Principal Balances of the Certificates.

  • Original Class Certificate Principal Balance With respect to the Class A Certificates, the Mezzanine Certificates, the Class C Certificates and the Class P Certificates, the corresponding amounts set forth opposite such Class above in the Preliminary Statement.

  • Class B-4 Principal Balance As to the first Determination Date, the Original Class B-4 Principal Balance. As of any subsequent Determination Date, the lesser of (i) the Original Class B-4 Principal Balance less the sum of (a) all amounts previously distributed in respect of the Class B-4 Certificates on prior Distribution Dates (A) pursuant to Paragraph sixteenth of Section 4.01(a) and (B) as a result of a Principal Adjustment and (b) the Realized Losses allocated through such Determination Date to the Class B-4 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding Distribution Date less the sum of the Class A Principal Balance, the Class B-1 Principal Balance, the Class B-2 Principal Balance and the Class B-3 Principal Balance as of such Determination Date.

  • Class B-6 Principal Balance As to the first Determination Date, the Original Class B-6 Principal Balance. As of any subsequent Determination Date, the lesser of (i) the Original Class B-6 Principal Balance less the sum of (a) all amounts previously distributed in respect of the Class B-6 Certificates on prior Distribution Dates pursuant to Paragraph twenty-second of Section 4.01(a) and (b) the Realized Losses allocated through such Determination Date to the Class B-6 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding Distribution Date less the Class A Principal Balance, the Class B-1 Principal Balance, the Class B-2 Principal Balance, the Class B-3 Principal Balance, the Class B-4 Principal Balance and the Class B-5 Principal Balance as of such Determination Date.

  • Class B-1 Principal Balance As to the first Determination Date, the Original Class B-1 Principal Balance. As of any subsequent Determination Date, the lesser of (i) the Original Class B-1 Principal Balance less the sum of (a) all amounts previously distributed in respect of the Class B-1 Certificates on prior Distribution Dates (A) pursuant to Paragraph seventh of Section 4.01(a) and (B) as a result of a Principal Adjustment and (b) the Realized Losses allocated through such Determination Date to the Class B-1 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding Distribution Date less the Class A Principal Balance as of such Determination Date.

  • Class B-3 Principal Balance As to the first Determination Date, the Original Class B-3 Principal Balance. As of any subsequent Determination Date, the lesser of (i) the Original Class B-3 Principal Balance less the sum of (a) all amounts previously distributed in respect of the Class B-3 Certificates on prior Distribution Dates (A) pursuant to Paragraph thirteenth of Section 4.01(a) and (B) as a result of a Principal Adjustment and (b) the Realized Losses allocated through such Determination Date to the Class B-3 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding Distribution Date less the sum of the Class A Principal Balance, the Class B-1 Principal Balance and the Class B-2 Principal Balance as of such Determination Date.

  • Original Class B-5 Principal Balance The Class B-5 Principal Balance as of the Cut-Off Date, as set forth in Section 11.15.

  • Class A-1 Principal Balance as of any date means the Class A‑1 Initial Principal Balance less all amounts paid to the holders of Class A‑1 Notes in respect of principal pursuant to Section 5.06 hereof.

  • Class A-2 Principal Balance as of any date means the Class A-2 Initial Principal Balance less all amounts paid to the holders of Class A-2 Notes in respect of principal pursuant to Section 5.06 hereof.

  • Class B Principal Balance As of any date, an amount equal to the sum of the Class B-1 Principal Balance, Class B-2 Principal Balance, Class B-3 Principal Balance, Class B-4 Principal Balance, Class B-5 Principal Balance and Class B-6 Principal Balance.

  • Class A-3 Principal Balance as of any date means the Class A‑3 Initial Principal Balance less all amounts paid to the holders of Class A‑3 Notes in respect of principal pursuant to Section 5.06 hereof.

  • Class A Principal Balance As of any Distribution Date, (a) the Class A Principal Balance for the immediately preceding Distribution Date less (b) amounts distributed to the Class A Certificateholders on such preceding Distribution Date allocable to principal (including the principal portion of Advances of the Servicer made pursuant to Section 6.03 and Realized Losses allocated to the Class A Certificates pursuant to Section 6.04); provided that the Class A Principal Balance on the first Distribution Date shall be the Original Class A Principal Balance.