Class B-1 Formula Distribution Amount means, as to any Remittance Date, an amount equal to the sum of (a) interest (calculated in the manner specified in Section 1.03) at the Class B-1 Remittance Rate on the Class B-1 Adjusted Principal Balance as of such Remittance Date, (b) any Unpaid Class B-1 Interest Shortfall, (c) the Class B Percentage of the Formula Principal Distribution Amount, (d) any Unpaid Class B-1 Principal Shortfall, (e) any Additional Principal Distribution Amount to be distributed to the Class B-1 Certificates pursuant to Section 8.03(a)(12), (f) any Class B-1 Liquidation Loss Interest Amount, and (g) any Unpaid Class B-1 Liquidation Loss Interest Shortfall; provided, however, that on the Class M-2 Cross-Over Date, the balance of any amounts that would have been distributable on such date pursuant to clauses (c), (d) and (e) of the term "Class M-2 Formula Distribution Amount" (assuming a sufficient Amount Available) but for the operation of the second proviso to such term shall instead be included in clause (c) or (e) of this definition, as applicable; provided, further, that the aggregate of all amounts distributed pursuant to clauses (c), (d) and (e) of this definition shall not exceed the Original Class B-1 Principal Balance.
Class B-1 Formula Distribution Amount means, as to any Remittance Date, an amount equal to the sum of (a) interest (calculated in the manner specified in Section 1.03) at the Class B-1 Remittance Rate on the Class B-1 Adjusted Principal Balance as of such Remittance Date, (b) any Unpaid Class B-1 Interest Shortfall, (c) the Class B Percentage of the Formula Principal Distribution Amount, (d) any Unpaid Class B-1 Principal Shortfall, (e) any Class B-1 Liquidation Loss Interest Amount, and (f) any Unpaid Class B-1 Liquidation Loss Interest Shortfall; PROVIDED, HOWEVER, that on the Class M-1 Cross-over Date, the balance of any amounts that would have been distributable on such date pursuant to clauses (c) and (d) of the term "Class M-1 Formula Distribution Amount" (assuming a sufficient Amount Available) but for the operation of the second proviso to such term shall instead be included in clause (c) of this definition; PROVIDED, FURTHER, that the aggregate of all amounts distributed pursuant to clauses (c) and (d) of this definition shall not exceed the Original Class B-1 Principal Balance.
Class B-1 Formula Distribution Amount means, as to any Remittance Date, an amount equal to the sum of:
Examples of Class B-1 Formula Distribution Amount in a sentence
Amount, if any, by which the amount in clause (c) of the Class B-1 Formula Distribution Amount exceeds the amount distributed pursuant to item (43) $ 0.00 -------------- Class M-1 Certificates ---------------------- 46.
Such tech- nologies offer standard ways of intercepting component calls that can be used for implementing protectors.
Amount by which Class B-1 Formula Distribution Amount (lines 17(c) and (d), 42, 49(b)) exceeds Class B-1 Distribution Amount (lines 17(e), 43, 49(c)) $ 0.00 -------------- CERTIFICATES FOR HOME IMPROVEMENT AND HOME EQUITY LOANS 1999-B MONTHLY REPORT December 1999 PAGE 7 Distribution Date: 1/18/00 CUSIP# 393511 AA8,AB6 AC4,AD2,AE0,AF7 Trust Account: 3337597-0 Class B-2 --------- 48.
Amount by which Class B-1 Formula Distribution Amount (lines 17(c) and (d), 42, 49(b)) exceeds Class B-1 Distribution Amount (lines 17(e), 43, 49(c)) $ 0.00 -------------- Class B-2 --------- 53.
The next chapter will provide a review of relevant literature to further ground the theoretical and practical frameworks with which this study was founded.
More Definitions of Class B-1 Formula Distribution Amount
Class B-1 Formula Distribution Amount means, as to any Remittance Date, an amount equal to the sum of (a) one month's interest (or, with respect to the first Remittance Date, interest from and including the Closing Date to but excluding October 15, 1996) at the Class B-1 Remittance Rate on the Class B-1 Adjusted Principal Balance as of such Remittance Date, (b) any Unpaid Class B-1 Interest Shortfall, (c) the Class B Percentage of the Formula Principal Distribution Amount, (d) any Unpaid Class B-1 Principal Shortfall, (e) any Class B-1 Liquidation Loss Interest Amount, and (f) any Unpaid Class B-1 Liquidation Loss Interest Shortfall; provided, however, that on the Eighth Cross-over Date, the balance of any amounts that would have been distributable on such date pursuant to clauses (c) and (d) of the term "Class M-1 Formula Distribution Amount" (assuming a sufficient Amount Available) but for the operation of the second proviso to such term shall instead be included in clause (c) of this definition; provided, further, that the aggregate of all amounts distributed pursuant to clauses (c) and (d) of this definition shall not exceed the Original Class B-1 Principal Balance.
Class B-1 Formula Distribution Amount means, as to any Remittance Date, an amount equal to the sum of (a) one month's interest (or, with respect to the first Remittance Date, interest from and including the Closing Date to but excluding October 15, 1995) at the Class B-1 Remittance Rate on the Class B-1 Principal Balance as calculated immediately prior to such Remittance Date, (b) any Unpaid Class B-1 Interest Shortfall, (c) the Class B Percentage of the Formula Principal Distribution Amount, and (d) any Unpaid Class B-1 Principal Shortfall; provided, however, that on the Seventh Cross-over Date, the balance of any amounts that would have been distributable on such date pursuant to clauses (c) and (d) of the term "Class M-1 Formula Distribution Amount" (assuming a sufficient Amount Available) but for the operation of the second proviso to such term shall instead be included in clause (c) of this definition; provided, further, that the aggregate of all amounts distributed pursuant to clauses (c) and (d) of this definition shall not exceed the Original Class B-1 Principal Balance.
Class B-1 Formula Distribution Amount means, for any Payment Date, an amount equal to the sum of (a) one month's interest (or, as to the first Payment Date, interest from and including the Closing Date to but excluding September 15, 1999) at the Class B-1 Pass-Through Rate on the Class B-1 Adjusted Principal Balance for such Payment Date, (b) any Unpaid Class B-1 Interest Shortfall, (c) if such Payment Date is on or prior to the Class B-1 Cross-over Date, the Class B Percentage of the Formula Principal Distribution Amount and (d) any Class B-1 Formula Liquidation Loss Interest Distribution Amount; provided, however, that on the Class M-2 Cross-over Date, the balance of any amounts that would have been distributable on such date pursuant to clause (c) of the definition of the term "Class M-2 Formula Distribution Amount" (assuming a sufficient Amount Available) but for the operation of the second proviso in such definition shall instead be included in clause (c) of this definition; and provided, further,
Class B-1 Formula Distribution Amount means, as to any Payment Date, the sum of (a) the Class B-1 Interest Amount, (b) any Unpaid Class B-1 Interest Shortfall, (c) any Class B-1 Formula Liquidation Loss Interest Distribution Amount, and (d) the Class B-1 Formula Principal Distribution Amount.
Class B-1 Formula Distribution Amount means, for any Payment Date, an amount equal to the sum of (a) one month's interest (or, as to the first Payment Date, interest from and including the Closing Date to but excluding December 15, 1999) at (1) the Class BV-1 Pass-Through Rate on the Class BV-1 Adjusted Principal Balance and (2) the Class BF-1 Pass-Through Rate on the Class BF-1 Adjusted Principal Balance, in each case to be calculated immediately prior to such Payment Date, (b) the aggregate of the Unpaid Class B-1 Interest Shortfalls, if any, with respect to each Class of Class B-1 Certificates, (c) the sum of the Class BF-1 and Class BV-1 Formula Principal Distribution Amounts and (d) the aggregate of the Class B-1 Formula Liquidation Loss Interest Distribution Amounts, if any, with respect to each Class of Class B-1 Certificates.
Class B-1 Formula Distribution Amount means, for any Payment Date, an ------------------------------------- amount equal to the sum of (a) one month's interest (or, as to the first Payment Date, interest from and including the Closing Date to but excluding October 16, 2000) at the Class B-1 Pass-Through Rate on the Class B-1 Adjusted Principal Balance, (b) the Unpaid Class B-1 Interest Shortfall, if any, (c) the Class B-1 Formula Principal Distribution Amount and (d) the Class B-1 Formula Liquidation Loss Interest Distribution Amount, if any, with respect to the Class B-1 Certificates.
Class B-1 Formula Distribution Amount means, for any Payment Date, an amount equal to the sum of (a) interest from and including the immediately preceding Payment Date to but excluding the current Payment Date (or, as to the first Payment Date, interest from and including the Closing Date to but excluding July 17, 2000) at the Class B-1 Pass-Through Rate on the Class B-1 Adjusted Principal Balance immediately prior to such Payment Date, (b) the aggregate of the Unpaid Class B-1 Interest Shortfalls, if any, with respect to the Class B-1 Certificates, (c) the Class B-1 Formula Principal Distribution Amount and (d) the Class B-1 Formula Liquidation Loss Interest Distribution Amount, if any, with respect to the Class B-1 Certificates.