Class B-2 Distribution Amount definition

Class B-2 Distribution Amount. As to any Distribution Date, any amount distributable to the Holders of the Class B-2 Certificates pursuant to Paragraphs eighth, ninth and tenth of Section 4.01(a).

Class B-2 Distribution Amount means, as to any Remittance Date, the lesser of (a) the Remaining Amount Available and (b) the Class B-2 Formula Distribution Amount for such Remittance Date.

Class B-2 Distribution Amount means, for any Payment Date, the lesser of (a) the Class B-2 Formula Distribution Amount and (b) that portion of the Amount Available eligible for distribution in respect of such amount in accordance with the priorities set forth in Section 8.04(b).

Examples of Class B-2 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.

• Class B-2 Pool Factor 1.00000000 --------------- CLASS B-3I CERTIFICATES ----------------------- (1) 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.

• Class B-2 Pool Factor 1.00000000 ------------- CLASS B-3I CERTIFICATES ----------------------- (1) 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.

• Ok, Ortol- eva, and Riella (2008) suggest a model in which there is both incompleteness of tastes and of beliefs.

• Amount, if any, by which Class B-2 Formula Distribution Amount plus Class B-2 Liquidation Loss Principal Amount exceeds Class B-2 Distribution Amount $ 0.00 -------------- Class A-1A ARM Certificates --------------------------- 70.

More Definitions of Class B-2 Distribution Amount

Class B-2 Distribution Amount. As to any Remittance Date, the aggregate amount distributed on the Class B-2 Certificates on such Remittance Date pursuant to Section 6.01 (excluding the amount of the Guarantee Payment, if any, with respect to such Remittance Date).

Class B-2 Distribution Amount. With respect to any Distribution Date, the total amount distributed to the Class B-2 Certificateholders pursuant to Section 4.02.

Class B-2 Distribution Amount means, as to any Remittance Date, the ----------------------------- lesser of (a) the Adjusted Amount Available less the sum of (i) any amounts paid to the Servicer pursuant to Section 8.03(a)(1), (ii) the Class A Distribution Amount, (iii) the Class M-1 Distribution Amount, (iv) the Class M-2 Distribution Amount and (v) the Class B-1 Distribution Amount and (b) the Class B-2 Formula Distribution Amount for such Remittance Date.

Class B-2 Distribution Amount means, for any Payment Date, the amount to be distributed to the Class B-2 Certificateholders pursuant to Sections 8.04 and 8.10 on such Payment Date.

Class B-2 Distribution Amount means, as to any Payment Date, the sum of the amounts paid to Class B-2 Certificateholders on such Payment Date pursuant to Section 6.06(a)(xii) and (xiii). "Class B-2 Distribution Test," to be considered "satisfied" for any Payment Date, requires that (i) such Payment Date occurs in or after December 2003; (ii) the Average Sixty-Day Delinquency Ratio for such Payment Date is less than or equal to 10% of the Senior Subordination Percentage; (iii) the Cumulative Realized Losses Test for such Payment Date is satisfied; and (iv) the fraction, expressed as a percentage, the numerator of which is the sum of the Class B-2 Adjusted Principal Balance and the Over-Collateralization Amount as of such Payment Date and the denominator of which is the Pool Scheduled Principal Balance as of the immediately preceding Payment Date, is equal to or greater than 17.50%.

Class B-2 Distribution Amount means, as to any Payment Date, the lesser of (a) the Amount Available (less any amount paid to the Servicer pursuant to Section 8.04(b)(1)) less the sum of the Class A Distribution Amount, the Class M-1 Distribution Amount, the Class M-2 Distribution Amount and the Class B-1 Distribution Amount, and (b) the Class B-2 Formula Distribution Amount.

Class B-2 Distribution Amount means, for any Payment Date, the amount ----------------------------- to be distributed to the Class B-2 Certificateholders pursuant to Sections 8.04, 8.10 and 8.11 on such Payment Date.