Definition of Class B Controlled Amortization Amount


Class B Controlled Amortization Amount means, (i) with respect to any Related Month during the Series 2011-3 Controlled Amortization Period other than the Related Month immediately preceding the Series 2011-3 Expected Final Distribution Date, $4,333,333.33 and (ii) with respect to the Related Month immediately preceding the Series 2011-3 Expected Final Distribution Date, $4,333,333.35.


Class B Controlled Amortization Amount means, with respect to any Related Month during the Series 2013-1 Controlled Amortization Period, $16,250,000.

Class B Controlled Amortization Amount means, with respect to any Related Month during the Series 2017-1 Controlled Amortization Period $11,730,000.

Examples of Class B Controlled Amortization Amount in a sentence

The Class B Controlled Accumulation Amount Shortfall or the Class B Controlled Amortization Amount Shortfall, as applicable, shall be reduced by the amount of such deposit.
The Class B Controlled Accumulation Amount Shortfall or the Class B Controlled Amortization Amount Shortfall, as applicable, will be reduced by the amount of such deposit.
Class B Controlled Accumulation Amount Shortfall" or the "Class B Controlled Amortization Amount Shortfall," respectively.
The Class A and Class B Controlled Amortization Amount Shortfall, as of the end of the reportable year.
On each Distribution Date during the Class B Controlled Amortization Period, the Trustee shall withdraw, at the direction of the Servicer, the Class B Controlled Amortization Amount with respect to such Distribution Date from the Class B Principal Funding Account.



More definitions of Class B Controlled Amortization Amount

Class B Controlled Amortization Amount means, with respect to any Related Month during the Series 2010-4 Controlled Amortization Period, $4,250,000.


Class B Controlled Amortization Amount means with respect to any Related Month during the Series 2014-2 Controlled Amortization Period, $12,500,000.

Class B Controlled Amortization Amount means with respect to each Distribution Date during the Class B Controlled Amortization Period, $12,500,000.

Class B Controlled Amortization Amount means, for each Payment Date during the Series 2011-1 Controlled Amortization Period, beginning with the second such Payment Date, an amount equal to $13,333,333.33, with the final amount being $13,333,333.35 on the Series 2011-1 Expected Final Payment Date.