Class HE definition

Class HE. B-1 Interest Deficiency Amount" means, as to any Payment Date, the amount, if any, by which (a) the Class HE: B-1 Formula Interest Distribution Amount exceeds (b) the amount available for distribution to the Class HE: B-1 Certificateholders pursuant to Sections 8.04(d)(6)(i) and (ii) on such Payment Date.
Class HE. B-1 Principal Balance: As to any Distribution Date, the Original Class HE: B-1 Principal Balance less all amounts previously distributed to Holders of Class HE: B-1 Certificates in respect of principal.

Examples of Class HE in a sentence

  • Amount applied to Unpaid Class HE: B-2 Interest Shortfall .00 71.

  • Remaining Unpaid Class HE: B-2 Interest Shortfall .00 PRINCIPAL 72.

  • Current Principal (Class HE: B Percentage of Formula Principal Distribution Amount less Class HE: B-1 Principal Balance) .00 77.

  • Amount applied to Class HE: B-1 Interest Deficiency Amount .00 54.

  • See also Tilly (1992:97), who argues that unsettled borders fuel the war-making/state- making relationship.


More Definitions of Class HE

Class HE. B-2 Formula Liquidation Loss Interest Distribution Amount" means, as to any Payment Date, 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 15, 1996) at the Class HE: B-2 Pass-Through Rate on the Class HE: B-2 Liquidation Loss Principal Amount, to be calculated immediately prior to such Payment Date on the basis of a 360-day year of twelve 30-day months, and (b) the Unpaid Class HE: B-2 Liquidation Loss Interest Shortfall, if any.
Class HE. M-1 Liquidation Loss Interest Shortfall" means, as to any Payment Date, the amount, if any, by which (a) the Class HE: M-1 Formula Liquidation Loss Interest Distribution Amount exceeds (b) any amount distributed to Class HE: M-1 Certificateholders on such Payment Date pursuant to Section 8.04(d)(8)(i).
Class HE. M-1 Formula Interest Distribution Amount" means, as to any Payment Date, the sum of (a) the amount specified in clause (a) of the definition of the term "Class HE: M-1 Formula Distribution Amount" and (b) the Unpaid Class HE: M-1 Interest Shortfall, if any.
Class HE. M-2 Pass-Through Rate" means 8.30% per annum, computed on the basis of a 360-day year of twelve 30-day months.
Class HE. B-2 Formula Distribution Amount: As to any Distribution Date, an amount equal to the sum of (a) one month's interest (or, as to the first Distribution Date, interest from and including the Closing Date to but excluding _____) at the Class HE: B-2 Pass-Through Rate on the excess of the Class HE: B-2 Principal Balance over the Class HE: B-2 Liquidation Loss Principal Amount, to be calculated immediately prior to such Distribution Date, (b) any Unpaid Class HE: B-2 Interest Shortfall, and (c) if such Distribution Date is after the Class HE: B-1 Cross-over Date, the Class HE: B Percentage of the Sub-Pool HE Formula Principal Distribution Amount; provided, however, that on the Class HE: B-1 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 HE: B-1 Formula Distribution Amount" (assuming a sufficient Sub-Pool HE 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, that the aggregate of all amounts distributed pursuant to clause (c) of this definition shall not exceed the Original Class HE: B-2 Principal Balance.
Class HE. A-1 Cross-over Date" means the Payment Date on which the Class HE: A-1 Principal Balance (after giving effect to the distributions of principal on the Class HE: A-1 Certificates on such Payment Date) is reduced to zero.