Class IO Distribution Amount definition

Class IO Distribution Amount. As defined in Section 3.20 hereof. For purposes of clarity, the Class IO Distribution Amount for any Distribution Date shall equal the amount payable to the Swap Administrator on such Distribution Date in excess of the amount payable on the Class SWAP-IO Interest on such Distribution Date, all as further provided in Section 3.20 hereof.
Class IO Distribution Amount. As defined in Section 4.09(e). Class M Certificates: Collectively, the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6 and Class M-7 Certificates. Class M-1 Certificate: Any one of the Class M-1 Certificates executed by the Trustee and authenticated by the Certificate Registrar substantially in the form annexed to the Standard Terms as Exhibit B, senior to the Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class SB and Class R Certificates with respect to distributions and the allocation of Realized Losses as set forth in Section 4.05, and evidencing (i) an interest designated as a "regular interest" in REMIC III for purposes of the REMIC Provisions, (ii) the right to receive payments under the Swap Agreement and the SB-AM Swap Agreement, (iii) the right to receive Basis Risk Shortfalls and (iv) an obligation to pay the Class IO Distribution Amount.
Class IO Distribution Amount. Any of the Group I Class IO Distribution Amount or the Group II Class IO Distribution Amount. Closing Date: November 30, 2006.

Examples of Class IO Distribution Amount in a sentence

  • However, any payment from the Class A and Senior Subordinate Certificates of a Class IO Distribution Amount shall be treated for tax purposes as having been received by the holders of such Certificates in respect of the Corresponding Class of REMIC III Regular Interests and as having been paid by such holders to the Supplemental Interest Trust pursuant to the Internal Swap Agreement.

  • The study had considered both the scope and content of the three countries' competition legislation, and had found that, in general, such legislation was consistent with the principle of national treatment.

  • The Securities Administrator also acknowledges the obligation of the Offered Certificates and the Class CE Certificates to pay the Class IO Distribution Amount.

  • In addition, notwithstanding the foregoing clause (a)(2), to the extent a Class IO Distribution Amount is payable from principal collections, Principal Distribution Amounts will be deemed paid to the most subordinate Class of Regular Certificates, until the Certificate Principal Balance thereof has been reduced to zero, and such amount will be paid pursuant to Section 3.21(f).

  • The case filed against the City of Cleveland for fees is still pending.• Legislation – Land Bank legislation is currently pending before the Ohio Senate.


More Definitions of Class IO Distribution Amount

Class IO Distribution Amount. Any of the Group 1 Class IO Distribution Amount or the Group 2 Class IO Distribution Amount.
Class IO Distribution Amount. As defined in Section 4.09 hereof. For purposes of clarity, the Class IO Distribution Amount for any Distribution Date shall equal the amount payable to the Supplemental Interest Trust on such Distribution Date in excess of the amount payable on the Class Swap-IO Interest on such Distribution Date, all as further provided in Section 4.09 hereof. The Class IO Distribution Amount will reduce amounts actually paid to the Class A, Class M, Class B and Class C Certificates.
Class IO Distribution Amount. As defined in Section 4.09 hereof. For purposes of clarity, the Class IO Distribution Amount for any Distribution Date shall equal the amount payable to the Supplemental Interest Trust with respect to the Interest Rate Swap Agreement pursuant to the sixth paragraph of Section 4.01(a) (except for the last sentence thereof) on such Distribution Date in excess of the amount payable on the Class IO Interest on such Distribution Date, all as further provided in Section 4.09 hereof.
Class IO Distribution Amount. For purposes of clarity, the Class IO Distribution Amount for any Distribution Date shall equal the amount payable to the Swap Account on such Distribution Date in excess of the amount payable on the Class IO Interest on such Distribution Date.
Class IO Distribution Amount. As defined in Section 5.12 hereof.
Class IO Distribution Amount. As defined in Section 4.16 hereof. For purposes of clarity, the Class IO Distribution Amount for any Distribution Date shall equal the amount payable to the Swap Administrator on such Distribution Date in excess of the amount payable on REMIC VI Regular Interest IO on such Distribution Date, all as further provided in Section 4.16 hereof. Closing Date: July 29, 2005. Code: The Internal Revenue Code of 1986, including any successor or amendatory provisions.