Class Notional Balance. With respect to each Distribution Date and the related Interest Accrual Period and the Class A-IO Certificates, the lesser of (a) the Pool Balance as of the first day of the related Due Period and (b) the amount set forth in the schedule in Exhibit Z for such Distribution Date.
Class Notional Balance. Not applicable.
Class Notional Balance. With respect to any Class of Interest-Only Certificates and any Distribution Date, the Class X-1 Certificate Notional Balance, the Class X-2 Certificate Notional Balance, the Class X-3 Certificate Notional Balance, the Class X-4 Notional Balance or the Class X-B Notional Balance, as applicable.
Examples of Class Notional Balance in a sentence
The type of Class with which the Class Notional Balance of each Notional Class will be reduced is indicated in parentheses.
The Weighted Average Life shown for each Notional Class has been calculated on the assumption that a reduction in the Class Notional Balance thereof is a distribution of principal.
The amount shown for each Notional Class (indicated by “NTL” under Principal Type) is its original Class Notional Balance and does not represent princi- pal that will be paid.
The amount shown for the Notional Class (indicated by “NTL” under Principal Type) is its original Class Notional Balance and does not represent principal that will be paid.
The amount shown for each Notional Class (indicated by “NTL” under Principal Type) is its original Class Notional Balance and does not represent principal that will be paid.
More Definitions of Class Notional Balance
Class Notional Balance. With respect to each Distribution Date, the related Accrual Period and the Class A-IO Certificates, the sum of the Component Notional Balances of the A-IO(1) Component and the A-IO(2) Component for such Distribution Date.
Class Notional Balance. As of any date of determination, an amount equal to the sum of (i) the Class ___ Notional Component ___ and (ii) the Certificate Balances of the Class ___ Certificates, the Class ___ Certificates, the Class ___ Certificates, the Class ___ Certificates, the Class ___ Certificates, the Class ___ Certificates, the Class ___ Certificates and the Class ___ Certificates.
Class Notional Balance. As of any date of determination, an amount equal to the Certificate Principal Balance of the Class Certificates.
Class Notional Balance. With respect to each Distribution Date and the related Accrual Period, and (i) the Class A-IO Certificates, the lesser of (a) the Pool Balance for such Distribution Date and (b) the amount set forth on Exhibit F for such Distribution Date; and (ii) the Class F Certificates (a) for each Distribution Date through November 2008, the aggregate Principal Balance of the Class F Mortgage Loans, as of the first day of the related Due Period and (b) for each Distribution Date thereafter, $0.
Class Notional Balance. With respect to each Payment Date and the Class A-IO Notes, through and including August 25, 2000, the Class Principal Balance of the Class M-1 Notes on the immediately preceding Payment Date, or, in the case of the first Payment Date, on the Closing Date; with respect to each Payment Date after August 25, 2000, zero.
Class Notional Balance. With respect to the Class X Certificates and any Distribution Date, the aggregate Class Principal Balance of the Class A1A, Class A1B, Class A1C and Class PO Certificates, and Subordinate Certificates, at the end of the related Due Period.
Class Notional Balance. For any Distribution Date (a) with respect to the Class A-X1, Class A-X2, Class A-X3 and Class A-X4 Certificates for any Distribution Date to and including the Initial Optional Call Date, the Class Principal Balance of the Class A-1, Class A-2, Class A-3 and Class A-4 Certificates, respectively, for such date, and for any Distribution Date thereafter, zero; and (b) with respect to the Class A-IO Certificates for any Distribution Date to and including the Initial Optional Call Date, the aggregate of the principal balances of the Non-Discount Mortgage Loans for such date, and for any Distribution Date thereafter, the aggregate of the principal balances of the Mortgage Loans for such date.