Component Writedown Amount definition
Component Writedown Amount. Not applicable.
Component Writedown Amount. As to any Distribution Date after the Class B4(1-3) Class B5(1-3) and Class B6(1-3) Certificates are no longer outstanding, and with respect to the B3(1-3) Component, the amount by which the sum of the aggregate Certificate Principal Amount of the Senior Certificates in Group 1 and Group 3 and the Class B1(1-3) and Class B2(1-3) Certificates and the Component Principal Amount of the B3(1-3) Component (after giving effect to distributions of principal and allocation of Realized Losses on such date) exceeds the aggregate Scheduled Principal Balance of the Mortgage Loans in Pool 1 and Pool 3 for such Distribution Date; and as to any Distribution Date after the Class 2B4, Class 2B5 and Class 2B6 Certificates are no longer outstanding and with respect to the B3(2) Component, the amount by which the sum of the aggregate Certificate Principal Amount of the Senior Certificates in Group 2 and the Class 2B1 and Class 2B2 Certificates and the Component Principal Amount of the B3(2) Component (after giving effect to distributions of principal and allocation of Realized Losses on such date) exceeds the aggregate Scheduled Principal Balance of the Mortgage Loans in Pool 2 for such Distribution Date.
Component Writedown Amount. As to any Distribution Date and any Component, the amount by which the sum of the aggregate Certificate Principal Amount of the related Senior Certificates, the Class B1(2) and Class B2(2) Certificates (in the case of Certificate Group 2) and the aggregate Component Principal Amount of the related Components (after giving effect to distributions of principal and allocation of Realized Losses on such date) exceeds the aggregate Scheduled Principal Balance of the Mortgage Loans in the related Mortgage Pool for such Distribution Date.
Examples of Component Writedown Amount in a sentence
The Group 1 Subordinate Component Writedown Amount and/or the Group 2-4 Subordinate Component Writedown Amount, as the context requires.
The Group 1 Subordinate Component Writedown Amount or the Group 2-4 Subordinate Writedown Amount, as applicable.
The Group 1 Component Writedown Amount or the Group 2-5 Component Writedown Amount, as applicable.
The Group 1 Component Writedown Amount or the Group 2-4 Component Writedown Amount, as applicable.
The Group 1 Subordinate Component Writedown Amount, the Group 2 Subordinate Component Writedown Amount and/or the Group 3 Subordinate Component Writedown Amount, as the context requires.
The Group 1 Subordinate Component Writedown Amount, the Group 2 Subordinate Writedown Amount or the Group 3 Subordinate Writedown Amount, as applicable.
More Definitions of Component Writedown Amount
Component Writedown Amount. As to any Distribution Date after the Class 1B4, Class 1B5 and Class 1B6 Certificates are no longer outstanding, and with respect to the B3(1) Component, the amount by which the sum of the aggregate Certificate Principal Amount of the Senior Certificates in Group 1 and the Class 1B1 and Class 1B2 Certificates and the Component Principal Amount of the B3(1) Component (after giving effect to distributions of principal and allocation of Realized Losses on such date) exceeds the aggregate Scheduled Principal Balance of the Mortgage Loans in Pool 1 for such Distribution Date; and as to any Distribution Date after the Class 2B4, Class 2B5 and Class 2B6 Certificates are no longer outstanding and with respect to the B3(2) Component, the amount by which the sum of the aggregate Certificate Principal Amount of the Senior Certificates in Group 2 and the Class 2B1 and Class 2B2 Certificates and the Component Principal Amount of the B3(2) Component (after giving effect to distributions of principal and allocation of Realized Losses on such date) exceeds the aggregate Scheduled Principal Balance of the Mortgage Loans in Pool 2 for such Distribution Date.
Component Writedown Amount. With respect to any Distribution Date and the B1(1-2), B2(1-2), B3(1-2), B4(1-2), B5(1-2) and B6(1-2) Components, the amount by which (i) the sum of the aggregate Certificate Principal Amount of the related Senior Certificates and the aggregate Component Principal Amount of such Components (after giving effect to distributions of principal and allocation of Realized Losses on such date) exceeds (ii) the aggregate Scheduled Principal Balance of the Mortgage Loans in Pool 1 and Pool 2 for such Distribution Date. As to any Distribution Date and the B1(3), B2(3), B3(3), B4(3), B5(3) and B6(3) Components, the amount by which (i) the sum of the aggregate Certificate Principal Amount of the related Senior Certificates and the aggregate Component Principal Amount of such Components (after giving effect to distributions of principal and allocation of Realized Losses on such date) exceeds (ii) the aggregate Scheduled Principal Balance of the Mortgage Loans in Pool 3 for such Distribution Date.