CURRENT NOTIONAL AMOUNT. With respect to the Class A-IO Certificates as of each Distribution Date, the aggregate Current Principal Amount of the Class A-5 Certificates on that Distribution Date; provided that after March 25, 2010, the Current Notional Amount of the Class A-IO Certificates will equal $0.
CURRENT NOTIONAL AMOUNT means, in relation to any Reference Obligation, the commitment outstanding in relation to such Reference Obligation immediately prior to the Refinancing.
CURRENT NOTIONAL AMOUNT. With respect to the Class A-IO Certificates, immediately prior to the related Payment Date, for the November 2004 Payment Date, is $2,060,000,000, for the December 2004 Payment Date, $1,904,078,144, for the January 2005 Payment Date, $1,721,851,372, for the February 2005 Payment Date, $1,557,061,890, for the March 2005 Payment Date, $1,408,041,354, for the April 2005 Payment Date, $1,273,281,152, and for each Payment Date thereafter, $0. CUT-OFF DATE: October 1, 2004.
Examples of CURRENT NOTIONAL AMOUNT in a sentence
ANYONE ACQUIRING THIS CERTIFICATE MAY ASCERTAIN ITS CURRENT NOTIONAL AMOUNT BY INQUIRY OF THE CERTIFICATE ADMINISTRATOR.
ANYONE ACQUIRING THIS CERTIFICATE MAY ASCERTAIN ITS CURRENT NOTIONAL AMOUNT BY INQUIRY OF THE PAYING AGENT.
ACCORDINGLY, FOLLOWING THE INITIAL ISSUANCE OF THE CERTIFICATES, THE CURRENT NOTIONAL AMOUNT OF THIS CERTIFICATE WILL BE DIFFERENT FROM THE DENOMINATION SHOWN BELOW.
ANYONE ACQUIRING THIS CERTIFICATE MAY ASCERTAIN ITS CURRENT NOTIONAL AMOUNT BY INQUIRY OF THE TRUSTEE.
ANYONE ACQUIRING THIS CERTIFICATE MAY ASCERTAIN ITS CURRENT NOTIONAL AMOUNT BY INQUIRY OF THE GRANTOR TRUSTEE NAMED HEREIN.
More Definitions of CURRENT NOTIONAL AMOUNT
CURRENT NOTIONAL AMOUNT. With respect to the Class A-IO Certificates, immediately prior to the related Payment Date, for the February 2005 Payment Date, is $1,250,000,000, for the March 2005 Payment Date, $1,186,829,827, for the April 2005 Payment Date, $1,099,349,173, for the May 2005 Payment Date, $1,018,316,110, for the June 2005 Payment Date, $943,254,797, for the July 2005 Payment Date, $873,725,325, and for each Payment Date thereafter, $0. CUT-OFF DATE: January 1, 2005.
CURRENT NOTIONAL AMOUNT. With respect to the Class A-IO-1 Certificates as of each Distribution Date, the lesser of the aggregate Current Principal Amount of the Class A-IO-1 Reference Notes on that Distribution Date and the amount determined as follows: Distribution Dates Notional Amount December 2005-November 2009 $440,948,000 December 2009 $430,741,000 January 2010 $411,753,000 February 2010 $392,764,000 March 2010 $375,774,000 April 2010 $351,789,000 May 2010 $328,803,000 June 2010 $304,817,000 July 2010 $283,830,000 August 2010 $263,842,000 September 2010 $244,853,000 October 2010 $227,863,000 November 2010 and thereafter $0 With respect to the Class A-IO-2 Certificates as of each Distribution Date, the lesser of the aggregate Current Principal Amount of the Class A-IO-2 Reference Notes on that Distribution Date and the amount determined as follows: Distribution Dates Notional Amount December 2005-November 2009 $265,000 December 2009 $259,000 January 2010 $247,000 February 2010 $236,000 March 2010 $226,000 April 2010 $211,000 May 2010 $197,000 June 2010 $183,000 July 2010 $170,000 August 2010 $158,000 September 2010 $147,000 October 2010 $137,000 November 2010 and thereafter $0
CURRENT NOTIONAL AMOUNT. With respect to any Class of Notional Amount Certificates as of each Distribution Date, the Current Principal Amount for that Distribution Date of the Class of Senior Principal Certificates of the same Senior Certificate Group. With respect to any Notional Amount Certificate, the Current Principal Amount of a Senior Principal Certificate of the same Senior Certificate Group with an initial Principal Amount equal to the original Notional Amount of such Notional Amount Certificate.
CURRENT NOTIONAL AMOUNT. With respect to the Class V-A-3 Certificates, as of any Distribution Date, the current principal amount of the Bear Stearns Asset Backed Securities I Trust 2007-AC3, Asset-Backed Certificates, Series 2007-AC3, Class A-1 Certifixxxx. With respect o the Class V-AE-6 Certificates, as of any Distribution Date, the Current Principal Amount of the Class V-AE-5 Certificates, with respect to the Class V-AE-10 Certificates, as of any Distribution Date, the Current Principal Amount of the Class V-AE-9 Certificates, with respect to the Class V-AE-12 Certificates, as of any Distribution Date, the Current Principal Amount of the Class V-AE-11 Certificates, with respect to the Class VI-AE-5 Certificates, as of any Distribution Date, the Current Principal Amount of the Class VI-AE-4 Certificates, with respect to the Class VI-AE-9 Certificates, as of any Distribution Date, the Current Principal Amount of the Class VI-AE-8 Certificates and with respect to the Class VI-AE-11 Certificates, as of any Distribution Date, the Current Principal Amount of the Class VI-AE-10 Certificates. Cut-off Date: October 1, 2007.
CURRENT NOTIONAL AMOUNT. With respect to the Class A-X Certificates and each Distribution Date, the sum of the Current Principal Amounts of the Senior Principal Certificates as of such Distribution Date, with respect to the Class A-4X Certificates and each Distribution Date, 1% of the Current Principal Amount for that Distribution Date of the Class A-4 Certificates and with respect to the Class I Certificates and each Distribution Date, the sum of the Scheduled Principal Balances of the Group 1 Mortgage Loans, the Group 2 Mortgage Loans and the Group 3 Mortgage Loans as of the beginning of the related Due Period (or in the case of the first Distribution Date, as of the Cut-off Date). With respect to any Certificate of any such Class, an amount equal to the Fractional Undivided Interest of the Current Notional Amount of such Class as of such Distribution Date.
CURRENT NOTIONAL AMOUNT. With respect to any Class [__]-IO Certificate as of any Distribution Date, the outstanding principal balance of the Class [___] Underlying Note; provided that on the first Distribution Date following the [________] Distribution Date and thereafter, the Current Notional Amount of the Class [__]-IO Certificate will equal $0.
CURRENT NOTIONAL AMOUNT. With respect to the Class V-AE-6 Certificates, as of any Distribution Date, the Current Principal Amount of the Class V-AE-5 Certificates, with respect to the Class V-AE-10 Certificates, as of any Distribution Date, the Current Principal Amount of the Class V-AE-9 Certificates, with respect to the Class V-AE-12 Certificates, as of any Distribution Date, the Current Principal Amount of the Class V-AE-11 Certificates, with respect to the Class VI-AE-5 Certificates, as of any Distribution Date, the Current Principal Amount of the Class VI-AE-4 Certificates, with respect to the Class VI-AE-9 Certificates, as of any Distribution Date, the Current Principal Amount of the Class VI-AE-8 Certificates and with respect to the Class VI-AE-11 Certificates, as of any Distribution Date, the Current Principal Amount of the Class VI-AE-10 Certificates. Cut-off Date: October 1, 2007.