Formula Distribution Amount definition
Formula Distribution Amount. With respect to the Class A-1 Certificates for any Distribution Date, the sum of the Class A-1 Interest Distribution Amount and the Class A-1 Principal Distribution Amount.
Formula Distribution Amount means, for any Payment Date and each Class of --------------------------- Certificates, the amount distributable in respect of such Class in accordance with the priorities described in Sections 8.04(b), 8.04(c) and 8.04(d), assuming a sufficient Amount Available for the Adjustable Rate Certificates, the Class AF-1A Certificates and the Class AF Group II Certificates.
Formula Distribution Amount. As to any Distribution Date, an
More Definitions of Formula Distribution Amount
Formula Distribution Amount. With respect to the Class A-3 Certificates for any Distribution Date, the sum of the Class A-3 Interest Distribution Amount and the Class A-3 Principal Distribution Amount.
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 HI: B-1 Pass-Through Rate on the excess of the Class HI: B-1 Principal Balance over the Class HI: B-1 Liquidation Loss Principal Amount, to be calculated immediately prior to such Distribution Date, (b) any Unpaid Class HI: B-1 Interest Shortfall, and (c) if such Distribution Date is on or prior to the Class HI: B-1 Cross-over Date, the Class HI: B Percentage of the Sub-Pool HI Formula Principal Distribution Amount; provided, however, that on the Class HI: M-2 Cross-over
Formula Distribution Amount means, for any Payment Date, the sum of the amounts described in clauses (i) and (ii) of Section 5.03(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-1 Pass-Through Rate on the excess of the Class HE: B-1 Principal Balance over the Class HE: B-1 Liquidation Loss Principal Amount, to be calculated immediately prior to such Distribution Date, (b) any Unpaid Class HE: B-1 Interest Shortfall, and (c) if such Distribution Date is on or prior to 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: M-2 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: M-2 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-1 Principal Balance.
Formula Distribution Amount. With respect to the Class A-4 Certificates for any Distribution Date, the sum of the Class A-4 Interest Distribution Amount and the Class A-4 Principal Distribution Amount. CLASS A-4 FORMULA PASS-THROUGH RATE: A per annum rate equal to LIBOR plus 0.30%. On any Distribution Date after the Clean-Up Call Date, the Class A-4 Formula Pass-Through Rate will be equal to LIBOR plus 0.60% per annum.
Formula Distribution Amount. The sum of the Class A-1 Formula Distribution Amount, the Class A-2 Formula Distribution Amount, the Class A-3 Formula Distribution Amount, the Class A-4 Formula Distribution Amount and the Class B Interest Distribution Amount.