Group 3 Basic Principal Distribution Amount definition
Group 3 Basic Principal Distribution Amount. With respect to any Distribution Date, the Group 3 Principal Remittance Amount for such Distribution Date.
Group 3 Basic Principal Distribution Amount. With respect to any Distribution Date, the excess of (i) the Group 3 Principal Remittance Amount for such Distribution Date over (ii) the product of (a) the Pool 2 Overcollateralization Release Amount, if any, for such Distribution Date and (b) the Group 3 Percentage.
Group 3 Basic Principal Distribution Amount. For any Distribution Date will equal the excess of the Group 3 Principal Remittance Amount over the Group 3 Excess Subordinated Amount.
More Definitions of Group 3 Basic Principal Distribution Amount
Group 3 Basic Principal Distribution Amount. For any Distribution Date, the excess of (i) the Group 3 Principal Remittance Amount over (ii) the Excess Subordinated Amount, if any. Group 3 Certificates: The Group 3-A and Group 3 Subordinate Certificates. Group 3 Clean-Up Call Option Date: The date on which the aggregate principal balance of the Group 3 Loans has been reduced to less than the Clean-Up Call Percentage of that balance as of the Cut-Off Date.
Group 3 Basic Principal Distribution Amount. For any Distribution Date, the excess of (i) the Group 3 Principal Remittance Amount over (ii) the Excess Subordinated Amount, if any. Group 3 Certificates: The Group 3-A, Class 3-IO and Group 3 Subordinate Certificates.