Group 3 Principal Distribution Amount. As to any Distribution Date, the distribution of principal made on the concurrent Security Distribution Due Date in respect of the Class 1992-43- SQ REMIC Certificate held in the Lower Tier REMIC and identified in the Mortgage Security Schedule. Group 4 Certificates: The Classes of Certificates designated as such in the table in Section 3.01 hereof.
Group 3 Principal Distribution Amount. With respect to each Distribution Date, the product of (i) the Principal Distribution Amount and (ii) a fraction, the numerator of which is the Principal Remittance Amount for Loan Group 3 for that Distribution Date and the denominator of which is the aggregate Principal Remittance Amount for all of the Loan Groups for that Distribution Date.
Group 3 Principal Distribution Amount. As to any Distribution Date, the aggregate distributions of principal to be made on the Related Security Distribution Due Date in respect of the Group 3 MBS.
Examples of Group 3 Principal Distribution Amount in a sentence
Sequentially, to TB, TC and TG, in that order, without regard to their Aggregate Scheduled Principal Balance, until retired SECURITY GROUP 3The Group 3 Principal Distribution Amount and the CZ Accrual Amount will be allocated in the following order of priority:1.
SECURITY GROUP 3The Group 3 Principal Distribution Amount and the LZ and PZ Accrual Amounts will be allocated as follows:• The LZ Accrual Amount, in the following order of priority:1.
SECURITY GROUP 3The Group 3 Principal Distribution Amount will be allocated, concurrently, as follows:1.
SECURITY GROUP 3 The Group 3 Principal Distribution Amount and the Z Accrual Amount will be allocated as follows: • The Z Accrual Amount, sequentially, to VA and Z, in that order, until retired.
To ZQ, until retired • The Group 3 Principal Distribution Amount in the following order of priority: 1.
More Definitions of Group 3 Principal Distribution Amount
Group 3 Principal Distribution Amount. With respect to any Distribution Date is the sum of (i) the Group 3 Basic Principal Distribution Amount for such Distribution Date and (ii) the product of (a) the Pool 2 Overcollateralization Increase Amount for such Distribution Date and (b) the Group 3 Percentage.
Group 3 Principal Distribution Amount. For any Distribution Date, the Group 3 Basic Principal Distribution Amount plus the Group 3 Extra Principal Distribution Amount.
Group 3 Principal Distribution Amount. As to any Distribution Date, the aggregate distributions of principal made on the concurrent Security Distribution Due Date in respect of the Class 1990-33-A, Class 1990-33-B and Class 1990-33-C REMIC Certificates held in the Lower Tier REMIC and identified in the Xxxxxx Mae Security Schedule.
Group 3 Principal Distribution Amount. With respect to any Distribution Date (a) prior to the Stepdown Date or (b) on which a Trigger Event is in effect, is the amount equal to the lesser of (i) the aggregate Certificate Principal Balance of the Group 3 Certificates and (ii) the Group 3 Principal Distribution Percentage of the Principal Distribution Amount available for distribution to the Senior Certificates; provided, however, that (A) with respect to any such Distribution Date on which the aggregate Certificate Principal Balance of the Group 1 Certificates is reduced to zero, the Group 1 Principal Distribution Percentage of the Principal Distribution Amount available for distribution to the Senior Certificates in excess of the amount necessary to reduce the aggregate Certificate Principal Balance of the Group 1 Certificates to zero will be applied to increase the Group 3 Principal Distribution Amount (so long as any class of Group 3 Certificates is outstanding) and the Group 2 Principal Distribution Amount (so long as any class of Group 2 Certificates is outstanding), on a pro rata basis, (B) with respect to any such Distribution Date on which the aggregate Certificate Principal Balance of the Group 2 Certificates is reduced to zero, the Group 2 Principal Distribution Percentage of the Principal Distribution Amount available for distribution to the Senior Certificates in excess of the amount necessary to reduce the aggregate Certificate Principal Balance of the Group 2 Certificates to zero will be applied to increase the Group 3 Principal Distribution Amount (so long as any class of Group 3 Certificates is outstanding) and the Group 1 Principal Distribution Amount (so long as any class of Group 1 Certificates is outstanding), on a pro rata basis, and (C) on any such Distribution Date after the events described in clauses (A) and (B) both occur, the Group 3 Principal Distribution Amount shall equal the Principal Distribution Amount available for distribution to the Senior Certificates.
Group 3 Principal Distribution Amount. As to any Distribution Date, the distribution of principal made on the concurrent Security Distribution Due Date in respect of the Class 1997-26-GB REMIC Certificate held in the Lower Tier REMIC and identified in the Xxxxxx Xxx Security Schedule. Group 4 Certificates: The Class 42-PH, Class 42-PJ, Class 42-PK, Class 42-PL, Class 42-PI, Class 42-L, Class 42-M, Class 42-N, Class 42-U, Class 42-O, Class 42-V, Class 42-P, Class 42-Q, Class 42-T, Class 42-FH and Class 42-SH Certificates. Group 4 MBS. The MBS identified as such on the Xxxxxx Xxx Security Schedule.
Group 3 Principal Distribution Amount. With respect to any Distribution Date, the aggregate amount distributable as principal of the GNMA Certificates in the month of such Distribution Date, calculated as described in Section 3.03 hereof.
Group 3 Principal Distribution Amount. For any Payment Date and the Group 3 Loans, the sum of (a) the related Basic Principal Distribution Amount, (b) the amount of related and non-related Net Monthly Excess Cashflow used to cover Realized Losses as provided in Section 3.05(d)(v), Section 3.05(h)(iv) and Section 3.05(l)(i) of the Indenture and (c) the related Overcollateralization Increase Amount.