Group I Capitalized Interest Requirement. With respect to the Payment Date in October 1997 and the Pre- Funding Payment Date, the excess, if any, of (x) the interest on the Group I Certificates on such Payment Date calculated at the Group I Weighted Average Pass-Through Rate over (y) the sum of (i) one-month's interest on the aggregate Loan Balances of the Mortgage Loans in Group I as of the close of business on the last day of the immediately preceding Remittance Period calculated at a rate equal to 1/12 of the weighted average of the Coupon Rates of the Mortgage Loans in Group I less the applicable Servicing Fee Rate as of such Payment Date (or Pre-Funding Payment Date) and (ii) any Group I Pre-Funding Account Earnings to be transferred to the Capitalized Interest Account on such Payment Date (or Pre-Funding Payment Date) pursuant to Section 7.04(d) hereof.
Group I Capitalized Interest Requirement. $18,088.33.
Group I Capitalized Interest Requirement means, for any Remittance Date, the product of (i) the Class A-1 Pass Through Rate for the first Remittance Date plus the Class A-1 Premium Percentage plus the rate at which the Trustee Fee is calculated minus _____% (ii) the Group I Pre-Funded Amount and (iii) the quotient of the number of days from such Remittance Date to the Remittance Date in ____________ and 360.
More Definitions of Group I Capitalized Interest Requirement
Group I Capitalized Interest Requirement. As to any Payment Date occurring during the Pre-Funding Period, the difference, if any, between (x) the Group I Interest Distribution Amount for such Payment Date plus the Premium Amount relating to the Group I Certificates and the Trustee's Fee relating to the Group I Certificates as of such Payment Date and (y) the sum of (i) the Group I Interest Remittance Amount as of such Payment Date, and (ii) any Pre-Funding Earnings relating to Group I to be transferred to the Certificate Account on such Payment Date pursuant to Section 7.4 hereof.
Group I Capitalized Interest Requirement. With respect to the Payment Dates in January and February 2000, an amount equal to interest accruing from the first day of the related Due Period through the Subsequent Transfer Date at a rate equal to the sum of the Class A-1 Pass-Through Rate plus the Fees and Expenses related to Group I (expressed as a per annum rate), less the portion of the Pre-Funding Account earnings allocable to Group I (expressed as a per annum rate), on the amount by which the Class A-1 Certificate Principal Balance exceeds the aggregate Loan Balance of the Mortgage Loans in Group I at the date of determination.
Group I Capitalized Interest Requirement. $271,405.
Group I Capitalized Interest Requirement. As to any Pre-Funding Distribution Date, the excess, if any, of (x) the sum of (a) the interest due on the Group I Certificates on such Distribution Date plus (b) the Premium Amount allocable to Group I over (y) the sum of (i) one month's interest on the aggregate Loan Balance of the Home Equity Loans in Group I as of the beginning of business on the first day of the immediately preceding Due Period, calculated at the Pass-Through Rate of the Group I Certificates as of such Distribution Date and (ii) any Group I Pre-Funding Account Earnings to be transferred to the Certificate Account for such Distribution Date, if any.
Group I Capitalized Interest Requirement. With respect to the February 1997 Payment Date, the excess, if any, of (x) the sum of (a) the interest due on the Fixed Rate Certificates on such Payment Date plus (b) the Premium Amount allocable to Group I over (y) the sum of (i) one month's interest on the aggregate Loan Balance of the Home Equity Loans in Group I as of the close of business on the last day of the immediately preceding Remittance Period, calculated at the weighted average of the Pass- Through Rates of the Fixed Rate Certificates as of such Payment Date and (ii) any Group I Pre-Funding Account Earnings to be transferred to the Certificate Account on such Payment Date, if any.
Group I Capitalized Interest Requirement. With respect to the Payment Dates in October and November 1998, the excess, if any, of (x) the sum of the interest accruing at a rate equal to the weighted average Pass-Through Rates of the Fixed Rate Certificates (1) on the aggregate Loan Balances of the Subsequent Mortgage Loans transferred to the Trust on each Subsequent Transfer Date during the month preceding the related Payment Date for the period from the first day of the related Remittance Period to the Subsequent Cut-Off Date (provided, however, if the related Subsequent Cut-Off Date begins on or prior to such Remittance Period, the related Loan Balances will be zero), plus (2) on the Pre-Funded Amount outstanding as of the end of the Remittance Period for a period equal to the Remittance Period over (y) any Pre-Funding Account Earnings to be distributed to the Capitalized Interest Account on the related Payment Date pursuant to Section 7.4(d).
Group I Capitalized Interest Requirement. As of any Payment Date occurring during the Pre-Funding Period and the Payment Date immediately following the Pre-Funding Period, the difference, if any, between (x) the sum of (i) the Group I Interest Distribution Amount for such Payment Date, (ii) the Premium Amount relating to