Group I Interest Remittance Amount definition

Group I Interest Remittance Amount. With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group I Mortgage Loans.

Group I Interest Remittance Amount. With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date that represents interest received or advanced on the Group I Mortgage Loans.

Group I Interest Remittance Amount. With respect to any Distribution Date is that portion of the Available Distribution Amount for such Distribution Date that represents interest received or advanced on the Group I Mortgage Loans (net of the Administration Fees and any Prepayment Charges and after taking into account amounts payable or reimbursable to the Trustee, the Custodian, the Securities Administrator, the Master Servicer or the Servicer pursuant to this Agreement or the Custodial Agreement).

Examples of Group I Interest Remittance Amount in a sentence

• Any Group I Interest Remittance Amount or any Group II Interest Remittance Amount remaining undistributed following distributions pursuant to Section 4.01(a)(iii) shall be used in determining the amount of Net Monthly Excess Cashflow, if any, for such Distribution Date.

• Group I Interest Remittance Amount ---------------------------------- With respect to any Determination Date, the sum, without duplication, of (a) all interest collected or advanced on the Group I Loans during the related Due Period and (b) the portion of any Substitution Adjustment Amount, Termination Price, Purchase Price, or Liquidation Proceeds, relating to interest with respect to the Group I Loans and received during the related Due Period.

• Remaining Interest Remittance Amount ------------------------------------ With respect to any Distribution Date, an amount equal to the sum of any Group I Interest Remittance Amount, Group II-A Interest Remittance Amount and Group II-B Interest Remittance Amount remaining after giving effect to the distributions set forth in clauses (i), (ii) and (iii) of Section 4.02(a).

• Any Group I Interest Remittance Amount or any Group II Interest Remittance Amount remaining undistributed following distributions pursuant to clause (iii) above shall be used in determining the amount of Net Monthly Excess Cashflow, if any, for such Distribution Date.

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More Definitions of Group I Interest Remittance Amount

Group I Interest Remittance Amount. As of any Remittance Date, the sum, without duplication, of (i) all scheduled interest collected by the Servicer during the related Due Period, with respect to the Mortgage Loans in Group I, (ii) all Delinquency Advances relating to interest made by the Servicer on such Remittance Date with respect to Group I and (iii) all Compensating Interest paid by the Servicer on such Remittance Date with respect to Group I.

Group I Interest Remittance Amount. For any Distribution Date, the portion of the Interest Remittance Amount that was collected or advanced on the Group I Mortgage Loans.

Group I Interest Remittance Amount. As of any Determination Date, the sum, without duplication, of (i) all interest due and collected or advanced with respect to the related Collection Period on the Group I Mortgage Loans (less the Servicing Fee, amounts available for reimbursement of Advances and Servicing Advances pursuant to Section 3.05 and expenses reimbursable pursuant to Section 6.03), (ii) all Compensating Interest paid by the Servicer on such Determination Date with respect to the Group I Mortgage Loans and (iii) the portion of any payment in connection with any substitution, Purchase Price, Termination Price or Net Liquidation Proceeds relating to interest with respect to the Group I Mortgage Loans received during the related Prepayment Period.

Group I Interest Remittance Amount. With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date that represents interest received or advanced on the Group I Mortgage Loans, minus an amount equal to the Group I Net WAC Allocation Percentage of any Net Swap Payment or Swap Termination Payment (other than termination payments resulting from a Swap Provider Trigger Event) paid to the Interest Rate Swap Provider.

Group I Interest Remittance Amount. For any Distribution Date, that portion of the Available Distribution Amount for the related Distribution Date that represents interest received or advanced on the Group I Mortgage Loans and Compensating Interest Payments on the Group I Mortgage Loans (net of Servicing Fees and Credit Risk Manager Fees).

Group I Interest Remittance Amount. As of any Monthly Remittance Date, the sum, without duplication, of (i) all interest collected or required to be advanced with respect to the related Remittance Period with respect to the Mortgage Loans in Group I (less the Servicing Fee with respect to such Mortgage Loans), (ii) all Compensating Interest paid by the Servicers on such Monthly Remittance Date with respect to Mortgage Loans in Group I, (iii) the portion of the Substitution Amount relating to interest on the Mortgage Loans in Group I, (iv) any amounts related to Group I required to be transferred from the Capitalized Interest Account to the Certificate Account pursuant to Section 7.04(e) hereof on the related Payment Date and (v) all Net Liquidation Proceeds relating to interest not previously advanced with respect to the Mortgage Loans in Group I.

Group I Interest Remittance Amount. With respect to any Distribution Date, that portion of the Available Distribution Amount for such Distribution Date allocable to interest on the Group I Mortgage Loans.