Group I Subordinated Amount definition

Group I Subordinated Amount. For any Distribution Date, the excess, if any, of the Group I Pool Balance plus any related Pre-Funded Amount over the aggregate Certificate Principal Balance of the Group I Certificates, for such Distribution Date.
Group I Subordinated Amount. As of any Distribution Date, the difference, if any, between (a) the Group I Pool Principal Balance as of the close of business on the last day of the related Due Period and (b) the aggregate Certificate Principal Balance of the Class A-1 Certificates as of such Distribution Date (after taking into account the payment of the Group I Principal Remittance Amount related to such Distribution Date); PROVIDED, HOWEVER, that such amount shall not be less than zero.
Group I Subordinated Amount. As of any Payment Date, the difference, if any, between (x) the sum of (i) the aggregate Loan Balances of the Mortgage Loans in Group I as of the close of business on the last day of the related Remittance Period and (ii) any amount on deposit in the Pre-Funding Account at such time exclusive of any Pre-Funding Account Earnings related to Group I and (y) the Class A-1 Certificate Principal Balance as of such Payment Date (after taking into account the payment of the Class A-1 Distribution Amount (except for any portion thereof related to an Insured Payment) on such Payment Date).

More Definitions of Group I Subordinated Amount

Group I Subordinated Amount. As of any Payment Date, the excess, if any, of (x) the Group I Aggregate Loan Balance of the Mortgage Loans as of the close of business on the last day of the related Remittance Period over (y) the Group I Certificate Principal Balance as of such Payment Date (after taking into account the payment of principal made pursuant to clause (a) through clause (e) of the definition of the Group I Principal Distribution Amount to the Holders of the Group I Certificates on such Payment Date, except for any portion thereof related to an Insured Payment).
Group I Subordinated Amount. With respect to any Payment Date, the excess, if any, of (x) the Group I Pool Principal Balance as of the close of business on the last day of the preceding Remittance Period over (y) the sum of the Class A-1 Principal Balance, the Class A-2 Principal Balance, the Class A-3 Principal Balance, the Class A-4 Principal Balance and the Class A-5 Principal Balance as of such Payment Date (after taking into account the payment on such Payment Date of the amount set forth in clause (x) of the definition of "Base Group I Principal Distribution Amount", and the Group I Subordination Deficit except for any portions thereof related to payment of Group I Insured Payments applied as payments of the Group I Principal Distribution Amount on such Payment Date or on any prior Payment Date and not previously reimbursed to the Certificate Insurer pursuant to Section 7.3 hereof).
Group I Subordinated Amount. As of any Payment Date, the excess, if any, of (x) the sum of (i) the aggregate Loan Balances of the Home Equity Loans in Group I as of the close of business on the last day of the immediately proceeding Remittance Period and (ii) any amount on deposit in the Pre-Funding Account relating to Group I at such time exclusive of any Group I Pre-Funding Account Earnings over (y) the Certificate Principal Balance of the Fixed Rate Certificates for such Payment Date (after taking into account the payment of the Group I Principal Distribution Amount thereon (except for any Subordination Reduction Amount relating to Group I and Subordination Increase Amount relating to Group I) on such Payment Date).
Group I Subordinated Amount. As of any Payment Date, the positive difference, if any, between (x) the sum of (i) the aggregate Loan Balances of the Mortgage Loans in Group I as of the close of business on the last day of the related Remittance Period, after taking into account payments of scheduled principal on the Mortgage Loans in Group I due on the Due Date which immediately follows the last day of such Remittance Period, and (ii) any amount on deposit in the Pre-Funding Account relating to Group I less any Pre-Funding Account Earnings related to Group I on the last day of the related Remittance Period and (y) the Class A-1 Certificate Principal Balance as of such Payment Date (after taking into account the payment of the Group I Principal Distribution Amount (except payment to be made as to principal on such Payment Date from the proceeds of the Group I Certificate Insurance Policy) on such Payment Date).
Group I Subordinated Amount. As of any Distribution Date, the excess, if any, of (x) the aggregate Loan Balances of the Home Equity Loans in Group I as of the close of business on the last day of the immediately preceding Remittance Period over (y) the aggregate of Certificate Principal Balances of the Group I Certificates for such Distribution Date (after taking into account the payment of the Group I Principal Distribution Amount thereon (except for any Subordination Reduction Amount relating to the Group I and Subordination Increase Amount relating to Group I) on such Distribution Date).
Group I Subordinated Amount. As of any Distribution Date, the excess of (x) the sum of (i) the aggregate Scheduled Principal Balances (minus the principal portion of all Monthly Payments due but not paid by the Borrowers as of the last day of the related Prepayment Period) of the Mortgage Loans in Group I as of the close of business on the last day of the related Due Period and (ii) the Group I Pre- Funded Amount less any Pre-Funding Account Earnings with respect thereto over (y) the Group I Certificate Principal Balance as of such Distribution Date (after taking into account the payment of the Group I Principal Distribution Amount (except for any portion thereof related to an Insured Payment) on such Distribution Date).
Group I Subordinated Amount. As of any Payment Date, the difference, if any, between (x) the sum of (i) the aggregate Loan Balances of the Mortgage Loans in Group I as of the close of business on the last day of the related Remittance Period and (ii) any amount on deposit in the Pre-Funding Account relating to Group I less any Pre-Funding Account Earnings related to Group I at such time and (y) the Fixed Rate Certificate Principal Balance as of such Payment Date (after taking into account the payment of the Group I Principal Distribution Amount (except for any portion thereof related to an Insured Payment) on such Payment Date).