Group II Basic Principal Distribution Amount definition

Group II Basic Principal Distribution Amount. With respect to any Distribution Date, the excess of (i) the Group II Principal Remittance Amount for such Distribution Date over (ii)(a) the Overcollateralization Release Amount, if any, for such Distribution Date multiplied by (b) the Group II Allocation Percentage.
Group II Basic Principal Distribution Amount. With respect to any Distribution Date, the Group II Principal Remittance Amount.
Group II Basic Principal Distribution Amount. With respect to any Distribution Date, the excess of (i) the Group II Principal Remittance Amount for such Distribution Date over the sum of (ii) the Overcollateralization Release Amount, if any, for such Distribution Date multiplied by the Group II Allocation Percentage and (iii) any part of the Net Swap Payment or Swap Termination Payment due to the Swap Provider (other than a Swap Termination Payment resulting from a Swap Provider Trigger Event) not paid on such Distribution Date from the Group II Interest Remittance Amount.

More Definitions of Group II Basic Principal Distribution Amount

Group II Basic Principal Distribution Amount. With respect to the Group II Certificates and any Distribution Date, the Basic Principal Distribution Amount multiplied by a fraction, the numerator of which is the Principal Remittance Amount for the Group II Mortgage Loans and the denominator of which is the Principal Remittance Amount for both Loan Groups for such Distribution Date.
Group II Basic Principal Distribution Amount means with respect to any Distribution Date the excess of (i) the Group II Principal Remittance Amount for such Distribution Date over (ii) the Overcollateralization Release Amount, if any, for such Distribution Date multiplied by the Group II Allocation Percentage.
Group II Basic Principal Distribution Amount. With respect to any Distribution Date, the Basic Principal Distribution Amount for such Distribution Date multiplied by the Class X- 0 Allocation Percentage.
Group II Basic Principal Distribution Amount. With respect to any Distribution Date, the sum of (a) the Group II-A Basic Principal Distribution Amount for that Distribution Date and (b) the Group II-B Basic Principal Distribution Amount for that Distribution Date. Group II Certificates The Class AV Certificates, the Class MV Certificates and the Class BV Certificates.
Group II Basic Principal Distribution Amount means, with respect to any Distribution Date, the lesser of (a) the excess of (i) the Group II Available Funds for such Distribution Date over (ii) the aggregate Monthly Interest Distributable Amount for the Group II Certificates (other than the Class II-P, Class II-C and Class II-R Certificates) for such Distribution Date and (b) the excess of (i) the related Principal Remittance Amount for such Distribution Date over (ii) the Group II Overcollateralization Release Amount, if any, for such Distribution Date.
Group II Basic Principal Distribution Amount. With respect to any Distribution Date, the sum of (i) the Principal Remittance Amount with respect to the Group II Mortgage Loans minus (ii) the amount of any Overcollateralization Reduction Amount for the Distribution Date multiplied by a fraction, the numerator of which is (x) the portion of the Principal Remittance Amount for such Distribution Date that is attributable to principal received or advanced on the Group I Mortgage Loans, and the denominator of which is (y) the Principal Remittance Amount for such Distribution Date.

Related to Group II Basic Principal Distribution Amount

  • Group I Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Group I Principal Remittance Amount for such Distribution Date over (ii)(a) the Overcollateralization Release Amount, if any, for such Distribution Date multiplied by (b) the Group I Allocation Percentage.

  • Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Principal Remittance Amount for such Distribution Date over (ii) the Excess Subordinated Amount, if any, for such Distribution Date.

  • Group II Principal Distribution Amount With respect to any Distribution Date, the sum of (i) the Group II Basic Principal Distribution Amount for such Distribution Date and (ii)(a) the Extra Principal Distribution Amount for such Distribution Date multiplied by (b) the Group II Allocation Percentage.

  • Group I Principal Distribution Amount With respect to any Distribution Date, the sum of (i) the Group I Basic Principal Distribution Amount for such Distribution Date and (ii)(a) the Extra Principal Distribution Amount for such Distribution Date multiplied by (b) the Group I Allocation Percentage.

  • Group 1 Principal Distribution Amount With respect to any Distribution Date is the sum of (i) the Group 1 Basic Principal Distribution Amount for such Distribution Date and (ii) the product of (a) the Overcollateralization Increase Amount for such Distribution Date and (b) the Group 1 Percentage.