Initial Notional Amount. With respect to any Class or Subclass of Interest Only Certificates, the amount initially used as the principal basis for the calculation of any interest payment amount, as more specifically defined in the Series Supplement.
Initial Notional Amount. With respect to any Class A-V Certificates or Subclass thereof issued pursuant to Section 5.01(c), the aggregate Cut-off Date Principal Balance of the Mortgage Loans corresponding to the Uncertificated Class A-V REMIC Regular Interests represented by such Class or Subclass on such date.
Initial Notional Amount. As to each Class of Interest-Only Certificates, the Notional Amount set forth in the Preliminary Statement.
Examples of Initial Notional Amount in a sentence
Terms Relating to Auction Settlement: Auction Settlement Amount:In respect of the Reference Entity, an amount equal to the greater of (i) (a) the Initial Notional Amount multiplied by (b) the Reference Price minus the Auction Final Price for the Reference Entity and (ii) zero.
Auction Final Price: Auction Final Price (expressed as a percentage) has the meaning set forth in the Transaction Auction Settlement Terms in respect of the Reference Entity.Terms Relating to Cash Settlement: Cash Settlement Amount:In respect of the Reference Entity, an amount equal to the greater of (i) (a) the Initial Notional Amount multiplied by (b) the Reference Price minus the Final Price for the Reference Entity and (ii) zero.
More Definitions of Initial Notional Amount
Initial Notional Amount. With respect to any Class C Certificate, the amount designated “Initial Notional Amount” on the face thereof.
Initial Notional Amount. With respect to the Class I-A-7 Certificates, $15,234,000. With respect to the Class A-V Certificates or Subclass thereof issued pursuant to Section 5.01(c) of the Standard Terms, the aggregate Cut-off Date Principal Balance of the Mortgage Loans corresponding to the Uncertificated REMIC I Regular Interests Z represented by such Class or Subclass on such date.
Initial Notional Amount. With respect to the Class A-5 Certificates, $21,260,166.00. With respect to the Class A-10 Certificates, $25,174,900.00. With respect to the Class A-V Certificates or Subclass thereof issued pursuant to Section 5.01(c), the aggregate Cut-off Date Principal Balance of the Mortgage Loans corresponding to the Uncertificated REMIC Class A-V Regular Interests represented by such Class or Subclass on such date.
Initial Notional Amount means an amount equal to the Buyer Calculation Amount.
Initial Notional Amount. For the Class CB-IO Certificates, the sum of the Initial Component Notional Amounts for the Class 1-CB-IO and Class 2-CB-IO Components. For the Class 15-IO Certificates, the sum of the Initial Component Notional Amounts for the Class 3-15-IO and Class 4-15-IO Components.
Initial Notional Amount. With respect to the Class A-2 Certificates, approximately $53,133,000.00. With respect to the Class A-9 Certificates, approximately $3,575,846.00. With respect to any Class A-V Certificates or Subclass thereof issued pursuant to Section 5.01(c), the aggregate Cut-off Date Principal Balance of the Mortgage Loans corresponding to the Uncertificated Class A-V REMIC Regular Interests represented by such Class or Subclass on such date.
Initial Notional Amount. As to each Class of Interest-Only Certificates, the Notional Amount set forth in the Preliminary Statement. For the Class SES Certificates, the sum of the Initial Component Notional Amounts for the Class 1-SES and Class 2-SES Components.