Monthly Interest Distribution Amount means, with respect to any Distribution Date and any Class of Regular Certificates other than the Class A-X, Class A-Y and Class A-SP Certificates, the amount of interest accrued for the related Interest Accrual Period at the related Pass-Through Rate on the Class Principal Balance of such Class as of such Distribution Date, reduced by such Class's pro rata share (based on accrued interest) of the Net Aggregate Prepayment Interest Shortfall. As to any Distribution Date and the Class A-X, Class A-Y and Class A-SP Certificates, the amount of interest accrued during the related Interest Accrual Period at the Pass-Through Rate thereof on the Class Notional Amount thereof as of such Distribution Date, reduced by such Class's pro rata share (based on accrued interest) of the Net Aggregate Prepayment Interest Shortfall for such Distribution Date.
Monthly Interest Distribution Amount. With respect to ------------------------------------ any Interest Distribution Date, an amount equal to one twelfth of the Pass-Through Rate on the Record Date related to such Interest Distribution Date multiplied by the Certificate Principal Balance on the Record Date related to such Interest Distribution Date, except with respect to the Interest Distribution Date occurring on June 16, 2003, interest shall accrue on the Certificates from the Closing Date until and including June 14, 2003 and the Monthly Interest Distribution Amount will be equal to 0.141667 multiplied by the Pass-Through Rate on the related Record Date multiplied by the Certificate Principal Balance on such Record Date.
Monthly Interest Distribution Amount means, with respect to any Distribution Date and any Class of Regular Certificates other than the Class A-X Certificates, the amount of interest accrued for the related Interest Accrual Period at the related Pass-Through Rate on the Class Principal Balance of such Class as of such Distribution Date, reduced by such Class's pro rata share (based on accrued interest) of the Net Aggregate Prepayment Interest Shortfall. As to any Distribution Date and the Class A-X Certificates, the amount of interest accrued during the related Interest Accrual Period at the Pass-Through Rate thereof on the Class Notional Amount thereof as of such Distribution Date, reduced by such Class's pro rata share (based on accrued interest) of the Net Aggregate Prepayment Interest Shortfall for such Distribution Date.
More Definitions of Monthly Interest Distribution Amount
Monthly Interest Distribution Amount means, with respect to any Payment Date, the sum of the Aggregate Daily Interest Amounts for each day in the related Accrual Period.
Monthly Interest Distribution Amount. With respect to any ------------------------------------ Interest Distribution Date, an amount equal to one twelfth of the Pass-Through Rate on the Record Date related to such Interest Distribution Date multiplied by the Certificate Principal Balance on the Record Date related to such Interest Distribution Date, except with respect to the Interest Distribution Date occurring on November 17, 2003, the Monthly Interest Distribution Amount will be equal to 0.136111 multiplied by the Pass-Through Rate on the related Record Date multiplied by the Certificate Principal Balance on such Record Date.
Monthly Interest Distribution Amount means, with respect to any Distribution Date and any Class of Regular Certificates (other than the Class A-X and Class A-SP Certificates) and the Class A-MFL Regular Interest, the amount of interest accrued for the related Interest Accrual Period at the related Pass-Through Rate on the Class Principal Balance of such Class as of such Distribution Date, reduced by such Class's pro rata share (based on accrued interest) of the Net Aggregate Prepayment Interest Shortfall. As to any Distribution Date and the Class A-X and Class A-SP Certificates, the amount of interest accrued during the related Interest Accrual Period at the Pass-Through Rate thereof on the Class Notional Amount thereof as of such Distribution Date, reduced by such Class's pro rata share (based on accrued interest) of the Net Aggregate Prepayment Interest Shortfall for such Distribution Date. The Monthly Interest Distribution Amount for each such Class (other than the Class A-MFL Certificates) shall be calculated on the basis of a 360-day year composed of twelve 30-day months. The Monthly Interest Distribution Amount for the Class A-MFL Certificates for any Distribution Date, for so long as the Swap Agreement is in effect and no payment default by the Swap Counterparty exists under the Swap Agreement, shall be calculated on the basis of the actual number of days in that Interest Accrual Period and the assumption that each year consists of 360 days, except that, if the Swap Agreement is terminated and not replaced or if there exists a continuing payment default by the Swap Counterparty under the Swap Agreement, then the calculation with respect to the Class A-MFL Certificates will be on the same basis as the Class A-MFL Regular Interest.
Monthly Interest Distribution Amount. As to any Distribution Date and any Class of Regular Certificates, the Accrued Certificate Interest Amount for such Class for such Distribution Date.
Monthly Interest Distribution Amount means with respect to each Payment Date and the Class A Residual Interest Certificates, the interest accrued during the related Accrual Period at the Class A Residual Interest Rate on the Class A Residual Interest Calculation Amount immediately preceding such Payment Date (or, in the case of the first Payment Date, on the Original Class A Residual Interest Calculation Amount) after giving effect to all distributions in reduction of the Class A Residual Interest Calculation Amount to the holders of the Class A Residual Interest Certificates on or prior to such preceding Payment Date and all increases to the Class A Residual Interest Calculation Amount as a result of shortfalls in the Monthly Interest Distribution Amount on or prior to such preceding Payment Date.
Monthly Interest Distribution Amount. With respect to any Payment Date, interest accrued during the related Interest Accrual Period at the Note Interest Rate on the outstanding principal amount of the Notes as of the close of business on the preceding Payment Date (or, in the case of the first Interest Accrual Period, the outstanding principal amount of the Notes as of the Closing Date).
Monthly Interest Distribution Amount. Interest Distributable Amount" and "Principal Distributable Amount"; or