Non-Supported Interest Shortfalls definition

Non-Supported Interest Shortfalls. As to any Distribution Date, the amount, if any, by which the aggregate of Prepayment Interest Shortfalls exceeds Compensating Interest for such Distribution Date.
Sample 1Sample 2Sample 3
Non-Supported Interest Shortfalls. As to any Distribution Date and Loan Group, the amount, if any, by which the aggregate of Prepayment Interest Shortfalls for such Loan Group exceeds Compensating Interest for such Loan Group for such Distribution Date.
Sample 1Sample 2Sample 3
Non-Supported Interest Shortfalls. As to any Distribution Date and (i) the 30 Year Crossed Loan Groups, the amount, if any, by which the aggregate of Prepayment Interest Shortfalls for such 30 Year Crossed Loan Groups exceeds Compensating Interest for such 30 Year Crossed Loan Groups for such Distribution Date and (ii) the 15 Year Crossed Loan Groups, the amount, if any, by which the aggregate of Prepayment Interest Shortfalls for such 15 Year Crossed Loan Groups exceeds Compensating Interest for such 15 Year Crossed Loan Groups for such Distribution Date.
Sample 1Sample 2Sample 3

Examples of Non-Supported Interest Shortfalls in a sentence

  • Any Non-Supported Interest Shortfalls will be allocated to each Uncertificated Lower-Tier Interest in the same relative proportions as interest is allocated to such Uncertificated Lower-Tier Interest.

  • Any Non-Supported Interest Shortfalls and Relief Act Reductions will be allocated to each Uncertificated Lower-Tier Interest in the same relative proportions as interest is allocated to such Uncertificated Lower-Tier Interest.

  • For purposes of calculating the interest distributable in respect of each Uncertificated Lower-Tier Interest and any Distribution Date, Non-Supported Interest Shortfalls and Relief Act Reductions related to a Loan Group shall be allocated to the related Uncertificated Lower-Tier Interests pro rata based on, and to the extent of, one month's interest at the then applicable pass-through rate on such Uncertificated Lower-Tier Interest.

  • Any Group 1 Non-Supported Interest Shortfalls or Group 2 Non-Supported Interest Shortfalls will be allocated to the Pool 1 Uncertificated Lower-Tier Interests or the Pool 2 Uncertificated Lower-Tier Interests in the same relative proportions as interest is allocated to such Uncertificated Lower-Tier Interest.

  • Any Non-Supported Interest Shortfalls will be allocated to each Uncertificated REMIC 3 Interest in the same relative proportions as interest is allocated to such Uncertificated REMIC 3 Interest.


More Definitions of Non-Supported Interest Shortfalls

Non-Supported Interest Shortfalls. As to any Distribution Date and (i) Loan Group 1 or Loan Group 3, the amount, if any, by which the aggregate of Prepayment Interest Shortfalls for such Loan Group exceeds Compensating Interest for such Loan Group for such Distribution Date or (ii) the Crossed Loan Groups, the amount, if any, by which the aggregate of Prepayment Interest Shortfalls for the Crossed Loan Groups exceed Compensating Interest for such Crossed Loan Groups for such Distribution Date.
Sample 1Sample 2
Non-Supported Interest Shortfalls. As to any Distribution Date, the amount, if any, by which the aggregate of Prepayment Interest Shortfalls exceeds Compensating Interest for such Distribution Date. Non-U.S. Person: A Person other than a U.S. Person.
Sample 1Sample 2Sample 3
Non-Supported Interest Shortfalls. As to any Distribution Date and (i) the Crossed Loan Groups, the amount, if any, by which the aggregate of Prepayment Interest Shortfalls for the Crossed Loan Groups exceeds Compensating Interest for such Crossed Loan Groups for such Distribution Date, (ii) Loan Group 2, the amount, if any, by which the aggregate of Prepayment Interest Shortfalls for Loan Group 2 exceeds Compensating Interest for Loan Group 2 for such Distribution Date and (iii) Loan Group 5, the amount, if any, by which the aggregate of Prepayment Interest Shortfalls for Loan Group 5 exceeds Compensating Interest for Loan Group 5 for such Distribution Date Non-U.S. Person: A Person other than a U.S. Person.
Sample 1Sample 2Sample 3
Non-Supported Interest Shortfalls. As to any Distribution Date and (i) the CB Crossed Loan Groups, the amount, if any, by which the aggregate of Prepayment Interest Shortfalls for the CB Crossed Loan Groups exceeds Compensating Interest for the CB Crossed Loan Groups for such Distribution Date and (ii) the DB Crossed Loan Groups, the amount, if any, by which the aggregate of Prepayment Interest Shortfalls for the DB Crossed Loan Groups exceeds Compensating Interest for the DB Crossed Loan Groups for such Distribution Date.
Sample 1Sample 2
Non-Supported Interest Shortfalls. As to any Distribution Date and the Shifting Interest Mortgage Loans, the amount, if any, by which the aggregate of Prepayment Interest Shortfalls related to such Mortgage Loans exceeds the aggregate Compensating Interest for such Mortgage Loans for such Distribution Date.
Sample 1
Non-Supported Interest Shortfalls. As to any Distribution Date and (i) Loan Group 1, the amount, if any, by which the aggregate of Prepayment Interest Shortfalls for Loan Group 1 exceeds the aggregate Compensating Interest received from the Servicers for the Group 1 Mortgage Loans for such Distribution Date and (ii) the CB Crossed Loan Groups, the amount, if any, by which the aggregate of Prepayment Interest Shortfalls for the CB Crossed Loan Groups exceeds the aggregate Compensating Interest received from the Servicers for the Mortgage Loans in the CB Crossed Loan Groups for such Distribution Date.
Sample 1
Non-Supported Interest Shortfalls. As to each Loan Pool and any Distribution Date, the amount, if any, by which the aggregate of Prepayment Interest Shortfalls for that Loan Pool exceeds Compensating Interest for that Loan Pool for such Distribution Date.
Sample 1