Original Pre-Funded Amount definition

Original Pre-Funded Amount. The amount deposited by the Depositor in the Pre-Funding Account on the Closing Date, which amount is $36,215,225.

Original Pre-Funded Amount. The amount deposited from the proceeds of the sale of the Securities into the Pre-Funding Account on the Closing Date, which amount is $135,729,524.02.

Original Pre-Funded Amount. The amount deposited in the Pre-Funding Account on the Startup Day from the proceeds of the sale of the Certificates, which amount is $19,359,209.70.

Examples of Original Pre-Funded Amount in a sentence

• On any Distribution Date following the date at which the remaining aggregate Principal Balance of the Mortgage Loans is less than 10% of the sum of the aggregate Principal Balance of the Initial Mortgage Loans as of the Cut-off Date plus the Original Pre-Funded Amount, the Master Servicer may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement.

• The exercise of such right will effect early retirement of the Certificates; however, such right to purchase is subject to the aggregate Scheduled Principal Balance of the Mortgage Loans and the fair market value of each REO Property remaining in the Trust Fund at the time of purchase being less than or equal to 10% of the aggregate Scheduled Principal Balance of the Mortgage Loans as of the Cut-Off Date plus the Original Pre-Funded Amount.

• The Trustee shall, promptly upon receipt, deposit in the Pre-Funding Account and retain therein the Original Pre-Funded Amount remitted on the Closing Date to the Trustee by the Depositor.

• The exercise of such right will effect early retirement of the Certificates; however, such right to purchase is subject to the aggregate Scheduled Principal Balance of the Mortgage Loans (and properties acquired in respect thereof) at the time of purchase being less than or equal to 10% of the sum of (i) the aggregate principal balance of the Mortgage Loans as of the Cut-off Date and (ii) the Original Pre-Funded Amount.

• The Securities Administrator shall, promptly upon receipt, deposit in the Pre-Funding Account and retain therein the Original Pre-Funded Amount remitted on the Closing Date by the Depositor.

More Definitions of Original Pre-Funded Amount

Original Pre-Funded Amount. The amount deposited by the Depositor in the Pre- Funding Account on the Closing Date, which amount is $___________.

Original Pre-Funded Amount. The amount deposited by the Company in the Pre-Funding Account on the Closing Date, which amount is $480,078,053.21 ($398,655,374.28 related to Group I Mortgage Loans, $57,194,111.12 related to Group II Mortgage Loans and $24,228,567.81 related to Group III Mortgage Loans).

Original Pre-Funded Amount means the amount deposited in the Pre-Funding Account pursuant to Section 2.02(l).

Original Pre-Funded Amount. The sum of the Original Group I Pre-Funded Amount and the Original Group II Pre-Funded Amount.

Original Pre-Funded Amount. With respect to Loan Group I and Loan Group II, the amount deposited by the Company in the Pre-Funding Account on the Closing Date, which amount is $48,162,020.73 for Loan Group I and $11,837,831.36 for Loan Group II.

Original Pre-Funded Amount. The amount deposited in the Pre-Funding Account on the Closing Date by the Indenture Trustee, equal to $89,285,774.27.

Original Pre-Funded Amount. $_____________.