Pool 4 Subordinate Amount definition
Pool 4 Subordinate Amount. For any Distribution Date, the excess of the Aggregate Stated Principal Balance of the Pool 4 Mortgage Loans as of the first day of the month preceding the month of such Distribution Date over the sum of the Class Principal Amounts of the Group 4 Certificates immediately before such Distribution Date.
Pool 4 Subordinate Amount. As to any Distribution Date, is equal to the excess of the Stated Principal Balance of the Pool 4 Mortgage Loans (less the applicable Class P Fraction of any Class P Mortgage Component in Subgroup 4-1) as of the first day of the month preceding the month in which such Distribution Date occurs over the Class Principal Amount of the Class 4-A Certificates immediately before such Distribution Date.