Principal Carry Forward Amount definition
Principal Carry Forward Amount. As to the Class A or Class M Notes and any Payment Date, the amount, if any, by which (i) the amounts payable to such Class pursuant to Section 5.01(a)(iv) and (v) (with respect to the Class A Notes) or pursuant to Section 5.01(a)(vii) and (viii) (with respect to the Class M Notes), as applicable, as of the preceding Payment Date exceeded (ii) the amount of the actual payments made to such Class on such prior Payment Date pursuant to Section 5.01(a)(iv) and (v) (with respect to the Class A Notes) or pursuant to Section 5.01(a)(vii) and (viii) (with respect to the Class M Notes), as applicable.
Principal Carry Forward Amount. As to the Class A or Class M Certificates and any Distribution Date, the amount, if any, by which (i) the amounts payable to such Class pursuant to Section 5.01(a)(v) and (vi) (with respect to the Class A Certificates) or pursuant to Section 5.01(a)(viii) and (ix) (with respect to the Class M Certificates), as applicable, as of the preceding Distribution Date exceeded (ii) the amount of the actual distributions made to such Class on such prior Distribution Date pursuant to Section 5.01(a)(v) and (vi) (with respect to the Class A Certificates) or pursuant to Section 5.01(a)(viii) and (ix) (with respect to the Class M Certificates), as applicable.
Principal Carry Forward Amount. With respect to any Payment Date, the excess, if any, of (a) the Optimal Principal Payment Amount for such Payment Date plus the Principal Carry-Forward Amount for the prior Payment Date over (b) the amount in respect of principal that is actually distributed from the Distribution Account on such Payment Date.
Examples of Principal Carry Forward Amount in a sentence
Premium Amount Current Next Distribution Distribution Date Date ------------ ------------ Available Funds Available Funds Available Funds Shortfall Amortized Subordinated Amount Requirement Excess Subordinated Amount Specified Subordinated Amount Subordinated Amount Subordination Deficiency Amount Subordination Deficit Subordination Increase Amount Subordination Reduction Amount Principal Carry Forward Amount Principal Distribution Amount Reimbursement Amount Balance of Largest Loan EquiVantage Inc.
Premium Amount Current Next Distribution Distribution Date Date ---- ---- Available Funds Available Funds Available Funds Shortfall Amortized Subordinated Amount Requirement Excess Subordinated Amount Specified Subordinated Amount Subordinated Amount Subordination Deficiency Amount Subordination Deficit Subordination Increase Amount Subordination Reduction Amount Principal Carry Forward Amount Principal Distribution Amount Reimbursement Amount Balance of Largest Loan EquiVantage Inc.
More Definitions of Principal Carry Forward Amount
Principal Carry Forward Amount. As to the Class A Notes and any Payment Date, the amount, if any, by which (i) the amounts payable to such Class pursuant to Section 5.01(a)(iii), as of the preceding Payment Date exceeded (ii) the amount of the actual distributions made on such prior Payment Date pursuant to Section 5.01(a)(iii).
Principal Carry Forward Amount. With respect to any Payment Date, the amount, if any, by which (i) the Principal Payment Amount as of the immediately preceding Payment Date exceeded (ii) the amount of the actual payment of principal made to the Owners of the Notes on such immediately preceding Payment Date. 10
Principal Carry Forward Amount. With respect to any Payment Date, the excess, if any, of (A) the Overcollateralization Shortfall for such Payment Date plus the Principal Carry-Forward Amount for the prior Payment Date over (B) the amount in respect of principal that is actually distributed from the Distribution Account on such Payment Date.
Principal Carry Forward Amount. With respect to any Distribution Date, the excess, if any, of (A) the Overcollateralization Shortfall for such Distribution Date plus the Principal Carry-Forward Amount for the prior Distribution Date over (B) the amount in respect of principal that is actually distributed from the Distribution Account on such Distribution Date.
Principal Carry Forward Amount. As to the Class A or Cl▇▇▇ ▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, the amount, if any, by which (i) the amounts payable to such Class pursuant to Section 5.01(a)(ii) and (vii) (with respect to the Class A Certificates) or pursuant to Section 5.01(a)(v) and (viii) (with respect to the Class M Certificates), as applicable, as of the preceding Distribution Date exceeded (ii) the amount of the actual distributions made to such Class on such prior Distribution Date pursuant to Section 5.01(a)(ii) and (vii) (with respect to the Class A Certificates) or pursuant to Section 5.01(a)(v) and (viii) (with respect to the Class M Certificates), as applicable.
Principal Carry Forward Amount. As of any Remittance Date, the amount, if any, by which (i) the Remittance Amount (excluding the amounts described in clauses (ii) and (iv) and the interest portion of clause (iii) of the definition thereof) with respect to any Class of Certificates, exclusive of the Class R Certificates, as of the immediately preceding Remittance Date exceeded (ii) the amount of the actual distribution of principal to the Holders of such Class of Certificates made pursuant to the applicable clause in SECTION 6.05(b) for such Class on such immediately preceding Remittance Date.