Principal Carryover Shortfall means, as of the close of business on any Payment Date, the excess, if any, of the Principal Distribution Amount over the Monthly Principal Distributable Amount.
Principal Carryover Shortfall means, with respect to any Payment Date, the excess of (i) the Principal Distributable Amount for the immediately preceding Payment Date over (ii) the amount that was actually deposited into the Note Distribution Account and the Certificate Distribution Account, if applicable, on account of principal on such immediately preceding Payment Date.
Principal Carryover Shortfall means, as of the close of business on any Payment Date, the excess of the Principal Payment Amount and (without duplication) any outstanding Principal Carryover Shortfall from the preceding Payment Date, over the amount of principal actually paid to the holders of the Notes on such current Payment Date.
Examples of Principal Carryover Shortfall in a sentence
Certificate Principal Carryover Shortfall, if any, (and change in amount from preceding statement) $0.00 h.
The amount of the Class B Noteholders' Principal Carryover Shortfall after giving effect to the payments set forth in paragraph A1b above with respect to the Notes.
Class A Principal Carryover Shortfall $0.00 with respect to Class A-1 6.
The amount of the Class A Noteholders' Principal Carryover Shortfall after giving effect to the payments set forth in paragraph A1b above with respect to the Notes.
Class A Principal Carryover Shortfall $0.00 with respect to Class A-3 6.
More Definitions of Principal Carryover Shortfall
Principal Carryover Shortfall means, as of the close of business on any Payment Date, the excess of the Principal Distribution Amount and any outstanding Principal Carryover Shortfall from the preceding Payment Date over the amount in respect of principal that is actually deposited in the Note Payment Account on such Payment Date.
Principal Carryover Shortfall means as of the close of business on any payment date, the excess of the Noteholder Principal Distributable Amount from the preceding payment date over the amount that was actually deposited in the Note Distribution Account on such preceding payment date to be distributed as principal on the notes.
Principal Carryover Shortfall means, with respect to each payment date, the excess of the Principal Distributable Amount for the preceding payment date over the amount that was actually deposited in the Note Distribution Account in respect of principal of the Notes on such preceding payment date.
Principal Carryover Shortfall means, as of the close of business on any Distribution Date, the excess of the Principal Distributable Amount plus any outstanding Principal Carryover Shortfall from the preceding Distribution Date over the amount of principal that the Holders of the Certificates receive on such current Distribution Date.
Principal Carryover Shortfall means, as of the close of business on any Payment Date, the excess, if any, of the Principal Distribution Amount over the amount of principal actually received by Noteholders on such Payment Date.
Principal Carryover Shortfall. As of the close of business on any Payment Date, an amount equal to (i) the Principal Payment Amount and any outstanding Principal Carryover Shortfall from the immediately preceding Payment Date, over (ii) the amount of principal that the Noteholders actually received on such current Payment Date.
Principal Carryover Shortfall. With respect to any Distribution Date and any Class B Component Certificate is the excess, if any, of (1) the amount of Applied Realized Loss Amounts allocated to such Class B Component Certificate as provided in Section 7.11 on prior Distribution Dates over (2) the amount distributed in respect thereof on prior Distribution Dates.