Principal Distribution Amount. For any Distribution Date, the sum of (i) the Basic Principal Distribution Amount for such Distribution Date and (ii) the Extra Principal Distribution Amount for such Distribution Date.
Principal Distribution Amount. With respect to each Distribution Date, an amount equal to (x) the Principal Funds for such Distribution Date plus (y) any Extra Principal Distribution Amount for such Distribution Date, less (z) any Overcollateralization Release Amount.
Principal Distribution Amount. With respect to any Distribution Date, the lesser of (a) the excess of (x) the Available Distribution Amount over (y) the Interest Distribution Amount, and (b) the sum of:
Examples of Principal Distribution Amount in a sentence
To the extent that any Principal Collections are remaining after application of the Principal Reinvestment Account Allocation Amount, the Servicer shall direct that such remaining funds be distributed to or at the written direction of the Issuer, and, if paid to the Noteholders, shall be considered an Investment Period Principal Distribution Amount.
More Definitions of Principal Distribution Amount
Principal Distribution Amount. With respect to any Distribution Date, the sum of the Group I Principal Distribution Amount and the Group II Principal Distribution Amount.
Principal Distribution Amount. With respect to each Mortgage Pool and any Distribution Date, an amount equal to the Principal Remittance Amount for such Mortgage Pool for such date minus the Aggregate Overcollateralization Release Amount, if any, allocable to such Mortgage Pool, for such Distribution Date (based on the Pool Percentage).
Principal Distribution Amount. With respect to a particular calendar month, an amount equal to the sum of (i) the Cash Flow Distribution Amount for such calendar month and (ii) the Aggregate Accrual Amount for such calendar month, if any. Prospectus: The Prospectus dated May 1, 2002 relating to the Xxxxxx Xxx Guaranteed REMIC Pass-Through Certificates.
Principal Distribution Amount means, with respect to any Payment Date, an amount equal to the sum of the First Priority Principal Distribution Amount, Second Priority Principal Distribution Amount and Regular Principal Distribution Amount.
Principal Distribution Amount. With respect to any Distribution Date and the Non-Vertically Retained Principal Balance Certificates, the sum of (i) the Non-Vertically Retained Percentage of the Aggregate Principal Distribution Amount for such Distribution Date and (ii) the Principal Shortfall, if any, for such Distribution Date.
Principal Distribution Amount. With respect to any Distribution Date, the aggregate of the following: