REMIC 1 Principal Loss Allocation Amount. With respect to any Distribution Date, an amount equal to (a) the product of (i) 50% of the aggregate Principal Balance of the Mortgage Loans and related REO Properties then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the aggregate of the Uncertificated Principal Balances of REMIC 1 Regular Interest LT1A1, REMIC 1 Regular Interest LT1A1A, REMIC 1 Regular Interest LT1A2, REMIC 1 Regular Interexx XX0X0, XXXXX 1 Regular Interest LT1M2, REMIC 1 Regular Interest LT1M3, REMIC 1 Regular Interest LT1M4, REMIC 1 Regular Interest LT1M5, REMIC 1 Regular Interest LT1M6 and REMIC 1 Regular Interest LT1B and the denominator of which is the aggregate of the Uncertificated Principal Balances of REMIC 1 Regular Interest LT1A1, REMIC 1 Regular Interest LT1A1A, REMIC 1 Regular Interest LT1A2, REMIC 1 Regular Interexx XX0X0, XXXXX 1 Regular Interest LT1M2, REMIC 1 Regular Interest LT1M3, REMIC 1 Regular Interest LT1M4, REMIC 1 Regular Interest LT1M5, REMIC 1 Regular Interest LT1M6, REMIC 1 Regular Interest LT1B and REMIC 1 Regular Interest LT1ZZ.
REMIC 1 Principal Loss Allocation Amount. With respect to any Distribution Date, an amount equal to (a) the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and related REO Properties then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the aggregate of the Uncertificated Principal Balances of REMIC 1 Regular Interest LT1A1, REMIC 1 Regular Interest LT1A2, REMIC 1 Regular Interest LT1A3, REMIC 1 Regular Interest LT1M and REMIC 1 Regular Interest LT1B, and the denominator of which is the aggregate of the Uncertificated Principal Balances of REMIC 1 Regular Interest LT1A1, REMIC 1 Regular Interest LT1A2, REMIC 1 Regular Interest LT1A3, REMIC 1 Regular Interest LT1M, REMIC 1 Regular Interest LT1B and REMIC 1 Regular Interest LT1ZZ.
REMIC 1 Principal Loss Allocation Amount. With respect to any Distribution Date, an amount equal to (a) the product of (i) 50% of the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the aggregate of the Uncertificated Principal Balances of REMIC 1 Regular Interest LT-I-A-1, REMIC 1 Regular Interest LT-I-A-2-1, REMIC 1 Regular Interest LT-I-A-2-2, REMIC 1 Regular Interest LT-I-A-3, REMIC 1 Regular Interest LT-II-A-1-1, REMIC 1 Regular Interest LT-II-A-1-2, REMIC 1 Regular Interest LT-II-A-2, REMIC 1 Regular Interest LT-II-A-3-1, REMIC 1 Regular Interest LT-II-A-3-2, REMIC 1 Regular Interest LT-III-A-1-1, REMIC 1 Regular Interest LT-III-A-1-2, REMIC 1 Regular Interest LT-III-A-2, REMIC 1 Regular Interest LT-III-A-3-1, REMIC 1 Regular Interest LT-III-A-3-2, REMIC 1 Regular Interest LT-M1, REMIC 1 Regular Interest LT-M2, REMIC 1 Regular Interest LT-M3, REMIC 1 Regular Interest LT-M4, REMIC 1 Regular Interest LT-M5, REMIC 1 Regular Interest LT-M6, REMIC 1 Regular Interest LT-M7 and REMIC 1 Regular Interest LT-M8 and the denominator of which is the aggregate of the Uncertificated Principal Balances of REMIC 1 Regular Interest LT-I-A-1, REMIC 1 Regular Interest LT-I-A-2-1, REMIC 1 Regular Interest LT-I-A-2-2, REMIC 1 Regular Interest LT-I-A-3, REMIC 1 Regular Interest LT-II-A-1-1, REMIC 1 Regular Interest LT-II-A-1-2, REMIC 1 Regular Interest LT-II-A-2, REMIC 1 Regular Interest LT-II-A-3-1, REMIC 1 Regular Interest LT-II-A-3-2, REMIC 1 Regular Interest LT-III-A-1-1, REMIC 1 Regular Interest LT-III-A-1-2, REMIC 1 Regular Interest LT-III-A-2, REMIC 1 Regular Interest LT-III-A-3-1, REMIC 1 Regular Interest LT-III-A-3-2, REMIC 1 Regular Interest LT-M1, REMIC 1 Regular Interest LT-M2, REMIC 1 Regular Interest LT-M3, REMIC 1 Regular Interest LT-M4, REMIC 1 Regular Interest LT-M5, REMIC 1 Regular Interest LT-M6, REMIC 1 Regular Interest LT-M7, REMIC 1 Regular Interest LT-M8 and REMIC 1 Regular Interest LT-ZZ.
More Definitions of REMIC 1 Principal Loss Allocation Amount
REMIC 1 Principal Loss Allocation Amount. With respect to any Distribution Date, an amount equal to the product of (i) 0.50% of the aggregate Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) 1 minus a fraction, the numerator of which is 2 times the aggregate of the Uncertificated Principal Balances of REMIC 1 Regular Interest LT1-A1, LT1-A2, LT1-A3, LT1-A4, LT1-M1, LT1-M2, LT1-M3, LT1-M4, LT1-M5, LT1-M6 and LT1-M7 and the denominator of which is the aggregate of the Uncertificated Principal Balances of REMIC 1 Regular Interests LT1-A1, LT1-A2, LT1-A3, LT1-A4, LT1-M1, LT1-M2, LT1-M3, LT1-M4, LT1-M5, LT1-M6, LT1-M7 and LT1-ZZ.
REMIC 1 Principal Loss Allocation Amount. With respect to any Distribution Date, an amount equal to (a) the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and related REO Properties then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the aggregate of the Uncertificated Principal Balances of REMIC 1 Regular Interest LT1A, REMIC 1 Regular Interest LT1M and REMIC 1 Regular Interest LT1B, and the denominator of which is the aggregate of the Uncertificated Principal Balances of REMIC 1 Regular Interest LT1A, REMIC 1 Regular Interest LT1M, REMIC 1 Regular Interest LT1B and REMIC 1 Regular Interest LT1ZZ.
REMIC 1 Principal Loss Allocation Amount. With respect to any Distribution Date, an amount equal to (a) the product of (i) 50% of the aggregate Principal Balance of the Mortgage Loans and related REO Properties then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the aggregate of the Uncertificated Principal Balances of REMIC 1 Regular Interest LT1A1, REMIC 1 Regular Xxxxxxxx XX0X0X, REMIC 1 Regular Interest LT1A2B, REMIC 1 Regular Interest LT1A2C, REMIC 1 Regular Interest LT1M1, REMIC 1 Regular Interest LT1M2, REMIC 1 Regular Interest LT1M3, REMIC 1 Regular Interest LT1M4, REMIC 1 Regular Interest LT1M5, REMIC 1 Regular Interest LT1M6, REMIC 1 Regular Interest LT1M7, REMIC 1 Regular Interest LT1M8, REMIC 1 Regular Interest LT1M9, REMIC 1 Regular Interest LT1M10, REMIC 1 Regular Interest LT1B1, REMIC 1 Regular Interest LT1B2 and REMIC 1 Regular Interest LT1B3 and the denominator of which is the aggregate of the Uncertificated Principal Balances of REMIC 1 Regular Interest LT1A1, REMIC 1 Regular Xxxxxxxx XX0X0X, REMIC 1 Regular Interest LT1A2B, REMIC 1 Regular Interest LT1A2C, REMIC 1 Regular Interest LT1M1, REMIC 1 Regular Interest LT1M2, REMIC 1 Regular Interest LT1M3, REMIC 1 Regular Interest LT1M4, REMIC 1 Regular Interest LT1M5, REMIC 1 Regular Interest LT1M6, REMIC 1 Regular Interest LT1M7, REMIC 1 Regular Interest LT1M8, REMIC 1 Regular Interest LT1M9, REMIC 1 Regular Interest LT1M10, REMIC 1 Regular Interest LT1B1, REMIC 1 Regular Interest LT1B2, REMIC 1 Regular Interest LT1B3 and REMIC 1 Regular Interest LT1ZZ.
REMIC 1 Principal Loss Allocation Amount. With respect to any Distribution Date, an amount equal to the product of (i) the aggregate Principal Balance of the Mortgage Loans and related REO Properties then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the aggregate of the Uncertificated Principal Balances of REMIC 1 Regular Interest LTA1, REMIC 1 Regular Interest LTA2, REMIC 1 Regular Interest LTM1, REMIC 1 Regular Interest LTM2 and REMIC 1 Regular Interest LTM3 and the denominator of which is the aggregate of the Uncertificated Principal Balances of REMIC 1 Regular Interest LTA1, REMIC 1 Regular Interest LTA2, REMIC 1 Regular Interest LTM1, REMIC 1 Regular Interest LTM2, REMIC 1 Regular Interest LTM3 and REMIC 1 Regular Interest LTZZ.
REMIC 1 Principal Loss Allocation Amount. With respect to any Distribution Date, an amount equal to the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and related REO Properties then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the aggregate Uncertificated Principal Balance of REMIC 1 Regular Interests LT-A1, LT- A2, LT-M1, LT-M2, LT-B1 and LT-B2, and the denominator of which is the aggregate Uncertificated Principal Balance of REMIC 1 Regular Interests LT-A1, LT-A2, LT-M1, LT-M2, LT-B1, LT-B2 and LT-ZZ.
REMIC 1 Principal Loss Allocation Amount. With respect to any Distribution Date, an amount equal to the product of (i) the aggregate Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) 1 minus a fraction, the numerator of which is 2 times the aggregate of the Uncertificated Principal Balances of REMIC 1 Regular Interest A1, A2, A3, M1, M2, M3, M4, M5, M6, M7, B1 and B2 and the denominator of which is the aggregate of the Uncertificated Principal Balances of REMIC 1 Regular Interests A1, A2, A3, M1, M2, M3, M4, M5, M6, M7, B1, B2 and ZZ.
REMIC 1 Principal Loss Allocation Amount. With respect to any Distribution Date, an amount equal to the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and related REO Properties then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the aggregate Uncertificated Principal Balance of REMIC 1 Regular Interests LT-2, LT- 2X, LT-3, LT-3X, LT-4, LT-4X, LT-5, LT-5X, LT-6, LT-6X, LT-7, LT-7X, LT-8 and LT-8X, and the denominator of which is the aggregate Uncertificated Principal Balance of REMIC 1 Regular Interests LT-2, LT-2X, LT-3, LT-3X, LT-4, LT-4X, LT-5, LT-5X, LT-6, LT-6X, LT-7, LT-7X, LT- 8, LT-8X, LT-9 and LT-9X.