REMIC 2 Principal Loss Allocation Amount. With respect to any Distribution Date and the mortgage loans, 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 2 Regular Interest A-1, REMIC 2 Regular Interest A-1M, REMIC 2 Regular Interest A-1W, REMIC 2 Regular Interest A-2A, REMIC 2 Regular Interest A-2B, REMIC 2 Regular Interest A-2C, REMIC 2 Regular Interest A-2D, REMIC 2 Regular Interest M-1, REMIC 2 Regular Interest M-2, REMIC 2 Regular Interest M-3, REMIC 2 Regular Interest M-4, REMIC 2 Regular Interest M-5, REMIC 2 Regular Interest M-6, REMIC 2 Regular Interest M-7, REMIC 2 Regular Interest M-8 and REMIC 2 Regular Interest B, and the denominator of which is the aggregate of the Uncertificated Principal Balances of REMIC 2 Regular Interest A-1, REMIC 2 Regular Interest A-1M, REMIC 2 Regular Interest A-1W, REMIC 2 Regular Interest A-2A, REMIC 2 Regular Interest A-2B, REMIC 2 Regular Interest A-2C, REMIC 2 Regular Interest A-2D, REMIC 2 Regular Interest M-1, REMIC 2 Regular Interest M-2, REMIC 2 Regular Interest M-3, REMIC 2 Regular Interest M-4, REMIC 2 Regular Interest M-5, REMIC 2 Regular Interest M-6, REMIC 2 Regular Interest M-7, REMIC 2 Regular Interest M-8, REMIC 2 Regular Interest B and REMIC 2 Regular Interest ZZ.
REMIC 2 Principal Loss Allocation Amount. With respect to any Distribution Date and the Mortgage Loans, an amount equal to (a) 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 2 Regular Interest LT2B, REMIC 2 Regular Interest LT2C, REMIC 2 Regular Interest LT2D and REMIC 2 Regular Interest LT2E, REMIC 2 Regular Interest LT2F, REMIC 2 Regular Interest LT2G, REMIC 2 Regular Interest LT2H, REMIC 2 Regular Interest LT2I and REMIC 2 Regular Interest LT2J and the denominator of which is the aggregate of the Uncertificated Principal Balances of REMIC 2 Regular Interest LT2B, REMIC 2 Regular Interest LT2C, REMIC 2 Regular Interest LT2D, REMIC 2 Regular Interest LT2E, REMIC 2 Regular Interest LT2F, REMIC 2 Regular Interest LT2G, REMIC 2 Regular Interest LT2H, REMIC 2 Regular Interest LT2I and REMIC 2 Regular Interest LT2J.
REMIC 2 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 2 Regular Interest A-IA, A-IIA1, A-IIA2, A-IIA3, A-IIA4, M1, M2, M3, M4, M5, M6, M7, M8, M9, M10 and B and the denominator of which is the aggregate of the Uncertificated Principal Balances of REMIC 2 Regular Interests A-IA, A-IIA1, A-IIA2, A-IIA3, A-IIA4, M1, M2, M3, M4, M5, M6, M7, M8, M9, M10, B and ZZ.
More Definitions of REMIC 2 Principal Loss Allocation Amount
REMIC 2 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 2 Regular Interests MT-A1, MT-A2, MT-A3, MT-A4, MT-A5, MT-M1, MT-M2 and MT-B, and the denominator of which is the aggregate Uncertificated Principal Balance of REMIC 2 Regular Interests MT-A0, XX-X0, XX- X3, MT-A4, MT-A5, MT-M1, MT-M2, MT-B and MT-ZZ.
REMIC 2 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 2 Regular Interest A- IA, A-IIA1, A-IIA2, A-IIA3, X-XXX0, X0, X0, X0, X0, X0, X0, X0, X0, X0, M10 and B and the denominator of which is the aggregate of the Uncertificated Principal Balances of REMIC 2 Regular Interests X-XX, X-XXX0, X-XXX0, A-IIA3, A-IIA4, M1, M2, M3, X0, X0, X0, X0, X0, X0, X00, B and ZZ.
REMIC 2 Principal Loss Allocation Amount. With respect to any Distribution Date, an amount equal to (a) 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 2 Regular Interest LT2B, REMIC 2 Regular Interest LT2C, REMIC 2 Regular Interest LT2D and REMIC 2 Regular Interest LT2E and the denominator of which is the aggregate of the Uncertificated Principal Balances of REMIC 2 Regular Interest LT2B, REMIC 2 Regular Interest LT2C, REMIC 2 Regular Interest LT2D, REMIC 2 Regular Interest LT2E and REMIC 2 Regular Interest LT2F.
REMIC 2 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 2 Regular Interest LT1A1, REMIC 2 Regular Interest LT1M and REMIC 2 Regular Interest LT1B, and the denominator of which is the aggregate of the Uncertificated Principal Balances of REMIC 2 Regular Interest LT1A1, REMIC 2 Regular Interest LT1A2, REMIC 2 Regular Interest LT1A3, REMIC 2 Regular Interest LT1A4, REMIC 2 Regular Interest LT1A5, REMIC 2 Regular Interest LT1A6, REMIC 2 Regular Interest LT1M, REMIC 2 Regular Interest LT1B and REMIC 2 Regular Interest LT1ZZ.
REMIC 2 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 the REO Properties then outstanding, minus the Certificate Principal Balance of the Class P Certificates, and (ii) 1 minus a fraction, the numerator of which is two (2) times the aggregate Uncertificated Principal Balance of each REMIC 2 Regular Interest for which a Class A, Class M or Class B Certificate is a Corresponding Certificate and the denominator of which is the aggregate Uncertificated Principal Balance of each REMIC 2 Regular Interest for which a Class A, Class M or Class B Certificate is a Corresponding Certificate and REMIC 2 Regular Interest ZZ.
REMIC 2 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 2 Regular Interests MT-2, MT- 3, MT-4, MT-5, MT-6, MT-7, and the denominator of which is the aggregate Uncertificated Principal Balance of REMIC 2 Regular Interests MT-2, MT-3, MT-4, MT-5, MT-6, MT-7 and MT- 8.
REMIC 2 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 2 Regular Interests MTI-A-1, MTI-A-2A, MTI-A-2B, MTI-A-3, MTI-A-4, MTI-M-1, MTI-M-2, MTI-X-0, XXX-X-0, XXX-X-0, XXX-X-0, XXX-X-0, XXX-M-8, MTI-M-9A, MTI-M-9F, MTI-B-1 and MTI-B-2 and the denominator of which xx xxx xxxxxxxxx Xxxxxxxxxxated Principal Balance of REMIC 2 Regular Interests MTI-A-1, MTI-A-2A, MTI-A-2B, MTI-A-3, MTI-A-4, MTI-M-1, MTI-M-2, MTI-X-0, XXX-X-0, XXX-X-0, XXX-X-0, XXX-X-0, XXX-M-8, MTI-M-9A, MTI-M-9F, MTI-B-1, MTI-B-2 and MTI-ZZ.