REMIC I Distribution Amount definition

REMIC I Distribution Amount. For any Distribution Date, the REMIC I Available Distribution Amount shall be distributed to the REMIC I Regular Interests and the Class R-1 Residual Interest in the following amounts and priority:

REMIC I Distribution Amount shall not cause a further reduction in the Class Principal Balances of any of the REMIC I Regular Interests; and

REMIC I Distribution Amount shall not cause a reduction in the Class Principal Balances of the REMIC I Regular Interests. In addition to the foregoing, on each Distribution Date, the Class Principal Balance of the Class of Subordinate Certificates with the lowest priority then outstanding (and its Corresponding Class of REMIC II Regular Interests) shall be increased by an amount equal to the lesser of (i) the Subsequent Recoveries for such Distribution Date and (ii) the amount of Realized Losses allocated to such Class on previous Distribution Dates (the amount in this clause (ii) reduced by the amount, if any, by which such Class Principal Balance has been increased on prior Distribution Dates pursuant to this paragraph). The Class Principal Balance for the Class A-1A1 Certificates shall be referred to as the “Class A-1A1 Principal Balance,” the Class Principal Balance for the Class A-1A1-L Regular Interest shall be referred to as the “Class A-1A1-L Principal Balance” and so on. The Class Principal Balance for the Class X-L Regular Interest and the Class X Certificates shall be zero as of the Closing Date and shall increase after the Closing Date by the portion, if any, of Net Negative Amortization Amounts allocated to the Class X-L Regular Interest pursuant to the definition of “Net Negative Amortization Amount”.

Examples of REMIC I Distribution Amount in a sentence

• On each Distribution Date, the Trustee shall cause the REMIC I Distribution Amount to be distributed by REMIC I to REMIC II on account of the REMIC I Regular Interests or withdrawn from the Distribution Account and distributed to the holders of the Class R-I Certificates, as the case may be , in the amounts and with the priorities set forth in the definition of REMIC I Distribution Amount.

• The amounts distributable pursuant to clauses (i) through (xix) above constitute the "REMIC I Distribution Amount".

• See Jury Committee of the American College of Trial Lawyers, “Improving Jury Deliberations Through Jury Instructions Based On Cognitive Science,” at 19 (Feb.

• Any amount that remains in the REMIC I Distribution Account on each Distribution Date after distribution of the REMIC I Distribution Amount and Prepayment Premiums allocable to the REMIC I Regular Interests pursuant to Section 4.01(d)(ii) shall be distributed to the Holders of the Class R-1 Certificate pursuant to clause (xx) above (but only to the extent of the REMIC I Available Distribution Amount for such Distribution Date remaining in the REMIC I Distribution Account, if any).

• On each Distribution Date, the Trustee shall be deemed to distribute to itself as the holder of the REMIC I Regular Interests, the following to the extent of the Available Distribution Amount reduced by distributions made to the Class R Certificateholders pursuant to Section 4.02(a): those portions of the REMIC I Distribution Amount not designated to Component I of the Class R Certificate, in the amounts and in accordance with the priorities set forth in the definition of REMIC I Distribution Amount.

More Definitions of REMIC I Distribution Amount

REMIC I Distribution Amount shall not cause a reduction in the Class Principal Balances of any of the Class C-Y and Class C-Z Regular Interests; and

REMIC I Distribution Amount. (i) first, to each Class of the REMIC I Regular Interests, up to the amount of unreimbursed Realized Losses allocable to principal previously allocated to each such Class, pro rata according such amount; provided, however, that any amounts distributed pursuant to this paragraph (c)(i) of this definition of “

REMIC I Distribution Amount shall not cause a further reduction in the Class Principal Balances of the REMIC I Regular Interests or their Corresponding Classes. The Class Principal Balance for the Class A-1 Certificates shall be referred to as the "Class A-1 Principal Balance," the Class Principal Balance for the Class A-1-L Regular Interest shall be referred to as the "Class A-1-L Principal Balance" and so on.

REMIC I Distribution Amount. For any Distribution Date, the REMIC I Available Distribution Amounts shall be deemed distributed to REMIC III, as the holder of the REMIC I Regular Interests, and to Holders of the Class AR-L Certificates in respect of Component I thereof, pursuant to Section 4.01(III)(a), in the following amounts and priority:

REMIC I Distribution Amount shall not cause a reduction in the Class Principal Balance of the Class C-P-M Regular Interest;

REMIC I Distribution Amount. (other than the distributions pursuant to the last subclause of clauses (I) and (II)). For any Distribution Date, with respect to the Class R-2 Residual Interest, any portion of the REMIC II Available Distribution Amount remaining after all distributions of the REMIC II Available Distribution Amount pursuant to clauses (a) and (b) of the definition of "REMIC II Distribution Amount." Upon termination of the obligations created by this Agreement and liquidation of REMIC I and REMIC II, the amounts which remain on deposit in the Certificate Account after payment to the Holders of the REMIC I Regular Interests of the amounts set forth in Section 9.01 of this Agreement, and subject to the conditions set forth therein, shall be distributed to the Class R-1 and Class R-2 Residual Interests in accordance with the preceding sentences of this definition as if the date of such distribution were a Distribution Date.

REMIC I Distribution Amount. On each Distribution Date, the REMIC I Available Distribution Amount, in the following order of priority, shall be distributed by REMIC I to REMIC III on account of the REMIC I Regular Interests and to the Holders of the Class R Certificates in respect of Component I thereof: