Sequential Class Interest Carryover Amount definition
Sequential Class Interest Carryover Amount. As defined in the Prospectus.
Examples of Sequential Class Interest Carryover Amount in a sentence
Any obligation of the AF-IO Class to pay the aggregate Group 1 Sequential Class Interest Carryover Amount to the Group 1 Sequential Classes shall be limited to amounts then available in the Group 1 Carryover Reserve Fund.
In the event that the amount on deposit in the Certificate Account shall be less than the Trust Fund Distribution Amount for such Distribution Date, then ▇▇▇▇▇▇ ▇▇▇ shall provide from its own funds the amount of any insufficiency; provided, however, that ▇▇▇▇▇▇ Mae’s guaranty hereunder shall not cover receipt by Holders of the Trust Fund Certificates of any Group 1 Sequential Class Interest Carryover Amount or AV-1 Class Interest Class Carryover Amount.