SHORTFALL AMOUNTS definition

SHORTFALL AMOUNTS. Means, as of any Remittance Date, the sum of (i) the Interest Shortfall Carryforward Amounts with respect to the Class M-1, Class M-2 and Class B Certificates, and (ii) the Class M-1, Class M-2 and Class B Realized Loss Amounts.
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SHORTFALL AMOUNTS. Means, as of any Remittance Date, (a) with respect to Pool II, the sum of (i) the Interest Shortfall Carryforward Amounts with respect to the Class MV-1, Class MV-2 and Class BV Certificates and (ii) the Class MV-1, Class MV-2 and Class BV Realized Loss Amounts and (b) with respect to Pool III, the sum of (i) the Interest Shortfall Carryforward Amounts with respect to the Class MH-1, Class MH-2 and Class BH Certificates and (ii) the Class MH-1, Class MH-2 and Class BH Realized Loss Amounts.
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SHORTFALL AMOUNTS has the meaning set forth in Section 5.8.
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Examples of SHORTFALL AMOUNTS in a sentence

  • SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE "CODE") COUPLED WITH CERTAIN OBLIGATIONS WITH RESPECT TO PAYMENTS OF BASIS RISK SHORTFALL AMOUNTS.

  • SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE "CODE") COUPLED WITH THE RIGHT TO RECEIVE PAYMENTS UNDER THE YIELD MAINTENANCE AGREEMENT AND CERTAIN OBLIGATIONS WITH RESPECT TO PAYMENTS OF BASIS RISK SHORTFALL AMOUNTS.

  • SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE "CODE") COUPLED WITH THE RIGHT TO RECEIVE PAYMENTS OF BASIS RISK SHORTFALL AMOUNTS.

  • SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE "CODE")COUPLED WITH CERTAIN RIGHTS TO RECEIVE PAYMENTS OF BASIS RISK SHORTFALL AMOUNTS.

  • SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE REPRESENTS OWNERSHIP OF A "REGULAR INTEREST" IN A "REAL ESTATE MORTGAGE INVESTMENT CONDUIT," AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE "CODE") COUPLED WITH AN INTEREST IN THE YIELD MAINTENANCE AGREEMENTS AND AN OBLIGATION TO PAY CERTAIN BASIS RISK SHORTFALL AMOUNTS.


More Definitions of SHORTFALL AMOUNTS

SHORTFALL AMOUNTS means Letter of Credit Shortfall Amounts and TOB Liquidity Shortfall Amounts.
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SHORTFALL AMOUNTS shall have the meaning set forth in Section 6.10.
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SHORTFALL AMOUNTS has the meaning specified in the Dexia Guaranteed Put Contract and the Dexia Non-Guaranteed Put Contract, respectively.
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SHORTFALL AMOUNTS. The sum of all amounts paid to the Certificates with respect to all related: (x) Interest Shortfall Carryforward Amounts for the Class M and Class B Certificates; and (y) Applied Realized Loss Amounts.
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Related to SHORTFALL AMOUNTS

  • Shortfall Amount has the meaning set forth in Section 6.02(b).

  • Substitution Shortfall Amount As defined in Section 2.03(d).

  • Available Funds Shortfall Amount means, as of any Payment Date, the amount, if any, by which the aggregate amount required to be paid pursuant to clauses first through twelfth of Section 4.4(a) of the Sale and Servicing Agreement exceeds the Available Funds for such Payment Date.

  • Class B-3 Interest Shortfall Amount As to any Distribution Date, any amount by which the Interest Accrual Amount of the Class B-3 Certificates with respect to such Distribution Date exceeds the amount distributed in respect of the Class B-3 Certificates on such Distribution Date pursuant to Paragraph eleventh of Section 4.01(a).

  • Class B-6 Interest Shortfall Amount As to any Distribution Date, any amount by which the Interest Accrual Amount of the Class B-6 Certificates with respect to such Distribution Date exceeds the amount distributed in respect of the Class B-6 Certificates on such Distribution Date pursuant to Paragraph twentieth of Section 4.01(a).