Total Principal Distribution Amount definition

Total Principal Distribution Amount means:
Total Principal Distribution Amount shall equal the aggregate Stated Principal Balance of the entire Mortgage Pool outstanding immediately following the preceding Distribution Date.
Total Principal Distribution Amount means, with respect to any Distribution Date prior to the Final Distribution Date, an amount equal to the aggregate (without duplication) of the following:

Examples of Total Principal Distribution Amount in a sentence

  • After payment of the amounts specified in clauses (i) through (iv) above, to the Note Distribution Account, the Total Principal Distribution Amount, plus the Accelerated Principal Distribution Amount, if applicable.


More Definitions of Total Principal Distribution Amount

Total Principal Distribution Amount means, for any Distribution Date, the sum of:
Total Principal Distribution Amount. An amount equal to: