Transfer Payment Made definition
Transfer Payment Made. As defined in Section 4.03.
Transfer Payment Made. As defined in Section 5.08.
Transfer Payment Made. Not applicable.
Examples of Transfer Payment Made in a sentence
The payment made by the Overcollateralized Group is referred to as a "Transfer Payment Made".
More Definitions of Transfer Payment Made
Transfer Payment Made. As to any Distribution Date prior to the Senior Credit Support Depletion Date (as long as any Class of Senior Certificates is still outstanding) and (a) a Loan Group with an OC Condition, the Principal Amount (excluding clause (g) of that definition) for such Loan Group and Distribution Date; or (b) a Loan Group if any other Loan Group has a UC Condition, the Subordinated Principal Distribution Amount (excluding clause (B) of that definition) for such Loan Group, up to the amount necessary to eliminate the UC Condition in such other Loan Group or Loan Groups or (c) a Loan Group with an OC Condition and any other Loan Group has a UC Condition, the Principal Amount (excluding clause (g) of that definition) for such Loan Group and Distribution Date.
Transfer Payment Made. The Principal Transfer Amount made by the Overcollateralized Group or by the Loan Group the Senior Certificates of which have been reduced to zero.
Transfer Payment Made. As to any Distribution Date prior to the Senior Credit Support Depletion Date (as long as any Class of Senior Certificates is still outstanding) and (a) a Loan Group with an OC Condition, the Principal Distribution Amount for such Loan Group and Distribution Date; or (b) a Loan Group if the other Loan Group has a UC Condition, the Subordinated Principal Distribution Amount for such Loan Group, up to the amount necessary to eliminate the UC Condition in such other Loan Group or (c) a Loan Group with an OC Condition and the other Loan Group has a UC Condition, the Principal Distribution Amount for such Loan Group and Distribution Date.
Transfer Payment Made. As to any Distribution Date prior to the Senior Credit Support Depletion Date (as long as any Class of Senior Certificates is still outstanding), (a) with respect to a Loan Group with an OC Condition (unless a UC Condition exists with respect to a Loan Group), an amount equal to the Principal Distribution Amount for such Loan Group (prior to any reduction for any Transfer Payment Made on such Distribution Date) and such Distribution Date; (b) with respect to each Loan Group, if any Loan Group has a UC Condition, the Subordinate Principal Distribution Amount of all of the Loan Groups (including the Loan Group or Loan Groups with the UC Condition and prior to any reduction for any Transfer Payments Made for such Distribution Date) and such Distribution Date, or (c) otherwise, zero.
Transfer Payment Made. As to a Loan Group and any Distribution Date prior to the Senior Credit Support Depletion Date (so long as any Class of Senior Certificates is still outstanding), payable from amounts otherwise due the Subordinate Certificates, an amount equal to the following: (a) if an OC Condition exists with respect to such Loan Group (unless a UC Condition exists with respect to the other Loan Group), the Principal Distribution Amount for such Loan Group (prior to any reduction for any Transfer Payment Made on such Distribution Date) and Distribution Date; (b) if a UC Condition exists with respect to the other Loan Group, the amount necessary to eliminate the UC Condition in such other Loan Group plus any accrued but unpaid interest on the related Senior Certificates and one month's interest on the UC at the related Pass-Through Rate if necessary (prior to any reduction for any Transfer Payment Made for such Distribution Date); or (c) otherwise, zero.