Certificate Principal Factor. As to any date of determination and as to any Class of Certificates, a fraction the numerator of which is (i) the aggregate of the Denominations of all Certificates of such Class minus (ii) the aggregate amount of all Principal Distribution Amounts, if any, distributed thereto prior to such date of determination and the denominator of which is the aggregate of the Denominations of all Certificates of such Class.
Certificate Principal Factor. As to any date of determination and as to any Class of Certificates, other than the Interest Only Certificates and the Class 16-R and Class 16-RL Certificates, a fraction the numerator of which is (i) the aggregate of the denominations of all Certificates of such Class plus, in the case of each Class of Accrual Certificates, all interest that has accrued on such Class of Certificates prior to such date of determination and has not been distributed, less (ii) the aggregate amount of all Principal Distribution Amounts, if any, allocable thereto prior to such date of determination and the denominator of which is the aggregate of the denominations of all Certificates of such Class. As to any date of determination and the Class 16-PJ Certificates, a fraction the numerator of which is the sum of (a) 10.7142840000% of the Class Certificate Principal Balance of the Class 16-PA Certificates, (b) 10.7142847959% of the Class Certificate Principal Balance of the Class 16-PG Certificates, (c) 7.1428544869% of the Class Certificate Principal Balance of the Class 16-PB Certificates and (d) 7.1428545520% of the Class Certificate Principal Balance of the Class 16-PC Certificates and the denominator of which is $11,194,105. As to any date of determination and as to any remaining Class of Interest Only Certificates, the then current Certificate Principal Factor for the Class of Certificates that corresponds to such Class of Interest Only Certificates as specified in the table below: Interest Only Class Corresponding Class Class 16-SA Class 16-FA Class 16-SC Class 16-FC Class 16-SJ Class 16-J Class 16-SD Class 16-D Class 16-SM Class 16-M
Certificate Principal Factor. As to any date of determination and as to any Class of Certificates, other than the Interest Only Certificates and the Class 29-R and Class 29-RL Certificates, a fraction the numerator of which is (i) the aggregate of the denominations of all Certificates of such Class plus, in the case of the Accrual Certificates, all interest that has accrued on such Certificates prior to such date of determination and has not been distributed, less
Examples of Certificate Principal Factor in a sentence
Notice of any termination shall be given promptly by Xxxxxx Xxx to Holders of Regular Certificates by publication of a Certificate Principal Factor equal to zero for each outstanding Class of Certificates not later than the eighth Business Day of the month of the related Distribution Date.
Notice of any termination shall be given promptly by Xxxxxx Mae to Holders of Regular Certificates by publication of a Certificate Principal Factor equal to zero for each outstanding Class of Certificates not later than the eighth Business Day of the month of the related Distribution Date.
As soon as practicable following the eleventh calendar day of each month, Xxxxxx Mae will make available the Certificate Principal Factor (carried to eight decimal places) for each Class of Certificates after giving effect to the distribution of the Principal Distribution Amount on the following Distribution Date.
As soon as practicable following the eleventh calendar day of each month, Xxxxxx Xxx will make available the Certificate Principal Factor (carried to eight decimal places) for each Class of Certificates after giving effect to the distribution on the following Distribution Date.
Notice of any termination shall be given promptly by Xxxxxx Mae to Holders of Certificates by publication of a Certificate Principal Factor equal to zero for each outstanding Class of Certificates not later than the eighth Business Day of the month of the related Distribution Date.
More Definitions of Certificate Principal Factor
Certificate Principal Factor. With respect to any Class of Regular Certificates (other than the A-IO Class Certificates), as of any date of determination, a fraction expressed as a decimal carried to eight decimal places, whose numerator is the then related Class Balance and whose denominator is the related original Class Balance (as of the Issue Date). With respect to the A-IO Class Certificates, as of any date of determination, a fraction expressed as a decimal carried to eight decimal places, whose numerator is the then related notional balance and whose denominator is the related original notional balance (as of the Issue Date).
Certificate Principal Factor. As to any date of determination and each Class of Redeemable Certificates, a fraction the numerator of which is (i) the aggregate of the denominations of all Certificates of such Class less (ii) the aggregate amount of all Principal Distribution Amounts, if any, allocable thereto prior to such date of determination and the denominator of which is the original Class Certificate Principal Balance of such Class. As to any date of determination and the Class B1 Certificate, the then current Certificate Principal Factor for the Class A1 Certificates. As to any date of determination and the Class B2 Certificate, the then current Certificate Principal Factor for the Class A2 Certificates.
Certificate Principal Factor. As to any date of determination and any Combinable Class, the then current Certificate Principal Factor for the Related REMIC Class. As to any date of determination and the Class 27-H RCR Certificates, a fraction the numerator of which is the sum of the Class Certificate Principal Balance of the Class 1997-27-B REMIC Certificates and the Class Certificate Principal Balance of the Class 1997-27-XX XXXXX Certificates and the denominator of which is $5,770,000. Class: Each Class of Certificates issued or issuable hereunder as set forth in Section 2.02 hereto.
Certificate Principal Factor. As to any date of determination and as to any Class of Certificates, other than the Interest Only Certificates and the Class 42-R and Class 42-RL Certificates, a fraction the numerator of which is (i) the aggregate of the denominations of all Certificates of such Class plus, in the case of each Class of Accrual Certificates, all interest that has accrued on such class of Certificates prior to such date of determination and has not been distributed, less (ii) the aggregate amount of all Principal Distribution Amounts, if any, allocable thereto prior to such date of determination and the denominator of which is the aggregate of the denominations of all Certificates of such Class. As to the Class 42-PI Certificates, a fraction the numerator of which is the sum of (i) 13.3333333333% of the aggregate of the principal balances of the Class 42-PH and Class 42-PJ Certificates and (ii) 40.0000000000% of the aggregate of the principal balances of the Class 42-PK and Class 42-PL Certificates and the denominator of which is $38,497,066. As to any date of determination and as to any remaining Class of Interest Only Certificates (together with any interest-only Component), a fraction the numerator of which is the then current principal balance for the Class of Certificates or Component, as applicable, that corresponds to such Class of Interest Only Certificates or Component as specified in the table below and the denominator of which is the original Class Notional Principal Balance or Component Notional Principal Balance, as applicable, of such Class or Component: Interest Only Class Or Component Corresponding Class or Component Classes 42-S and 42-SA(1) Class 42-F Class 42-SB Class 42-FA Class 42-SE Class 42-FE Class 42-SG and 42-SD1 Component (2) 42-FD1 Component 42-SD2 Component 42-FD2 Component 42-SD3 Component Class 42-FE
Certificate Principal Factor. As to any date of determination and as to any Class of Certificates, other than the Interest Only Certificates and the Class 1-R Certificate, a fraction the numerator of which is (i) the aggregate of the denominations of all Certificates of such Class plus, in the case of the Class of Accrual Certificates, all interest that has accrued thereon prior to such date of determination that has not been distributed as interest thereon, less (ii) the aggregate amount of all Principal Distribution Amounts, if any, allocable thereto prior to such date of determination and the denominator of which is the aggregate of the denominations of all Certificates of such Class. As to any date of determination and as to the Class of Interest Only Certificates, the then current Certificate Principal Factor for the Class of Certificates that corresponds to such Class of Interest Only Certificates as specified in the table below: Interest Only Class Corresponding Class Class 1-S Class 1-F
Certificate Principal Factor. As to any date of determination and any Combinable Class, the then current Certificate Principal Factor for the Related REMIC Class. As to any date of determination and (a) the Class 58-B, Class 58-IA and Class 00-X XXX Xxxxxxxxxxxx, the then current Certificate Principal Factor for the Class 58-D Combinable Certificates and (b) the Class 58-SA and Class 00-X XXX Certificates the then current Certificate Principal Factor for either the Class 58-S, Class 58-PO or Class 58-F Combinable Certificates.
Certificate Principal Factor. As to any date of determination and any Combinable Class, the then current Certificate Principal Factor for the Related REMIC Class. As to any date of determination and the Class 13-AD RCR Certificate, a fraction the numerator of which is the aggregate of the Class Notional Principal Balances (as defined in the REMIC Trust Agreement) of the Class 1997-13-AC and Class 1997-13-AB REMIC Certificates and the denominator of which is $76,974,000. As to any date of determination and the Class 13-U RCR Certificate, a fraction the numerator of which is the aggregate of the Class Notional Principal Balances (as defined in the REMIC Trust Agreement) of the Class 1997-13-FB and Class 1997-13-SB REMIC Certificates and the denominator of which is $16,758,000. As to any date of determination and the Class 13-BP and Class 13- SP RCR Certificates, a fraction the numerator of which is the aggregate of the Class Notional Principal Balances (as defined in the REMIC Trust Agreement) of the Class 1997-13-SB REMIC Certificate and the denominator of which is $1,862,000 and $14,896,000, respectively. Class: Each Class of Certificates issued or issuable hereunder as set forth in Section 2.02 hereto.