Class A-3 Current Interest definition

Class A-3 Current Interest. With respect to any Payment Date, the amount of interest accrued on the Class A-3 Certificate Principal Balance immediately prior to such Payment Date during the related Accrual Period at the Class A-3 Pass-Through Rate plus the Preference Amount owed to the Owners of the Class A-3 Certificates as it relates to interest previously paid on the Class A-3 Certificates.
Class A-3 Current Interest. As of any Distribution Date, the interest accrued during the related Accrual Period at the Class A-3 Pass-Through Rate on the Class A-3 Certificate Principal Balance as of such Distribution Date plus the portion of any previous distributions on such Class in respect of Class A-3 Current Interest or a Class A-3 Interest Carry Forward Amount that is recovered as a voidable preference by a trustee in bankruptcy, less any Non-Supported Interest Shortfall allocated on such Distribution Date to the Class A-3 Certificates.
Class A-3 Current Interest. With respect to the Class A-3 Certificates for any Distribution Date and the related Accrual Period, the interest accrued at the Class A-3 Pass-Through Rate applicable to such Distribution Date and such Accrual Period on the Class A-3 Certificate Principal Balance as of such Distribution Date (and prior to making any distributions on such Distribution Date).

More Definitions of Class A-3 Current Interest

Class A-3 Current Interest. With respect to any Payment Date, an amount equal to 30 days' interest accrued on the Class A-3 Certificate Principal Balance immediately prior to such Payment Date during the related Accrual Period at the Class A-3 Pass-Through Rate plus the Preference Amount owed to the Owners of the Class A-3 Certificates as it relates to interest previously paid on the Class A-3 Certificates; provided, however, such amount will be reduced by the Class A-3 Certificates' pro rata share of any Civil Relief Interest Shortfalls.
Class A-3 Current Interest. With respect to any Payment Date, an amount equal to 30 days' interest accrued on the Class A-3 Certificate Principal Balance immediately prior to such Payment Date during the related Accrual Period at the Class A-3 Pass-Through Rate plus the Preference Amount owed and unpaid to the Owners of the Class A-3 Certificates as it relates to interest previously paid on the Class A-3 Certificates plus the Carry-Forward Amount, if any, with respect to the Class A-3 Certificates; provided, however, such amount will be reduced by the Class A-3 Certificates' pro rata share of any Civil Relief Interest Shortfalls relating to Home Equity Loans in the Fixed Rate Group.
Class A-3 Current Interest. With respect to the Class A-3 Notes for any Payment Date, the interest accrued during the related Accrual Period at the Class A-3 Note Rate applicable to such Payment Date on the Class A-3 Note Principal Balance as of such Payment Date (and prior to making any distributions on such Payment Date) reduced by the sum of Civil Relief Act Interest Shortfalls and Net Pre-payment Interest Shortfalls, in each case, related to the Group 2 Mortgage Loans.
Class A-3 Current Interest. As of any Distribution Date, the interest accrued during the related Accrual Period at the Class A-3 Pass-Through Rate on the Class A-3 Certificate Principal Balance as of such Distribution Date plus the portion of any previous distributions on such Class in respect of Current Interest or a Class A-3 Interest Carry Forward Amount that is recovered as a voidable preference by a trustee in bankruptcy, less any Non-Supported Interest Shortfall allocated on such Distribution Date to the Class A-3 Certificates. For purposes of calculating interest, principal distributions on a Distribution Date will be deemed to have been made on the first day of the Accrual Period in which such Distribution Date occurs.
Class A-3 Current Interest. With respect to any Distribution Date, the amount of interest accrued on the Class A-3 Certificate Principal Balance immediately prior to such Distribution Date during the related Accrual Period at the Class A-3 Pass-Through Rate (net of Net Prepayment Interest Shortfalls and the interest portion of reductions due to the Relief Act) plus the Preference Amount owed to the Owners of the Class A-3 Certificates as it relates to interest previously paid on the Class A-3 Certificates plus the portion of the Carry Forward Amount, if any, with respect to the Class A-3 Certificates relating to interest (net of Net Prepayment Interest Shortfalls and the interest portion of reductions due to the Relief Act).
Class A-3 Current Interest. The aggregate amount of interest accrued on the Class A-3 Certificate Principal Balance immediately prior to such Distribution Date during the related Accrual Period at the Class A-3 Pass-Through Rate (based on a 360-day year consisting of twelve 30-day months).
Class A-3 Current Interest. As of any Distribution Date, the interest accrued during the related Accrual Period at the Class A-3 Pass-Through Rate on the Class A-3 Certificate Principal Balance as of the first day of such Accrual Period (after giving effect to all distributions of principal made or deemed to be made as of such first day) plus the Current Interest and Interest Carryforward Amount portions of any previous distributions on such Class that are recovered as a voidable preference by a trustee in bankruptcy, less any Non-Supported Interest Shortfall allocated on such Distribution Date to the Class A-3 Certificates. For purposes of calculating interest, principal distributions on a Distribution Date will be deemed to have been made on the first day of the Accrual Period in which such Distribution Date occurs.