Class A-6 Accrual Distribution Amount definition

Class A-6 Accrual Distribution Amount. With respect to each Distribution Date prior to the Class A-6 Accretion Termination Date, an amount equal to the aggregate amount of Monthly Interest Distributable Amount on the Class A-6 Certificates, for such date, to the extent added to the Certificate Principal Balance thereof pursuant to Section 4.01(j); provided that, with respect to each Distribution Date on or after the Class A-6 Accretion Termination Date, the Monthly Interest Distributable Amount on the Class A-6 Certificates for such date remaining after reduction of the aggregate Certificate Principal Balance of the Class A-1, Class A-2, Class A-3, Class A-4 and Class A-5 Certificates to zero on the Class A-6 Accretion Termination Date will be payable to the Class A-6 Certificateholders pursuant to Section 4.01(c)(i) hereof; and provided further, that if the Class A-6 Accretion Termination Date is the Credit Support Depletion Date, the entire Class A-6 Accrual Distribution Amount for that date will be payable to the Class A-6 Certificateholders pursuant to Section 4.01(c)(i) hereof.
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Class A-6 Accrual Distribution Amount. With respect to each Distribution Date prior to the Class A-6 Accretion Termination Date, an amount equal to the aggregate amount of Accrued Certificate Interest on the Class A-6 Certificates for such date, to the extent added to the Certificate Principal Balance thereof pursuant to Section 4.02(g); provided that, with respect to each Distribution Date on or after the Class A-6 Accretion Termination Date, the Accrued Certificate Interest on the Class A-6 Certificates for such date remaining after reduction of the Certificate Principal Balance of the Class A-4 Certificates to zero will be payable to the Class A-6 Certificateholders pursuant to Section 4.02(a)(i) hereof on the Class A-6 Accretion Termination Date; and provided further, that if the Class A-6 Accretion Termination Date is the Credit Support Depletion Date, the entire amount of Accrued Certificate Interest for that date will be payable to the Class A-6 Certificateholders pursuant to Section 4.02(a)(i) hereof.
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Class A-6 Accrual Distribution Amount. With respect to each Distribution Date prior to the Class A-6 Accretion Termination Date, an amount equal to the aggregate amount of Accrued Certificate Interest on the Class A-6 Certificates for such Distribution Date, to the extent added to the Current Principal Amount of the Class A-6 Certificates pursuant to Section 6.01(p); provided that, with respect to each Distribution Date on and after the Class A-6 Accretion Termination Date, the Accrued Certificate Interest on the Class A-6 Certificates for such Distribution Date remaining after reduction of the Current Principal Amounts of the Class A-5 Certificates to zero will be payable to the Class A-6 Certificates as interest pursuant to Section 6.01(a)(i) hereof on the Class A-6 Accretion Termination Date; and provided further, that if the Class A-6 Accretion Termination Date is the Cross-over Date, the entire amount of Accrued Certificate Interest on the Class A-6 Certificates will be payable as interest to the Holders of the Class A-6 Certificates pursuant to Section 6.01(a)(i) hereof
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Examples of Class A-6 Accrual Distribution Amount in a sentence

  • Any distributions of the Accrual Distribution Amount for any Class of Accrual Certificates to the related Accretion Directed Certificates (and, with respect to distributions of the Class A-6 Accrual Distribution Amount, the Class A-6 Certificates) will reduce the Certificate Principal Balance of each such Class by such amount.

  • On each Distribution Date occurring prior to the Class A-6 Accretion Termination Date, an amount equal to the Class A-6 Accrual Distribution Amount, if any, for such Distribution Date will be allocated sequentially in reduction of the Class A Subclass Principal Balances of the Class A-3, Class A-7, Class A-5 and Class A-6 Certificates, in that order, until the Class A Subclass Principal Balance of each such Subclass has been reduced to zero.


More Definitions of Class A-6 Accrual Distribution Amount

Class A-6 Accrual Distribution Amount. On any Distribution Date, the current interest accrued but not distributed on the Class A-6 Certificates on such Distribution Date in accordance with sub-section 3.04(a)(i).
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Class A-6 Accrual Distribution Amount. For any Distribution Date and the Class A-6 Certificates prior to the Accretion Termination Date, an amount with respect to such Class equal to the sum of (i) the amount allocated but not currently distributable as interest to such Class pursuant to Section 5.02(a)(i) that is attributable to clause (i) of the definition of "Interest Distribution Amount," and (ii) the amount allocated but not currently distributable as interest to such Class pursuant to Section 5.02(a)(i) that is attributable to clause (ii) of the definition of "Interest Distribution Amount."
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Class A-6 Accrual Distribution Amount. With respect to any Distribution Date on or prior to the Class A-6 Accretion Termination Date, an amount equal to the amount of the Accrued Certificate Interest on the Class A-6 Certificates that is added to the Certificate Principal Balance thereof on such Distribution Date pursuant to Section 4.02(i).
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Class A-6 Accrual Distribution Amount. As to any Distribution Date prior to the Class A-6 Accretion Termination Date, an amount equal to the sum of (i) the Class A Subclass Interest Percentage of the Class A-6 Certificates of the Current Class A Interest Distribution Amount and (ii) the Class A Subclass Interest Shortfall Percentage of the Class A-6 Certificates of the amount distributed in respect of the Class A Subclasses pursuant to Paragraph second of Section 4.01(a) on such Distribution Date. As to any Distribution Date on or after the Class A-6 Accretion Termination Date, zero.
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Class A-6 Accrual Distribution Amount. On each Distribution Date prior to the Credit Support Depletion Date, an amount equal to the aggregate amount of Accrued Certificate Interest on the Class A-6 Certificates for such date, which will be added to the Certificate Principal Balance of the Class A-6 Certificates; provided that on each Distribution Date on or after the Credit Support Depletion Date, the entire amount of Accrued Certificate Interest on the Class A-6 Certificates for that date will be payable to the holders of the Class A-6 Certificates pursuant to Section 4.02(a)(ii) hereof.
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Related to Class A-6 Accrual Distribution Amount

  • Accrual Distribution Amount With respect to any Distribution Date on or prior to the Accretion Termination Date, an amount equal to the amount of Accrued Certificate Interest on the Accrual Certificates that is added to the Certificate Principal Balance thereof on such Distribution Date pursuant to Section 4.02(h).

  • Class B-4 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-4 Certificates pursuant to Paragraphs fourteenth, fifteenth, and sixteenth of Section 4.01(a).

  • Class B-5 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-5 Certificates pursuant to Paragraphs seventeenth, eighteenth, and nineteenth of Section 4.01(a).

  • Class B-3 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-3 Certificates pursuant to Paragraphs eleventh, twelfth and thirteenth of Section 4.01(a).

  • Class B-3 Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the sum of (A) the aggregate Class Certificate Balance of the Class A Certificates (after taking into account the distribution of the Class A Principal Distribution Amount on such Distribution Date), (B) the Class Certificate Balance of the Class M-1 Certificates (after taking into account the distribution of the Class M-1 Principal Distribution Amount on such Distribution Date), (C) the Class Certificate Balance of the Class M-2 Certificates (after taking into account the distribution of the Class M-2 Principal Distribution Amount on such Distribution Date), (D) the Class Certificate Balance of the Class M-3 Certificates (after taking into account the distribution of the Class M-3 Principal Distribution Amount on such Distribution Date), (E) the Class Certificate Balance of the Class M-4 Certificates (after taking into account the distribution of the Class M-4 Principal Distribution Amount on such Distribution Date), (F) the Class Certificate Balance of the Class M-5 Certificates (after taking into account the distribution of the Class M-5 Principal Distribution Amount on such Distribution Date), (G) the Class Certificate Balance of the Class M-6 Certificates (after taking into account the distribution of the Class M-6 Principal Distribution Amount on such Distribution Date), (H) the Class Certificate Balance of the Class B-1 Certificates (after taking into account the distribution of the Class B-1 Principal Distribution Amount on such Distribution Date), (I) the Class Certificate Balance of the Class B-2 Certificates (after taking into account the distribution of the Class B-2 Principal Distribution Amount on such Distribution Date) and (J) the Class Certificate Balance of the Class B-3 Certificates immediately prior to that Distribution Date over (ii) the lesser of (A) the product of 99.00% and (y) the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date and (B) the excess, if any, of the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date over the Overcollateralization Floor.