Note Principal Carryover Shortfall definition

Note Principal Carryover Shortfall means, with respect to any Payment Date, the excess, if any, of the sum of the Note Monthly Principal Distributable Amount plus any outstanding Note Principal Carryover Shortfall for the preceding Payment Date, over the amount in respect of principal that is actually paid as principal on the Notes on such Payment Date.
Sample 1Sample 2Sample 3
Note Principal Carryover Shortfall means, as of the close of any Distribution Date, the excess of the Note Principal Distributable Amount with respect to such Distribution Date over the amount in respect of principal that is actually deposited in the Note Distribution Account on such Distribution Date.
Sample 1Sample 2Sample 3
Note Principal Carryover Shortfall means, as of the close of business on any Distribution Date, the excess of the Note Principal Distributable Amount for such Distribution Date over the amount in respect of principal that is actually deposited in the Note Distribution Account on such Distribution Date.
Sample 1Sample 2Sample 3

Examples of Note Principal Carryover Shortfall in a sentence

  • Accounting and Reports to the Certificateholder, the Internal Revenue Service and Others ..................................................17 Section 5.06.

  • Class A-1 Class A-2 Class B Total Original Note Balance $ $ $ $ Note balance at beginning of Due Period Principal Distributable Amount Amounts otherwise distributable to Class B that have been distributed to Class A Mandatory Redemption Amount Note Principal Carryover Shortfall Total principal paid Note balance at end of Due Period Note factor at begininning of Due Period Note factor at end of Due Period III.


More Definitions of Note Principal Carryover Shortfall

Note Principal Carryover Shortfall means the Class A Note Principal Carryover Shortfall and the Class B Note Principal Carryover Shortfall.
Sample 1Sample 2Sample 3
Note Principal Carryover Shortfall means, as of the close of any Distribution Date, the excess of the Note Principal Distributable Amount for such Distribution Date over the amount in respect of principal that is actually deposited in the Note Distribution Account on such Distribution Date.
Sample 1Sample 2Sample 3
Note Principal Carryover Shortfall means, with respect to any Distribution Date, the excess of the Note Principal Distributable Amount with respect to the immediately preceding Distribution Date over the amount in respect of principal that is actually deposited in the Note Distribution Account on such preceding Distribution Date.
Sample 1Sample 2Sample 3
Note Principal Carryover Shortfall means, with respect to any Payment Date, the excess, if any, of the sum of the Note Monthly Principal Distributable Amount and any outstanding Note Principal Carryover Shortfall as of the close of the immediately preceding Payment Date, over the amount in respect of principal that is actually paid as principal of the Notes on such Payment Date.
Sample 1
Note Principal Carryover Shortfall means, as of the close of any Distribution Date, the excess of the sum of the Note Principal Distributable Amount and any outstanding Note Principal
Sample 1
Note Principal Carryover Shortfall. $__________ change from immediately preceding Payment Date Class A-1 Notes: ($ per $1,000 original principal amount) Class A-2 Notes: ($ per $1,000 original principal amount) Class A-3 Notes: ($ per $1,000 original principal amount) Class A-4 Notes: ($ per $1,000 original principal amount) NOTE INTEREST CARRYOVER SHORTFALL $__________ change from immediately preceding Payment Date $__________ Class A-1 Notes: ($ per $1,000 original principal amount) Class A-2 Notes: ($ per $1,000 original principal amount) Class A-3 Notes: ($ per $1,000 original principal amount) Class A-4 Notes: ($ per $1,000 original principal amount) AVAILABLE AMOUNT $__________ Available Interest $__________ Available Principal $__________ CERTIFICATE INTEREST DISTRIBUTABLE AMOUNT $__________ ($_______ per 1,000 original principal amount) CERTIFICATE PRINCIPAL DISTRIBUTABLE AMOUNT $__________ ($_______ per 1,000 original principal amount) NOTE DISTRIBUTABLE AMOUNT $__________ CERTIFICATE DISTRIBUTABLE AMOUNT $__________ CERTIFICATE PRINCIPAL CARRYOVER SHORTFALL $__________ change from immediately preceding Payment Date $__________ CERTIFICATE INTEREST CARRYOVER SHORTFALL $__________ change from immediately preceding Payment Date $__________ POOL BALANCE $__________
Sample 1

Related to Note Principal Carryover Shortfall

  • Certificate Principal Carryover Shortfall means, with respect to any Payment Date, the excess, if any, of (x) the sum of (i) the Certificate Monthly Principal Distributable Amount and (ii) any outstanding Certificate Principal Carryover Shortfall for the preceding Payment Date, over (y) the amount in respect of principal that is actually paid as principal on the Certificates on such Payment Date.

  • Note Interest Carryover Shortfall means, with respect to any Payment Date and a Class of Notes, the excess, if any, of (x) the sum of (i) the Note Monthly Interest Distributable Amount for such Class for the preceding Payment Date and (ii) any outstanding Note Interest Carryover Shortfall for such Class on such preceding Payment Date, over (y) the amount of interest that is actually paid on the Notes on such preceding Payment Date, plus, to the extent permitted by law, interest on the Note Interest Carryover Shortfall at the related Interest Rate for the related Interest Accrual Period.

  • Certificate Interest Carryover Shortfall means, with respect to any Payment Date, the excess, if any, of (x) the sum of (i) the Certificate Monthly Interest Distributable Amount and (ii) any outstanding Certificate Interest Carryover Shortfall for the preceding Payment Date, over (y) the amount in respect of interest on the Certificates that is actually paid as interest on the Certificates on such Payment Date, plus, to the extent permitted by applicable law, interest on the Certificate Interest Carryover Shortfall at the Certificate Rate for the Interest Accrual Period.