Senior Interest Distribution Amount definition

Senior Interest Distribution Amount. With respect to any Distribution Date, an amount equal to the sum of (i) the Interest Distribution Amount for such Distribution Date for the Class A Certificates and (ii) the Interest Carry Forward Amount, if any, for such Distribution Date for the Class A Certificates.
Senior Interest Distribution Amount. With respect to each Distribution Date, the aggregate amount of the Monthly Interest Distributable Amount to be distributed to the Holders of the Senior Certificates for such Distribution Date.
Senior Interest Distribution Amount. As defined in Section 4.02(a)(i).

Examples of Senior Interest Distribution Amount in a sentence

  • On each distribution date, each class of senior certiÑcates will be entitled to receive the applicable Senior Interest Distribution Amount and each class of mezzanine certiÑcates will be entitled to receive the applicable portion of the Non-Senior Interest Distribution Amount.

  • For a description of the Senior Interest Distribution Amount payable to each class of senior certiÑcates and the applicable portion of the Non-Senior Interest Distribution Amount payable to each class of mezzanine certiÑcates, see ""Description of the Senior and Mezzanine CertiÑcatesÌInterest Payments on the Senior and Mezzanine CertiÑ- catesÌInterest Calculation'' and ""ÌCertain DeÑnitions Relating to Interest Payments on the CertiÑcates'' in this prospectus.

  • For a description of the Senior Interest Distribution Amount payable to each class of senior certificates and the applicable portion of the Non-Senior Interest Distribution Amount payable to each class of mezzanine certificates, see ‘‘Description of the Senior and Mezzanine Certificates—Interest Payments on the Senior and Mezzanine Certifi- cates—Interest Calculation'' and ‘‘—Certain Definitions Relating to Interest Payments on the Certificates'' in this prospectus.

  • On each distribution date, each class of senior certificates will be entitled to receive the applicable Senior Interest Distribution Amount and each class of mezzanine certificates will be entitled to receive the applicable portion of the Non-Senior Interest Distribution Amount.


More Definitions of Senior Interest Distribution Amount

Senior Interest Distribution Amount. With respect to any Distribution Date and any Class of Senior Certificates will be equal to the Interest Distribution Amount for such Distribution Date for such Class and the Interest Carry Forward Amount, if any, for such Distribution Date for such Class.
Senior Interest Distribution Amount. For each Class of Senior Certificates and any Distribution Date, the interest accrued during the related Interest Accrual Period on the related Class Principal Balance of that Class immediately prior to the Distribution Date at the Pass-Through Rate for that Class reduced (to an amount not less than zero), in the case of such Class, by the allocable share, if any, for that Class of Prepayment Interest Shortfalls to the extent not covered by Compensating Interest paid by the Master Servicer or the Servicers and Relief Act Interest Shortfalls, together with the Interest Carry Forward Amount, if any, for such Distribution Date for such Class of Senior Certificates and in the case of the first Distribution Date, the amount deposited in respect of interest on the Class A-R Certificates.
Senior Interest Distribution Amount. With respect to any Distribution Date, the aggregate amount of Accrued Certificate Interest to be distributed to the Holders of the Senior Certificates for that Distribution Date, including the Accrual Distribution Amounts.
Senior Interest Distribution Amount. With respect to any Distribution Date and Loan Group, the amount of Accrued Certificate Interest required to be distributed from the related Available Distribution Amount to the Holders of the related Senior Certificates for that Distribution Date, including, with respect to the Certificate Group relating to Loan Group I, the Aggregate Accrual Distribution Amount. Senior Percentage: The Class I-A Percentage or Class II-A Percentage, as applicable.
Senior Interest Distribution Amount. Not Applicable.
Senior Interest Distribution Amount. With respect to any Distribution Date and any Loan Group, an amount equal to the aggregate of the Interest Distribution Amounts for that Distribution Date for the related Super Senior Certificates, the related Senior Support Component or the related Senior Support Certificates, as applicable and related Senior Interest Only Certificates or the related Senior Interest Only Component, as applicable and, in the case of the first Distribution Date, for the Residual Certificates, if applicable.
Senior Interest Distribution Amount. For any Distribution Date, the amount to be distributed to the holders of the Senior Certificates in the priority set forth under Section 4.01 herein and to the extent of the portion of the Available Distribution Amount remaining after the aggregate amount of Accrued Certificate Interest to be distributed to such holders for such Distribution Date has been distributed.