Unscheduled Principal Amount. The sum for each outstanding Mortgage Loan (including each defaulted Mortgage Loan with respect to which the related Mortgaged Property has been acquired by the Trust Estate) of the product of (A) the Non-PO Fraction for such Mortgage Loan and (B) the sum of the amounts described in clauses Iy(ii) and Iy(iii) of the definition of Class A Non-PO Optimal Principal Amount, but without such amount being multiplied by the Class A Prepayment Percentage.
Unscheduled Principal Amount. With respect to each Collateral Group and any Distribution Date, an amount equal to the sum of the amounts described in clauses (ii) and (iii) of the definition of Senior Principal Distribution Amount.
Unscheduled Principal Amount. The sum for each outstanding Mortgage Loan (including each defaulted Mortgage Loan, other than a Liquidated Loan, with respect to which the related Mortgaged Property has been acquired by the Trust Estate) of the product of (A) the Non-PO Fraction for such Mortgage Loan and (B) the sum of the amounts described in clauses y(ii) and y(iii) of the definition of Class A Non-PO Optimal Principal Amount, but without such amounts being multiplied by the Class A Prepayment Percentage.
Examples of Unscheduled Principal Amount in a sentence
CAP x NUPA where: CAUPA = the Class A Unscheduled Principal Amount; CAP = the Class A Percentage on that Determination Date; and NUPA = the Net Unscheduled Principal Amount on that Determination Date.
More Definitions of Unscheduled Principal Amount
Unscheduled Principal Amount. With respect to each Distribution Date and any Mortgage Pool, the amount described in clauses (ii) and (iii) (without application of the related Senior Prepayment Percentage) of the definition of Senior Principal Distribution Amount with respect to such Mortgage Pool.
Unscheduled Principal Amount. As to any Distribution Date and Loan Group, the sum of (a) with respect to each Mortgage Loan in such Loan Group that became a Liquidated Mortgage Loan during the calendar month preceding the month of such Distribution Date, the amount of Liquidation Proceeds (excluding Excess Proceeds) allocable to principal received with respect to such Mortgage Loan during the calendar month preceding the month of such Distribution Date and (b) all Principal Prepayments on the Mortgage Loans in such Loan Group received during the calendar month preceding the month of such Distribution Date.
Unscheduled Principal Amount. As to any Distribution Date and Loan Group, the sum of the amounts described in clauses (e) and (f) of the definition of "Principal Amount."
Unscheduled Principal Amount. As to any Distribution Date, the sum ---------------------------- of the amounts described in clauses (ii)(b) and (iii) (without regard to the reference in clause (iii) to the "Senior Prepayment Percentage") of the definition of Senior Principal Distribution Amount.
Unscheduled Principal Amount. As to any Distribution Date, the applicable Non-PO Percentage of the sum of (a) with respect to each Mortgage Loan in such Loan Group that became a Liquidated Mortgage Loan during the calendar month preceding the month of such Distribution Date, the amount of Liquidation Proceeds allocable to principal received with respect to such Mortgage Loan during the calendar month preceding the month of such Distribution Date and (b) all Principal Prepayments on the Mortgage Loans in such Loan Group received during the calendar month preceding the month of such Distribution Date.
Unscheduled Principal Amount. As to any Distribution Date and Loan Group, the sum of (a) (1) the aggregate of, with respect to each Mortgage Loan in such Loan Group that became a Liquidated Mortgage Loan during the calendar month preceding the month of such Distribution Date, the amount of Liquidation Proceeds (excluding Excess Proceeds) allocable to principal received with respect to such Mortgage Loan during the calendar month preceding the month of such Distribution Date minus (2) any Capitalized Advance Amounts reimbursed to the Servicer from all Principal Prepayments with respect to such Distribution Date and such Loan Group and (b) (1) the aggregate of all Principal Prepayments on the Mortgage Loans in such Loan Group received during the calendar month preceding the month of such Distribution Date minus (2) any Capitalized Advance Amounts reimbursed to the Servicer from all Principal Prepayments with respect to such Distribution Date and such Loan Group.
Unscheduled Principal Amount. With respect to each Distribution Date and any Collateral Group (other than Collateral Groups PO1, PO2 and PO3), the amount described in clauses (ii) and (iii) (without application of the related Senior Prepayment Percentage) of the definition of Senior Principal Distribution Amount with respect to such Collateral Group.