Aggregate Certificate Principal Amount definition

Aggregate Certificate Principal Amount. The aggregate of the Certificate Principal Balances of all Certificates as of the date of determination.
Aggregate Certificate Principal Amount. The aggregate of the Certificate Principal Balances of all Certificates as of the date of determination. Agreement: The Sale and Servicing Agreement by and between ▇▇▇▇▇▇ ▇▇▇, as Purchaser, and GE Capital Mortgage Services, Inc., as Seller and Servicer.

Examples of Aggregate Certificate Principal Amount in a sentence

  • Evidencing a beneficial interest in a pool of residential mortgage loans and any other assets established by Initial Aggregate Certificate Principal Amount of the Class [___] Certificates: $[___] Certificate Interest Rate: Variable Final Scheduled Distribution Date: [___] NUMBER 1 Initial Certificate Principal Amount of this Certificate: $[___] Cut-off Date: [___] CUSIP: [___] THIS CERTIFIES THAT CEDE & CO.

  • For each period during which there is more than one Holder, all items of income, gain, loss, deduction and credit shall be allocated among the Holders in proportion to the Aggregate Certificate Principal Amount of the Certificates held by a particular Holder as a percentage of the Aggregate Certificate Principal Amount of all Outstanding Certificates.

  • Upon the retirement of all of the Bonds, the holders of the Class [P] Certificates will receive payments in respect of principal on each Payment Date, subsequent to the payments in respect of interest on the Class [P] and Class [XS] Certificates as described in the previous paragraph, up to (subject to available funds) an amount equal to the Aggregate Certificate Principal Amount of the Class [P] Certificates immediately prior to such Payment Date.

  • The Certificates shall be issued in minimum denominations of $5,000,000 and integral multiples of $500,000 in excess thereof; provided, that one Certificate (each such Certificate, the "Odd Lot Certificate") may be issued in a different amount, greater than the minimum denomination, so that the sum of the denominations of all outstanding Certificates shall equal the Initial Aggregate Certificate Principal Amount on the Closing Date.

Related to Aggregate Certificate Principal Amount

  • Aggregate Certificate Principal Balance At any given time, the sum of the then current Class Principal Balances of the Certificates.

  • Certificate Principal Amount With respect to any Class of Sequential Pay Certificates or Class PEZ Regular Interest, (a) as of any date of determination on or prior to the first Distribution Date, an amount (adjusted in the case of any Class of Class A-S, Class B and Class C Certificates to take into account any Certificate exchanges pursuant to Section 5.12 of this Agreement from and including the Closing Date up to and including such date of determination) equal to the aggregate initial Certificate Principal Amount of such Class of Sequential Pay Certificates or such Class PEZ Regular Interest, as specified in the Preliminary Statement hereto, and (b) as of any date of determination after the first Distribution Date, an amount (adjusted in the case of any Class of Class A-S, Class B and Class C Certificates to take into account any Certificate exchanges pursuant to Section 5.12 of this Agreement after the Distribution Date immediately prior to such date of determination up to and including such date of determination) equal to the Certificate Principal Amount of such Class of Sequential Pay Certificates or such Class PEZ Regular Interest on the Distribution Date immediately prior to such date of determination, after any actual distributions of principal thereon and allocations of Realized Losses thereto on such prior Distribution Date, and after any increases to such Certificate Principal Amount on such prior Distribution Date (as and to the extent provided in the penultimate sentence of the first paragraph of Section 4.01(f) of this Agreement) in connection with recoveries of Nonrecoverable Advances previously reimbursed out of collections of principal on the Mortgage Loans. The Certificate Principal Amount of the Class PEZ Component A-S shall at all times equal the Class A-S-PEZ Percentage Interest of the Certificate Principal Amount of the Class A-S Regular Interest. The Certificate Principal Amount of the Class PEZ Component B shall at all times equal the Class B-PEZ Percentage Interest of the Certificate Principal Amount of the Class B Regular Interest. The Certificate Principal Amount of the Class PEZ Component C shall at all times equal the Class C-PEZ Percentage Interest of the Certificate Principal Amount of the Class C Regular Interest. The Certificate Principal Amount of the Class PEZ Certificates shall at all times equal the aggregate Certificate Principal Amount of the Class PEZ Components.

  • Aggregate Principal Amount means, as of any date of calculation, the principal amount or Accreted Value of the Bonds referred to.

  • Aggregate Certificate Balance when used with respect to Certificates, means, at any time of determination, the aggregate of the Certificate Balances of any two or more Principal Balance Certificates or of all the Certificates of any particular Class or Classes of Principal Balance Certificates, or, when used with respect to an E▇ ▇▇▇▇▇ III Regular Interest, shall have the same meaning as “Certificate Balance”, or, when used with respect to a Class PST Component, shall mean the Class A-S-PST Percentage Interest of the Certificate Balance of the Class A-S REMIC III Regular Interest, the Class B-PST Percentage Interest of the Certificate Balance of the Class B REMIC III Regular Interest or the Class C-PST Percentage Interest of the Certificate Balance of the Class C REMIC III Regular Interest, as applicable.

  • Class A Certificate Principal Balance As of any date of determination, the sum of the Class A-1 Certificate Principal Balance, the Class A-2A Certificate Principal Balance, the Class A-2B Certificate Principal Balance, the Class A-2C Certificate Principal Balance, the Class A-2D Certificate Principal Balance and the Class R Certificate Principal Balance.