Class A-1 Deficiency Amount definition
Class A-1 Deficiency Amount has the meaning specified in Section 2.3(g) of this Series Supplement.
Class A-1 Deficiency Amount. With respect to any Payment Date, the excess, if any, of the Required Payments related to the Class A-1 Notes over the Net Available Distribution Amount related to the Class A-1 Notes for such Payment Date.
Class A-1 Deficiency Amount shall have the meaning specified in subsection 4.6(a).
Examples of Class A-1 Deficiency Amount in a sentence
The aggregate amount, if any, of such deficiency on any Distribution Date shall be referred to as the "Deficiency Amount" and the portion thereof allocable to each Class of Series 1999-1 Notes shall be referred to as the "Class A-1 Deficiency Amount", the "Class A-2 Deficiency Amount" and the "Class A-3 Deficiency Amount", respectively.
More Definitions of Class A-1 Deficiency Amount
Class A-1 Deficiency Amount for any Distribution Date shall be equal to the excess, if any, of the aggregate amount accrued pursuant to this subsection 4.6(a) for all Interest Periods prior to the immediately preceding Interest Period, over the amount actually paid to Class A-1 Certificateholders in respect of such amounts on all prior Distribution Dates.
Class A-1 Deficiency Amount means, with respect to any Distribution Date, the amount by which the Class A Monthly Interest payable in respect of the Class A-1 Notes exceeds the amount available to pay such interest on such Distribution Date.
Class A-1 Deficiency Amount. The related "Deficiency Amount" as defined in the Policy.
Class A-1 Deficiency Amount is defined in Section 4.1(a)(i).