Class A-1 Formula Distribution Amount definition

Class A-1 Formula Distribution Amount. With respect to the Class A-1 Certificates for any Distribution Date, the sum of the Class A-1 Interest Distribution Amount and the Class A-1 Principal Distribution Amount.
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Class A-1 Formula Distribution Amount means, with respect to the Class A-1 Certificates for any Remittance Date, the sum of (a) the Class A-1 Interest Distribution Amount for such Remittance Date plus (b) the amount described in clause (b) of the definition of Class A-1 Principal Distribution Amount for such Remittance Date plus (c) any Class A-1 Formula Distribution Amount remaining unpaid from any prior Remittance Date.
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Class A-1 Formula Distribution Amount. With respect to the Class A-1 Certificates for any Payment Date, the sum of (x) the Class A-1 Interest Distribution Amount for such Payment Date and (y) the Class A-1 Principal Distribution Amount for such Payment Date.
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More Definitions of Class A-1 Formula Distribution Amount

Class A-1 Formula Distribution Amount means, as to any Remittance Date, an amount equal to the sum of (a) interest (calculated in the manner specified in Section 1.03) at the Class A-1 Remittance Rate on the Class A-1 Principal Balance, (b) the aggregate Unpaid Class A-1 Interest Shortfall, if any, (c) the Class A-1 Percentage of the Formula Principal Distribution Amount and (d) any Unpaid Class A-1 Principal Shortfall; PROVIDED, HOWEVER, that the aggregate of all amounts distributed for all Remittance Dates pursuant to clauses (c) and (d) shall not exceed the sum of the Original Class A-l Principal Balance.
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Class A-1 Formula Distribution Amount means, as to any Remittance Date, an amount equal to the sum of (a) one month's interest (or, with respect to the first Remittance Date, interest from and including the Closing Date to but excluding the first Remittance Date) at (i) the Class A-1 Remittance Rate on the Class ▇-▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, (▇) the aggregate Unpaid Class A-1 Interest Shortfall, if any, (c) the Class A-1 Percentage of the Formula Principal Distribution Amount and (d) any Unpaid Class A-1 Principal Shortfall; provided, however, that the aggregate of all amounts distributed for all Remittance Dates pursuant to clauses (c) and (d) shall not exceed the Original Class A-l Principal Balance.
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Related to Class A-1 Formula Distribution Amount

  • Class A Distribution Amount As to any Distribution Date and any Class of Class A Certificates (other than the Class A-PO Certificates), the amount distributable to such Class of Class A Certificates pursuant to Paragraphs first, second and third clause (A) of Section 4.01(a). As to any Distribution Date and the Class A-PO Certificates, the amount distributable to the Class A-PO Certificates pursuant to Paragraphs third clause (B) and fourth of Section 4.01(a) on such Distribution Date.

  • Class A-1 Principal Distribution Amount With respect to any Distribution Date on or after the Stepdown Date and on which a Trigger Event is not in effect, the excess of (x) the Certificate Principal Balance of the Class A-1 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 59.20% and (ii) the aggregate Stated Principal Balance of the Group I Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Group I Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced and unscheduled collections of principal received during the related Prepayment Period) minus the product of (i) 0.50% and (ii) the aggregate principal balance of the Group I Mortgage Loans as of the Cut-off Date.

  • Class A-P Principal Distribution Amount As defined in Section 4.02.

  • Class A-2 Principal Distribution Amount With respect to any Distribution Date on or after the Stepdown Date and on which a Trigger Event is not in effect, the excess of (x) the sum of the Certificate Principal Balances of the Class A-2A, Class A-2B, Class A-2C and Class A-2D Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 59.20% and (ii) the aggregate Stated Principal Balance of the Group II Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Group II Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced and unscheduled collections of principal received during the related Prepayment Period) minus the product of (i) 0.50% and (ii) the aggregate principal balance of the Group II Mortgage Loans as of the Cut-off Date.

  • Class A Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the aggregate Class Certificate Balances of the Class A Certificates immediately prior to such Distribution Date over (ii) the lesser of (A) 54.50% of the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date and (B) the excess, if any, of the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date over $3,608,680.