Class A-3 Certificate Principal Balance definition

Class A-3 Certificate Principal Balance. As of any time of determination, the Certificate Principal Balance as of the Start-up Day of all Class A-3 Certificates less any amounts actually distributed with respect to the Class A-3 Distribution Amount pursuant to Section 7.03(c)(iii)(D) hereof with respect to principal thereon on all prior Distribution Dates (except, for purposes of effecting the Certificate Insurer's subrogation rights, that portion of Insured Payments made in respect of principal).
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Class A-3 Certificate Principal Balance. As of any date of determination, the aggregate Certificate Principal Balance of the Class A-3 Certificates.
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Class A-3 Certificate Principal Balance. As of any time of determination, the Original Certificate Principal Balance of the Class A-3 Certificates less any amounts actually distributed with respect to principal thereon on all prior Distribution Dates.
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Examples of Class A-3 Certificate Principal Balance in a sentence

  • The Percentage Interest of each Class A-3 Certificate as of any date of determination will be equal to the percentage obtained by dividing the original Certificate Principal Balance of such Class A-3 Certificate on the Startup Day by the aggregate Class A-3 Certificate Principal Balance on the Startup Day.

  • Distributions will be made in immediately available funds to Owners of Certificates having an aggregate original Class A-3 Certificate Principal Balance of at least $1,000,000 (by wire transfer or otherwise) to the account of an Owner at a domestic bank or other entity having appropriate facilities therefor, if such Owner has so notified the Trustee, or by check mailed to the address of the person entitled thereto as it appears on the Register.

  • The Owner hereof is entitled to principal payments on each Payment Date, as hereinafter described, which will fully amortize such original Class A-3 Certificate Principal Balance over the period from the date of initial issuance of the Certificates to the final Payment Date for the Class A-3 Certificates.

  • The Owner hereof is entitled to principal payments on each Distribution Date, as hereinafter described, which will fully amortize such original Class A-3 Certificate Principal Balance over the period from the date of initial issuance of the Certificates to the final Distribution Date for the Class A-3 Certificates.

  • This certifies that CEDE & Co. is the registered owner of the Percentage Interest evidenced by this Class A-3 Certificate (obtained by dividing the Denomination of this Class A-3 Certificate by the Class A-3 Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Financial Asset Securities Corp.

  • Accordingly, the Class A-3 Certificate Principal Balance of this Class A-3 Certificate at any time may be less than the Initial Class A-3 Certificate Principal Balance set forth on the face hereof, as described herein.

  • The initial Subsidiary REMIC balance of Subsidiary REMIC Regular Interest 3 will be equal to the initial Class A-3 Certificate Principal Balance.

  • Certificate No. : 1 Cut-Off Date : October 31, 2005 First Distribution Date : December 15, 2005 Initial Class A-3 Certificate Principal Balance of this Certificate (“Denomination”) : $42,250,000.00 Initial Class A-3 Principal Balance : $42,250,000.00 Certificate Interest Rate : Variable CUSIP : 43718R AD 5 Class : A-3 Principal in respect of this Certificate is distributable monthly as set forth herein.

  • Therefore, the actual Outstanding principal amount of this Certificate may, on any date subsequent to September 27, 1999 (the first Distribution Date) be less than the Original Class A-3 Certificate Principal Balance set forth above.


More Definitions of Class A-3 Certificate Principal Balance

Class A-3 Certificate Principal Balance. As of any time of determination, the Certificate Principal Balance as of the Startup Day of all Class A-3 Certificates less the aggregate of all amounts actually distributed thereon with respect to the Class A Principal Distribution Amount pursuant to Section 7.03(b)(iv) hereof on all prior Payment Dates, provided, however, that solely for the purposes of determining the Certificate Insurer's rights, as subrogee, the Class A-3 Certificate Principal Balance shall not be reduced by any principal amounts paid to the Owners thereof from Insured Payments.
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Class A-3 Certificate Principal Balance. The Class Certificate Balance for the Class A-3 Certificates.
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Class A-3 Certificate Principal Balance. As to any Distribution Date, the Certificate Principal Balance for the Class A-3 Certificates.
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Class A-3 Certificate Principal Balance. As to any Distribution Date, the Original Class A-3 Certificate Principal Balance less all amounts distributed to Holders of Class A-3 Certificates on previous Distribution Dates on account of Class A Monthly Principal, any Excess Cash Distribution and any payments made by the Certificate Insurer in respect of principal on the Class A Certificates under the Certificate Insurance Policy in each case to the extent allocable to Class A-3 Certificateholders and applied in reduction of the Class A-3 Certificate Principal Balance.
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Class A-3 Certificate Principal Balance. As of any time of determination, the Original Certificate Principal Balance of the Class A-3 Certificates less (i) any amounts actually distributed as part of the Class A-3 Distribution Amount pursuant to Section 7.5(b)(i) hereof with respect to principal thereon on all prior Distribution Dates and (ii) the amount of any Allocable Losses allocated as a reduction of the Class A-3 Certificate Principal Balance on such Distribution Date pursuant to Section 7.10 hereof. The Class A-3 Certificate Principal Balance shall in no event be less than zero.
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Class A-3 Certificate Principal Balance. As of any time of determination, the Certificate Principal Balance as of the Startup Day of all Class A-3 Certificates less any amounts
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Related to Class A-3 Certificate Principal Balance

  • Class A-1 Certificate Principal Balance As of any date of determination, the aggregate Certificate Principal Balance of the Class A-1 Certificates.

  • 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.

  • Class M-1 Certificate Principal Balance As of any date of determination, the aggregate Certificate Principal Balance of the Class M-1 Certificates.

  • Class M-2 Certificate Principal Balance As of any date of determination, the aggregate Certificate Principal Balance of the Class M-2 Certificates.

  • Certificate Principal Balance With respect to each Certificate (other than any Interest Only Certificate), on any date of determination, an amount equal to: