CLASS A-5 INTEREST FORMULA DISTRIBUTION AMOUNT definition

CLASS A-5 INTEREST FORMULA DISTRIBUTION AMOUNT. As to any Remittance Date, an amount equal to the sum of (a) interest accrued during the related Interest Period at the Class A-5 Remittance Rate on the Class A-5 Principal Balance as of such Remittance Date (before giving effect to the distribution on such Remittance Date) and (b) any Class A-5 Unpaid Interest Shortfall.
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CLASS A-5 INTEREST FORMULA DISTRIBUTION AMOUNT means, with respect to any Distribution Date, an amount equal to the sum of (i) one month's interest at the Class A-5 Pass-Through Rate on the Class A-5 Principal Balance as of the immediately preceding Distribution Date (or, in the case of the first Distribution Date, interest at the Class A-5 Pass-Through Rate for the period from the Closing Date through April 14, 1997 on the Initial Class A-5 Principal Balance) and (ii) any Class A-5 Unpaid Interest Shortfall.
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Related to CLASS A-5 INTEREST FORMULA DISTRIBUTION AMOUNT

  • Class B-5 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-5 Certificates pursuant to Paragraphs seventeenth, eighteenth, and nineteenth of Section 4.01(a).

  • Class B-4 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-4 Certificates pursuant to Paragraphs fourteenth, fifteenth, and sixteenth of Section 4.01(a).

  • Class B-6 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-6 Certificates pursuant to Paragraphs twentieth, twenty-first and twenty-second of Section 4.01(a).

  • 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.

  • REMIC I Distribution Amount For any Distribution Date, the REMIC I Available Distribution Amount shall be distributed to the REMIC I Regular Interests and the Class R-1 Residual Interest in the following amounts and priority: