Class A-6 Certificate Principal Balance definition

Class A-6 Certificate Principal Balance. As of any time of determination, the Certificate Principal Balance as of the Startup Day of all Class A-6 Certificates less any amounts actually distributed to the Owners of the Class A-6 Certificates pursuant to Section 7.03(f) hereof on all prior Payment Dates plus any Preference Amount previously distributed to the Owners of the Class A-6 Certificates with respect to principal.
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Class A-6 Certificate Principal Balance. As of any time of determination, the Original Certificate Principal Balance of the Class A-6 Certificates less any amounts actually distributed with respect to principal thereon on all prior Distribution Dates for such Class.
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Class A-6 Certificate Principal Balance. As of any time of determination, the Certificate Principal Balance as of the Startup Day of all Class A-6 Certificates less the aggregate of all amounts actually distributed with respect to the Class A-6 Distribution Amount pursuant to Section 7.03(b)(iv) hereof with respect to principal thereon on all prior Payment Dates; provided, however, that solely for the purposes of determining the Certificate Insurer's rights, as subrogee, the Class A-6 Certificate Principal Balance shall not be reduced by any principal amounts paid to the Owners thereof from Insured Payments.
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Examples of Class A-6 Certificate Principal Balance in a sentence

  • The Percentage Interest of each Class A-6 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-6 Certificate on the Startup Day by the aggregate Class A-6 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-6 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.

  • On the Class A-5 Certificate Termination Date, the lesser of (i) the excess of (x) the Principal Distribution Amount as of the Class A-5 Certificate Termination Date over (y) the Class A-5 Certificate Principal Balance on the Class A-5 Certificate Termination Date before making distributions on such date and (ii) the Class A-6 Certificate Principal Balance.

  • With respect to the Class A-6 Certificates for any Distribution Date following the Class A-5 Certificate Termination Date, the lesser of (x) the Principal Distribution Amount for such Distribution Date and (y) the Class A-6 Certificate Principal Balance as of such Distribution Date.

  • The Owner hereof is entitled to principal payments on each Payment Date, as hereinafter described, which will fully amortize such original Class A-6 Certificate Principal Balance over the period from the date of initial issuance of the Certificates to the final Payment Date for the Class A-6 Certificates.

  • Lower-Tier Interest 2 has an initial balance equal to the excess of the Group I Original Pool Balance over the Class A-6 Certificate Principal Balance.


More Definitions of Class A-6 Certificate Principal Balance

Class A-6 Certificate Principal Balance. As of any date of determination, the Certificate Principal Balance of the Class A-6 Certificates.
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Class A-6 Certificate Principal Balance. The Class Certificate Balance for the Class A-6 Certificates.
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Class A-6 Certificate Principal Balance. Principal Balance shall not be reduced by any principal amounts paid to the Owners thereof from Group I Insured Payments.
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Class A-6 Certificate Principal Balance. As to any Distribution Date, the Class A-6 Initial Certificate Principal Balance less the sum of all Principal Distribution Amounts and Extra Principal Distribution Amounts actually distributed to Holders of Class A-6 Certificates on previous Distribution Dates.
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Related to Class A-6 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.

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

  • Class Certificate Principal Balance As to any Class of Certificates, other than any Class of Notional Certificates, and as of any date of determination, the aggregate of the Certificate Principal Balances of all Certificates of such Class. The Class Certificate Principal Balance of each such Class of Certificates as of the Closing Date is specified in Section 5.01(b).