Class A Controlled Amortization Amount definition
Class A Controlled Amortization Amount means, (i) with respect to any Related Month during the Series 2023-4 Controlled Amortization Period other than the Related Month immediately preceding the Series 2023-4 Expected Final Distribution Date, $71,958,333.33 and (ii) with respect to the Related Month immediately preceding the Series 2023-4 Expected Final Distribution Date, $71,958,333.35.
Class A Controlled Amortization Amount means, with respect to any Related Month during the Series 2023-3 Controlled Amortization Period, $58,875,000.
Class A Controlled Amortization Amount means $22,500,000.
Examples of Class A Controlled Amortization Amount in a sentence
On each Distribution Date during the Class A Controlled Amortization Period, the Trustee shall withdraw, at the direction of the Servicer, the Class A Controlled Amortization Amount with respect to such Distribution Date from the Class A Principal Funding Account.
More Definitions of Class A Controlled Amortization Amount
Class A Controlled Amortization Amount means for any Transfer Date with respect to the Controlled Amortization Period, the Class A Invested Amount as of the close of business on the last day of the Revolving Period divided by twelve.
Class A Controlled Amortization Amount means, with respect to any Related Month during the Series 2024-2 Controlled Amortization Period, $52,800,000.00.
Class A Controlled Amortization Amount for any Due Period related to the Controlled Amortization Period shall mean $26,400,000.00; provided, however, that such amount shall be adjusted downward to reflect (i) any reduction to the Class A Investor Interest as a result of any cancellation of Class A Certificates pursuant to Section 4.16 and (ii) any principal payments to the Class A Certificateholders pursuant to subsection 4.9(h), so that such amount shall be equal to 1/8th of the outstanding principal amount of the Class A Certificates as of the last day of the Due Period prior to the commencement of the Controlled Amortization Period.
Class A Controlled Amortization Amount means, (i) with respect to any Related Month during the Series 2019-2 Controlled Amortization Period other than the Related Month immediately preceding the Series 2019-2 Expected Final Distribution Date, $89,266,666.67 and (ii) with respect to the Related Month immediately preceding the Series 2019-2 Expected Final Distribution Date, $89,266,666.65.
Class A Controlled Amortization Amount means, (i) with respect to any Related Month during the Series 2022-5 Controlled Amortization Period other than the Related Month immediately preceding the Series 2022-5 Expected Final Distribution Date, $72,350,833.33 and (ii) with respect to the Related Month immediately preceding the Series 2022-5 Expected Final Distribution Date, $72,350,833.35.
Class A Controlled Amortization Amount means, for any Distribution Date during the Controlled Amortization Period, the sum of:
Class A Controlled Amortization Amount means, with respect to -------------------------------------- any Class A Amortization Date, an amount equal to the principal balance of the Class A Certificates as of the October 2001 Distribution Date divided by the number of months comprising the Class A Amortization Period Length.