Class A Interest Distribution Amount definition

Class A Interest Distribution Amount means, as to each Class of Class A Certificates and any Remittance Date, the sum of the amounts specified in clause (a)(i), (a)(ii), (a)(iii), (a)(iv), (a)(v) and (a)(vi), as appropriate, of the definition of the term "Class A Formula Distribution Amount" and the Unpaid Class A Interest Shortfall, if any, with respect to such Class.
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Class A Interest Distribution Amount. With respect to each Class of Class A Certificates and any Distribution Date, the aggregate amount of Accrued Certificate Interest to be distributed to the holders of such Class of Class A Certificates for such Distribution Date, plus any related Accrued Certificate Interest thereon remaining unpaid from any prior Distribution Date.
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Class A Interest Distribution Amount. On each Payment Date, the amount due to Holders of the Class A Notes on account of interest equal to the product of (i) the Aggregate Outstanding Amount of the Class A Notes on the first day of the related Interest Accrual Period, (ii) the actual number of days in such Interest Accrual Period divided by 360 and (iii) the Class A Rate.
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Examples of Class A Interest Distribution Amount in a sentence

  • The determination of the Class A Rate, Class B Rate and Class C Rate and the related Class A Interest Distribution Amount, Class B Interest Distribution Amount and Class C Interest Distribution Amount, respectively, by the Calculation Agent shall, absent manifest error, be final and binding on all parties.

  • The determination of the Class A Rate and Class B Rate and the related Class A Interest Distribution Amount and Class B Interest Distribution Amount, respectively, by the Calculation Agent shall, absent manifest error, be final and binding on all parties.

  • I-23 Current Class A Interest Distribution Amount.......................................................

  • Prepayment Interest Shortfalls resulting from a Principal Prepayment of a Mortgage Loan during any Prepayment Period and Relief Act Shortfalls will be applied first, to reduce the Class A Interest Distribution Amount payable on the related Distribution Date as set forth in the definition of the Class A Interest Distribution Amount and second, to reduce the Class S Interest Distribution Amount payable on the related Distribution Date, in respect of such Mortgage Loan.

  • The Group II Class A Interest Distribution Amount shall be distributed first, to the Group II Fixed Strip Component, in an amount equal to the related Group II Class A Interest Distribution Amount payable thereon, and second, to the remaining Group II Class A Certificates on a pro rata basis in proportion to the related Group II Class A Interest Distribution Amount payable thereon.


More Definitions of Class A Interest Distribution Amount

Class A Interest Distribution Amount. As defined in Section 4.02(c)(i).
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Class A Interest Distribution Amount means, with respect to the Class A Advances on any date of determination, an amount equal to the sum of (i) the product of (a) the daily average outstanding principal balance of all Class A Advances during the related period (including any related Interest Accrual Period), (b) the actual number of days in such period (including any related Interest Accrual Period), divided by 360, 365 or 366, as applicable, and (c) the Class A Usage Fee Rate and (ii) any unpaid Class A Interest Distribution Amounts from prior Payment Dates plus, to the extent permitted by law, interest thereon at the Class A Usage Fee Rate for the related Interest Accrual Period. For the avoidance of doubt, the Class A Interest Distribution Amount shall not constitute “Confidential Information.”
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Class A Interest Distribution Amount. For the Senior Certificates and any Distribution Date, the sum of (x) interest accrued on the Class Principal Balance for such Distribution Date for the Senior Certificates and (y) Interest Carry Forward Amounts, if any, for such Distribution Date for the Senior Certificates.
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Class A Interest Distribution Amount. With respect to any Distribution Date and a Class A Certificate, an amount equal to the sum of (i) the Interest Distribution Amount for such Class and such Distribution Date and (ii) the Interest Carry Forward Amount for such Class and such Distribution Date.
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Class A Interest Distribution Amount. The sum of the Class A-1 Interest Distribution Amount, the Class A-2 Interest Distribution Amount, the Class A-3 Interest Distribution Amount, the Class A-4 Distribution Amount, the Class A-5 Distribution Amount and the Class ▇-▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇.
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Class A Interest Distribution Amount. With respect to any Class of the Class A Certificates for any Payment Date the sum of:
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Class A Interest Distribution Amount. With respect to each Remittance Date, the sum of (i) the interest accrued for the related Interest Accrual Period at the then applicable Class A Remittance Rate on the Aggregate Class A Certificate Principal Balance outstanding immediately prior to such Remittance Date and (ii) the amount of the shortfall, if any, of any interest that the Class A Certificates were entitled to receive on a preceding Remittance Date but did not receive plus interest thereon at the then applicable Class A Remittance Rate compounded monthly; provided, however, that on each Remittance Date the Class A Interest Distribution Amount will be increased or decreased, as the case may be, to equal the Adjusted Class A Interest Distribution Amount for such Remittance Date.
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