CLASS A INTEREST FORMULA DISTRIBUTION AMOUNT definition

CLASS A INTEREST FORMULA DISTRIBUTION AMOUNT. As to any Distribution -------------------------------------------- Date, an amount equal to the sum of (a) interest for the related Accrual Period at the Class A Pass-Through Rate on the Class A Principal Balance as of such Distribution Date (before giving effect to the distribution on such Distribution Date), net of Net Interest Shortfall, if any, allocated to the Class A Certificates pursuant to Section 6.01 in respect of such Distribution Date, and (b) any Class A Unpaid Interest Shortfall for such Distribution Date.
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CLASS A INTEREST FORMULA DISTRIBUTION AMOUNT. As to any Distribution Date, an amount equal to the sum of (a) interest for the related Accrual Period at the Class A Pass-Through Rate on the Class A Principal Balance as of such Distribution Date (before giving effect to the distribution on such Distribution Date), net of the Net Interest Shortfall, if any, allocated to the Class A Certificates pursuant to Section 6.01 in respect of such Distribution Date, (b) any Class A Unpaid Interest Shortfall for such Distribution Date, and (c) any Basis Risk Carryover Amount allocated to the Class A Certificates pursuant to Section 6.04 in respect of such Distribution Date.
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CLASS A INTEREST FORMULA DISTRIBUTION AMOUNT. As to any Distribution Date and either Class of Class A Certificates, an amount equal to the sum of (a) interest for the related Interest Accrual Period at the related Pass-Through Rate on the related Class Principal Balance as of such Distribution Date (before giving effect to the distribution on such Distribution Date), net of the Net Interest Shortfall, if any, allocated to such Class pursuant to Section 6.01 in respect of such Distribution Date, (b) any Class A Unpaid Interest Shortfall for such Distribution Date, and (c) any Basis Risk Shortfall Carryforward Amount allocated to such Class pursuant to Section 6.04 in respect of such Distribution Date.
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More Definitions of CLASS A INTEREST FORMULA DISTRIBUTION AMOUNT

CLASS A INTEREST FORMULA DISTRIBUTION AMOUNT means the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-6 or Class A-7 Interest Formula Distribution Amount, as applicable.
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Related to CLASS A INTEREST FORMULA DISTRIBUTION AMOUNT

  • 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.

  • 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.

  • Class A-P Principal Distribution Amount As defined in Section 4.02.

  • Class A Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the aggregate Class Certificate Balances of the Class A Certificates immediately prior to such Distribution Date over (ii) the lesser of (A) 54.50% of the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date and (B) the excess, if any, of the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date over $3,608,680.

  • Current Class A Interest Distribution Amount As to any Distribution Date, the amount distributed in respect of the Classes of Class A Certificates pursuant to Paragraph first of Section 4.01(a) on such Distribution Date.