Class A Interest Remittance Amount definition

Class A Interest Remittance Amount. With respect to any Distribution Date, the portion of the Available Distribution Amount for that Distribution Date attributable to interest received or advanced with respect to the Mortgage Loans plus, with respect to payments on the Class A Certificates pursuant to Section 4.02(c)(iii)(A) only, the amount necessary to make such payments paid from amounts received on the Hedge Agreement for such Distribution Date.
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Class A Interest Remittance Amount. As to any Payment Date, the amount ---------------------------------- payable pursuant to clauses (x)(iv)(B) and (y)(iv)(B) of Section 5.1(a) hereof.
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Class A Interest Remittance Amount. Any of the Class 1A-1 Interest Remittance Amount, the Class 1A-2 Interest Remittance Amount, the Class 1A-3 Interest Remittance Amount, the Class 1A-4 Interest Remittance Amount, the Class 1A-5 Interest Remittance Amount or the Class 2A Interest Remittance Amount.
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Examples of Class A Interest Remittance Amount in a sentence

  • Class A Interest Remittance Amount.........................................


More Definitions of Class A Interest Remittance Amount

Class A Interest Remittance Amount. With respect to any Distribution Date, the sum of the Class A-1 Interest Remittance Amount, the Class A-2 Interest Remittance Amount, the Class A-3 Interest Remittance Amount and the Class A-4 Remittance Amount for such Distribution Date.
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Class A Interest Remittance Amount. Any of the Class 1A Interest Remittance Amount or the Class 2A Interest Remittance Amount.
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Class A Interest Remittance Amount. With respect to any Distribution Date, the sum of the Fixed Rate Group 1 Aggregate Interest Remittance Amount, the Fixed Rate Group 2 Interest Remittance Amount and the Class A-1A Interest Remittance Amount for such Distribution Date.
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Class A Interest Remittance Amount. For any Payment Date, the aggregate interest accrued during the related Accrual Period at the Class A-1 Pass-Through Rate, Class A-2 Pass-Through Rate, Class A-3 Pass-Through Rate, Class A-4 Pass-Through Rate, Class A-5 Pass-Through Rate, Class A-6 Pass-Through Rate, Class A-7 Pass-Through Rate, Class A-8 Pass Through Rate and Class A-9 Pass-Through Rate on the principal balance of the related Class A Certificates outstanding during such Accrual Period (after giving effect to payments of principal made on the preceding Payment Date).
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Related to Class A Interest Remittance Amount

  • Group I Interest Remittance Amount With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group I Mortgage Loans.

  • Group II Interest Remittance Amount With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group II Mortgage Loans.

  • Interest Remittance Amount For any Distribution Date and Loan Group, an amount equal to the sum of (1) all interest collected (other than related Payaheads, if applicable) or advanced in respect of Scheduled Payments on the Mortgage Loans in such Loan Group during the related Collection Period, the interest portion of Payaheads previously received and intended for application in the related Collection Period and the interest portion of all Payoffs and Curtailments received on the Mortgage Loans in such Loan Group during the related Prepayment Period (other than interest on Principal Prepayments that occur during the portion of the Prepayment Period that is in the same calendar month as the related Distribution Date), less (x) the Servicing Fees (other than any Excess Servicing Fee) and any lender paid Primary Insurance Policy premiums with respect to such Mortgage Loans and (y) unreimbursed Advances and other amounts due to a Servicer, the Back-Up Servicer or the Trustee with respect to such Mortgage Loans, to the extent allocable to interest, (2) all Compensating Interest Payments paid by a Servicer with respect to the related Mortgage Loans with respect to such Distribution Date, (3) the portion of any Substitution Adjustment Amount and Repurchase Price paid with respect to such Mortgage Loans during the calendar month immediately preceding the Distribution Date, in each case allocable to interest and the proceeds of any purchase of the Mortgage Loans by the Terminating Entity pursuant to Section 9.01 in an amount not exceeding the interest portion of the Par Value, (4) all Net Liquidation Proceeds, and any Insurance Proceeds and other recoveries (net of unreimbursed Advances, Servicing Advances and expenses, to the extent allocable to interest, and unpaid Servicing Fees) collected with respect to such Mortgage Loans during the prior calendar month, to the extent allocable to interest, (5) any amounts withdrawn from the Capitalized Interest Amount to pay interest on the related Certificates with respect to such Distribution Date and (6) the aggregate Excess Servicing Fee to be distributed to the Class A-IO-S Certificates.

  • Optimal Interest Remittance Amount For each Distribution Date, the product of (A) (x) the weighted average of the Net Mortgage Rates for the Mortgage Loans as of the first day of the related Collection Period divided by (y) 12 and (B) the Aggregate Loan Balance as of the first day of the related Collection Period (not including for this purpose Mortgage Loans for which prepayments in full have been received and distributed in the month prior to that Distribution Date).

  • Group II Principal Remittance Amount With respect to any Distribution Date, the sum of the amounts described in clauses (i) through (iii) of the definition of Group II Principal Distribution Amount.