Class A Non-PO Principal Distribution Amount definition
Examples of Class A Non-PO Principal Distribution Amount in a sentence
Notwithstanding the foregoing, on each Distribution Date occurring on or subsequent to the Cross-Over Date, the Class A Non-PO Principal Distribution Amount shall be distributed among the Classes of Class A Certificates (other than the Class A-PO Certificates) pro rata in accordance with their outstanding Principal Balances without regard to either the proportions or the priorities set forth in Section 4.01(b).
On each Distribution Date occurring prior to the Cross-Over Date, the Class A Non-PO Principal Distribution Amount will be allocated among and distributed in reduction of the Principal Balances of the Classes of Class A Certificates (other than the Class A-PO Certificates) in accordance with the following priorities.
On each Distribution Date occurring prior to the Cross-Over Date, the Class A Non-PO Principal Distribution Amount will be allocated among and distributed in reduction of the Class A Subclass Principal Balances of the Subclasses of Class A Certificates (other than the Class A-PO Certificates) in accordance with the following priorities.
The allocation of the Class A Non-PO Principal Distribution Amount or any Accrual Distribution Amount to a Class of Exchangeable REMIC Certificates will be made assuming no exchanges have ever occurred.
Notwithstanding the foregoing, on each Distribution Date occurring on or subsequent to the Cross-Over Date, the Class A Non-PO Principal Distribution Amount shall be distributed among the Class A Certificates (other than the Class A-PO Certificates) pro rata in accordance with their outstanding Principal Balances without regard to either the proportions or the priorities set forth in Section 4.01(b).
I-6 Class A Non-PO Principal Distribution Amount.......................................................
On each Distribution Date prior to the Distribution Date in December 2012 and the Subordination Depletion Date, the Class A Non-PO Principal Distribution Amount will be allocated among and distributed in reduction of the Principal Balances of the Class A Certificates (other than the Class A-2 Certificates) sequentially, as follows: first , to the Class A-R Certificate, and second, concurrently, to the Class A-1, Class A-3 and Class A-4 Certificates, pro rata.
Notwithstanding the foregoing, on each Distribution Date occurring on or subsequent to the Subordination Depletion Date, the Class A Non-PO Principal Distribution Amount shall be distributed among the Class A Certificates (other than the Class A-PO Certificates) pro rata in accordance with their outstanding Principal Balances without regard to either the proportions or the priorities set forth in Section 4.01(b).
On or after the Distribution Date in December 2012 and prior to the Subordination Depletion Date, the Class A Non-PO Principal Distribution Amount on each Distribution Date will be allocated among and distributed in reduction of the Principal Balances of the Class A Certificates, concurrently, to the Class A-1, Class A-2, Class A-3 and Class A-4 Certificates, pro rata.
Notwithstanding the foregoing, on each Distribution Date occurring on or subsequent to the Subordination Depletion Date, the Class A Non-PO Principal Distribution Amount shall be distributed among the Class A Certificates (other than the Class A-PO Certificates) and the Class A-PO Certificates, pro rata in accordance with their outstanding Principal Balances without regard to either the proportions or the priorities set forth in Section 4.01(b).