Class A Optimal Principal Amount definition

Class A Optimal Principal Amount. As to any Distribution Date and each Outstanding Mortgage Loan, an amount equal to the sum of
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Class A Optimal Principal Amount. As to any Payment Date, the greater of (A) an amount which, when paid to the Holders of the Class A Notes, will result in the Current Class Percentage for the Class A Notes equaling the Original Class Percentage for the Class A Notes; and (B) the product of (i) the Optimal Principal Amount for such Payment Date and (ii) a fraction, the numerator of which is the Class A Outstanding Principal Amount for such Payment Date and the denominator of which is the Aggregate Outstanding Principal Amount for such Payment Date; such product not to exceed the Class A Outstanding Principal Amount.
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Class A Optimal Principal Amount. As defined in Article XII.
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More Definitions of Class A Optimal Principal Amount

Class A Optimal Principal Amount. For any Distribution Date, the sum of the Class A Non-PO Principal Amount and the Class A PO Principal Amount, each as of such Distribution Date.
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Related to Class A Optimal Principal Amount

  • Class B-6 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • Class B-5 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • Class B-4 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • Class B-1 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • Class B-2 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of: