Class BF Current Interest definition

Class BF Current Interest. As of any Distribution Date, the interest accrued on the Class BF Certificate Principal Balance during the related Accrual Period at the Class BF Pass-Through Rate plus any amount previously distributed with respect to interest for such Class that is recovered as a voidable preference by a trustee in bankruptcy.
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Class BF Current Interest. With respect to any Distribution Date, the With respect to any Distribution respect to any Distribution Date, interest accrued on the Class MF-1 Date, the interest accrued on the the interest accrued on the Class BF Certificate Principal Balance Class MF-2 Certificate Principal Certificate Principal Balance immediately prior to such Distribution Balance immediately prior to such immediately prior to such Date during the related Accrual Period Distribution Date during the related Distribution Date during the related at the Class MF-1 Pass-Through Rate Accrual Period at the Class MF-2 Accrual Period at the Class BF plus any amount previously distributed Pass-Through Rate plus any amount Pass-Through Rate plus any amount with respect to interest for Class previously distributed with respect previously distributed with respect MF-1 that is recovered during the to interest for Class MF-2 that is to interest for Class BF that is related Accrual Period as a voidable recovered during the related Accrual recovered during the related Accrual preference by a trustee in bankruptcy Period as a voidable preference by a Period as a voidable preference by a pursuant to a final non-appealable trustee in bankruptcy pursuant to a trustee in bankruptcy pursuant to a order. final non-appealable order. final non-appealable order.
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Related to Class BF Current Interest

  • Class C Current Interest As of any Distribution Date, the interest accrued during the related Accrual Period at the Class C Distributable Interest Rate on a notional amount equal to the aggregate principal balance of the Lower Tier REMIC Regular Interests immediately prior to such Distribution Date, plus the interest portion of any previous distributions on such Class that is recovered as a voidable preference by a trustee in bankruptcy, less any Non-Supported Interest Shortfall allocated on such Distribution Date to the Class C Certificates.

  • Class A-1 Current Interest As of any Distribution Date, the interest accrued during the related Accrual Period at the Class A-1 Pass-Through Rate on the Class A-1 Certificate Principal Balance as of such Distribution Date plus the portion of any previous distributions on such Class in respect of Current Interest or a Class A-1 Interest Carry Forward Amount that is recovered as a voidable preference by a trustee in bankruptcy, less any Non-Supported Interest Shortfall allocated on such Distribution Date to the Class A-1 Certificates.

  • Current Interest With respect to each Class of Certificates and any Distribution Date, the aggregate amount of interest accrued at the applicable Certificate Interest Rate during the related Accrual Period on the Class Principal Amount or Class Notional Amount, as applicable, of such Class prior to any distributions of principal, allocations of Realized Losses or allocations of Certificate Writedown Amounts prior to such Distribution Date.

  • Class M-1 Current Interest As of any Distribution Date, the interest accrued during the related Accrual Period at the Class M-1 Pass-Through Rate on the Class M-1 Certificate Principal Balance as of such Distribution Date plus the portion of any previous distributions on such Class in respect of Current Interest or Class M-1 Interest Carry Forward Amount that is recovered as a voidable preference by a trustee in bankruptcy, less any Non-Supported Interest Shortfall allocated on such Distribution Date to the Class M-1 Certificates.

  • Then-Current Interest Rate means the most recently published ▇▇▇▇▇▇▇ Mac survey rate for 30-year fixed-rate loans.