Class BV-1 Certificates Carryover definition

Class BV-1 Certificates Carryover. If on any Distribution Date the Class BV-1 Pass-Through Rate is based upon the Group II Available Funds Cap, the excess of:
Class BV-1 Certificates Carryover. On any Distribution Date, the sum of:
Class BV-1 Certificates Carryover. If on any "Class BV-1A Certificates Carryover": If on any Distribution Date the Class BV-1 Pass-Through Rate is Distribution Date the Class BV-1A Pass-Through Rate is based upon the Group II Available Funds Cap, the excess based upon the Group II Available Funds Cap, the excess of (i) the amount of interest the Class BV-1 Certificates of (I) the amount of interest the Class BV-1A would be entitled to receive on such Distribution Date Certificates would be entitled to receive on such had the Class BV-1 Pass-Through Rate not been calculated Distribution Date had the Class BV-1A Pass-Through Rate based on the Group II Available Funds Cap (but not more not been calculated based on the Group II Available than the weighted average of the Maximum Lifetime Funds Cap (but not more than the weighted average of Mortgage Interest Rates on the Mortgage Loans in Group II the Maximum Lifetime Mortgage Interest Rates on the less the Group II Servicing Fee Rate and the Group II Mortgage Loans in Group II less the Group II Servicing Master Servicing Fee Rate) over (ii) the amount of Fee Rate and the Group II Master Servicing Fee Rate) interest such Certificates received on such Distribution over (ii) the amount of interest such Certificates Date based on the Group II Available Funds Cap, together received on such Distribution Date based on the Group with the unpaid portion of any such excess from prior II Available Funds Cap, together with the unpaid Distribution Dates (and interest accrued thereon at the portion of any such excess from prior Distribution then applicable Pass-Through Rate, without giving effect Dates (and interest accrued thereon at the then to the Group II Available Funds Cap). applicable Pass-Through Rate, without giving effect to the Group II Available Funds Cap).

More Definitions of Class BV-1 Certificates Carryover

Class BV-1 Certificates Carryover. If on any Distribution Date the Class BV-1 Pass-Through Rate is based upon the Available Funds Cap, the excess of (i) the amount of interest the Class BV-1 Certificates would be entitled to receive on such Distribution Date had the Class BV-1 Pass-Through Rate not been calculated based on the Available Funds Cap (but not more than the weighted average of the Mortgage Interest Rates on the Mortgage Loans less the Servicing Fee Rate and the Master Servicing Fee Rate) over (ii) the amount of interest such Certificates received on such Distribution Date based on the Available Funds Cap, together with the unpaid portion of any such excess from prior Distribution Dates (and interest accrued thereon at the then applicable Pass- Through Rate, without giving effect to the Available Funds Cap).

Related to Class BV-1 Certificates Carryover

  • Class B-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class B-1 Certificates All Certificates bearing the class designation of "Class B-1".

  • Certificate Principal Carryover Shortfall means, with respect to any Payment Date, the excess, if any, of (x) the sum of (i) the Certificate Monthly Principal Distributable Amount and (ii) any outstanding Certificate Principal Carryover Shortfall for the preceding Payment Date, over (y) the amount in respect of principal that is actually paid as principal on the Certificates on such Payment Date.

  • Class B-5 Certificates The Certificates designated as “Class B-5” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class B-2 Certificates All Certificates bearing the class designation of "Class B-2".