Class C Certificate Principal Balance definition

Class C Certificate Principal Balance. As of any date of determination, the aggregate Certificate Principal Balance of the Class C Certificates.
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Class C Certificate Principal Balance. As to any Distribution Date, the Initial Certificate Principal Balance of the Class C Certificates less any amounts distributed to the holders of the Class C Certificates on previous Distribution Dates with respect to principal on the Class C Certificates.
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Class C Certificate Principal Balance. As of any date of determination, the excess of the aggregate principal amount of the Mortgage Loans over the aggregate principal amount of the Class A, Class B and Class M Certificates.
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Examples of Class C Certificate Principal Balance in a sentence

  • The initial principal balance of the Upper-Tier REMIC Class C Interest will equal the initial Class C Certificate Principal Balance.

  • The Class C Certificate Principal Balance as of __________________ (after giving effect to the disbursements in reduction of principal, if any, on the immediately preceding Distribution Date) was.............................................


More Definitions of Class C Certificate Principal Balance

Class C Certificate Principal Balance means, for any ------------------------------------- Distribution Date, the excess, if any, of (a) the Class C Initial Certificate Principal Balance over (b) all payments of principal distributed to the Class C Certificateholder on or prior to such Distribution Date.
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Class C Certificate Principal Balance. The initial Class C Certificate Principal Balance will be $2,362,928.60. The Class C Certificate Principal Balance will equal the excess of the aggregate principal amount of the Mortgage Loans over the aggregate principal amount of the Offered Certificates.
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Class C Certificate Principal Balance means, for any Distribution Date, the Initial Class C Principal Amount reduced by all payments to the Class C Certificateholders allocable to principal prior to such Distribution Date.
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Related to Class C Certificate Principal Balance

  • Class A Certificate Principal Balance As of any date of determination, the sum of the Class A-1 Certificate Principal Balance, the Class A-2A Certificate Principal Balance, the Class A-2B Certificate Principal Balance, the Class A-2C Certificate Principal Balance, the Class A-2D Certificate Principal Balance and the Class R Certificate Principal Balance.

  • Class A-1 Certificate Principal Balance As of any date of determination, the aggregate Certificate Principal Balance of the Class A-1 Certificates.

  • Class Certificate Principal Balance As to any Class of Certificates, other than any Class of Notional Certificates, and as of any date of determination, the aggregate of the Certificate Principal Balances of all Certificates of such Class. The Class Certificate Principal Balance of each such Class of Certificates as of the Closing Date is specified in Section 5.01(b).

  • Certificate Principal Balance With respect to each Certificate (other than any Interest Only Certificate), on any date of determination, an amount equal to:

  • Original Class Certificate Principal Balance With respect to the Class A Certificates, the Mezzanine Certificates, the Class C Certificates and the Class P Certificates, the corresponding amounts set forth opposite such Class above in the Preliminary Statement.