Class PO Deferred Amounts definition

Class PO Deferred Amounts. The Class 1-PO Deferred Amount, Class 2-PO Deferred Amount and Class 3-PO Deferred Amount.
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Examples of Class PO Deferred Amounts in a sentence

  • On any Distribution Date, amounts distributed in respect of Class PO Deferred Amounts will not reduce the Class Certificate Balance of the Class PO Certificates.

  • For any Group and on any Distribution Date, amounts distributed in respect of the Class PO Deferred Amounts will not reduce the Class Certificate Balance of the applicable Class PO Component.

  • On any Distribution Date, amounts distributed in respect of the Class PO Deferred Amounts (including the distribution of the PO Recoveries) will not reduce the Class Certificate Balance of the Class 30-PO Certificates.

  • On any Distribution Date, amounts distributed in respect of Class PO Deferred Amounts will not reduce the Class Certificate Balance or Component Balance of the related Class PO Component.

  • On any Distribution Date, amounts distributed in respect of Class PO Deferred Amounts shall not reduce the Class Principal Balance of the Principal-Only Certificates.

  • The Class PO Deferred Amounts for the Class 1-CB-PO Component and Class 2-NC-PO Component will be paid from amounts otherwise distributable as principal on the Class X-B Certificates before any payments are made pursuant to the preceding paragraph.

  • On any Distribution Date, amounts distributed in respect of the Class PO Deferred Amounts (including the distribution of the Class PO Recoveries) will not reduce the Class Certificate Balance of the Class 30-PO Certificates.

  • In the event that on any Distribution Date, the Subordinate Principal Distribution Amounts for the 30 Year Crossed Loan Groups is insufficient to reduce the Class PO Deferred Amounts of the Class 1-X-PO Component, the Class 2-X-PO Component and the Class 3-X-PO Component to zero, the amount that is available shall be distributed among such Components pro rata based on the Class PO Deferred Amounts.

  • For any Group and on any Distribution Date, amounts distributed in respect of the Class PO Deferred Amounts (including the distribution of the Class PO Recoveries) will not reduce the Component Balance of the applicable Class X-PO Component or the applicable Class 15-PO Component.

  • For any Group and on any Distribution Date, amounts distributed in respect of the Class PO Deferred Amounts (including the distribution of the Class PO Recoveries) will not reduce the Component Balance of the applicable Class X-PO Component or the Class Certificate Balance of the Class 15-PO Certificates.

Related to Class PO Deferred Amounts

  • Class PO Deferred Amount As to any Distribution Date, the aggregate of the applicable PO Percentage of each Realized Loss, other than any Excess Loss, to be allocated to the Class PO Certificates on such Distribution Date on or prior to the Senior Credit Support Depletion Date or previously allocated to the Class PO Certificates and not yet paid to the Holders of the Class PO Certificates.

  • Class A-PO Deferred Amount For any Distribution Date prior to the Subordination Depletion Date, the difference between (A) the sum of (x) the amount by which the sum of the Class A-PO Optimal Principal Amounts for all prior Distribution Dates exceeded the amounts distributed on the Class A-PO Certificates on such prior Distribution Dates pursuant to Paragraph third clause (2) of Section 4.01(a) and (y) the sum of the product for each Discount Mortgage Loan which became a Liquidated Loan at any time on or prior to the last day of the Applicable Unscheduled Principal Receipt Period for Full Unscheduled Principal Receipts for the current Distribution Date of (a) the PO Fraction for such Discount Mortgage Loan and (b) an amount equal to the principal portion of Realized Losses (other than Bankruptcy Losses due to Debt Service Reductions) incurred with respect to such Discount Mortgage Loan and (B) the sum of (x) the sum of the Class A-PO Recoveries for such Distribution Date and prior Distribution Dates and (y) amounts distributed on the Class A-PO Certificates on prior Distribution Dates pursuant to Paragraph fourth of Section 4.01(a). On and after the Subordination Depletion Date, the Class A-PO Deferred Amount will be zero. No interest will accrue on any Class A-PO Deferred Amount.

  • Deferred Amount With respect to any Distribution Date and each Class of the Subordinate Certificates, the amount by which (x) the aggregate of Applied Loss Amounts previously applied in reduction of the Class Principal Amount thereof exceeds (y) the sum of (1) the aggregate of amounts previously reimbursed in respect thereof and (2) the amount by which the Class Principal Amount of such Class has been increased due to any Subsequent Recovery.

  • Reinvestment Deferred Amount with respect to any Reinvestment Event, the aggregate Net Cash Proceeds received by the Borrower or any of its Subsidiaries in connection therewith that are not applied to prepay the Loans pursuant to Section 2.10(b) as a result of the delivery of a Reinvestment Notice.

  • Contribution Amounts the aggregate amount of capital contributions applied by the Borrower to permit the Incurrence of Contribution Indebtedness pursuant to Subsection 8.1(b)(xi).