Group 2 Unscheduled Principal Distribution Amount definition

Group 2 Unscheduled Principal Distribution Amount. For any Distribution Date and Collateral Allocation Group 2, the sum of the amounts described in clauses (e) through (g) of the definition of Principal Amount for Collateral Allocation Group 2 for that Distribution Date. Index: Not applicable.
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Group 2 Unscheduled Principal Distribution Amount. For any Distribution Date and Loan Group 2, the Senior Prepayment Percentage of the sum of the applicable Senior Prepayment Percentage of the amounts described in clauses (e) through (g) of the definition of Principal Amount for Loan Group 2 for that Distribution Date. Index: Not applicable.
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Group 2 Unscheduled Principal Distribution Amount. For any Distribution Date, the sum of (x) the Senior Liquidation Amount for Loan Group 2 and (y) the Non-PO Percentage of the sum of the amounts described in subclause (f) of clause (i) and clause (ii) of the definition of Non-PO Formula Principal Amount for Loan Group 2 for such Distribution Date.
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More Definitions of Group 2 Unscheduled Principal Distribution Amount

Group 2 Unscheduled Principal Distribution Amount. For any Distribution Date, the sum of (i) with respect to each Group 2 Mortgage Loan that became a Liquidated Mortgage Loan during the calendar month preceding the month of such Distribution Date, the applicable Non-PO Percentage of the Liquidation Proceeds allocable to principal received with respect to such Mortgage Loan and (ii) the applicable Non-PO Percentage of the amount described in subclause (f) of clause (i) of the definition of Non-PO Formula Principal Amount for Loan Group 2 for such Distribution Date and (iii) any Subsequent Recoveries described in clause (ii) of the definition of Non-PO Formula Principal Amount for Loan Group 2 for such Distribution Date. Index: Not applicable.
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Related to Group 2 Unscheduled Principal Distribution Amount

  • Unscheduled Principal Distribution Amount With respect to any Distribution Date, an amount equal to the aggregate of: (a) all Principal Prepayments received on the Mortgage Loans during the related Collection Period (or, in the case of the Outside Serviced Mortgage Loans, all Principal Prepayments received during the period that renders them includable in the Aggregate Available Funds for such Distribution Date); and (b) any other collections (exclusive of payments by Mortgagors) received on the Mortgage Loans and, to the extent of the Trust’s interest therein, any REO Properties during the related Collection Period (or, in the case of an Outside Serviced Mortgage Loan or any interest in REO Property acquired with respect thereto, all such proceeds received during the period that renders them includable in the Aggregate Available Funds for such Distribution Date), whether in the form of Liquidation Proceeds, Insurance Proceeds, Condemnation proceeds, net income, rents, and REO Proceeds or otherwise, that were identified and applied by the Master Servicer (and/or, in the case of an Outside Serviced Mortgage Loan, the related Outside Servicer) as recoveries of previously unadvanced principal of the related Mortgage Loan.

  • Scheduled Principal Distribution Amount With respect to each Distribution Date, an amount equal to the aggregate of the principal portions of:

  • Group 1 Principal Distribution Amount With respect to any Distribution Date is the sum of (i) the Group 1 Basic Principal Distribution Amount for such Distribution Date and (ii) the product of (a) the Overcollateralization Increase Amount for such Distribution Date and (b) the Group 1 Percentage.

  • Loan Group 1 Principal Distribution Amount With respect to any Distribution Date, that portion, if any, of the Principal Distribution Amount attributable to Loan Group 1.

  • Group I Principal Distribution Amount With respect to any Distribution Date, the sum of (i) the Group I Basic Principal Distribution Amount for such Distribution Date and (ii)(a) the Extra Principal Distribution Amount for such Distribution Date multiplied by (b) the Group I Allocation Percentage.