Group I Class MF-1 Principal Distribution Amount definition

Group I Class MF-1 Principal Distribution Amount. Group II Class MV-1 Principal Distribution Amount": With respect to any Distribution Date on and after the With respect to any Distribution on and, after the Group Group I Stepdown Date and as long as a Group I Trigger II Stepdown Date and as long as a Group II Trigger Event Event is not in effect (subject to the proviso set forth is not in effect (subject to the proviso set forth in in Section 3.02(c) hereof), the excess of (i) the sum of Section 3.02(d) hereof), the excess of (i) the sum of (A) the Group I Class A Certificate Principal Balance and (A) the Group II Class A Certificate Principal Balance (B) the Class MF-1 Certificate Principal Balance and (B) the Class MV-1 Certificate Principal Balance immediately prior to such Distribution Date over (ii) the immediately prior to such Distribution Date over (ii) lesser of (A) 81.00% of the aggregate Scheduled Principal the lesser of (A) 72.50% of the Scheduled Principal Balances of Group I on the preceding Due Date and (B) the Balances of Group II on the preceding Due Date and (B) excess of (I) the Scheduled Principal Balances of Group I the excess of (I) the Scheduled Principal Balances of on the preceding Due Date over (II) $2,463,926. Group II on the preceding Due Date over (II) $1,786,073.
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Group I Class MF-1 Principal Distribution Amount. With respect to any Distribution Date on or after the Group I Stepdown Date and as long as a Group I Trigger Event is not in effect (subject to the proviso set forth in Section 3.03(c) hereof), the excess of:
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Group I Class MF-1 Principal Distribution Amount. Group II Class MV-1 Principal Distribution With respect to any Distribution Date on and after the Amount": With respect to any Distribution on and, after Group I Stepdown Date and as long as a Group I Trigger the Group II Stepdown Date and as long as a Group II Event is not in effect (subject to the proviso set forth Trigger Event is not in effect (subject to the proviso in Section 3.02(c) hereof), the excess of (i) the sum of set forth in Section 3.02(d) hereof), the excess of (i)
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More Definitions of Group I Class MF-1 Principal Distribution Amount

Group I Class MF-1 Principal Distribution Amount. Group II Class MV-1 Principal Distribution Amount": With respect to any Distribution Date on and after the With respect to any Distribution Date on and after the Group Group I Stepdown Date and as long as a Group I Trigger II Stepdown Date and as long as a Group II Trigger Event is Event is not in effect, the excess of (i) the sum of (A) not in effect, the excess of (i) the sum of (A) the Group II the Group I Class A Certificate Principal Balance and (B) Class A Certificate Principal Balance and (B) the Class MV-1 the Class MF-1 Certificate Principal Balance immediately Certificate Principal Balance immediately prior to such prior to such Distribution Date over (ii) the lesser of Distribution Date over (ii) the lesser of (A) 74.30% of the (A) 78.90% of the aggregate Scheduled Principal Balances Scheduled Principal Balances of Group II on the preceding Due of Group I on the preceding Due Date and (B) the Scheduled Date and (B) the Scheduled Principal Balances of Group II on Principal Balances of Group I on the preceding Due Date the preceding Due Date less $1,787,487. less $533,228.
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Related to Group I Class MF-1 Principal Distribution Amount

  • Class B-4 Principal Distribution Amount With respect to any Distribution Date is the excess of (i) the sum of (a) the aggregate Class Certificate Balances of the Class A Certificates (after taking into account the distribution of the Class A Principal Distribution Amount for that Distribution Date), (b) the Class Certificate Balance of the Class M-1 Certificates (after taking into account the distribution of the Class M-1 Principal Distribution Amount for that Distribution Date), (c) the Class Certificate Balance of the Class M-2 Certificates (after taking into account the distribution of the Class M-2 Principal Distribution Amount for that Distribution Date), (d) the Class Certificate Balance of the Class M-3 Certificates (after taking into account the distribution of the Class M-3 Principal Distribution Amount for that Distribution Date), (e) the Class Certificate Balance of the Class B-1 Certificates (after taking into account the distribution of the Class B-1 Principal Distribution Amount for that Distribution Date), (f) the Class Certificate Balance of the Class B-2 Certificates (after taking into account the distribution of the Class B-2 Principal Distribution Amount for that Distribution Date), (g) the Class Certificate Balance of the Class B-3 Certificates (after taking into account the distribution of the Class B-3 Principal Distribution Amount for that Distribution Date) and (h) Class Certificate Balance of the Class B-4 Certificates immediately prior to that Distribution Date over (ii) the lesser of (a) approximately 94.50% of the aggregate Stated Principal Balance of the mortgage loans for that Distribution Date and (b) the excess, if any, of the aggregate Stated Principal Balance of the mortgage loans for that Distribution Date over $3,608,680.

  • 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.

  • Class A-P Principal Distribution Amount As defined in Section 4.02.

  • Group II Principal Distribution Amount With respect to any Distribution Date, the sum of (i) the Group II 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 II Allocation Percentage.

  • Class B-1 Principal Distribution Amount With respect to any Distribution Date on or after the Stepdown Date, 100% of the Principal Distribution Amount for such Distribution Date if the Class A Certificate Principal Balance and the Class M Certificate Principal Balance, have been reduced to zero and a Stepdown Trigger Event exists, or as long as a Stepdown Trigger Event does not exist, the excess of (1) the sum of (A) the Class A Certificate Principal Balance (after taking into account distributions of the Class A Principal Distribution Amount on such Distribution Date), (B) the Class M-1 Certificate Principal Balance (after taking into account distributions of the Class M-1 Principal Distribution Amount on such Distribution Date), (C) the Class M-2 Certificate Principal Balance (after taking into account distributions of the Class M-2 Principal Distribution Amount on such Distribution Date), (D) the Class M-3 Certificate Principal Balance (after taking into account distributions of the Class M-3 Principal Distribution Amount on such Distribution Date), (E) the Class M-4 Certificate Principal Balance (after taking into account distributions of the Class M-4 Principal Distribution Amount on such Distribution Date, (F) the Class M-5 Certificate Principal Balance (after taking into account distributions of the Class M-5 Principal Distribution Amount on such Distribution Date, (G) the Class M-6 Certificate Principal Balance (after taking into account distributions of the Class M-6 Principal Distribution Amount on such Distribution Date and (H) the Class B-1 Certificate Principal Balance immediately prior to such Distribution Date over (2) the lesser of (A) 86.60% of the Stated Principal Balance of the Mortgage Loans as of such Distribution Date and (B) the excess of the Stated Principal Balance of the Mortgage Loans as of such Distribution Date over the Minimum Required Overcollateralization Amount. Notwithstanding the foregoing, (I) on any Distribution Date prior to the Stepdown Date on which the Certificate Principal Balance of each Class of Class A Certificates and Class M Certificates has been reduced to zero, the Class B-1 Principal Distribution Amount will equal the lesser of (x) the outstanding Certificate Principal Balance of the Class B-1 Certificates and (y) 100% of the Principal Distribution Amount remaining after any distributions on such Class A and Class M Certificates and (II) in no event will the Class B-1 Principal Distribution Amount with respect to any Distribution Date exceed the Class B-1 Certificate Principal Balance.