Group II Insured Distribution Amount definition

Group II Insured Distribution Amount. With respect to any Distribution Date, the sum of (a) the Group II Class A Interest Distribution Amount with respect to such Distribution Date and (b) the Group II Subordination Deficit, if any, as of such Distribution Date.
Group II Insured Distribution Amount. With respect to any Payment Date, the sum of (i) Group II Insured Interest Distribution Amount for such Payment Date and (ii) the Group II Insured Principal Distribution Amount for such Payment Date.
Group II Insured Distribution Amount. As to any Payment Date, the sum of (x) the Group II Interest Distribution Amount for such Payment Date, (y) the Group II Subordination Deficit, if any, for such Payment Date, and (z) any Preference Amounts with respect to which affected Holders have complied with the provisions of Section 7.3(e) hereof.

Examples of Group II Insured Distribution Amount in a sentence

  • Amounts paid under the Certificate Insurance Policy, to the extent needed to pay the Group I Insured Distribution Amount or Group II Insured Distribution Amount shall be transferred by the Trustee from the Certificate Insurance Payments Account to the related Certificate Account on the related Distribution Date and disbursed by the Trustee to Certificateholders in accordance with Section 6.05.

  • The Trustee shall deposit upon receipt any amount paid under the Certificate Insurance Policy in the Certificate Insurance Payments Account and distribute such amount only for purposes of payment to Certificateholders of the Group I Insured Distribution Amount or Group II Insured Distribution Amount for which a claim was made and such amount may not be applied to satisfy any costs, expenses or liabilities of the Master Servicer, the Trustee or the Trust Fund.

  • In those cases, the faculty member will be notified as soon as possible.

  • Amounts paid under the Certificate Insurance Policy, to the extent needed to pay the Group I or Group II Insured Distribution Amount shall be transferred by the Trustee from the Certificate Insurance Payments Account to the related Certificate Account on the related Distribution Date and disbursed by the Trustee to Certificateholders in accordance with Section 6.05.


More Definitions of Group II Insured Distribution Amount

Group II Insured Distribution Amount. As to the Group II Certificates, the sum of (a) as of any Payment Date, the sum of (x) the Group II Interest Distribution Amount for such Payment Date and (y) the Group II Overcollateralization Deficit, if any, as of such Payment Date and (b) the Group II Preference Amount.
Group II Insured Distribution Amount. As to the Class A-2 Certificates for any Payment Date, the sum of (x) the Class A-2 Interest Distribution Amount for such Payment Date, (y) the Group II Subordination Deficit as of such Payment Date and (z) the Group II Preference Amount.
Group II Insured Distribution Amount. As to the Class A-6 Certificates for any Payment Date, the sum of (x) the sum of the Class A-6 Current Interest and the Class A-6 Interest Carry-Forward Amount, if any, and (y) the Group II Subordination Deficit as of such Payment Date.
Group II Insured Distribution Amount. As to the Group II Certificates and any Payment Date, the sum of (x) the sum of the Group II Interest Distribution Amount for such Payment Date, (y) the Group II Applied Realized Loss Amount, if any, as of such Payment Date and (z) on the Class A-9 Final Scheduled Payment Date, the Class A-9 Certificate Principal Balance.

Related to Group II Insured Distribution Amount

  • Group II Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Group II Principal Remittance Amount for such Distribution Date over (ii)(a) the Overcollateralization Release Amount, if any, for such Distribution Date multiplied by (b) the Group II Allocation Percentage.

  • Group I Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Group I Principal Remittance Amount for such Distribution Date over (ii)(a) the Overcollateralization Release Amount, if any, for such Distribution Date multiplied by (b) the Group I Allocation Percentage.

  • 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.

  • 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.

  • Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Principal Remittance Amount for such Distribution Date over (ii) the Excess Subordinated Amount, if any, for such Distribution Date.