Initial Notional Amount definition

Initial Notional Amount. With respect to any Class or Subclass of Interest Only Certificates, the amount initially used as the principal basis for the calculation of any interest payment amount, as more specifically defined in the Series Supplement.

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Initial Notional Amount. With respect to any Class A-V Certificates or Subclass thereof issued pursuant to Section 5.01(c), the aggregate Cut-off Date Principal Balance of the Mortgage Loans corresponding to the Uncertificated Class A-V REMIC Regular Interests represented by such Class or Subclass on such date.

Initial Notional Amount. As to each Class of Interest-Only Certificates, the Notional Amount set forth in the Preliminary Statement.

Examples of Initial Notional Amount in a sentence

The Initial Notional Amount of this Certificate is set forth above.
This certifies that __________________ is the registered owner of the Percentage Interest evidenced by this Certificate (obtained by dividing the denomination of this Certificate by the aggregate Initial Notional Amount of all Certificates of the Class to which this Certificate belongs) in certain monthly distributions with respect to a Trust Fund consisting primarily of the Mortgage Loans deposited by CWALT, Inc.
Certificate No. : Cut-off Date : First Distribution Date : Initial Notional Amount of this Certificate ("Denomination") : $ Initial Notional Amount of all Certificates of this Class : $ CUSIP : Interest Rate : % Maturity Date : INDYMAC MBS, INC.
With respect to each Certificate, the amount set forth on the face thereof as the “Initial Principal Balance or Initial Notional Amount of this Certificate”.
The Class C Certificates will be issued in minimum denominations of $1.00 Initial Notional Amount and integral multiples of $1.00 in excess thereof.

More Definitions of Initial Notional Amount

Initial Notional Amount. With respect to any Class C Certificate, the amount designated “Initial Notional Amount” on the face thereof.

Initial Notional Amount. With respect to the Class I-A-7 Certificates, $15,234,000. With respect to the Class A-V Certificates or Subclass thereof issued pursuant to Section 5.01(c) of the Standard Terms, the aggregate Cut-off Date Principal Balance of the Mortgage Loans corresponding to the Uncertificated REMIC I Regular Interests Z represented by such Class or Subclass on such date.

Initial Notional Amount. With respect to the Class A-4 Certificates, $772,727. With respect to any Class A-V Certificates or Subclass thereof issued pursuant to Section 5.01(c), the aggregate Cut-off Date Principal Balance of the Mortgage Loans corresponding to the Uncertificated Class A-V REMIC Regular Interests represented by such Class or Subclass on such date.

Initial Notional Amount means an amount equal to the Buyer Calculation Amount.

Initial Notional Amount. For the Class CB-IO Certificates, the sum of the Initial Component Notional Amounts for the Class 1-CB-IO and Class 2-CB-IO Components. For the Class 15-IO Certificates, the sum of the Initial Component Notional Amounts for the Class 3-15-IO and Class 4-15-IO Components.

Initial Notional Amount. As to each Class of Interest-Only Certificates, the Notional Amount set forth in the Preliminary Statement. For the Class SES Certificates, the sum of the Initial Component Notional Amounts for the Class 1-SES and Class 2-SES Components.

Initial Notional Amount. With respect to the Class A-2A Certificates, approximately $25,016,400.00. With respect to the Class A-14A Certificates, approximately $30,407,214.00. With respect to any Class A-V Certificates or Subclass thereof issued pursuant to Section 5.01(c), the aggregate Cut-off Date Principal Balance of the Mortgage Loans corresponding to the Uncertificated Class A-V REMIC Regular Interests represented by such Class or Subclass on such date.

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