Insured Distribution Amount definition

Insured Distribution Amount. The Group I Insured Distribution Amount or the Group II Insured Distribution Amount, as the case may be.
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Insured Distribution Amount. With respect to any Distribution Date, the sum of (i) the aggregate of the Interest Distribution Amounts and (ii) the OC Deficit, if any for such Distribution Date.
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Insured Distribution Amount. With respect to any Distribution Date, the sum of (a) the Class A Interest Distribution Amount with respect to such Distribution Date, (b) the Subordination Deficit, if any, as of such Distribution Date and (c) (i) on the Class A-1 Final Scheduled Maturity Date, the Class A-1 Certificate Principal Balance, (ii) on the Class A-2 Final Scheduled Maturity Date, the Class A-2 Certificate Principal Balance, (iii) on the Class A-3 Final Scheduled Maturity Date, the Class A-3 Certificate Principal Balance, (iv) on the Class A-4 Final Scheduled Maturity Date, the Class A-4 Certificate Principal Balance, (v) on the Class A-5 Final Scheduled Maturity Date, the Class A-5 Certificate Principal Balance and (iv) on the Class A-6 Final Scheduled Maturity Date, the Class A-6 Certificate Principal Balance.
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Examples of Insured Distribution Amount in a sentence

  • It shall not be necessary for such payments to be made by checks or wire transfers separate from the checks or wire transfers used to pay the Insured Distribution Amount with other funds available to make such payment.

  • Amounts paid under the Certificate Insurance Policy, to the extent needed to pay the Insured Distribution Amount shall be transferred to the Certificate Account on the related Distribution Date and disbursed by the Trustee to the 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 Payment Account and distribute such amount only for purposes of payment to the Certificateholders of the 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 Servicer, the Trustee or the Trust Fund.

  • 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.


More Definitions of Insured Distribution Amount

Insured Distribution Amount. With respect to any Distribution Date, the sum of (a) the Class A Interest Distribution Amount with respect to such Distribution Date and (b) the Subordination Deficit, if any, as of such Distribution Date.
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Insured Distribution Amount. As to any Payment Date, the sum of the Group I Insured Distribution Amount and the Group II Insured Distribution Amount.
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Insured Distribution Amount. With respect to any Distribution Date and for any Pool, is the sum of (i) the Interest Distribution Amount for such Pool, (ii) the amount of the Over-collateralization Deficit applicable to such Pool, if any, with respect to such Distribution Date, and (iii) with respect to the Distribution Date which is a Final Stated Maturity Date, the outstanding Note Principal Balance for the related Class of Notes.
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Insured Distribution Amount. With respect to any Distribution Date, the sum of (i) the Class A-1 Interest Distribution Amount, (ii) the Class A-IO Interest Distribution Amount, (iii) the Overcollateralization Deficit for such Distribution Date and (iv) solely with respect to the Class A-1 Final Scheduled Maturity Date, the remaining Class A-1 Certificate Principal Balance.
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Insured Distribution Amount. With respect to any Distribution Date, an amount equal to the sum of (i) the Group II Interest Distribution Amount with respect to such Distribution Date (it being understood that any preference amounts will be paid separately from the Insured Distribution Amount in accordance with the Policy), (ii) the amount of the Group II Overcollateralization Deficit, if any, with respect to such Distribution Date and (iii) with respect to the Distribution Date that is the Last Scheduled Distribution Date with respect to the Class IIA-1 or Class IIA-2 Certificates, the outstanding Certificate Principal Balance of the related Class (without duplication of the amount specified in clause (ii)).
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Insured Distribution Amount. As to any Distribution Date, the sum of (x) the Insured Interest Distribution Amount for such Distribution Date and (y) the Insured Principal Distribution Amount for such Distribution Date.
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Insured Distribution Amount. With respect to any Distribution Date, the Distribution Account Shortfall for such Distribution Date.
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