Scheduled Notional Amount definition
Scheduled Notional Amount. The amount set forth with respect to each Distribution Date on Schedule I-H hereto.
Scheduled Notional Amount. For each Distribution Date and the Swap Agreement, the amount set forth in Exhibit N. The initial Scheduled Notional Amount will be approximately $759,839,000. Scheduled Payment: Each scheduled payment of principal and interest (or of interest only, if applicable) to be paid by the Mortgagor on a Mortgage Loan, as reduced (except where otherwise specified herein) by the amount of any related Debt Service Reduction or as a result of any related Deficient Valuation (in each case, excluding all amounts of principal and interest that were due on or before the Cut-off Date whenever received) and, in the case of an REO Property, an amount equivalent to the Scheduled Payment that would have been due on the related Mortgage Loan if such Mortgage Loan had remained in existence.
Scheduled Notional Amount. As defined in the Cap Agreement.
Examples of Scheduled Notional Amount in a sentence
The Scheduled Notional Amount shall not at any point in time (A) exceed 110% of the Projected Loan Amount, or (B) be lower than 80% of the Projected Loan Amount.
Notwithstanding anything contained herein to the contrary, at no time will the Scheduled Notional Amount be permitted to exceed the projected Outstanding Balance of the Pool Receivables at such time (based on the expected amortization of the Pool Receivables).
By: ---------------------------------------- Name: -------------------------------------- Title: ------------------------------------- SCHEDULE I PREPAYMENT CHARGE SCHEDULE AVAILABLE UPON REQUEST SCHEDULE II CAP PREMIUM SCHEDULE Class A-1 Class A-1 Distribution Date Scheduled Notional Amount ($)(1) LIBOR (%) ---------------------------------- -------------------------------- ------------- June 25, 2004....................
More Definitions of Scheduled Notional Amount
Scheduled Notional Amount. For any Distribution Date and the Swap Agreement, the notional amount with respect to which payments under the Swap Agreement will be calculated.
Scheduled Notional Amount. For each Distribution Date and the Swap Agreement, the amount set forth in Exhibit N-1. The initial Scheduled Notional Amount with respect to the Swap Agreement will be $578,720,812. For each Distribution Date and the Cap Agreement, the lesser of (i) the aggregate Class Principal Amount of Group 1 Senior Certificates and the Group 1-2 Subordinate Certificates and (ii) the amount set forth in Exhibit N-2 for the related Distribution Date.
Scheduled Notional Amount. For each Distribution Date and the Swap Agreement, the amount set forth in Exhibit N-1 for the related Distribution Date. The initial Scheduled Notional Amount on August 2007 with respect to the Swap Agreement will be $634,080,274. For each Distribution Date and the Group 1 Cap Agreement, the amount set forth in Exhibit N-2 for the related Distribution Date. The initial Scheduled Notional Amount on July 2008 with respect to the Group 1 Cap Agreement will be $32,609,513. For each Distribution Date and the Balance Guaranteed Cap Agreement, the amount equal to the Class Principal Amount of the Class II-A1 Certificates for such Distribution Date. For each Distribution Date and the Group 2 Cap Agreement, the amount set forth in Exhibit N-4 for the related Distribution Date. The initial Scheduled Notional Amount on August 2007 with respect to the Group 2 Cap Agreement will be $61,974,287. Scheduled Payment: Each scheduled payment of principal and interest (or of interest only, if applicable) to be paid by the Mortgagor on a Mortgage Loan, as reduced (except where otherwise specified herein) by the amount of any related Debt Service Reduction or as a result of any related Deficient Valuation (in each case, excluding all amounts of principal and interest that were due on or before the Cut-off Date whenever received) and, in the case of an REO Property, an amount equivalent to the Scheduled Payment that would have been due on the related Mortgage Loan if such Mortgage Loan had remained in existence.
Scheduled Notional Amount. For each Distribution Date and for either Swap Agreement, the amounts set forth on Schedule B.
Scheduled Notional Amount. With respect to any Distribution Date, the amount set forth in the following schedule: A-IO(2) Scheduled Distribution Dates Notional Amount ------------------------------------------------------ November 2003 through April 2004 $27,025,000 May 2004 through October 2004 $24,022,000 November 2004 through April 2004 $12,011,000 May 2005 and thereafter $ 0 Class B-1 Certificates: All Certificates bearing the Class designation of "Class B-1 Certificates."
Scheduled Notional Amount. For each Distribution Date and the Swap Agreement, the amount set forth in Exhibit N-1 for the related Distribution Date. The initial Scheduled Notional Amount on July 2007 with respect to the Swap Agreement will be $431,079,474.53. For each Distribution Date and the Group 1 Cap Agreement, the amount set forth in Exhibit N-2 for the related Distribution Date. The initial Scheduled Notional Amount on June 2008 will be approximately $22,315,143.93. For each Distribution Date and the Group 2 Cap Agreement, the amount set forth in Exhibit N-3 for the related Distribution Date. The initial Scheduled Notional Amount on July 2007 will be approximately $97,280,754.62.
Scheduled Notional Amount. For each Distribution Date and the Group I Swap Agreement, the amount set forth in Exhibit N-1. The initial Scheduled Notional Amount with respect to the Group I Swap Agreement shall be $418,196,915. For each Distribution Date and the Group I Cap Agreement, the lesser of (i) the aggregate Class Principal Amount of the Group I Certificates (other than the Class 1-A1 Certificates) and (ii) the amount set forth in Exhibit N-2 for the related Distribution Date. The initial Scheduled Notional Amount for the Group I Cap Agreement shall be the lesser of (i) the aggregate Class Principal Amount of the Group I Certificates (other than the Class 1-A1 and Class 2-AIO Certificates) and (ii) $1,566,205.00. For each Distribution Date and the Class 3-A1 Cap Agreement, the lesser of (i) the aggregate Class Principal Amount of the Group II Certificates and (ii) the amount set forth in Exhibit N-3 for the related Distribution Date. The initial Scheduled Notional Amount for the Class 3-A1 Cap Agreement shall be the lesser of (i) the aggregate Class Principal Amount of the Class 3-A1 Certificates and (ii) $215,614,410.00.