Tracking Interests definition

Tracking Interests means classes of Equity Interests that are entitled to distributions for specifically identified assets but do not carry any preferred return or other preferred interest.
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Examples of Tracking Interests in a sentence

  • Amounts allocated to the Tracking Interests of each Group in accordance with Paragraph 2, above, shall be further allocated as described below.

  • In each case, Principal Relocation Payments will be made so as to cause the Calculation Rate in respect of the outstanding Class A and Class B Tracking Interests to equal the Subordinate Pass-Through Rate.

  • With respect to each Loan Group, if (and to the extent that) the sum of (a) the principal payments received during the Due Period (as adjusted for amounts allocated to the related Class PO Component) and (b) the Realized Losses (as adjusted for amounts allocated to the related Class PO Component), are insufficient to make the necessary reductions of principal on the Class A and Class B Tracking Interests, then interest will be added to the Loan Group's Class C Tracking Interest.

  • With respect to each Loan Group, if (and to the extent that) the sum of (a) the principal payments received during the Due Period (as adjusted for amounts allocated to the related Class PO Certificates) and (b) the Realized Losses (as adjusted for amounts allocated to the related Class PO Certificates), are insufficient to make the necessary reductions of principal on the Class A and Class B Tracking Interests, then interest will be added to the Loan Group's Class C Tracking Interest.

  • Amounts allocated to the Tracking Interests of each Loan Group in accordance with this Paragraph 2 shall be further allocated as described in Paragraphs 3 and 4.

  • With respect to each Loan Group, if (and to the extent that) the sum of (a) the principal payments received during the Due Period (as adjusted for amounts allocated to the related Class PO Component) and (b) the Realized Losses (as adjusted for amounts allocated to the related Class PO Component), are insufficient to make the necessary reductions of principal on the Class A and Class B Tracking Interests, then interest will be added to the Loan Group’s Class C Tracking Interest.

  • Amounts allocated to the Tracking Interests of Aggregate Group I in accordance with Paragraph 2, above, shall be further allocated as described below in Paragraphs (4) and (5) and amounts allocated to the Tracking Interests of Aggregate Group II in accordance with Paragraph 2, above, shall be further allocated as described below in Paragraphs (6) and (7).

  • The Trustee shall allocate the Realized Losses on the Group 4 Mortgage Loans (including any reductions in previously allocated Realized Losses on the Group 4 Mortgage Loans attributable to any related Subsequent Recoveries), and distribute the principal on the Group 4 Mortgage Loans entirely to the LT-4 Tracking Interests.

  • Amounts allocated to the Tracking Interests of each Collateral Allocation Group in accordance with Paragraph 2, above, shall be further allocated as described below.

  • With respect to each Loan Group in Aggregate Loan Group I, if (and to the extent that) the sum of (a) the principal payments received as of the Due Date (as adjusted for amounts allocated to the related Class PO Component) and (b) the Realized Losses (as adjusted for amounts allocated to the related Class PO Component), are insufficient to make the necessary reductions of principal on the Class A and Class B Tracking Interests, then interest will be added to such Loan Group’s Class C Tracking Interest.

Related to Tracking Interests

  • Working Interest means an interest in oil and/or gas in the unit area by virtue of a lease, operating agreement, fee title, or otherwise, including a carried interest, the owner of which is obligated to pay, either in cash or out of production or otherwise a portion of the unit expense.

  • Ownership Interests means, with respect to any entity, any ownership interests in the entity and any economic rights (such as a right to distributions, net cash flow or net income) to which the owner of such ownership interests is entitled.

  • Voting Interests means shares of capital stock issued by a corporation, or equivalent Equity Interests in any other Person, the holders of which are ordinarily, in the absence of contingencies, entitled to vote for the election of directors (or persons performing similar functions) of such Person, even if the right so to vote has been suspended by the happening of such a contingency.

  • Transferred Interests has the meaning set forth in the Recitals.

  • REMIC I Interests The REMIC I Regular Interests and the Class R-I Certificates.