Aggregate Certificate Principal Balance definition

Aggregate Certificate Principal Balance. At any given time, the sum of the then current Class Principal Balances of the Certificates.
Aggregate Certificate Principal Balance. At any given time, the sum of the then current Class Principal Balances of all Classes of Certificates.

Examples of Aggregate Certificate Principal Balance in a sentence

  • Applied Realized Loss Amount: With respect to any Distribution Date, the amount, if any, by which, the sum of (i) the Aggregate Certificate Principal Balance and (ii) the Class C Certificate Principal Balance after distributions of principal on such Distribution Date exceeds the aggregate Stated Principal Balance of the Mortgage Loans as of such Distribution Date.


More Definitions of Aggregate Certificate Principal Balance

Aggregate Certificate Principal Balance. As of any date of determination thereof, the sum of the then outstanding Certificate Principal Balance of the Class A Certificates, the Mezzanine Certificates and the Class B Certificates.
Aggregate Certificate Principal Balance means the sum of the Class A-1, Class A-2, Class A-3, Class A-4, Class M-1, Class M-2, Class B-1 and Class B-2 Principal Balances.
Aggregate Certificate Principal Balance. With respect to any Distribution Date means the sum of the Certificate Principal Balances of all Classes of the Offered Certificates. The Aggregate Certificate Principal Balance for a particular Mortgage Loan Group is the sum of the Certificate Principal Balances of all Classes of the Offered Certificates relating to such Group.
Aggregate Certificate Principal Balance. For the Residual Class Certificates as of any date of determination, the aggregate principal balance of the Term Assets in the Trust as of such date of determination. For the Amortizing Class Certificates as of any date of determination, the Aggregate Amortized Amount as of such date of determination.
Aggregate Certificate Principal Balance. As of any time of determination, the sum of the Aggregate Class A Certificate Principal Balance plus the Class B Certificate Principal Balance. Unless otherwise specified herein with respect to any particular provision with respect to a Payment Date the "Aggregate Certificate Principal Balance" shall be calculated after taking into account the Class A Principal Distribution Amount and the Class B Principal Distribution Amount on such Payment Date.