Class B-2 Distribution Amount definition

Class B-2 Distribution Amount. As to any Distribution Date, any amount distributable to the Holders of the Class B-2 Certificates pursuant to Paragraphs eighth, ninth and tenth of Section 4.01(a).

Class B-2 Distribution Amount means, as to any Remittance Date, the lesser of (a) the Remaining Amount Available and (b) the Class B-2 Formula Distribution Amount for such Remittance Date.

Class B-2 Distribution Amount. As to any Remittance Date, the aggregate amount distributed on the Class B-2 Certificates on such Remittance Date pursuant to Section 6.01 (excluding the amount of the Guarantee Payment, if any, with respect to such Remittance Date).

Examples of Class B-2 Distribution Amount in a sentence

• Monthly Servicing Fee (deducted from Certificate Account balance to arrive at Amount Available if the Company or Green Tree Financial Servicing Corporation is not the Servicer; deducted from funds remaining after payment of Class A Distribution Amount, Class M-1 Distribution Amount, Class B-1 Distribution Amount and Class B-2 Distribution Amount, if the Company or Green Tree Financial Servicing Corp.

• Class B-2 Pool Factor 1.00000000 --------------- CLASS B-3I CERTIFICATES ----------------------- (1) Monthly Servicing Fee (deducted from Certificate Account balance to arrive at Amount Available if the Company or Green Tree Financial Servicing Corporation is not the Servicer; deducted from funds remaining after payment of Class A Distribution Amount, Class M-1 Distribution Amount, Class B-1 Distribution Amount and Class B-2 Distribution Amount, if the Company or Green Tree Financial Servicing Corp.

• Class B-2 Pool Factor 1.00000000 ------------- CLASS B-3I CERTIFICATES ----------------------- (1) Monthly Servicing Fee (deducted from Certificate Account balance to arrive at Amount Available if the Company or Green Tree Financial Servicing Corporation is not the Servicer; deducted from funds remaining after payment of Class A Distribution Amount, Class M-1 Distribution Amount, Class B-1 Distribution Amount and Class B-2 Distribution Amount, if the Company or Green Tree Financial Servicing Corp.

• Amount by which Class B-2 Formula Distribution Amount (lines 52(b) and (c), 54, and 55) exceeds Class B-2 Distribution Amount (lines 52(d) and 57) $ 0.00 -------------- Class B-2 Principal Distribution Tests -------------------------------------- (tests must be satisfied on and after the Payment Date occurring in July 2003) 57.

• Amount, if any, by which Class B2 Formula Distribution Amount plus Class B-2 Liquidation Loss Principal Amount exceeds Class B2 Distribution Amount $ 0.00 --------------------- Class A, Class M, and Class B Certificates ------------------------------------------ 66.

More Definitions of Class B-2 Distribution Amount

Class B-2 Distribution Amount means, for any Payment Date, the lesser of (a) the Class B-2 Formula Distribution Amount and (b) that portion of the Amount Available eligible for distribution in respect of such amount in accordance with the priorities set forth in Section 8.04(b).

Class B-2 Distribution Amount means, as to any Payment Date, the sum of the amounts paid to Class B-2 Noteholders on such Payment Date pursuant to Section 8.02(c)(10) of the Indenture.

Class B-2 Distribution Amount means, as to any Payment Date, the lesser of (a) the Remaining Amount Available, and (b) the Class B-2 Formula Distribution Amount.

Class B-2 Distribution Amount. With respect to any Distribution Date, the total amount distributed to the Class B-2 Certificateholders pursuant to Section 4.02.

Class B-2 Distribution Amount means, as to any Payment Date, the lesser of (a) the Amount Available (less any amount paid to the Servicer pursuant to Section 8.04(b)(1)) less the sum of the Class A Distribution Amount, the Class M-1 Distribution Amount, the Class M-2 Distribution Amount and the Class B-1 Distribution Amount, and (b) the Class B-2 Formula Distribution Amount.

Class B-2 Distribution Amount means, for any Payment Date, the amount to be distributed to the Class B-2 Certificateholders pursuant to Sections 8.04 and 8.10 on such Payment Date.

Class B-2 Distribution Amount means, for any Payment Date, the lesser of (a) the Class B-2 Formula Distribution Amount and (b) that portion of the Amount Available eligible