Class Unpaid Interest Amounts definition

Class Unpaid Interest Amounts. As to any Distribution Date and Class of interest bearing Certificates, the amount by which the aggregate Class Interest Shortfalls for such Class on prior Distribution Dates exceeds the amount distributed on such Class on prior Distribution Dates pursuant to clause (ii) of the definition of Class Optimal Interest Distribution Amount.

Class Unpaid Interest Amounts. As to any Distribution Date and Class of interest-bearing Group I, Group II, Group III, Group IV, Group V and Group C-B Certificates, the amount by which the aggregate Class Interest Shortfalls for such Class on prior Distribution Dates exceeds the amount distributed on such Class on prior Distribution Dates pursuant to clause (ii) of the definition of Interest Distribution Amount.

Class Unpaid Interest Amounts. As to any Distribution Date and Class of interest-bearing Certificates, the amount by which the aggregate Class Interest Shortfalls for such Class on prior Distribution Dates exceeds the amount distributed on such Class on prior Distribution Dates pursuant to clause (ii) of the definition of Class Optimal Interest Distribution Amount. Closing Date: May 30, 2007. Code: The Internal Revenue Code of 1986, including any successor or amendatory provisions. COFI: Not applicable.

Examples of Class Unpaid Interest Amounts in a sentence

• Class Unpaid Interest Amounts ----------------------------- As to any Distribution Date and any Class of Offered Certificates, the amount by which the aggregate Class Interest Shortfalls for such Class on prior Distribution Dates exceeds the amount of Class Unpaid Interest Amounts distributed on such Class on prior Distribution Dates plus interest on such amount at the related Pass-Through Rate.

• As to any Distribution Date and any Class of Offered Certificates, the amount by which the aggregate Class Interest Shortfalls for such Class on prior Distribution Dates exceeds the amount of Class Unpaid Interest Amounts distributed on such Class on prior Distribution Dates plus interest on such amount at the related Pass-Through Rate.

• Awarding damages to Silian in an amount to be proven at trial, to the extent that reimbursement for historical shortfalls in interest paid to the IO senior certificates as Class Unpaid Interest Amounts is insufficient to reimburse Silian for all historical shortfalls, along with pre-judgment and post- judgment interest on such amount; [and] D.

• Declaring that the Trustee is obligated to treat historical shortfalls in interest paid to the IO senior certificates as Class Unpaid Interest Amounts and must distribute those Class Unpaid Interest Amounts to the IO senior certificates out of future cash flows to the Complaint Trusts in accordance with the distribution waterfall in the PSAs; C.

More Definitions of Class Unpaid Interest Amounts

Class Unpaid Interest Amounts. As to any Distribution Date and Class of interest- bearing Certificates, the amount by which the aggregate Class Interest Shortfalls for such Class on prior Distribution Dates exceeds the amount distributed on such Class on prior Distribution Dates.

Class Unpaid Interest Amounts. As to any Distribution Date and any interest-bearing Class of Non-Group 6 Certificates, the amount by which the aggregate Class Interest Shortfalls for such Class on prior Distribution Dates exceeds the amount distributed on such Class on prior Distribution Dates pursuant to clause (ii) of the definition of Accrued Certificate Interest for such Class.

Class Unpaid Interest Amounts. As to any Distribution Date and Class of interest bearing Certificates (other than the Class 3-A-14 and Class 3-A-18 Certificates), the amount by which the aggregate Class Interest Shortfalls for such Class on prior Distribution Dates exceeds the amount distributed on such Class on prior Distribution Dates pursuant to clause (ii) of the definition of Accrued Certificate Interest for such Class. As to any Distribution Date and the Class 3-A-14 Certificates, the amount by which the aggregate Class Interest Shortfalls for Component 3-A-14-1 and Component 3-A-14-2 on prior Distribution Dates exceeds the amount distributed on such Components on prior Distribution Dates pursuant to clause (ii) of the definition of Accrued Certificate Interest for such Components. As to any Distribution Date and the Class 3-A-18 Certificates, the amount by which the aggregate Class Interest Shortfalls for Component 3-A-18-1 and Component 3-A-18-2 on prior Distribution Dates exceeds the amount distributed on such Components on prior Distribution Dates pursuant to clause (ii) of the definition of Accrued Certificate Interest for such Components. Closing Date: March 28, 2003. Code: The Internal Revenue Code of 1986, including any successor or amendatory provisions.

Class Unpaid Interest Amounts. As to any Payment Date and Class of Notes, the amount by which the aggregate Class Interest Shortfalls for such Class on prior Payment Dates exceeds the amount distributed on such Class on prior Payment Dates pursuant to clause (ii) of the definition of Class Optimal Interest Distribution Amount.

Class Unpaid Interest Amounts. As to any Distribution Date and Class of interest bearing Certificates, the amount by which the aggregate Class Interest Shortfalls for such Class on prior

Class Unpaid Interest Amounts. As to any Distribution Date and Class of interest-bearing Certificates or P&I Component, the amount by which the aggregate Class Interest Shortfalls for such Class or P&I Component on prior Distribution Dates exceeds the amount distributed on such Class or P&I Component on prior Distribution Dates pursuant to clause (ii) of the definition of Class Optimal Interest Distribution Amount.

Class Unpaid Interest Amounts for such Class, reduced by any Net Deferred Interest on the related Mortgage Loans allocated to such Class of Certificates, as described in Section 4.04.