Principal Distribution Amount definition

Principal Distribution Amount. For any Distribution Date, the sum of (i) the Basic Principal Distribution Amount for such Distribution Date and (ii) the Extra Principal Distribution Amount for such Distribution Date.

Principal Distribution Amount. With respect to each Distribution Date, an amount equal to (x) the Principal Funds for such Distribution Date plus (y) any Extra Principal Distribution Amount for such Distribution Date, less (z) any Overcollateralization Release Amount.

Principal Distribution Amount. With respect to any Distribution Date, the lesser of (a) the excess of (x) the Available Distribution Amount over (y) the Interest Distribution Amount, and (b) the sum of:

Examples of Principal Distribution Amount in a sentence

• Any distribution of principal pursuant to the preceding sentence shall be deemed to be part of the Principal Distribution Amount for purposes of all future calculations of Class Factors.

• During each calendar month, distributions in reduction of the Certificate Balances of the Trust Fund Certificates shall be made in an amount equal to the Principal Distribution Amount and shall be distributed in the amounts and in the priorities specified in the Prospectus Supplement.

• All distributions of such Principal Distribution Amount which are made with respect to a particular Class of Trust Fund Certificates shall be made pro rata among all Certificates of such Class in proportion to their respective Certificate Balances, with no preference or priority of any kind.

• On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes, from the Principal Distribution Amount as provided herein.

• Distributions of the Principal Distribution Amount shall be made in the order and in the amounts as among Classes, as provided in the Prospectus Supplement.

More Definitions of Principal Distribution Amount

Principal Distribution Amount. With respect to any Distribution Date, the sum of the Group I Principal Distribution Amount and the Group II Principal Distribution Amount.

Principal Distribution Amount. With respect to each Mortgage Pool and any Distribution Date, an amount equal to the Principal Remittance Amount for such Mortgage Pool for such date minus the Aggregate Overcollateralization Release Amount, if any, allocable to such Mortgage Pool, for such Distribution Date (based on the Pool Percentage).

Principal Distribution Amount. With respect to a particular calendar month, an amount equal to the sum of (i) the Cash Flow Distribution Amount for such calendar month and (ii) the Aggregate Accrual Amount for such calendar month, if any. Prospectus: The Prospectus dated May 1, 2002 relating to the Xxxxxx Xxx Guaranteed REMIC Pass-Through Certificates.

Principal Distribution Amount means, with respect to any Payment Date, an amount equal to the sum of the First Priority Principal Distribution Amount, Second Priority Principal Distribution Amount and Regular Principal Distribution Amount.

Principal Distribution Amount. With respect to any Distribution Date and the Non-Vertically Retained Principal Balance Certificates, the sum of (i) the Non-Vertically Retained Percentage of the Aggregate Principal Distribution Amount for such Distribution Date and (ii) the Principal Shortfall, if any, for such Distribution Date.

Principal Distribution Amount. With respect to any Distribution Date, the lesser of:

Principal Distribution Amount. With respect to any Distribution Date, the aggregate of the following: