Certificate Balance. As to any Outstanding Certificate prior to the initial Distribution Date, the denomination thereof; and as to any such Outstanding Certificate subsequent to such initial Distribution Date, the denomination thereof multiplied by the then applicable Factor (including any allocation of Deferred Interest pursuant to Section 4.01(f)). As to any Certificate that is not an Outstanding Certificate at the time of determination, zero.
Appears in 4 contracts
Samples: Federal National Mortgage Association, Supers Master Trust Agreement, Federal National Mortgage Association
Certificate Balance. As to any Outstanding Certificate prior to the initial Distribution Date, the denomination thereof; and as to any such Outstanding Certificate subsequent to such initial Distribution Date, the denomination thereof multiplied by the then applicable Factor (including any allocation of Deferred Interest pursuant to Section 4.01(f))Factor. As to any Certificate that is not an Outstanding Certificate at the time of determination, zero.
Appears in 2 contracts
Samples: Federal National Mortgage Association, Federal National Mortgage Association