Definition of Class LT Principal Reduction Amounts. For any Distribution Date, the amounts by which the principal balances of the Class LT1, LT2, LT3, LT4, LT6, LT7, LT8, LTY1, LTY2 and LTY3 Regular Interests, respectively, will be reduced on such Distribution Date by the allocation of Realized Losses and the distribution of principal, determined as follows: For purposes of the succeeding formulas the following symbols shall have the meanings set forth below: Y1 = the aggregate principal balance of the Class LT1, LTY1 and LTY2 Regular Interests after distributions on the prior Distribution Date. Y2 = the principal balance of the Class LT2 Regular Interest after distributions on the prior Distribution Date. Y3 = the principal balance of the Class LT3 Regular Interest after distributions on the prior Distribution Date. Y4 = the principal balance of the Class LT4 Regular Interest after distributions on the prior Distribution Date (note: Y3 = Y4). ΔY1 = the combined Class LT1, LTY1 and LTY2 Principal Reduction Amount. Such amount shall be allocated first to the Class LTY1 and LTY2 Regular Interests up to the Class Y1 Principal Reduction Amount, Class Y2 Principal Reduction Amount and Class Y3 Principal Reduction Amount, respectively and thereafter the remainder shall be allocated to the Class LT1 Regular Interest. ΔY2 = the Class LT2 Principal Reduction Amount. ΔY3 = the Class LT3 Principal Reduction Amount. ΔY4 = the Class LT4 Principal Reduction Amount. P0 = the aggregate principal balance of the Class LT1, LT2, LT3, LT4, LT6, LT7, LT8, LTY1 and LTY2 Regular Interests after distributions and the allocation of Realized Losses and Net Negative Amortization Amounts on the prior Distribution Date. P1 = the aggregate principal balance of the Class LT1, LT2, LT3, LT4, LT6, LT7, LT8, LTY1 and LTY2 Regular Interests after distributions and the allocation of Realized Losses and Net Negative Amortization Amounts to be made on such Distribution Date. ΔP = P0 - P1 = the aggregate of the Class LT1, LT2, LT3, LT4, LT6, LT7, LT8, LTY1 and LTY2 Principal Reduction Amounts, which = the aggregate of the principal portions of Realized Losses to be allocated to, and the principal distributions to be made on, the Certificates on such Distribution Date (including distributions of accrued and unpaid interest on the Class X Certificates for prior Distribution Dates) reduced by Net Negative Amortization allocated to the Certificates on such Distribution Date. R0 = the Aggregate Weighted Average Pass-Through Rate (stated as a monthly ...
Definition of Class LT Principal Reduction Amounts. Copies of Appendix 1 (which has been intentionally omitted from this filing) may be obtained from WaMu Asset Acceptance Corp. or LaSalle Bank National Association by contacting: in the case of WaMu Asset Acceptance Corp., Xxxx Xxxx WaMu Asset Acceptance Corp. c/o Washington Mutual Mortgage Securities Corp. 00 X. Xxxxxxx Xxxxx,XXX0X00 Xxxxxx Xxxxx, XX 00000 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 in the case of LaSalle Bank National Association, Xxxxxxxx Xxxxxxx LaSalle Bank National Association 000 X. XxXxxxx Street, Suite 1625 Chicago, IL 60603 Telephone: (000) 000-0000 Facsimile: (000) 000-0000 Exhibit A CUSIP 92922F 7P 7 WaMu MORTGAGE PASS-THROUGH CERTIFICATE Class A-1A1 Evidencing a beneficial interest in a pool of assets consisting of beneficial interests in another pool of assets consisting of beneficial interests in another pool of assets consisting of, among other things, conventional one- to four-family mortgage loans formed by WaMu ASSET ACCEPTANCE CORP. This Certificate is issued by WaMu Mortgage Pass-Through Certificates Series 2005-AR17 Trust. This Certificate represents ownership of a “regular interest” in a “real estate mortgage investment conduit,” as those terms are defined in Sections 860G and 860D, respectively, of the Internal Revenue Code of 1986, as amended, together with certain rights specified in the Pooling Agreement. The issue date of this Certificate is December 21, 2005. Unless this Certificate is presented by an authorized representative of The Depository Trust Company, a New York corporation (“DTC”), to the Trust or its agent for registration of transfer, exchange, or payment, and any Certificate issued is registered in the name of Cede & Co. or such other name as is requested by an authorized representative of DTC (and any payment is made to Cede & Co. or to such other entity as is requested by an authorized representative of DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the registered owner hereof, Cede & Co., has an interest herein. Series 2005-AR17 Portion of the Class A-1A1 Principal Balance as of the Cut-Off Date Evidenced by this Certificate: $__________.00 Class A-1A1 Certificate Interest Rate: Variable Cut-Off Date: December 1, 2005 First Distribution Date: January 25, 2006 Last Scheduled Distribution Date: December 25, 2045 Class A-1A1 Principal Balance as of the Cut-Off Date: $617,784,000.00 Cede & Co. Registered Owner Certificate No. _...
Definition of Class LT Principal Reduction Amounts
