Common use of Pool Subordinate Amount Clause in Contracts

Pool Subordinate Amount. As to any Mortgage Pool and any Distribution Date, the excess of the Pool Balance for such Mortgage Pool for such Distribution Date over the Class Principal Amount of the Class A1 Certificates (in the case of Pool 1), the Class Principal Amount of the Class A2 Certificates (in the case of Pool 2) and the Class Principal Amount of the Class A3 Certificates (in the case of Pool 3), in each case, immediately prior to the related Distribution Date.

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Investment Loan Trust 2004-4)

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Pool Subordinate Amount. As to any Mortgage Pool and any Distribution Date, the excess of the Pool Balance for such Mortgage Pool for such Distribution Date as of the first day of the immediately preceding Collection Period over the sum of the Class Principal Amount Amounts of the Class A1 A1, Class A2 and Class A3 Certificates (in the case of Pool 1), ) or the Class Principal Amount of the Class A2 A4 Certificates (in the case of Pool 2) and the Class Principal Amount of the Class A3 Certificates (in the case of Pool 3), in each case, immediately prior to the related Distribution Date.

Appears in 1 contract

Samples: Trust Agreement (First Franklin Mortgage Loan Trust 2005-Ff3)

Pool Subordinate Amount. As to any Mortgage Pool and any Distribution Date, the excess of the Pool Balance for such Mortgage Pool for such Distribution Date over the aggregate Class Principal Amount Amounts of the Class A1 1-A1, Class 1-A2 and Class 1-A3 Certificates (in the case of Pool 1), the Class Principal Amount of the Class A2 2-A Certificates (in the case of Pool 2) and the aggregate Class Principal Amount Amounts of the Class A3 3-A1 and Class 3-A2 Certificates (in the case of Pool 3), in each case, immediately prior to the related Distribution Date.

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Inv Loan Mort Pass THR Certs Ser 2003-Bc6)

Pool Subordinate Amount. As to any Mortgage Pool and any Distribution Date, the excess of the Pool Balance for such Mortgage Pool for such Distribution Date over the aggregate Class Principal Amount of the Class A1 Certificates (in the case of Pool 1), the Class Principal Amount of the and Class A2 Certificates (in the case of Pool 21) and or the aggregate Class Principal Amount of the Class A3 and Class A4 Certificates (in the case of Pool 32), in each case, immediately prior to the related Distribution Date.

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Investment Loan Trust 2004-Bnc1)

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Pool Subordinate Amount. As to any Mortgage Pool and any Distribution Date, the excess of the Pool Balance for such Mortgage Pool for such Distribution Date over the aggregate Class Principal Amount of the Class 1-A1 and Class 1-A2 Certificates (in the case of Pool 1), the Class Principal Amount of the Class A2 2-A Certificates (in the case of Pool 2) and the aggregate Class Principal Amount of the Class A3 3-A1, Class 3-A2, Class 3-A3, Class 3-A4 and Class 3-A5 Certificates (in the case of Pool 3), in each case, immediately prior to the related Distribution Date.

Appears in 1 contract

Samples: Custodial Agreement (Structured Asset Sec Corp Mort Pas THR Certs Ser 2003 Bc10)

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