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 aggregate Class Principal Amounts of the Class 1-A1, Class 1-A2 and Class 1-A3 Certificates (in the case of Pool 1), the Class Principal Amount of the Class 2-A Certificates (in the case of Pool 2) and the aggregate Class Principal Amounts of the Class 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)

AutoNDA by SimpleDocs

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 Amounts Amount of the Class 1-A1, A1 and Class 1-A2 and Class 1-A3 Certificates (in the case of Pool 1), the Class Principal Amount of the Class 2-A Certificates (in the case of Pool 2) and the aggregate Class Principal Amounts Amount of the Class 3-A1 A1, Class 3-A2, Class 3-A3, Class 3-A4 and Class 3-A2 A5 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 Sec Corp Mort Pas THR Certs Ser 2003 Bc10)

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 Amounts Amount of the Class 1-A1, Class 1-A2 A1 and Class 1-A3 A2 Certificates (in the case of Pool 1), ) or the aggregate Class Principal Amount of the Class 2-A A3 and Class A4 Certificates (in the case of Pool 2) and the aggregate Class Principal Amounts of the Class 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 Investment Loan Trust 2004-Bnc1)

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 aggregate sum of the Class Principal Amounts of the Class 1-A1, Class 1-A2 and Class 1-A3 Certificates (in the case of Pool 1), ) or the Class Principal Amount of the Class 2-A A4 Certificates (in the case of Pool 2) and the aggregate Class Principal Amounts of the Class 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 (First Franklin Mortgage Loan Trust 2005-Ff3)

AutoNDA by SimpleDocs

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 Amounts Amount of the Class 1-A1, Class 1-A2 and Class 1-A3 A1 Certificates (in the case of Pool 1), the Class Principal Amount of the Class 2-A A2 Certificates (in the case of Pool 2) and the aggregate Class Principal Amounts Amount of the Class 3-A1 and Class 3-A2 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)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!