Common use of Pool Subordinate Amount Clause in Contracts

Pool Subordinate Amount. As to each Mortgage Pool and any Distribution Date, the excess of the Pool Balance as of the first day of the preceding calendar month, as reduced by Scheduled Payments due on such day for such Mortgage Pool, over the Class Principal Amount of the Class A1 Certificates (in the case of Pool 1) or the aggregate Class Principal Amount of the Pool 2 Certificates (in the case of Pool 2), in each case, immediately before such Distribution Date.

Appears in 1 contract

Samples: Trust Agreement (Fremont Home Loan Trust 2004-3)

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Pool Subordinate Amount. As to each any Mortgage Pool and any Distribution Date, the excess of the Pool Balance as of the first day of the preceding calendar month, as reduced by Scheduled Payments due on such day for such Mortgage Pool, Pool over the aggregate Class Principal Amount of the Class A1 IA1, Class IA2 and Class IA3 Certificates (in the case of Pool 1) or the aggregate Class Principal Amount of the Pool 2 Class IIA Certificates (in the case of Pool 2), in each case, immediately before such Distribution Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (AEGIS ASSET BACKED SECURITIES TRUST Mortgage Pass-Through Certificates, Series 2004-5)

Pool Subordinate Amount. As to each any Mortgage Pool and any Distribution Date, the excess of the Pool Balance as of the first day of the preceding calendar month, as reduced by Scheduled Payments due on such day for such Mortgage Pool, Pool over the aggregate Class Principal Amount of the Class A1 IA1, Class IA2, Class IA3 and Class IA4 Certificates (in the case of Pool 1) or the aggregate Class Principal Amount of the Pool 2 Class IIA Certificates (in the case of Pool 2), in each case, immediately before such Distribution Date.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Aegis Asset Backed Securities Trust Mortgage Pass-Through Certificates, Series 2005-4)

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Pool Subordinate Amount. As to each any Mortgage Pool and any Distribution Date, the excess of the Pool Balance as of the first day of the preceding calendar month, as reduced by Scheduled Payments due on such day for such Mortgage Pool, Pool over the aggregate Class Principal Amount of the Class A1 IA1, Class IA2, Class IA3 and Class IA4 Certificates (in the case of Pool 1) or the aggregate Class Principal Amount of the Pool 2 Class IIA Certificates (in the case of Pool 2), in each case, immediately before such Distribution Date. Pre Cut-off Date Servicing Advances: None.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Aegis Asset Backed Securities Trust Mortgage Pass-Through Certificates, Series 2005-5)

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