Remaining Principal Distribution Amount. With respect to any Distribution Date, the sum of (a) the Pre-Stepdown Remaining Principal Distribution Amount remaining after the distributions set forth in clause (ii)(A) through (ii)(K) of Section 4.02(b) and (b) the Post-Stepdown Remaining Principal Distribution Amount remaining after the distributions set forth in clauses (ii)(A) through (ii)(K) of Section 4.02(c), each for that Distribution Date.
Remaining Principal Distribution Amount. On each Distribution Date, the excess of (x) the Group 1 Principal Distribution Amount over (y) the amount distributed pursuant to the immediately preceding paragraph (such excess, the “Group 1 Remaining Principal Distribution Amount”) will be distributed as principal of the Group 1 Certificates, in the following order of priority:
Remaining Principal Distribution Amount. 38 REMIC........................................................................................................38 REMIC 1......................................................................................................38
Remaining Principal Distribution Amount. With respect to any Distribution Date, the sum of (a) the Pre-Stepdown Remaining Principal Distribution Amount remaining after the distributions set forth in clauses (v)(A) through (v)(I) of Section 4.02(b) and (b) the Post-Stepdown Remaining Principal Distribution Amount remaining after the distributions set forth in clauses (v)(A) through (v)(I) of Section 4.02(c), each for that Distribution Date. REMIC ----- A "real estate mortgage investment conduit" within the meaning of section 860D of the Code. REMIC 1 ------- As defined in the Preliminary Statement. REMIC 2 ------- As defined in the Preliminary Statement. REMIC 1 Accrual Class --------------------- As defined in the Preliminary Statement. REMIC Change of Law ------------------- Any proposed, temporary or final regulation, revenue ruling, revenue procedure or other official announcement or interpretation relating to REMICs and the REMIC Provisions issued after the Closing Date. REMIC Provisions ---------------- Provisions of the federal income tax law relating to real estate mortgage investment conduits, which appear at sections 860A through 860G of part IV of subchapter M of chapter 1 of subtitle A of the Code, and related provisions, and regulations promulgated thereunder, as the foregoing may be in effect from time to time, as well as provisions of applicable state laws. REO Property ------------ A Mortgaged Property acquired by the Trust Fund through foreclosure or deed-in-lieu of foreclosure in connection with a defaulted Loan. Request for Release ------------------- The Request for Release submitted by the Servicer to the Trustee, substantially in the form of Exhibit J. Required Insurance Policy ------------------------- With respect to any Loan, any insurance policy that is required to be maintained from time to time under this Agreement. Reserve Fund ------------ The account established and maintained by the Trustee pursuant to Section 3A.02. Responsible Officer ------------------- When used with respect to the Trustee, any officer assigned to the Corporate Trust Division of the Trustee (or any successor thereto), including any Vice President, any Assistant Vice President, the Secretary, any Assistant Secretary, any Trust Officer or any other officer of the Trustee customarily performing functions similar to those performed by any of the above designated officers and having direct responsibility for the administration of this Agreement.
