A-6 Accretion Termination Date definition

A-6 Accretion Termination Date. The earlier to occur of (x) the Distribution Date on which the Class Principal Amount of the Class 1-A-5 Certificates has been reduced to zero; and (y) the Distribution Date on which the aggregate Class Principal Amount of the Subordinate Certificates has been reduced to zero.
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Examples of A-6 Accretion Termination Date in a sentence

  • Any such Monthly Interest Distributable Amount on the Class A-6 Certificates which is required to be paid to the holders of the Class A-4 Certificates and Class A-5 Certificates on such Class A-6 Accretion Termination Date will be added to the Certificate Principal Balance of the Class A-6 Certificates in the manner described in the first sentence of this Section 4.01(i).

  • Prior to the Class A-6 Accretion Termination Date, interest otherwise available for distribution with respect to this Certificate will not be distributed as interest on this Certificate but such amount will be added to the principal balance of this Certificate on each Distribution Date.

  • Any such Accrued Certificate Interest on the Class A-6 Certificates which is required to be paid to the Holders of the Class A-4 Certificates and Class A-5 Certificates in reduction of their Certificate Principal Balances on the Class A-6 Accretion Termination Date will be added to the Certificate Principal Balance of the Class A-6 Certificates in the manner described in the first sentence of this Section 4.02(g).

  • On each Distribution Date occurring prior to the Class A-6 Accretion Termination Date, an amount equal to the Class A-6 Accrual Distribution Amount, if any, for such Distribution Date will be allocated sequentially in reduction of the Class A Subclass Principal Balances of the Class A-3, Class A-7, Class A-5 and Class A-6 Certificates, in that order, until the Class A Subclass Principal Balance of each such Subclass has been reduced to zero.

  • Any such Accrued Certificate Interest on the Class A-6 Certificates which is paid to the Holders of the Class A-5 Certificates, in reduction of their Current Principal Amounts on the Class A-6 Accretion Termination Date will be added to the Current Principal Amounts of the Class A-6 Certificates in the manner described in the first sentence of this Section 6.01(o).