Aggregate Certificate Principal Balance definition

Aggregate Certificate Principal Balance. At any given time, the sum of the then current Class Principal Balances of the Certificates.

Aggregate Certificate Principal Balance. For any date of determination, the sum of the Class A Certificate Principal Balance, the Class R Certificate Principal Balance, the Class M-1 Certificate Principal Balance, the Class M-2 Certificate Principal Balance, the Class M-3 Certificate Principal Balance, the Class B-1 Certificate Principal Balance, the Class B-2 Certificate Principal Balance and the Class B-3 Certificate Principal Balance, in each case as of such date of determination.

Aggregate Certificate Principal Balance. For any date of determination, the sum of the Class A-1 Certificate Principal Balance, the Class A-2A Certificate Principal Balance, the Class A-2B Certificate Principal Balance, the Class A-2C Certificate Principal Balance, the Class A-2D Certificate Principal Balance, the Class R Certificate Principal Balance, the Class M-1 Certificate Principal Balance, the Class M-2 Certificate Principal Balance, the Class M-3 Certificate Principal Balance, the Class M-4 Certificate Principal Balance, the Class M-5 Certificate Principal Balance, the Class M-6 Certificate Principal Balance, the Class B-1 Certificate Principal Balance, the Class B-2 Certificate Principal Balance and the Class B-3 Certificate Principal Balance, in each case as of such date of determination.

Examples of Aggregate Certificate Principal Balance in a sentence

• For the purposes of such provision and except as provided below, voting rights related to 100% of the Aggregate Certificate Principal Balance of any Class will be allocated pro rata (by Certificate Principal Balance) among the Certificates of such Class.

• Except as otherwise specifically provided herein, whenever Certificateholder approval, authorization, direction, notice, consent, waiver, or other action is required hereunder, such approval, authorization, direction, notice, consent, waiver or other action shall be deemed to have been given or taken on behalf of, and shall be binding upon, all Certificateholders if agreed to by Holders of Certificates representing, in the aggregate, 51% or more of the Aggregate Certificate Principal Balance.

• A Certificateholder holding Certificates representing in the aggregate at least 5% of the Aggregate Certificate Principal Balance shall have the rights of inspection afforded to the Trustee pursuant to this Section 5.04.

• If an Event of Termination has occurred and is continuing, either the Trustee or Certificateholders, in the aggregate, representing 25% or more of the Aggregate Certificate Principal Balance, by notice in writing to the Servicer (and to the Trustee if given by the Certificateholders) may terminate all (but not less than all) of the Servicer's management, administrative, servicing and collection functions (such termination being herein called a "Service Transfer").

• For the purposes of such provision and except as provided below, voting rights relating to 100% of the Aggregate Certificate Principal Balance will be allocated pro rata (by Certificate Principal Balance) among such Certificates.

More Definitions of Aggregate Certificate Principal Balance

Aggregate Certificate Principal Balance. As of any date of determination thereof, the sum of the then outstanding Certificate Principal Balance of the Class A Certificates, the Mezzanine Certificates and the Class B Certificates.

Aggregate Certificate Principal Balance. For any date of determination, the sum of the Class A-1 Certificate Principal Balance, the Class A-2A Certificate Principal Balance, the Class A-2B Certificate Principal Balance, the Class A-2C Certificate Principal Balance, the Class R Certificate Principal Balance, the Class M-1 Certificate Principal Balance, the Class M-2 Certificate Principal Balance, the Class M-3 Certificate Principal Balance, the Class M-4 Certificate Principal Balance, the Class M-5 Certificate Principal Balance, the Class M-6 Certificate Principal Balance, the Class B-1 Certificate Principal Balance, the Class B-2 Certificate Principal Balance and the Class B-3 Certificate Principal Balance, in each case as of such date of determination.

Aggregate Certificate Principal Balance means the sum of the Class A-1A ARM, Class A- 1B ARM, Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class M-1, Class M-2, Class B-1 and Class B-2 Principal Balances.

Aggregate Certificate Principal Balance. With respect to any Distribution Date means the sum of the Certificate Principal Balances of all Classes of the Offered Certificates. The Aggregate Certificate Principal Balance for a particular Mortgage Loan Group is the sum of the Certificate Principal Balances of all Classes of the Offered Certificates relating to such Group.

Aggregate Certificate Principal Balance. For the Residual Class Certificates as of any date of determination, the aggregate principal balance of the Term Assets in the Trust as of such date of determination. For the Amortizing Class Certificates as of any date of determination, the Aggregate Amortized Amount as of such date of determination.

Aggregate Certificate Principal Balance means the sum of the Sub-Pool HI Certificate Principal Balance and the Sub-Pool HE Certificate Principal Balance.

Aggregate Certificate Principal Balance. As of any time of determination, the sum of the Aggregate Class A Certificate Principal Balance plus the Class B Certificate Principal Balance. Unless otherwise specified herein with respect to any particular provision with respect to a Payment Date the "Aggregate Certificate Principal Balance" shall be calculated after taking into account the Class A Principal Distribution Amount and the Class B Principal Distribution Amount on such Payment Date.