Aggregate Principal Distribution Amount definition

Aggregate Principal Distribution Amount. For any Distribution Date, an amount equal to the sum of the following amounts:
Aggregate Principal Distribution Amount. The amount specified in the Trust Agreement.
Aggregate Principal Distribution Amount. For any Distribution Date, an amount equal to the sum of the following amounts (which, for the avoidance of doubt, will not include any amounts received with respect to the Trust Subordinate Companion Loans):

Examples of Aggregate Principal Distribution Amount in a sentence

  • The Certificate Administrator shall calculate the Principal Distribution Amount, the VRR Principal Distribution Amount, the Aggregate Principal Distribution Amount, the Interest Distribution Amounts, the VRR Interest Distribution Amount and the VRR Realized Loss Interest Distribution Amount for each Distribution Date and shall allocate such amounts among Certificateholders in accordance with this Agreement.

  • The Certificate Administrator shall calculate the Principal Distribution Amount, the VRR Principal Distribution Amount, the Aggregate Principal Distribution Amount, the Interest Distribution Amounts, the VRR Interest Distribution Amount and the VRR Realized Loss Interest Distribution Amount for each Distribution Date and shall allocate such amounts among Certificateholders and the Uncertificated VRR Interest Owner in accordance with this Agreement.

  • The Certificate Administrator shall calculate the Principal Distribution Amount, the VRR Principal Distribution Amount, the Aggregate Principal Distribution Amount, the Interest Distribution Amounts, the VRR Interest Distribution Amount and the VRR Realized Loss Interest Distribution Amount for each Distribution Date and shall allocate such amounts among Certificateholders and the Uncertificated VRR Interest Owners in accordance with this Agreement.

  • The Certificate Administrator shall calculate the Principal Distribution Amount, the VRR Principal Distribution Amount, the Aggregate Principal Distribution Amount and the VRR Realized Loss Interest Distribution Amount for each Distribution Date and shall allocate such amounts among Certificateholders in accordance with this Agreement.

  • The Certificate Administrator shall calculate the Principal Distribution Amount, the Aggregate Principal Distribution Amount, the 000 Xxxxx Xxxxxx Principal Distribution Amount, the Interest Distribution Amounts and the 000 Xxxxx Xxxxxx Interest Distribution Amount for each Distribution Date and shall allocate such amounts among Certificateholders in accordance with this Agreement.


More Definitions of Aggregate Principal Distribution Amount

Aggregate Principal Distribution Amount. With respect to any Distribution Date, an amount equal to the sum of the following amounts: (a) the Scheduled Principal Distribution Amount for such Distribution Date and (b) the Unscheduled Principal Distribution Amount for such Distribution Date; provided that the Aggregate Principal Distribution Amount for any Distribution Date shall be reduced, to not less than zero, by the amount of any reimbursements of (A) Nonrecoverable Advances (including any servicing advance with respect to the Non-Serviced Mortgage Loan under the related Non-Serviced PSA reimbursed out of general collections on the Mortgage Loans), with interest on such Nonrecoverable Advances at the Reimbursement Rate that are paid or reimbursed from principal collections on the Mortgage Loans in a period during which such principal collections would have otherwise been included in the Aggregate Principal Distribution Amount for such Distribution Date and (B) Workout-Delayed Reimbursement Amounts paid or reimbursed from principal collections on the Mortgage Loans in a period during which such principal collections would have otherwise been included in the Aggregate Principal Distribution Amount for such Distribution Date (provided that, in the case of clauses (A) and (B) above, if any of the amounts that were reimbursed from principal collections on the Mortgage Loans (including REO Loans) are subsequently recovered on the related Mortgage Loan (or REO Loan), such recovery will increase the Aggregate Principal Distribution Amount for the Distribution Date related to the period in which such recovery occurs).
Aggregate Principal Distribution Amount. With respect to any Distribution Date, an amount equal to the sum of the following amounts (which, for the avoidance of doubt, will not include any amounts received with respect to any Trust Subordinate Companion Loan or successor REO Companion Loan):
Aggregate Principal Distribution Amount. With respect to any Distribution Date, REMIC I, and each Pool, the Aggregate Principal Distribution Amount shall be an amount equal to the sum of (i) the Principal Prepayment Amount for the Mortgage Loans in such Pool, (ii) the principal portion of all Scheduled Payments due on the Mortgage Loans in such Pool during the related Due Period, whether or not received, and (iii) the excess of the Aggregate Principal Distribution Amount for such Pool on the prior Distribution Date over the principal amount actually paid on the Certificates or Interests on such date plus, for the first Distribution Date, the Reconciliation Amount, if any.
Aggregate Principal Distribution Amount. With respect to any --------------------------------------- Distribution Date, an amount equal to the sum of [(a) the Principal Prepayment Amount for the Pool I Mortgage Assets, (b) the Principal Prepayment Amount for the Pool II Mortgage Assets, (c) the principal portion of all Monthly Payments due on the Mortgage Assets during the related Due Period, whether or not received and (d) the excess of the Aggregate Principal Distribution Amount on the prior Distribution Date over the principal actually paid on the Certificates on that date.]
Aggregate Principal Distribution Amount means, with respect to any Distribution Date, the aggregate of the Principal Distribution Amounts for both Loan Groups for such Distribution Date.
Aggregate Principal Distribution Amount means, for any Payment Date (other than the Final Scheduled Payment Date), the sum of the Principal Distribution Amounts for all Advances then outstanding. The Aggregate Principal Distribution Amount on the Final Scheduled Payment Date will equal the aggregate outstanding principal amount of the Note.