Cash Deposit Distribution Amount definition

Cash Deposit Distribution Amount. With respect to each Distribution Date and Lower Tier Interest 6, an amount equal to 0.03% of the reduction in notional principal balance of the AS Class (as specified in the Prospectus Supplement) on such Distribution Date. With respect to each Distribution Date and Lower Tier Interest 7, an amount equal to 0.03% of the reduction in notional principal balance of the CS Class (as specified in the Prospectus Supplement) on such Distribution Date.
Sample 1
Cash Deposit Distribution Amount. With respect to each Distribution Date and Middle Tier Classes 3 and 4, an amount equal to 0.001% of the reduction in notional principal balance of the TP and TC Classes (as specified in the Prospectus Supplement), respectively, on such Distribution Date. Certificate or REMIC Certificate: A Guaranteed REMIC Pass-Through Certificate, in the case of all Classes of Certificates other than the Residual Certificates, issued in book-entry form and maintained in the name of a record owner as an entry on the books of a Reserve Bank under a designation specifying the Class and denomination thereof; and, in the case of the Residual Certificates, issued in fully registered, certificated form as authorized by this Trust Agreement.
Sample 1
Cash Deposit Distribution Amount. With respect to each Distribution Date and Lower Tier Interest 49, an amount equal to 0.02% of the reduction in notional principal balance of the VI Class (as specified in the Prospectus Supplement) on such Distribution Date. With respect to each Distribution Date and Lower Tier Interest 50, an amount equal to 0.02% of the reduction in notional principal balance of the IV Class (as specified in the Prospectus Supplement) on such Distribution Date.
Sample 1

Examples of Cash Deposit Distribution Amount in a sentence

  • On each Distribution Date, the Trustee shall withdraw the Cash Deposit Distribution Amount for such Distribution Date from the Cash Deposit, and shall deposit such Cash Deposit Distribution Amount into the Certificate Account for the distributions to be made on Lower Tier Classes 13, 14, 15, 16, 18, 19 and 20 on such Distribution Date, as described below.

  • On each Distribution Date, the Trustee shall withdraw the Cash Deposit Distribution Amount for such Distribution Date from the Cash Deposit, and shall deposit such Cash Deposit Distribution Amount into the Middle Tier Account for the distributions to be made on Middle Tier Classes 3 and 4 on such Distribution Date, as described below.


More Definitions of Cash Deposit Distribution Amount

Cash Deposit Distribution Amount. With respect to each Distribution Date and Lower Tier Classes 13, 14, 15 and 16, an amount equal to 0.001% of the reduction in notional principal balance of the QI, TI, DI and TP Classes (as specified in the Prospectus Supplement), respectively, on such Distribution Date. With respect to each Distribution Date and Lower Tier Classes 18, 19 and 20, an amount equal to 0.001% of the reduction in notional principal balance of the EI, UI and CI Classes (as specified in the Prospectus Supplement), respectively, on such Distribution Date.
Sample 1
Cash Deposit Distribution Amount. With respect to each Distribution Date, an amount equal to .0091666667% of the reduction in notional principal balance of the Group 15 SMBS on such Distribution Date.
Sample 1

Related to Cash Deposit Distribution Amount

  • Class Interest Distribution Amount As to each RCR Class and each Distribution Date, an amount equal to interest accrued during the related Interest Accrual Period (computed on the basis of a 360-day year consisting of twelve 30-day months) at the applicable Interest Rate on the Class Balance thereof immediately prior to such Distribution Date.

  • Interest Distribution Amount With respect to any Distribution Date and any Class A Certificates, any Mezzanine Certificates and any Class CE Certificates, the aggregate Accrued Certificate Interest on the Certificates of such Class for such Distribution Date.

  • Pool Distribution Amount As to any Distribution Date and Loan Group, the excess of (a) the sum of (i) the aggregate of (A) the interest portion of any Monthly Payment on a Mortgage Loan in such Loan Group (net of the Servicing Fee) and the principal portion of any Monthly Payment on a Mortgage Loan in such Loan Group due on the Due Date in the month in which such Distribution Date occurs and which is received prior to the related Determination Date (or in the case of any Monthly Covered Amount, the related Remittance Date) and (B) all Periodic Advances and payments of Compensating Interest made by the Servicer in respect of such Loan Group and Distribution Date deposited to the Servicer Custodial Account pursuant to Section 3.08(b)(vii); (ii) all Liquidation Proceeds received on the Mortgage Loans in such Loan Group during the preceding calendar month and deposited to the Servicer Custodial Account pursuant to Section 3.08(b)(iii); (iii) all Principal Prepayments (other than Total Covered Amounts) received on the Mortgage Loans in such Loan Group during the month preceding the month of such Distribution Date and deposited to the Servicer Custodial Account pursuant to Section 3.08(b)(i) during such period and all Total Covered Amounts received and deposited in the Servicer Custodial Account by the related Remittance Date; (iv) in connection with Defective Mortgage Loans in such Loan Group or Converted Mortgage Loans, as applicable, the aggregate of the Repurchase Prices and Substitution Adjustment Amounts deposited on the related Remittance Date pursuant to Section 3.08(b)(vi); (v) any other amounts in the Servicer Custodial Account deposited therein pursuant to Sections 3.08(b)(iv), (v) and (ix) in respect of such Distribution Date and such Loan Group; (vi) any Reimbursement Amount required to be included pursuant to Section 5.02(a) and (vii) any Recovery with respect to such Distribution Date over (b) any (i) amounts permitted to be withdrawn from the Servicer Custodial Account pursuant to clauses (i) through (vii), inclusive, of Section 3.11(a) in respect of such Loan Group and (ii) amounts permitted to be withdrawn from the Certificate Account pursuant to clauses (i) and (ii) of Section 3.11(b) in respect of such Loan Group.

  • Class IO Distribution Amount As defined in Section 5.07(f) hereof. For purposes of clarity, the Class IO Distribution Amount for any Distribution Date shall equal the amount payable to the Supplemental Interest Trust on such Distribution Date in excess of the amount payable on the Class IO Interest on such Distribution Date, all as further provided in Section 5.07(f) hereof.

  • Tax Distribution Amount means, with respect to a Member’s Units, whichever of the following applies with respect to the applicable Tax Distribution, in each case in amount not less than zero:

  • Class A Interest Distribution Amount means, as to each Class of Class A Certificates and any Remittance Date, the sum of the amounts specified in clause (a)(i), (a)(ii), (a)(iii), (a)(iv), (a)(v) and (a)(vi), as appropriate, of the definition of the term "Class A Formula Distribution Amount" and the Unpaid Class A Interest Shortfall, if any, with respect to such Class.

  • Extra Principal Distribution Amount As of any Distribution Date, the lesser of (x) the related Total Monthly Excess Spread for such Distribution Date and (y) the related Subordination Deficiency for such Distribution Date.

  • Class B Distribution Amount Any of the Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 or Class B-6 Distribution Amounts.

  • Principal Distribution Amount For any Distribution Date, the sum of (i) the Basic Principal Distribution Amount for such Distribution Date and (ii) the Extra Principal Distribution Amount for such Distribution Date.

  • REMIC I Distribution Amount For any Distribution Date, the REMIC I Available Distribution Amount shall be distributed to the REMIC I Regular Interests and the Class R-1 Residual Interest in the following amounts and priority:

  • Certificate Distribution Amount means, as of any Payment Date, the amount being distributed to the Trust Certificateholders on such Payment Date.

  • Class Principal Distribution Amount As to each RCR Class, an amount as to principal equal to (i) the concurrent distribution of principal in respect of the related REMIC Class or Classes multiplied by (ii) a fraction the numerator of which is the Aggregate Denomination of such RCR Class and the denominator of which is the Initial Authorized Denomination of such RCR Class. Code: The Internal Revenue Code of 1986, as amended, including any successor or amendatory provisions.

  • REMIC IV Distribution Amount shall not cause a reduction in the Class Principal Balances of any of the Classes of REMIC IV Regular Interests; and

  • Cash Flow Distribution Amount As to any calendar month, the aggregate amount of principal distributable in respect of the Mortgage Securities in such calendar month.

  • Class A Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the aggregate Class Certificate Balances of the Class A Certificates immediately prior to such Distribution Date over (ii) the lesser of (A) 54.50% of the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date and (B) the excess, if any, of the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date over $3,608,680.