Civil Relief Shortfall Amount definition

Civil Relief Shortfall Amount. For any Distribution Date and any interest-bearing Class or Subclass of Certificates, the pro rata share allocated thereto, based on the amount of interest accrued thereon at the applicable Certificate Rate during the related Interest Accrual Period, of the aggregate of the Civil Relief Shortfalls for all Mortgage Loans for the related Collection Period.
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Examples of Civil Relief Shortfall Amount in a sentence

  • For a Distribution Date and any Class A Subclass and Class M Subclass, the sum of (x) any Civil Relief Shortfall Amount for such Subclass for such Distribution Date and (y) the aggregate of all Civil Relief Shortfall Amounts for such Subclass for all prior Distribution Dates, minus the aggregate amount of payments made in respect thereof on all prior Distribution Dates pursuant to Section 13.01(b)(1)(f).

  • For any Interest Accrual Period and for each Subclass of Floating Rate Certificates, the amount of interest accrued thereon at the applicable Formula Rate, minus any Civil Relief Shortfall Amount and any Non-Supported Interest Shortfall allocated to such Subclass on the related Distribution Date.

  • For a Distribution Date and any Class A Subclass and Class M Subclass, the sum of (x) any Civil Relief Shortfall Amount for such Subclass for such Distribution Date and (y) the aggregate of all Civil Relief Shortfall Amounts for such Subclass for all prior Distribution Dates, minus the aggregate amount of payments made in respect thereof on all prior Distribution Dates pursuant to Section 13.01(b)(1)(k), in the case of Group 1 Certificates, or Section 13.01(b)(2)(k), in the case of Group 2 Certificates.

  • For any Interest Accrual Period and for each Subclass, the amount of interest accrued thereon at the applicable Certificate Rate, minus any Civil Relief Shortfall Amount, any Non-Supported Prepayment Interest Shortfall and any Non-Supported Simple Interest Shortfall allocated to such Subclass on the related Distribution Date.