Class A-4 Principal Distribution Amount definition

Class A-4 Principal Distribution Amount. With respect to any Payment Date following the Class A-3 Termination Date, an amount equal to the lesser of (x) the Remaining Group I Principal Distribution Amount for such Payment Date and (y) the amount necessary to reduce the Class A-4 Principal Balance (as it was immediately prior to such Payment Date) to zero. On the Class A-3 Termination Date any portion of the Remaining Group I Principal Distribution Amount for such Payment Date remaining on such Payment Date following the reduction to zero of the Class A-3 Principal Balance shall be distributed as the initial principal distribution on the Class A-4 Group I Certificates.
Class A-4 Principal Distribution Amount. With respect to the Class A-4 Certificates for any Distribution Date, the lesser of (x) the Principal Distribution Amount for such Distribution Date (net of the Class A-1 Principal Distribution Amount, the Class A-2 Principal Distribution Amount and the Class A-3 Principal Distribution Amount), or (y) the Class A-4 Certificate Principal Balance as of such Distribution Date.
Class A-4 Principal Distribution Amount. With respect to the Class A-4 Certificates for any Distribution Date prior to the Class A-3 Certificate Termination Date, zero. On the Class A-3 Certificate Termination Date, the lesser of (i) the excess of (x) the Remaining Principal Distribution Amount as of the Class A-3 Certificate Termination Date over (y) the Class A-3 Certificate Principal Balance on the Class A-3 Certificate Termination Date before making distributions on such date and (ii) the Class A-4 Certificate Principal Balance. With respect to the Class A-4 Certificates for any Distribution Date following the Class A-3 Certificate Termination Date, the lesser of (x) the Remaining Principal Distribution Amount as of such Distribution Date and (y) the Class A-4 Certificate Principal Balance as of such Distribution Date. On the Class A-4 Certificate Termination Date any remaining portion of the Remaining Principal Distribution Amount shall be distributed with respect to the Class A-5 Certificates.

More Definitions of Class A-4 Principal Distribution Amount

Class A-4 Principal Distribution Amount. Means as to any Distribution Date the product of (x) the applicable Class A-4 Lockout Percentage for such Distribution Date and (y) the Class A-4 Pro Rata Distribution Amount for such Distribution Date, not to exceed the Senior Principal Distribution Amount.
Class A-4 Principal Distribution Amount. For any Distribution Date, the sum of:
Class A-4 Principal Distribution Amount. As defined in Section 4.02(b)(i).
Class A-4 Principal Distribution Amount. As of any Distribution Date will equal the product of (a) a fraction, the numerator of which is equal to the Outstanding Certificate Principal Balance of the Class A-R and Class A-4 Certificates and the denominator of which is the Non-PO Class A Principal Balance and (b) the Non-PO Class A Optimal Principal Amount.
Class A-4 Principal Distribution Amount. As to any Distribution Date, the lesser of (A) the greater of (i) the product of (x) the Class A Principal Distribution Amount for such Distribution Date and (y) a fraction, the numerator of which is the Class A-4 Certificate Principal Balance immediately prior to such Distribution Date, and the denominator of which is the Class A Certificate Principal Balance immediately prior to such Distribution Date, and (ii) the excess, if any, of (x) the Class A-4 Certificate Principal Balance immediately prior to such Distribution Date over (y) the aggregate Loan Balance of the Mortgage Loans in the Adjustable Rate Loan Group as of the last day of the related Remittance Period and (B) the Class A Principal Distribution Amount. On the Class A-4 Certificate Termination Date, any excess of (a) the amount described in clause (x) of the preceding paragraph over (b) the amount described in clause (y) of the preceding paragraph shall be distributed as principal with respect to the Class A Certificates (other than the Class A-4 Certificates), as elsewhere provided herein.
Class A-4 Principal Distribution Amount. With respect to any Distribution Date, an amount, not less than zero, equal to the excess of (x) the Certificate Principal Balance of the Class A-4 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 69.00% and (ii) the aggregate Stated Principal Balance of the Group III Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Group III Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) minus $2,294,866.
Class A-4 Principal Distribution Amount. For any Distribution Date, the sum of (i) the Class A-4 Percentage of the Principal Payment Amount for Group II (exclusive of the portion thereof attributable to the Class P Principal Distribution Amount), (ii) the Class A-4 Prepayment Percentage of the Principal Prepayment Amount for Group II (exclusive of the portion thereof attributable to the Class P Principal Distribution Amount), and (iii) the Class A-4 Liquidation Amount.