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 Mortgage Loan Group II for such Distribution Date (net of 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 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 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.
Examples of Class A-4 Principal Distribution Amount in a sentence
Payment of Class A-4 Principal Distribution Amount from Reserve Account Draw Amount $ - 7.
Payment of Class A-4 Principal Distribution Amount As First Priority Principal Payment Account $ - 5.
Payment of Class A-4 Principal Distribution Amount from Priority Note Principal Payment Account $ -- 6.
Payment of Class A-4 Principal Distribution Amount from Reserve Account $ -- 8.
Payment of Class A-4 Principal Distribution Amount from Available Funds $ -- 7.
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 defined in SECTION 4.02(b)(i).
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.
Class A-4 Principal Distribution Amount. For any Distribution Date, an amount equal to the sum of (i) the Class A-4 Adjusted Percentage of the Principal Payment Amount (exclusive of the portion thereof attributable to principal distributions to the Class P Certificates pursuant to clause (I)(i) of the definition of "Certificate Distribution Amount"), (ii) the Class A-4 Prepayment Percentage of the Principal Prepayment Amount (exclusive of the portion thereof attributable to principal distributions to the Class P Certificates pursuant to clause (I)(i) of the definition of "Certificate Distribution Amount"), and (iii) the Class A-4 Liquidation Amount.