Class A Certificate Principal Balance definition

Class A Certificate Principal Balance. As of any time of determination, the Certificate Principal Balance as of the Start-up Day of all Class A Certificates less any amounts actually distributed on such Class A Certificates with respect to the Class A Distribution Amount pursuant to Section 7.03(c)(iii)(D) with respect to principal thereon on all prior Distribution Dates (except, for purposes of effecting the Certificate Insurer's subrogation rights, that portion of Insured Payments made in respect of principal).
Class A Certificate Principal Balance. As of any date of determination, the aggregate Certificate Principal Balance of the Class A Certificates.

Examples of Class A Certificate Principal Balance in a sentence

  • Upon written request by three or more Owners of the Class A Certificates who in aggregate hold Certificates that evidence not less than 25% of the aggregate Class A Certificate Principal Balance and such request is accompanied by a copy of the communication that such Owners propose to transmit, the Trustee or the Certificate Registrar will provide such Owners with a list of the names and addresses of all Owners of record as of the most recent Record Date.

  • You agree to promptly notify us if you have any change of address.

  • If by the end of the Funding Period amounts on deposit in the Pre-Funding Account have not been fully applied to the purchase of Subsequent Mortgage Loans, the portion of the amounts on deposit in the Pre-Funding Account that is remaining at the end of the Funding Period (net of reinvestment income payable to the Originator) will be applied to reduce the Class [A] Certificate Principal Balance.

  • At the Closing Date, the Class A Certificate Principal Balance will be equal to or less than the aggregate principal balance of the Mortgage Loans in the Mortgage Pool as of the Cut-off Date.

  • Therefore, the actual Outstanding principal amount of this Certificate may, on any date subsequent to July 27, 1998 (the first Payment Date) be less than the Original Class A Certificate Principal Balance set forth above.


More Definitions of Class A Certificate Principal Balance

Class A Certificate Principal Balance. As of any time of determination, the Certificate Principal Balance as of the Startup Day of all Class A Certificates less the aggregate of all amounts actually distributed on account of the Principal Distribution Amounts pursuant to Section 7.03(b)(iii) hereof with respect to principal thereon on all prior Distribution Dates; provided, however, that solely for purposes of determining the Certificate Insurer's rights, as subrogee, the Class A Certificate Principal Balance shall not be reduced by any principal amount paid to the Owner thereof from Insured Payments.
Class A Certificate Principal Balance. As of any time of determination, the Original Class A Certificate Principal Balance less any amounts actually distributed as part of the Class A Distribution Amount pursuant to Section 7.5(b)(iv) hereof with respect to principal thereon on all prior Payment Dates.
Class A Certificate Principal Balance. With respect to any Payment Date, (a) the Original Class A Certificate Principal Balance less (b) the aggregate of amounts actually distributed as principal on the Class A Certificates.
Class A Certificate Principal Balance. As of any time of determination, the Original Certificate Principal Balance less any amounts distributed with respect to principal thereon on all prior Distribution Dates.