Class A Distributable Amount definition

Class A Distributable Amount means, with respect to any Distribution Date and each class of Class A Notes, the sum of (i) the Class A Interest Distributable Amount for such Distribution Date and (ii) the Class A Principal Distributable Amount for such Distribution Date.

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Class A Distributable Amount means, with respect to any Distribution Date, the sum of the Class A Principal Distributable Amount and the Class A Interest Distributable Amount.

Class A Distributable Amount means, with respect to any Payment Date, the sum of the Class A Principal Distributable Amount and the Class A Interest Distributable Amount.

Examples of Class A Distributable Amount in a sentence

• Full and complete payment of the Class A Distributable Amount on each Distribution Date is unconditionally and irrevocably guaranteed pursuant to the Policy.

• On each Determination Date, the Servicer shall also calculate the Available Interest, the Available Principal, the Class A Distributable Amount, the Class B Distributable Amount, the amount to be distributed to Certificateholders of each Class and all other distributions to be made on the related Distribution Date.

• On or before each Certificate Distribution Amount Determination Date, the Calculation and Paying Agent shall calculate the Available Interest, the Available Principal, the Class A Distributable Amount and the Class B Distributable Amount, each with respect to the related Distribution Date and, based on the Total Available Amount for such Distribution Date and the other distributions to be made on such Distribution Date, determine the amount distributable to Certificateholders of each class.

More Definitions of Class A Distributable Amount

Class A Distributable Amount means, for any Distribution Date, an amount equal to the sum of the Class A Principal Distributable Amount with respect to such Distribution Date and the Class A Interest Distributable Amount with respect to such Distribution Date.

Class A Distributable Amount. With respect to any Distribution Date, the sum of the Class A Principal Distributable Amount and the Class A Interest Distributable Amount.