Examples of Class A Interest Distribution Amount in a sentence
Accrued certificate interest (less Prepayment Interest Shortfalls to the extent not covered by the Master Servicer and any shortfalls resulting from application of the Servicemembers Civil Relief Act) plus any previously unpaid interest, first, to the Senior Certificates as described under "Class A Interest Distribution Amount", second to the Class M-1 Certificates, third to the Class M-2 Certificates and fourth, to the Class M-3 Certificates.
Prepayment Interest Shortfalls resulting from a Principal Prepayment of a Mortgage Loan during any Prepayment Period and Relief Act Shortfalls will be applied first, to reduce the Class A Interest Distribution Amount payable on the related Distribution Date as set forth in the definition of the Class A Interest Distribution Amount and second, to reduce the Class S Interest Distribution Amount payable on the related Distribution Date, in respect of such Mortgage Loan.
I-23 Current Class A Interest Distribution Amount.......................................................
The holders of the Class A Notes shall be entitled to the Class A Interest Distribution Amount payable on each Payment Date in accordance with Section 5.05 of the Indenture and the holders of the Class B Notes shall be entitled to the Class B Interest Distribution Amount payable on each Payment Date in accordance with Section 5.05 of the Indenture.
Class A Interest Distribution Amount: As defined in Section 4.02(c)(i).