Examples of Class B-1 Formula Distribution Amount in a sentence

Amount by which Class B-1 Formula Distribution Amount (lines 17(c) and (d), 42, 49(b)) exceeds Class B-1 Distribution Amount (lines 17(e), 43, 49(c)) $ 0.00 -------------- CERTIFICATES FOR HOME IMPROVEMENT AND HOME EQUITY LOANS 1999-B MONTHLY REPORT December 1999 PAGE 7 Distribution Date: 1/18/00 CUSIP# 393511 AA8,AB6 AC4,AD2,AE0,AF7 Trust Account: 3337597-0 Class B-2 --------- 48.
Amount by which Class B-1 Formula Distribution Amount (lines 17(c) and (d), 42, 49(b)) exceeds Class B-1 Distribution Amount (lines 17(e), 43, 49(c)) $ 0.00 -------------- Class B-2 --------- 53.
Amount, if any, by which the amount in clause (c) of the Class B-1 Formula Distribution Amount exceeds the amount distributed pursuant to item (43) $ 0.00 -------------- Class M-1 Certificates ---------------------- 46.
Amount, if any, by which the amount in clause (c) of the Class B-1 Formula Distribution Amount exceeds the amount distributed pursuant to item (48) $ 0.00 -------------- Class M-1 Certificates ---------------------- 50.
Amount, if any, by which Class B-1 Formula Distribution Amount exceeds Class B Distribution Amount $ 0.00 ---------------- CLASS HE: B-2 CERTIFICATES -------------------------- 45.

More Definitions of Class B-1 Formula Distribution Amount

Class B-1 Formula Distribution Amount means, as to any Remittance Date, an amount equal to the sum of:

Class B-1 Formula Distribution Amount means, as to any Remittance Date, an amount equal to the sum of (a) one month's interest (or, with respect to the first Remittance Date, interest from and including the Closing Date to but excluding December 15, 1995) at the Class B-1 Remittance Rate on the Class B-1 Principal Balance as calculated immediately prior to such Remittance Date, (b) any Unpaid Class B-1 Interest Shortfall, (c) the Class B Percentage of the Formula Principal Distribution Amount, and (d) any Unpaid Class B-1 Principal Shortfall; provided, however, that on the Seventh Cross-over Date, the balance of any amounts that would have been distributable on such date pursuant to clauses (c) and (d) of the term "Class M-1 Formula Distribution Amount" (assuming a sufficient Amount Available) but for the operation of the second proviso to such term shall instead be included in clause (c) of this definition; provided, further, that the aggregate of all amounts distributed pursuant to clauses (c) and (d) of this definition shall not exceed the Original Class B-1 Principal Balance.

Class B-1 Formula Distribution Amount means, for any Payment Date, an amount equal to the sum of (a) one month's interest (or, as to the first Payment Date, interest from and including the Closing Date to but excluding September 15, 1999) at the Class B-1 Pass-Through Rate on the Class B-1 Adjusted Principal Balance for such Payment Date, (b) any Unpaid Class B-1 Interest Shortfall, (c) if such Payment Date is on or prior to the Class B-1 Cross-over Date, the Class B Percentage of the Formula Principal Distribution Amount and (d) any Class B-1 Formula Liquidation Loss Interest Distribution Amount; provided, however, that on the Class M-2 Cross-over Date, the balance of any amounts that would have been distributable on such date pursuant to clause (c) of the definition of the term "Class M-2 Formula Distribution Amount" (assuming a sufficient Amount Available) but for the operation of the second proviso in such definition shall instead be included in clause (c) of this definition; and provided, further,

Class B-1 Formula Distribution Amount means, as to any Payment Date, the sum of (a) the Class B-1 Interest Amount, (b) any Unpaid Class B-1 Interest Shortfall, (c) any Class B-1 Formula Liquidation Loss Interest Amount, and (d) the Class B-1 Formula Principal Distribution Amount.

Class B-1 Formula Distribution Amount means, for any Payment Date, an amount equal to the sum of (a) one month's interest (or, as to the first Payment Date, interest from and including the Closing Date to but excluding December 15, 1999) at (1) the Class BV-1 Pass-Through Rate on the Class BV-1 Adjusted Principal Balance and (2) the Class BF-1 Pass-Through Rate on the Class BF-1 Adjusted Principal Balance, in each case to be calculated immediately prior to such Payment Date, (b) the aggregate of the Unpaid Class B-1 Interest Shortfalls, if any, with respect to each Class of Class B-1 Certificates, (c) the sum of the Class BF-1 and Class BV-1 Formula Principal Distribution Amounts and (d) the aggregate of the Class B-1 Formula Liquidation Loss Interest Distribution Amounts, if any, with respect to each Class of Class B-1 Certificates.

Class B-1 Formula Distribution Amount means, as to any Remittance Date, ------------------------------------- an amount equal to the sum of (a) one month's interest (or, with respect to the first Remittance Date, interest from and including the Closing Date to but excluding March 15, 1996) at the Class B-1 Remittance Rate on the Class B-1 Principal Balance as calculated immediately prior to such Remittance Date, (b) any Unpaid Class B-1 Interest Shortfall, (c) the Class B Percentage of the Formula Principal Distribution Amount, and (d) any Unpaid Class B-1 Principal Shortfall; provided, however, that on the Sixth Cross-over Date, the balance of -------- ------- any amounts that would have been distributable on such date pursuant to clauses (c) and (d) of the term "Class M-1 Formula Distribution Amount" (assuming a sufficient Amount Available) but for the operation of the second proviso to such term shall instead be included in clause (c) of this definition; provided, -------- further, that the aggregate of all amounts distributed pursuant to clauses (c) ------- and (d) of this definition shall not exceed the Original Class B-1 Principal Balance.

Class B-1 Formula Distribution Amount means, as to any Payment Date, an amount equal to the sum of (a) one month's interest (or, as to the first Payment Date, interest from and including the Closing Date to but excluding April 15, 1996) at the Class B-1 Pass-Through Rate on the excess of the Class B-1 Principal Balance over the Class B-1 Principal Shortfall Amount, to be calculated immediately prior to such Payment Date on the basis of a 360-day year of twelve 30-day months, (b) any Unpaid Class B-1 Interest Shortfall, and (c) if such Payment Date is on or prior to the Sixth Cross-over Date, the Class B Percentage of the Formula Principal Distribution Amount; provided, however, that on the Fifth Cross-over Date, the balance of any amounts that would have been distributable on such date pursuant to clause (c) of the definition of the term "Class M-2 Formula Distribution Amount" (assuming a sufficient Amount Available) but for the operation of the second proviso in such definition shall instead be included in clause (c) of this definition; and