Class B Controlled Amortization Amount definition

Class B Controlled Amortization Amount means, with respect to any Related Month during the Series 2019-2 Controlled Amortization Period, $10,400,000.
Class B Controlled Amortization Amount means, (i) with respect to any Related Month during the Series 2012-2 Controlled Amortization Period other than the Related Month immediately preceding the Series 2012-2 Expected Final Distribution Date, $9,216,666.67 and (ii) with respect to the Related Month immediately preceding the Series 2012-2 Expected Final Distribution Date, $9,216,666.65.
Class B Controlled Amortization Amount means $17,045,333.33.

Examples of Class B Controlled Amortization Amount in a sentence

  • The Class A and Class B Controlled Amortization Amount Shortfall, as of the end of the reportable year.

  • Funding Reallocation Account for the payment of the Class B Controlled Accumulation Amount Shortfall or Class B Controlled Amortization Amount Shortfall, as applicable .

  • On each Distribution Date during the Class B Controlled Amortization Period, the Trustee shall withdraw, at the direction of the Servicer, the Class B Controlled Amortization Amount with respect to such Distribution Date from the Class B Principal Funding Account.


More Definitions of Class B Controlled Amortization Amount

Class B Controlled Amortization Amount means, with respect to any Related Month during the Series 2018-2 Controlled Amortization Period, $8,937,500.00.
Class B Controlled Amortization Amount for any Due Period related to the Controlled Amortization Period shall mean $30,400,000; provided, however, that such amount shall be adjusted downward to reflect (i) any reduction to the Class B Investor Interest as a result of any cancellation of Class B Certificates pursuant to Section 4.16 and (ii) any principal payments to the Class B Certificateholders pursuant to subsection 4.9(h), so that such amount shall be equal to the outstanding principal amount of the Class B Certificates as of the last day of the Due Period prior to the commencement of the Controlled Amortization Period.
Class B Controlled Amortization Amount means, for any Distribution Date with respect to the Controlled Amortization Period occurring after the November 2005 Distribution Date, the sum of:
Class B Controlled Amortization Amount means, with respect to any Related Month during the Series 2024-1 Controlled Amortization Period, $25,300,000.00.
Class B Controlled Amortization Amount means with respect to any Payment Date during the Series 2021-A Controlled Amortization Period, one-half of the Class B Initial Principal Amount.
Class B Controlled Amortization Amount. [Not applicable.]
Class B Controlled Amortization Amount for any Due Period related to the Controlled Amortization Period shall mean $13,500,000; provided, however, that such amount shall be adjusted downward to reflect any reduction to the Class B Investor Interest as a result of any cancellation of Class B Certificates pursuant to Section 4.16 so that such amount shall be equal to 1/2 of the Class B Investor Interest as of the last day of the Due Period prior to the commencement of the Controlled Amortization Period.