Class B Distribution Amount definition

Class B Distribution Amount. Any of the Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 or Class B-6 Distribution Amounts.

Class B Distribution Amount. With respect to any Payment Date, the sum of (w) the Class B Current Interest, (x) the Class B Principal Distribution Amount, if any, (y) the Class B Interest Carry Forward Amount, if any, and (z) the Class B Realized Loss Amortization Amount, if any.

Class B Distribution Amount means an amount per Class B Unit equal to 2% of the Class B Capital Contribution Per Unit Amount.

Examples of Class B Distribution Amount in a sentence

• Prior to the close of business on the third Business Day preceding each Distribution Date, the Master Servicer shall furnish a statement to the Trustee, any Paying Agent and the Seller (the information in such statement to be made available to Certificateholders by the Master Servicer on written request) setting forth the Class A Distribution Amount with respect to each Class of Class A Certificates and the Class B Distribution Amount with respect to each Class of Class B Certificates.

• Prior to the close of business on the third Business Day preceding each Distribution Date, the Master Servicer shall furnish a statement to the Trust Administrator, any Paying Agent and the Seller (the information in such statement to be made available to Certificateholders by the Master Servicer on written request) setting forth the Class A Distribution Amount with respect to each Class of Class A Certificates and the Class B Distribution Amount with respect to each Class of Class B Certificates.

• Prior to the close of business on the third Business Day preceding each Distribution Date, the Master Servicer shall furnish a statement to the Trustee, any Paying Agent and the Seller (the information in such statement to be made available to Certificateholders by the Trustee on written request) setting forth the Class A Distribution Amount with respect to each Class of Class A Certificates and the Class B Distribution Amount with respect to each Class of Class B Certificates.

• The Class B Distribution Amount as of any date of determination will be determined as set forth in the Pooling and Servicing Agreement.

• Prior to the close of business on the second Business Day preceding each Distribution Date, the Master Servicer shall furnish a statement to the Trustee, any Paying Agent and the Seller (the information in such statement to be made available to Certificateholders by the Trustee on written request) setting forth the Class A Distribution Amount with respect to each Class of Class A Certificates and the Class B Distribution Amount with respect to each Class of Class B Certificates.

More Definitions of Class B Distribution Amount

Class B Distribution Amount. Any of the Class Cr-B-1 Distribution Amount, Class Cr-B-2 Distribution Amount, Class Cr-B-3 Distribution Amount, Class Cr-B-4 Distribution Amount, Class Cr-B-5 Distribution Amount, Class Cr-B-6 Distribution Amount, Class III-B-1 Distribution Amount, Class III-B-2 Distribution Amount, Class III-B-3 Distribution Amount, Class III-B-4 Distribution Amount, Class III-B-5 Distribution Amount or Class III-B-6 Distribution Amount.

Class B Distribution Amount. As of any Payment Date, the sum of (i) the Class B Interest Distribution Amount for such Payment Date and (ii) the Class B Principal Distribution Amount for such Payment Date.

Class B Distribution Amount. As of any Payment Date, the sum of (i) the Class B Interest Distribution Amount for such Payment Date, (ii) the Group I Subordination Reduction Amount for such Payment Date and the Group II Subordination Reduction Amount, if any, described in Section 7.3(b)(iii)(E) hereof and (iv) the Class B Carry-Forward Amount, if any, as of such Payment Date.

Class B Distribution Amount. With respect to any Payment Date, the amount payable to Class B pursuant to footnotes 4 and 5 of Section 2.8(c).

Class B Distribution Amount means an amount per Class B Unit equal to the applicable Class B Distribution Rate multiplied by the applicable Class B Issue Price; provided however, that the applicable Class B Distribution Amount payable for the Quarter in which the Class B Issue Date falls, shall be prorated for such period, commencing on the applicable Class B Issue Date and ending on, and including, the last day of the applicable Quarter.

Class B Distribution Amount shall have the meaning ascribed thereto in Section 2.8(a) hereof.

Class B Distribution Amount. As to any Distribution Date, the aggregate --------------------------- amount distributed to Class B Certificateholders on such Distribution Date pursuant to Section 6.01.