Class BV-1 Certificates Carryover definition

Class BV-1 Certificates Carryover. If on any Distribution Date the Class BV-1 Pass-Through Rate is based upon the Group II Available Funds Cap, the excess of:
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Class BV-1 Certificates Carryover. On any Distribution Date, the sum of:
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Class BV-1 Certificates Carryover. If on "Class BV-1A Certificates Carryover": If on any Distribution Date the Class BV-1 any Distribution Date the Class BV-1A Pass-Through Rate is based upon the Group II Pass-Through Rate is based upon the Group II Available Funds Cap, the excess of (i) the Available Funds Cap, the excess of (I) the amount of interest the Class BV-1 amount of interest the Class BV-1A Certificates would be entitled to receive on Certificates would be entitled to receive on such Distribution Date had the Class BV-1 such Distribution Date had the Class BV-1A Pass-Through Rate not been calculated based Pass-Through Rate not been calculated based on the Group II Available Funds Cap (but not on the Group II Available Funds Cap (but not more than the weighted average of the Maximum more than the weighted average of the Maximum Lifetime Mortgage Interest Rates on the Lifetime Mortgage Interest Rates on the Mortgage Loans in Group II less the Group II Mortgage Loans in Group II less the Group II Servicing Fee Rate and the Group II Master Servicing Fee Rate and the Group II Master Servicing Fee Rate) over (ii) the amount of Servicing Fee Rate) over (ii) the amount of interest such Certificates received on such interest such Certificates received on such Distribution Date based on the Group II Distribution Date based on the Group II Available Funds Cap, together with the unpaid Available Funds Cap, together with the unpaid portion of any such excess from prior portion of any such excess from prior Distribution Dates (and interest accrued Distribution Dates (and interest accrued thereon at the then applicable Pass-Through thereon at the then applicable Pass-Through Rate, without giving effect to the Group II Rate, without giving effect to the Group II Available Funds Cap). Available Funds Cap).
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More Definitions of Class BV-1 Certificates Carryover

Class BV-1 Certificates Carryover. If on any Distribution Date the Class BV-1 Pass-Through Rate is based upon the Available Funds Cap, the excess of (i) the amount of interest the Class BV-1 Certificates would be entitled to receive on such Distribution Date had the Class BV-1 Pass-Through Rate not been calculated based on the Available Funds Cap (but not more than the weighted average of the Mortgage Interest Rates on the Mortgage Loans less the Servicing Fee Rate and the Master Servicing Fee Rate) over (ii) the amount of interest such Certificates received on such Distribution Date based on the Available Funds Cap, together with the unpaid portion of any such excess from prior Distribution Dates (and interest accrued thereon at the then applicable Pass- Through Rate, without giving effect to the Available Funds Cap).
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Related to Class BV-1 Certificates Carryover

  • Class B-6 Certificates The Certificates designated as “Class B-6” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class B-1 Certificates All Certificates bearing the class designation of "Class B-1".

  • Certificate Principal Carryover Shortfall means, with respect to any Payment Date, the excess, if any, of (x) the sum of (i) the Certificate Monthly Principal Distributable Amount and (ii) any outstanding Certificate Principal Carryover Shortfall for the preceding Payment Date, over (y) the amount in respect of principal that is actually paid as principal on the Certificates on such Payment Date.

  • Class B-5 Certificates The Certificates designated as “Class B-5” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class B-2 Certificates All Certificates bearing the class designation of "Class B-2".

  • Class B-4 Certificates The Certificates designated as “Class B-4” on the face thereof in substantially the form attached hereto as Exhibit A.

  • Class A-1 Certificates All Certificates bearing the class designation of "Class A-1".

  • Class I-A-1 Certificate Any Certificate designated as a "Class I-A-1 Certificate" on the face thereof, in the form of Exhibit A-1 hereto, representing the right to the Percentage Interest of distributions provided for the Class I-A-1 Certificates as set forth herein and evidencing a Regular Interest in REMIC II.

  • Class A-2 Certificates All Certificates bearing the class designation of "Class A-2".

  • Group 1 Certificates As specified in the Preliminary Statement.

  • Class A-7 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-7 and Exhibit C hereto.

  • Certificate Interest Carryover Shortfall means, with respect to any Payment Date, the excess, if any, of (x) the sum of (i) the Certificate Monthly Interest Distributable Amount and (ii) any outstanding Certificate Interest Carryover Shortfall for the preceding Payment Date, over (y) the amount in respect of interest on the Certificates that is actually paid as interest on the Certificates on such Payment Date, plus, to the extent permitted by applicable law, interest on the Certificate Interest Carryover Shortfall at the Certificate Rate for the Interest Accrual Period.

  • Class B-5 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-5 and Exhibit C hereto. Class B-5 Certificateholder: The registered holder of a Class B-5 Certificate.

  • Class A-1 Certificate Principal Balance As of any date of determination, the aggregate Certificate Principal Balance of the Class A-1 Certificates.

  • Class B-4 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-4 and Exhibit C hereto. Class B-4 Certificateholder: The registered holder of a Class B-4 Certificate.

  • Class B-3 Certificates All Certificates bearing the class designation of "Class B-3".

  • Class B-6 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-6 and Exhibit C hereto. Class B-6 Certificateholder: The registered holder of a Class B-6 Certificate.

  • Class A-6 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-6 and Exhibit C hereto.

  • Class A-2 Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-2 hereto.

  • Class B-3 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-3 and Exhibit C hereto. Class B-3 Certificateholder: The registered holder of a Class B-3 Certificate.

  • Group 2 Certificates As specified in the Preliminary Statement.

  • Class A-1 Certificate Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating Agent in substantially the form set forth in Exhibit A-1 hereto.

  • Class A Certificate Principal Balance As of any date of determination, the sum of the Class A-1 Certificate Principal Balance, the Class A-2A Certificate Principal Balance, the Class A-2B Certificate Principal Balance, the Class A-2C Certificate Principal Balance, the Class A-2D Certificate Principal Balance and the Class R Certificate Principal Balance.

  • Class A-3 Certificates All Certificates bearing the class designation of "Class A-3".

  • Class B-1 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-1 and Exhibit C hereto. Class B-1 Certificateholder: The registered holder of a Class B-1 Certificate.

  • Class B-2 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-2 and Exhibit C hereto. Class B-2 Certificateholder: The registered holder of a Class B-2 Certificate.