Class M-1 Certificate Principal Balance definition

Class M-1 Certificate Principal Balance. As of any date of determination, the aggregate Certificate Principal Balance of the Class M-1 Certificates.
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Class M-1 Certificate Principal Balance. As of any time of determination, the Certificate Principal Balance as of the Startup Day of all Class M-1 Certificates less the sum of (x) any amounts actually distributed to the Owners of the Class M-1 Certificates pursuant to Section 7.5 hereof with respect to the principal on all prior Payment Dates and (y) the aggregate cumulative amount of Class M-1 Applied Realized Loss Amounts on all prior Payment Dates.
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Class M-1 Certificate Principal Balance. As to any Distribution Date, the Initial Class Principal Balance for the Class M-1 Certificates less the Class M-1 Principal Distribution Amounts actually distributed to the holders of the Class M-1 Certificates on previous Distribution Dates and reduced by any Applied Realized Loss Amounts allocated to such Class on prior Distribution Dates.
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Examples of Class M-1 Certificate Principal Balance in a sentence

  • No: M-1-1 15231A AE 6 CUSIP $35,500,000 Original Class M-1 Certificate Principal Balance May 16, 2006 Date June 25, 2036 Final Scheduled Distribution Date CEDE & CO.

  • No: M-1-1 63860K AF9 CUSIP $39,016,000 Original Class M-1 Certificate Principal Balance June 7, 2007 Date June 25, 2037 Final Scheduled Distribution Date CEDE & CO.

  • No: M-1-1 152314 FS4 CUSIP $42,050,000 Original Class M-1 Certificate Principal Balance August 14, 2002 Date September 25, 2032 Final Scheduled Distribution Date CEDE & CO.

  • No: M-1-1 152314 NU 0 CUSIP $45,521,000 Original Class M-1 Certificate Principal Balance June 16, 2005 Date June 25, 2035 Final Scheduled Distribution Date CEDE & CO.

  • This Option Agreement is intended to satisfy the requirements of the Plan, Section 422A(b) of the Code and qualify for special tax treatment under Section 421 et seq.

  • No: M-1-1 ______________________ CUSIP $[ ] Original Class M-1 Certificate Principal Balance ___________ ___, 20__ Date ___________ ___, 20__ Final Scheduled Distribution Date CEDE & CO.

  • No: M-1-1 152314 GR 5 CUSIP $42,000,000 Original Class M-1 Certificate Principal Balance March 27, 2003 Date March 25, 2033 Final Scheduled Distribution Date CEDE & CO.

  • No: M-1-1 152314 PM 6 CUSIP $47,000,000 Original Class M-1 Certificate Principal Balance October 12, 2005 Date October 25, 2035 Final Scheduled Distribution Date CEDE & CO.

  • The Owner hereof is entitled to principal payments on each Payment Date, as hereinafter described, which will fully amortize such original Class M-1 Certificate Principal Balance over the period from the date of initial issuance of the Certificates to the final Payment Date for the Class M-1 Certificates.

  • No: M-1-1 63860F AE 3 CUSIP $33,016,000 Original Class M-1 Certificate Principal Balance September 14, 2006 Date September 25, 2036 Final Scheduled Distribution Date CEDE & CO.


More Definitions of Class M-1 Certificate Principal Balance

Class M-1 Certificate Principal Balance. As to any Distribution Date, the Class Principal Balance for the Class M-1 Certificates.
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Class M-1 Certificate Principal Balance. Means either the Class M-1F Certificate Principal Balance or the Class M-1A Certificate Principal Balance, as indicated by the context.
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Class M-1 Certificate Principal Balance. As of any time of determination, the Original Certificate Principal Balance of the Class M-1 Certificates less (i) any amounts actually distributed as principal pursuant to Section 7.5(b)(ii) hereof with respect to principal thereon on all prior Distribution Dates and (ii) the amount of any Applied Realized Loss Amount allocated as a reduction of the Class M-1 Certificate Principal Balance on all prior Distribution Dates pursuant to Section 7.5(d) hereof. The Class M-1 Certificate Principal Balance shall in no event be less than zero.
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Class M-1 Certificate Principal Balance means, as of any date of determination, the Original Class M-1 Certificate Principal Balance as reduced by the sum of (x) all amounts actually distributed to the Owners of the Class M-1 Certificates on all prior Payment Dates on account of principal and (y) the aggregate, cumulative amount of Class M-1 Applied Realized Loss Amounts on all prior Payment Dates.
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Class M-1 Certificate Principal Balance. As of any time of determination, the Certificate Principal Balance as of the Startup Day of all Class M-1 Certificates less the sum of (x) any amounts of the Class M-1
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Related to Class M-1 Certificate Principal Balance

  • Class M-2 Certificate Principal Balance As of any date of determination, the aggregate Certificate Principal Balance of the Class M-2 Certificates.

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

  • CLASS M PRINCIPAL BALANCE As of any Distribution Date, (a) the Class M Principal Balance for the immediately preceding Distribution Date less (b) amounts distributed to the Class M Certificateholders on such preceding Distribution Date allocable to principal (including the principal portion of Advances of the Servicer made pursuant to Section 6.03 and Realized Losses allocated to the Class M Certificates pursuant to Section 6.04); provided that the Class M Principal Balance on the first Distribution Date shall be the Original Class M Principal Balance, and provided further that if the aggregate Outstanding Certificate Principal Balance of the Class B Certificates has been reduced to zero, as of any Distribution Date, the Class M Principal Balance will equal the excess of the Mortgage Pool Principal Balance (together with the portion of any Monthly Payment due but not paid with respect to which an Advance has not been made) over the Class A Principal Balance.

  • 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 M-1 Certificate Any one of the Class M-1 Certificates executed and authenticated by the Securities Administrator and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-2 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.

  • Class Certificate Principal Balance As to any Class of Certificates, other than any Class of Notional Certificates, and as of any date of determination, the aggregate of the Certificate Principal Balances of all Certificates of such Class. The Class Certificate Principal Balance of each such Class of Certificates as of the Closing Date is specified in Section 5.01(b).

  • Certificate Principal Balance With respect to each Certificate (other than any Interest Only Certificate), on any date of determination, an amount equal to:

  • Aggregate Certificate Principal Balance At any given time, the sum of the then current Class Principal Balances of the Certificates.

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

  • Class B-5 Principal Balance As to the first Determination Date, the Original Class B-5 Principal Balance. As of any subsequent Determination Date, the Original Class B-5 Principal Balance less the sum of all amounts previously distributed in respect of the Class B-5 Certificates on prior Distribution Dates (A) pursuant to Paragraph fifteenth of Section 4.01(a)(ii) and (B) as a result of a Principal Adjustment; provided, however, if the Class B-5 Certificates are the most subordinate Certificates outstanding, the Class B-5 Principal Balance will equal the difference, if any, between the Aggregate Adjusted Pool Amount as of the preceding Distribution Date less the sum of the Aggregate Class A Principal Balance, the Class B-1 Principal Balance, the Class B-2 Principal Balance, the Class B-3 Principal Balance and the Class B-4 Principal Balance as of such Determination Date.

  • Initial Certificate Principal Balance With respect to each Class of Certificates, the Certificate Principal Balance of such Class of Certificates as of the Cut-off Date, as set forth in the Series Supplement.

  • Original Certificate Principal Balance With respect to any Class of Certificates, the amount specified for such Class in Section 4.01(d).

  • Class M-2 Certificate Any one of the Class M-2 Certificates executed and authenticated by the Securities Administrator and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-2 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.

  • Original Class Certificate Principal Balance With respect to the Class A Certificates, the Mezzanine Certificates, the Class C Certificates and the Class P Certificates, the corresponding amounts set forth opposite such Class above in the Preliminary Statement.

  • Class M-4 Certificate Any one of the Class M-4 Certificates executed and authenticated by the Securities Administrator and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-2 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.

  • 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-2 Principal Balance As to the first Determination Date, the Original Class B-2 Principal Balance. As of any subsequent Determination Date, the lesser of (i) the Original Class B-2 Principal Balance less the sum of (a) all amounts previously distributed in respect of the Class B-2 Certificates on prior Distribution Dates (A) pursuant to Paragraph tenth of Section 4.01(a) and (B) as a result of a Principal Adjustment and (b) the Realized Losses allocated through such Determination Date to the Class B-2 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding Distribution Date less the sum of the Class A Principal Balance and the Class B-1 Principal Balance as of such Determination Date.

  • Class M-4 Certificates All Certificates bearing the class designation of "Class M-4".

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

  • 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 M Certificates Any of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5 and Class M-6 Certificates.

  • Class B-6 Principal Balance As to the first Determination Date, the Original Class B-6 Principal Balance. As of any subsequent Determination Date, the lesser of (i) the Original Class B-6 Principal Balance less the sum of (a) all amounts previously distributed in respect of the Class B-6 Certificates on prior Distribution Dates pursuant to Paragraph twenty-second of Section 4.01(a) and (b) the Realized Losses allocated through such Determination Date to the Class B-6 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding Distribution Date less the Class A Principal Balance, the Class B-1 Principal Balance, the Class B-2 Principal Balance, the Class B-3 Principal Balance, the Class B-4 Principal Balance and the Class B-5 Principal Balance as of such Determination Date.

  • Class B-4 Principal Balance As to the first Determination Date, the Original Class B-4 Principal Balance. As of any subsequent Determination Date, the lesser of (i) the Original Class B-4 Principal Balance less the sum of (a) all amounts previously distributed in respect of the Class B-4 Certificates on prior Distribution Dates (A) pursuant to Paragraph sixteenth of Section 4.01(a) and (B) as a result of a Principal Adjustment and (b) the Realized Losses allocated through such Determination Date to the Class B-4 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding Distribution Date less the sum of the Class A Principal Balance, the Class B-1 Principal Balance, the Class B-2 Principal Balance and the Class B-3 Principal Balance as of such Determination Date.

  • Class M Certificate Any one of the Certificates designated as a Class M-1 Certificate, Class M-2 Certificate or Class M-3 Certificate.