Class M-1 Formula Distribution Amount definition

Class M-1 Formula Distribution Amount means, as to any Remittance Date, an amount equal to the sum of (a) interest (calculated in the manner specified in Section 1.03) at the Class M-1 Remittance Rate on the Class M-1 Adjusted Principal Balance as of such Remittance Date, (b) the aggregate Unpaid Class M-1 Interest Shortfall, if any, (c) the Class M-1 Percentage of the Formula Principal Distribution Amount, (d) any Unpaid Class M-1 Principal Shortfall, (e) any Class M-1 Liquidation Loss Interest Amount, and (f) any Unpaid Class M-1 Liquidation Loss Interest Shortfall; provided, however, that on the later of the Class A-8 Cross-Over Date and the Class A-9 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 A Formula Distribution Amount" (assuming a sufficient Amount Available) but for the operation of the proviso to such term shall instead be included in clause (c) of this definition; provided, further, that the aggregate of all amounts distributed for all Remittance Dates pursuant to clauses (c) and (d) shall not exceed the Original Class M-1 Principal Balance.
Class M-1 Formula Distribution Amount means, as to any Remittance Date, an amount equal to the sum of (a) interest (calculated in the manner specified in Section 1.03) at the Class M-1 Remittance Rate on the Class M-1 Adjusted Principal Balance as of such Remittance Date, (b) the aggregate Unpaid Class M-1 Interest Shortfall, if any, (c) the Class M-1 Percentage of the Formula Principal Distribution Amount, (d) any Unpaid Class M-1 Principal Shortfall, (e) any Class M-1 Liquidation Loss Interest Amount, and (f) any Unpaid Class M-1 Liquidation Loss Interest Shortfall; provided, however, that on the Class A-7 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 A Formula Distribution Amount" (assuming a sufficient Amount Available) but for the operation of the proviso to such term shall instead be included in clause (c) of this definition; provided, further, that the aggregate of all amounts distributed for all Remittance Dates pursuant to clauses (c) and (d) shall not exceed the Original Class M-1 Principal Balance.
Class M-1 Formula Distribution Amount means, as to any Remittance Date, an amount equal to the sum of:

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

  • Amount by which Class M-1 Formula Distribution Amount (lines 15(c) and (d), 28, 45(b)) exceeds Class M-1 Distribution Amount (lines 15(e), 29, 45(c)) $ 0.00 --------------- Class M-2 --------- 49.

  • Amount, if any, by which the amount in clause (c) of the Class M-1 Formula Distribution Amount exceeds the amount distributed pursuant to item (31) __________ Class M-2 Certificates ---------------------- 34.

  • Amount, if any, by which the amount in clause (c) of the Class M-1 Formula Distribution Amount exceeds the amount distributed pursuant to item (30) $ 0.00 ----------------- Class M-2 Certificates ---------------------- 33.

  • Amount, if any, by which Class M-1 Formula Distribution Amount exceeds Class M-1 Distribution Amount $ 0.00 ------------------ DISTRIBUTION DATE: 12/15/98 CUSIP# 393505 G22 G30 G48 G55 G63 G71 G89 G97 H21 H39 H47 H54 H62 TRUST ACCOUNT: 3336598-0 CLASS HE: M-2 CERTIFICATES --------------------------- 22.

  • BI shall consult with Vitae prior to its decision to seek a Patent term extension with respect to Vitae Patents, Joint Patents, BI Patents and Patents assigned to BI pursuant to Section 13.1.2, provided, however, that when the Parties hereto cannot reach an agreement for these Patents, BI shall have the right to determine which Vitae Patents, BI Patents, Joint Patents, or BI Product Development Patents to apply for Patent term extension in the Territory.


More Definitions of Class M-1 Formula Distribution Amount

Class M-1 Formula Distribution Amount means, as to any Remittance Date, an amount equal to the sum of (a) interest (calculated in the manner specified in Section 1.03) at the Class M-1 Remittance Rate on the Class M-1 Adjusted Principal Balance as of such Remittance Date, (b) the aggregate Unpaid Class M-1 Interest Shortfall, if any, (c) the Class M-1 Percentage of the Formula Principal Distribution Amount, (d) any Unpaid Class M-1 Principal Shortfall, (e) any Additional Principal Distribution Amount to be distributed to the Class M-1 Certificates pursuant to Section 8.03(a)(12), (f) any Class M-1 Liquidation Loss Interest Amount, and (g) any Class M-1 Liquidation Loss Interest Amount, and (g) any Unpaid Class M-1 Liquidation Loss Interest Shortfall; provided, however, that on the Class A-1 Cross-Over Date, the balance of any amounts that would have been distributable on such date pursuant to clauses (c), (d) and (e) of the term "Class A-1 Formula Distribution Amount" (assuming a sufficient Amount Available) but for the operation of the proviso to such term shall instead be included in clause (c) or (e) of this definition, as applicable; provided, further, that the aggregate of all amounts distributed for all Remittance Dates pursuant to clauses (c), (d) and (e) shall not exceed the Original Class M-1 Principal Balance.
Class M-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 M-1 Pass-Through Rate on the Class M-1 Adjusted Principal Balance for such Payment Date, (b) any Unpaid Class M-1 Interest Shortfall, (c) if such Payment Date is after the Class A-6 Cross-over Date, but on or prior to the Class M-1 Cross-over Date, the Senior Percentage of the Formula Principal Distribution Amount and (d) any Class M-1 Formula Liquidation Loss Interest Distribution Amount; provided, however, that on the Class A-6 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 A Formula Distribution Amount" (assuming a sufficient Amount Available) but for the operation of the proviso in such definition shall instead be included in clause (c) of this definition; and provided, further, that the aggregate of all amounts distributed for all Payment Dates pursuant to clause (c) of this definition shall not exceed the Original Class M-1 Principal Balance.
Class M-1 Formula Distribution Amount means, as to any Payment Date, the sum of (a) the Class M-1 Interest Amount, (b) any Unpaid Class M-1 Interest Shortfall, (c) any Class M-1
Class M-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 October 15, 1999) at the Class M-1 Pass-Through Rate on the Class M-1 Adjusted Principal Balance for such Payment Date, (b) any Unpaid Class M-1 Interest Shortfall, (c) if such Payment Date is after the Class A-4 Cross-over Date, but on or prior to the Class M-1 Cross-over Date, the Senior Percentage of the Formula Principal Distribution Amount and (d) any Class M-1 Formula Liquidation Loss Interest Distribution Amount; provided, however, that on the Class A-4 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 A Formula Distribution Amount" (assuming a sufficient Amount Available) but for the operation of the proviso in such definition shall instead be included in clause (c) of this definition; and provided, further, that the aggregate of all amounts distributed for all Payment Dates pursuant to clause (c) of this definition shall not exceed the Original Class M-1 Principal Balance.
Class M-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, 1995) at the Class M-1 Remittance Rate on the Class M-1 Principal Balance calculated immediately prior to such Remittance Date, (b) the aggregate Unpaid Class M-1 Interest Shortfall, if any, (c) if such Remittance Date is on or after the Sixth Cross-over Date, but on or prior to the Seventh Cross-over Date, the Class M-1 Percentage of the Formula Principal Distribution Amount, and (d) any Unpaid Class M-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 A Formula Distribution Amount" (assuming a sufficient Amount Available) but for the operation of the proviso to such term shall instead be included in clause (c) of this definition; provided, further, that the aggregate of all amounts distributed for all Remittance Dates pursuant to clauses (c) and (d) shall not exceed the Original Class M-1 Principal Balance.
Class M-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 MV-1 Pass-Through Rate on the Class MV-1 Adjusted Principal Balance and (2) the Class MF-1 Pass-Through Rate on the Class MF-1 Adjusted Principal Balance, in each case to be calculated immediately prior to such Payment Date, (b) the aggregate of the Unpaid Class M-1 Interest Shortfalls, if any, with respect to each Class of Class M-1 Certificates, (c) the sum of the Class MF-1 and Class MV-1 Formula Principal Distribution Amounts and (d) the aggregate of the Class M-1 Formula Liquidation Loss Interest Distribution Amounts, if any, with respect to each Class of Class M-1 Certificates.
Class M-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 M-1 Pass-Through Rate on the excess of the Class M-1 Principal Balance over the Class M-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 M-1 Interest Shortfall and (c) if such Payment Date is after the Third Cross-over Date, but on or prior to the Fourth Cross-over Date, the Senior Percentage of the Formula Principal Distribution Amount; provided, however, that on the Third 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 A Formula Distribution Amount" (assuming a sufficient Amount Available) but for the operation of the proviso in such definition shall instead be included in clause (c) of this definition; and provided, further, that the aggregate of all amounts distributed for all Payment Dates pursuant to clause (c) of this definition shall not exceed the Original Class M-1 Principal Balance.