Class M-1 Interest Shortfall means, as to any Remittance Date, the difference, if any, between (A) the sum of (i) the amount distributed to Holders of the Class M-1 Certificates on such Remittance Date pursuant to Section 8.03(a)(3)(i) and (ii), and (ii) any amount distributed to the Holders of the Class M-1 Certificates pursuant to Section 8.03(c) on such Remittance Date, and (B) the Class M-1 Interest Distribution Amount for such Remittance Date.
Class M-1 Interest Shortfall means, as to any Remittance Date, the difference, if any, between (A) the sum of (i) the amount distributed to Holders of the Class M-1 Certificates on such Remittance Date pursuant to Section 8.03(a)(3)(i) and (ii), and (ii) any amount distributed to the Holders of the Class M-1 Certificates pursuant to Section 8.03(b) on such Remittance Date, and (B) the Class M-1 Interest Distribution Amount for such Remittance Date.
Class M-1 Interest Shortfall. As to any Remittance Date, any amount by which the amount distributed on the Class M-1 Certificates on such Remittance Date is less than the amount computed pursuant to clause (a) of the definition of "Class M-1 Interest Formula Distribution Amount."
Examples of Class M-1 Interest Shortfall in a sentence
Unpaid Class M-1 Interest Shortfall 0.00 0 ------------- ------------- B.
Unpaid Class M-1 Interest Shortfall 0.00 0 ------------- ------------- (32) Remaining: a.
Unpaid Class M-1 Interest Shortfall 0.00 0 ---------------- ---------------- B.
Unpaid Class M-1 Interest Shortfall 0.00 -------------- (5) Remaining: a.
Interest on Class M-1 Adjusted Principal Balance (a) Class M-1 Adjusted Principal Balance $ 22,000,000.00 --------------- (b) Class M-1 Interest Rate 8.88% ----- (c) Class M-1 Interest Amount $ 157,373.33 --------------- (d) Unpaid Class M-1 Interest Shortfall $ 0.00 --------------- (e) Class M-1 Interest Paid $ 157,373.33 --------------- (f) Class M-1 Interest Carryover Shortfall $ 0.00 --------------- 10.
More Definitions of Class M-1 Interest Shortfall
Class M-1 Interest Shortfall means, for any Payment Date, the amount, if any, by which (a) the Class M-1 Formula Interest Distribution Amount exceeds (b) the amount distributed to Class M-1 Certificateholders on such Payment Date pursuant to Section 8.04(b)(3).
Class M-1 Interest Shortfall means, as to any Distribution Date, the difference, if any, between (A) the sum of (i) the amount distributed to Holders of the Class M-1 Certificates on such Distribution Date pursuant to Section 8.03(a)(4)(i) and (ii), and (ii) any amount distributed to the Holders of the Class M-1 Certificates pursuant to Section 8.03(c) on such Distribution Date, and (B) the Class M-1 Interest Distribution Amount for such Distribution Date.
Class M-1 Interest Shortfall means, as to any Remittance Date, the difference, if any, between:
Class M-1 Interest Shortfall means, as to any Payment Date, the amount, if any, by which (a) the Class M-1 Formula Interest Distribution Amount exceeds (b) the sum of (1) the amount distributed to Class M-1 Certificateholders on such Payment Date pursuant to Sections 8.04(b)(4)(i) and (ii), and (2) the amount distributed to Class M-1 Certificateholders on such Payment Date pursuant to Section 8.04(c).
Class M-1 Interest Shortfall means, for any Payment Date, the amount, if ---------------------------- any, by which (a) the Class M-1 Formula Interest Distribution Amount exceeds (b) the amount distributed to Holders of such Class on such Payment Date pursuant to Section 8.04(b)(3).
Class M-1 Interest Shortfall. With respect to any Distribution Date, any amount by which the amount distributed to Holders of Class M-1 Certificates on such Distribution Date is less than the amount computed pursuant to clause (a) of the definition of "Class M-1 Interest Distribution Amount."
Class M-1 Interest Shortfall. As to any Distribution Date, any amount by ---------------------------- which the amount distributed to Holders of Class M-1 Certificates on such Distribution Date is less than the amount computed pursuant to clause (a) of the definition of "Class M-1 Interest Distribution Amount."