Class P Distribution Amount definition

Class P Distribution Amount. For each Distribution Date, an amount equal to the total of all Prepayment Penalties received by the Securities Administrator from the Servicers on the Mortgage Loans in the prior Due Period. The Class P Distribution Amount is not part of the Available Distribution Amount and is therefore not available for distributions to the other Classes of Certificates.
Class P Distribution Amount. With respect to each Distribution Date, all prepayment premiums or penalties or yield maintenance payments received by the Servicers with respect to the Mortgage Loans so identified on the Mortgage Loan Schedule and remitted to the Master Servicer as provided in the applicable Servicing Agreement during the related Prepayment Period in connection with any Prepayments in Full or partial Principal Prepayments.
Class P Distribution Amount means, for any Payment Date, that portion of the Amount Available eligible for distribution in respect of the Class P Certificates in accordance with the priorities set forth in Section 8.04(b) and (d).

More Definitions of Class P Distribution Amount

Class P Distribution Amount. With respect to any Distribution Date, an amount equal to the aggregate of:
Class P Distribution Amount. With respect to any Distribution Date, an amount equal to the aggregate for all Group II Discount Mortgage Loans of the product for each Group II Discount Mortgage Loan of the applicable Discount Fraction and the sum of (x) scheduled payments of principal on such Group II Discount Mortgage Loan due on or before the related Due Date in respect of which no distribution has been made on any previous Distribution Date and which were received by the Determination Date, or which have been advanced as part of an Advance with respect to such Distribution Date, and (y) the portion of the Principal Prepayment Amount for Loan Group I received in respect of such Group II Discount Mortgage Loan during the related Prepayment Period.
Class P Distribution Amount. With respect to each Distribution Date, the Prepayment Penalty Amount.
Class P Distribution Amount. Each of the Class P-1 Distribution Amount and the Class P-2 Distribution Amount.
Class P Distribution Amount. For each Distribution Date and the Group 5 Mortgage Loan, an amount equal to the total of all Prepayment Charges received on the Group 5 Mortgage Loans in the prior Due Period. The Class P Distribution Amount is not part of the Available Distribution Amount and is therefore not available for distributions to the Classes of Group 5 Certificates.
Class P Distribution Amount means, for any Payment Date, that portion of the Excess Cashflow available for distribution in respect of the Class P Certificate in accordance with the priorities set forth in Section 8.04(e)(xiii) and all Prepayment Charges distributed pursuant to Section 8.04(g).
Class P Distribution Amount. For each Distribution Date, all Prepayment Premiums received with respect to the Mortgage Loans in the related Due Period.