Class Portion definition

Class Portion. With respect to any U.S. Treasury Net Prepayment Premium on any Mortgage Loan and any Distribution Date and (a) any Class of Certificates, other than the Class X Certificates and the Residual Certificates, the product of (x) any U.S. Treasury Net Prepayment Premium for such Mortgage Loan and Distribution Date, (y) the related Class Prepayment Fraction for such Distribution Date and (z) the related Allocation Fraction for such Mortgage Loan and Distribution Date and (b) the Class X1 Certificates, the excess of any U.S. Treasury Net Prepayment Premiums for such Distribution Date over the amounts calculated pursuant to clause (a). The Class X2 Certificates and the Residual Certificates will not have a Class Portion.
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Class Portion means the aggregate, gross amount the Parties propose be paid to the Settlement Class as Settlement Awards based on the number Weeks Worked in a Covered Position during the Settlement Class Period. The Class Portion shall be one third (.333) of the Class Fund.
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Class Portion. With respect to any Distribution Date and (a) any Class of Certificates, other than the Class X Certificates, the product of (x) any U.S. Treasury Net Prepayment Premiums for such Distribution Date, (y) the related Class Prepayment Fraction for such Distribution Date and (z) the related Allocation Fraction for such Distribution Date and (b) the Class X Certificates, the excess of any U.S. Treasury Net Prepayment Premiums for such Distribution Date over the amounts calculated pursuant to clause (a).
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Examples of Class Portion in a sentence

  • This calculation will result in a percentage figure for each Settlement Class Member (the “Class Portion Percentage Figure”), which will then be multiplied by the Class Portion, with the resulting figure being paid to the Settlement Class Member; (ii) Each “front of house” Settlement Class Member’s hours worked in a “front of house” position during the Settlement Class Period will be divided by the sum total of all “front of house” Settlement Class Members’ hours worked during the Settlement Class Period.

  • This calculation will result in a percentage figure for each Settlement Class Member (the “Settlement Class Period Percentage Figure”), which will then be multiplied by the Class Portion, with the resulting figure being paid to the Settlement Class Member; (ii) Each Settlement Class Member’s Weeks Worked during the Service Charge Period will be divided by the sum total of all Settlement Class Members’ Weeks Worked during the Service Charge Period.

  • The amount of the PAGA/Class Settlement Amount remaining after the Court-approved deductions for the PAGA Penalties Portion, payments to Class Counsel pursuant to this Agreement, service payments to Bankwitz and Xxxxxx, and settlement administration costs shall be referred to on this Agreement as the “Non-Claimant Settlement Class Portion.” The Non-Claimant Settlement Class Portion is the amount from which all Non-Claimant Settlement Class Members shall be paid.

  • Each Non-Claimant Settlement Class Member shall be allocated a share of the Non-Claimant Settlement Class Portion based upon his/her workweeks and his/her eligibility to recover a potential Labor Code § 203 penalty based on former employee status (the “203 Factor”).

  • Your The Class Portion of your Individual Settlement Payment is $XXX.XX.

  • For example to search only within the US main class, you can select Class Type as UC and Class Portion as "Subclass/ US Main Class".

  • If you request exclusion from the Class Portion of the Settlement, you will not receive money from the Class Portion of the Settlement, but will still receive your share of civil penalties under the PAGA Portion of the Settlement.

  • Exclude Yourself If you wish to exclude yourself from the Class Portion of the Settlement, you must send a written request for exclusion to the Settlement Administrator as provided below.

  • If we multiply this expression da(i)/di by the uniform areal PDF pA we have obtained the PDF of the irradiance.

  • Your The Class Portion of your Individual Settlement Payment will be apportioned as twenty percentone-third (33.3320%) wages, forty percentone-third (4033.33%) penalties, and forty percentone-third (4033.33%) interest.


More Definitions of Class Portion

Class Portion. With respect to any Distribution Date and (a) any Class of Certificates, other than the Class X, Class NR-I and Class NR-P Certificates, the product of (x) any U.S. Treasury Net Prepayment Premiums for such Distribution Date, (y) the related Class Prepayment Fraction for such Distribution Date and (z) the related Allocation Fraction for such Distribution Date and (b) the Class NR-I Certificates, the amount calculated pursuant to clause (a) assuming that such Class has a Class Balance equal to the Class Balance of the Class NR-P Certificates and a Pass-Through Rate equal to the Pass-Through Rate on the Class NR-I Certificates, and (c) the Class X Certificates, the excess of any U.S. Treasury Net Prepayment Premiums for such Distribution Date over the amounts calculated pursuant to clauses (a) and (b). The Class NR-P Certificates will not have a Class Portion.
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Related to Class Portion

  • Class P designation on the face thereof, substantially in the form of Exhibit A-5 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Class X Interest The regular interest in the Class X REMIC represented by the Class X Certificates as specified and described in the Preliminary Statement and the related footnote thereto.

  • Class Percentage With respect to each Class of Subordinate Certificates, for each Distribution Date, the percentage obtained by dividing the Class Principal Amount of such Class immediately prior to such Distribution Date by the sum of the Class Principal Amounts of all Certificates immediately prior to such date.

  • Class B Interest Each of the Class B-1 and Class B-2 Interests.

  • Class Balance With respect to any Class of Certificates, at any time, the aggregate of the

  • Class B-3 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-3 Certificates pursuant to Paragraphs eleventh, twelfth and thirteenth of Section 4.01(a).

  • Class P Fraction Any Class I-P, Class II-P or Class III-P Fraction, as applicable.

  • Class B-6 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-6 Certificates pursuant to Paragraphs twentieth, twenty-first and twenty-second of Section 4.01(a).

  • Class B-2 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-2 Certificates pursuant to Paragraphs eighth, ninth and tenth of Section 4.01(a).

  • Class B-1 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-1 Certificates pursuant to Paragraphs fifth, sixth and seventh of Section 4.01(a).

  • Class A Interest Each of the Class A-1 and Class A-2 Interests.

  • Class B-4 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-4 Certificates pursuant to Paragraphs fourteenth, fifteenth, and sixteenth of Section 4.01(a).

  • Class B-5 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-5 Certificates pursuant to Paragraphs seventeenth, eighteenth, and nineteenth of Section 4.01(a).

  • Class A Monthly Interest shall have the meaning specified in subsection 4.02(a).

  • Class B-4 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-4 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-4 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-4 Percentage for such Distribution Date will be zero.

  • Class A Share means a Class A ordinary share of a par value of US$0.0001 in the share capital of the Company.

  • Class B Monthly Interest shall have the meaning specified in subsection 4.02(b).

  • Class C Monthly Interest is defined in Section 4.1(c).

  • Class X Distributable Amount With respect to any Distribution Date, the amount of interest that has accrued on the Class X Notional Balance, as described in the Preliminary Statement, but that has not been distributed prior to such date. In addition, such amount shall include the initial Overcollateralization Amount of $10,346,197.30 ($10,346,297.30 less $100 of such amount allocated to the Class P Certificates) to the extent such amount has not been distributed on an earlier Distribution Date as part of the Overcollateralization Reduction Amount.

  • Class B-6 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-6 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-6 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-6 Percentage for such Distribution Date will be zero.

  • Class Principal Distribution Amount As to each RCR Class, an amount as to principal equal to (i) the concurrent distribution of principal in respect of the related REMIC Class or Classes multiplied by (ii) a fraction the numerator of which is the Aggregate Denomination of such RCR Class and the denominator of which is the Initial Authorized Denomination of such RCR Class. Code: The Internal Revenue Code of 1986, as amended, including any successor or amendatory provisions.

  • Class A Distribution Amount As to any Distribution Date and any Class of Class A Certificates (other than the Class A-PO Certificates), the amount distributable to such Class of Class A Certificates pursuant to Paragraphs first, second and third clause (A) of Section 4.01(a). As to any Distribution Date and the Class A-PO Certificates, the amount distributable to the Class A-PO Certificates pursuant to Paragraphs third clause (B) and fourth of Section 4.01(a) on such Distribution Date.

  • Class C Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class C Certificates, evidencing a Regular Interest in REMIC 3 for purposes of the REMIC Provisions.

  • Class A-P Principal Distribution Amount As defined in Section 4.02.

  • Class B Interest Distributable Amount means the amount of interest accrued during the related Interest Period (calculated on the basis of a 360 day year consisting of twelve 30 day months) on the Class B Principal Balance as of the immediately preceding Payment Date (after giving effect to payments of principal made on such immediately preceding Payment Date) at the Class B Rate or, in the case of the first Payment Date, on the Class B Initial Principal Balance.