Class R Controlled Amortization Amount definition

Class R Controlled Amortization Amount means, (i) with respect to any Related Month during the Series 2019-3 Controlled Amortization Period other than the Related Month immediately preceding the Series 2019-3 Expected Final Distribution Date, $0 and (ii) with respect to the Related Month immediately preceding the Series 2019-3 Expected Final Distribution Date, the sum of (x) $35,750,000 and (y) the aggregate principal amount of any Additional Class R Notes.
Class R Controlled Amortization Amount means, (i) with respect to any Related Month during the Series 2024-2 Controlled Amortization Period other than the Related Month immediately preceding the Series 2024-2 Expected Final Distribution Date, $0 and (ii) with respect to the Related Month immediately preceding the Series 2024-2 Expected Final Distribution Date, the sum of (x) $22,000,000 and (y) the aggregate principal amount of any Additional Class R Notes.
Class R Controlled Amortization Amount means, (i) with respect to any Related Month during the Series 2022-5 Controlled Amortization Period other than the Related Month immediately preceding the Series 2022-5 Expected Final Distribution Date, $0 and (ii) with respect to the Related Month immediately preceding the Series 2022-5 Expected Final Distribution Date, the sum of (x) $30,400,000 and (y) the aggregate principal amount of any Additional Class R Notes.

More Definitions of Class R Controlled Amortization Amount

Class R Controlled Amortization Amount means, (i) with respect to any Related Month during the Series 2023-1 Controlled Amortization Period other than the Related Month immediately preceding the Series 2023-1 Expected Final Distribution Date, $0 and (ii) with respect to the Related Month immediately preceding the Series 2023-1 Expected Final Distribution Date, the sum of (x) $30,400,000 and (y) the aggregate principal amount of any Additional Class R Notes.
Class R Controlled Amortization Amount means, (i) with respect to any Related Month during the Series 2018-2 Controlled Amortization Period other than the Related Month immediately preceding the Series 2018-2 Expected Final Distribution Date, $0 and (ii) with respect to the Related Month immediately preceding the Series 2018-2 Expected Final Distribution Date, the sum of (x) $30,250,000 and (y) the aggregate principal amount of any Additional Class R Notes.
Class R Controlled Amortization Amount means, (i) with respect to any Related Month during the Series 2020-2 Controlled Amortization Period other than the Related Month immediately preceding the Series 2020-2 Expected Final Distribution Date, $0 and (ii) with respect to the Related Month immediately preceding the Series 2020-2 Expected Final Distribution Date, the sum of (x) $35,750,000 and (y) the aggregate principal amount of any Additional Class R Notes.
Class R Controlled Amortization Amount means, (i) with respect to any Related Month during the Series 2017-1 Controlled Amortization Period other than the Related Month immediately preceding the Series 2017-1 Expected Final Distribution Date, $0 and (ii) with respect to the Related Month immediately preceding the Series 2017-1 Expected Final Distribution Date,

Related to Class R Controlled Amortization Amount

  • Regular Principal Distribution Amount means, with respect to any Payment Date, an amount equal to (a) the excess, if any, of (i) the Note Balance as of such Payment Date (before giving effect to any principal payments made on the Notes on such Payment Date), over (ii) the excess, if any, of the Adjusted Pool Balance as of the end of the related Collection Period less the Overcollateralization Target Amount minus (b) the sum of the First Priority Principal Distribution Amount and the Second Priority Principal Distribution Amount for such Payment Date.