Class X Notional Balance definition

Class X Notional Balance. With respect to any Distribution Date (and the related Accrual Period) the aggregate principal balance of the regular interests in REMIC 3 as specified in the Preliminary Statement hereto.
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Class X Notional Balance. With respect to any Distribution Date (and the related Accrual Period) the aggregate of the Class Principal Amount of the interests in Middle-Tier REMIC 1, as described in the Preliminary Statement.
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Class X Notional Balance. With respect to any Distribution Date (and the related Interest Accrual Period) the aggregate principal balance of the regular interests in REMIC 4 as specified in the Preliminary Statement hereto. Closing Date: May 5, 2006. Code: The Internal Revenue Code of 1986, including any successor or amendatory provisions.
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Examples of Class X Notional Balance in a sentence

  • In the case of information furnished pursuant to subclauses (i), (ii) and (iii) above, the amounts shall be expressed as a dollar amount in the aggregate for all Certificates of each applicable Class and per $1,000 of original Certificate Balance or Class X Notional Balance, as the case may be.

  • The Class A-7 Notional Balance, the Class A-9 Notional Balance, the Class X Notional Balance, or the Class 2-X Notional Balance, as applicable.

  • The Certificates of each Class will be issuable in registered form only, in minimum denominations of authorized Certificate Balance or Class X Notional Balance, as applicable, as described in the succeeding table, and multiples of $1 in excess thereof (or such lesser amount if the Certificate or Class X Notional Balance, as applicable, is not a multiple of $1).


More Definitions of Class X Notional Balance

Class X Notional Balance. With respect to any Distribution Date (and the related Accrual Period) the aggregate principal balance of the Class LT2-A, Class LT2-M1, Class LT2-M2 and Class LT2-B Interests in REMIC 2.
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Class X Notional Balance. With respect to any Distribution Date (and the related Accrual Period), the aggregate principal balance of the REMIC 1 Regular Interests immediately prior to such Distribution Date. Class XI Current Interest: Not applicable.
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Class X Notional Balance. With respect to any Distribution Date (and the related Accrual Period) the aggregate principal balance of the Class LT3-A1, LT3-A2-A, LT3-A2-B, Class LT3-M1, Class LT3-M2, Class LT3-M3, Class LT3-B1, Class LT3-B2, Class LT3-B3, Class LT3-P and Class LT3-Q Interests in REMIC 3.
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Class X Notional Balance. With respect to any Distribution Date (and the related Interest Accrual Period) the aggregate principal balance of the regular interests in REMIC 2 as specified in the Preliminary Statement hereto. Closing Date: March 8, 2007.
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Class X Notional Balance. Not applicable.
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Class X Notional Balance. With respect to any Distribution Date (and the related Accrual Period) the aggregate principal balance of the Class LT2-A1, Class LT2-A2-A, Class LT2-A2-B, Class LT2-M1, Class LT2-M2, Class LT2-M3, Class LT2-B, Class LT2-P and Class LT2-Q Interests in REMIC 2. Closing Date: November 20, 2003. Code: The Internal Revenue Code of 1986, as amended, and as it may be further amended from time to time, any successor statutes thereto, and applicable U.S. Department of Treasury regulations issued pursuant thereto in temporary or final form.
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Class X Notional Balance. With respect to any Distribution Date (and the related Accrual Period) the aggregate principal balance of the Class LT-Q, LT-A1A, LT-A1B, LT-A1C, LT-A2, LT-A3, XX-X0, XX-X0X, XX-X0X, XX-X0, XX-X0, LT-M2 and LT-M3 Interests in REMIC 1.
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