Controlled Amortization Shortfall definition

Controlled Amortization Shortfall initially means zero and thereafter means, with respect to any Monthly Period during the Controlled Amortization Period, the excess, if any, of the Controlled Payment Amount for the previous Monthly Period over the sum of the amount distributed pursuant to subsection 6.2(a) with respect to the Class A Notes for the previous Monthly Period, the amount distributed pursuant to subsection 6.2(b) with respect to the Class M Notes for the previous Monthly Period, the amount distributed pursuant to subsection 6.2(c) with respect to the Class B Notes for the previous Monthly Period and the amount distributed pursuant to subsection 6.2(d) with respect to the Class C Notes for the previous Monthly Period.
Controlled Amortization Shortfall initially shall mean zero and thereafter shall mean, with respect to any Due Period during the Amortization Period, the excess, if any, of the Controlled Payment Amount for the previous Due Period over the amounts distributed pursuant to Section 4.9(c)(i) with respect to the Class A Certificates for the previous Due Period.
Controlled Amortization Shortfall initially means zero and thereafter means, with respect to any Monthly Period during the Controlled Amortization Period, the excess, if any, of the Controlled Payment Amount for the previous Monthly Period over the sum of the amount distributed pursuant to subsection 6.2(a) with respect to the Class A Notes for the previous Monthly Period, the amount distributed pursuant to subsection 6.2(b) with respect to the Class M Notes for the previous Monthly Period and the amount distributed pursuant to subsection 6.2(c) with respect to the Class B Notes for the previous Monthly Period.

More Definitions of Controlled Amortization Shortfall

Controlled Amortization Shortfall means, with respect to any Transfer Date during the Controlled Amortization Period, the excess, if any, of the Controlled Payment Amount for such Transfer Date over the amounts distributed pursuant to Sections 4.11(c)(i), (ii), (iii) and (iv) for such Transfer Date.
Controlled Amortization Shortfall means, with respect to any Monthly Period during the Controlled Amortization Period, the excess, if any, of the Controlled Payment Amount for the previous Monthly Period over the amounts paid pursuant to Section 4.4(c) with respect to the Class A Monthly Principal and the Class B Monthly Principal for the previous Monthly Period. 8 Indenture Supplement Series 2014-VFN[—]
Controlled Amortization Shortfall means, with respect to any Transfer Date during the Controlled Amortization Period, the excess, if any, of the Controlled Payment Amount for such Transfer Date over the amounts distributed pursuant to Sections 4.11(c)(i) , (ii) , (iii) and (iv) for such Transfer Date.
Controlled Amortization Shortfall means (i) with respect to the first Due Period related to the Controlled Amortization Period, zero, and (ii) with respect to each other Due Period during the Controlled Amortization Period, the excess, if any, of the Controlled Payment Amount for the previous Due Period over the amount of Available Principal Collections distributed as payment of such Controlled Payment Amount on the Distribution Date related to such previous Due Period.
Controlled Amortization Shortfall initially means zero and, with respect to any Monthly Period during the Controlled Amortization Period, means the excess, if any of the Controlled Payment Amount for the previous Monthly Period over the amounts distributed pursuant to Section 4.11(e)(i) with respect to the Class A Certificates for the previous Monthly Period.

Related to Controlled Amortization Shortfall