Corridor Contract Notional Balance definition

Corridor Contract Notional Balance. With respect to any Distribution Date, the Corridor Contract Notional Balance set forth for such Distribution Date in the One-Month LIBOR Corridor Table attached hereto as Exhibit H.
Corridor Contract Notional Balance. With respect to the Corridor Contract, the “Notional Amount” specified therein. Corridor Residual Owner: HSBC Securities (USA) Inc. and its successors and assigns. Cross-over Date: The Distribution Date on which the Class Certificate Balance of each Class of Subordinated Certificates has been reduced to zero.

Examples of Corridor Contract Notional Balance in a sentence

  • The effect of this reduction of the Corridor Contract Notional Balance is to reduce the amount available to cover any Net Rate Carryover on the Offered Certificates (other than the Class A-R Certificates) and any Unpaid Realized Loss Amounts.

  • The new schedule to the Confirmation reduces the Corridor Contract Notional Balance for each Distribution Date after the April 2009 Distribution Date.


More Definitions of Corridor Contract Notional Balance

Corridor Contract Notional Balance. For any Distribution Date, the amount specified as such in the Corridor Contract. Corridor Contract Termination Date: The Distribution Date occurring in February 2018.
Corridor Contract Notional Balance. With respect to the Corridor Contract, the “Notional Amount” specified therein. Corridor Residual Owner: Bank of America Securities LLC. Cross-over Date: The Distribution Date on which the Class Certificate Balance of each Class of Subordinated Certificates has been reduced to zero.
Corridor Contract Notional Balance. With respect to the Corridor Contract, the “Notional Amount” specified therein. Corridor Residual Owner: Citigroup Global Markets Inc. and its successors and assigns. Cross-over Date: The Distribution Date on which the Class Certificate Balance of each Class of Subordinated Certificates has been reduced to zero.
Corridor Contract Notional Balance. As defined in Schedule I of the Prospectus Supplement.
Corridor Contract Notional Balance. Each of the Class A-2 Corridor Contract Notional Balance and the Class A-4 Corridor Contract Notional Balance.
Corridor Contract Notional Balance. For any Distribution Date, the amount specified as such in the Class I-A-1 Corridor Contract.
Corridor Contract Notional Balance. With respect to any Distribution Date, the Class M4, Class M5, Class M6 and Class B Corridor Contract Notional Balance set forth for such Distribution Date in the Class M4, Class M5, Class M6 and Class B LIBOR Cap Table (attached as Schedule I to Exhibit M-3 hereto).