Current Class B-3 Fractional Interest definition

Current Class B-3 Fractional Interest. As to any Distribution Date subsequent to the first Distribution Date, the percentage obtained by dividing the sum of the Principal Balances of the Class B-4, Class B-5 and Class B-6 Certificates by the sum of the Class A Non-PO Principal Balance and the Class B Principal Balance. As to the first Distribution Date, the Original Class B-3 Fractional Interest.
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Examples of Current Class B-3 Fractional Interest in a sentence

  • I-24 Current Class B-3 Fractional Interest..............................................................