Current Notional Amount definition

Current Notional Amount. With respect to the Class A-IO Certificates, immediately prior to the related Payment Date, for the February 2005 Payment Date, is $1,250,000,000, for the March 2005 Payment Date, $1,186,829,827, for the April 2005 Payment Date, $1,099,349,173, for the May 2005 Payment Date, $1,018,316,110, for the June 2005 Payment Date, $943,254,797, for the July 2005 Payment Date, $873,725,325, and for each Payment Date thereafter, $0. CUT-OFF DATE: January 1, 2005.
Sample 1
Current Notional Amount. With respect to the Class A-IO Certificates as of each Distribution Date, the aggregate Current Principal Amount of the Class A-5 Certificates on that Distribution Date; provided that after December 28, 2009, the Current Notional Amount of the Class A-IO Certificates will equal $0.
Sample 1
Current Notional Amount means, in relation to any Reference Obligation, the commitment outstanding in relation to such Reference Obligation immediately prior to the Refinancing.
Sample 1

Examples of Current Notional Amount in a sentence

  • Interest on this Certificate will accrue during the month prior to the month in which a Distribution Date (as hereinafter defined) occurs on the Current Principal Amount or Current Notional Amount hereof at a per annum rate equal to the Pass-Through Rate as described in and pursuant to the Agreement.

  • The Initial Current Principal Amount or the initial Current Notional Amount of this Certificate is set forth above.

  • Certificate Interest will be payable with respect to the Certificates after the Payment Date on which the Current Principal Amount or Current Notional Amount of the Certificates has been reduced to zero.

  • On the Closing Date, the Grantor Trustee shall execute and countersign a single Certificate in the entire Current Principal Amount for each of the Class A-5-1 Certificates and the Class A-5-2 Certificates and shall execute and countersign a single Certificate in the entire Current Notional Amount for the Class A-IO Certificates.

  • With respect to each Payment Date and the Certificates, interest shall be calculated, on the basis of a 360-day year and the actual number of days in the related Interest Accrual Period, based upon the respective Certificate Interest Rate and the Current Principal Amount or Current Notional Amount of the Certificates applicable to such Payment Date (before giving effect to any payments on the Certificates on such date).

  • The Principal or immediate supervisor shall arrange for a meeting with the grievant and the grievant’s representative(s) to take place within ten (10) days of receipt of the grievance.

  • With respect to each Distribution Date and the Class [__]-IO Certificates, interest shall be calculated, on the basis of a 360-day year and 30-day monthly periods in the Interest Accrual Period, based upon the Certificate Interest Rate of [____]% and the Current Notional Amount of the Class [__]-IO Certificates applicable to such Distribution Date (before giving effect to any payments on the Certificates on such date).

  • On the Closing Date, the Grantor Trustee shall execute and countersign the Certificate in the entire Current Principal Amount or Current Notional Amount of the Certificates.

  • The Current Notional Amount hereof will equal the amount determined pursuant to the Grantor Trust Agreement; PROVIDED, HOWEVER on and after the Distribution Date occurring in November 2012, the Current Notional Amount of the Class A-IO Notes shall equal $0.

  • The notice must be on the Certificateholder’s letterhead, carry a medallion stamp guarantee and set forth the following information: the CUSIP number of both Certificates to be exchanged and Certificates to be received; Current Principal Balance or Current Notional Amount and the original principal balance or notional amount of the Certificates to be exchanged; the Certificateholder’s DTC participant number; and the proposed exchange date.


More Definitions of Current Notional Amount

Current Notional Amount. With respect to the Class V-A-3 Certificates, as of any Distribution Date, the current principal amount of the Bear Stearns Asset Backed Securities I Trust 2007-AC3, Asset-Backed Certificates, Series 2007-AC3, Class A-1 Certifixxxx. With respect o the Class V-AE-6 Certificates, as of any Distribution Date, the Current Principal Amount of the Class V-AE-5 Certificates, with respect to the Class V-AE-10 Certificates, as of any Distribution Date, the Current Principal Amount of the Class V-AE-9 Certificates, with respect to the Class V-AE-12 Certificates, as of any Distribution Date, the Current Principal Amount of the Class V-AE-11 Certificates, with respect to the Class VI-AE-5 Certificates, as of any Distribution Date, the Current Principal Amount of the Class VI-AE-4 Certificates, with respect to the Class VI-AE-9 Certificates, as of any Distribution Date, the Current Principal Amount of the Class VI-AE-8 Certificates and with respect to the Class VI-AE-11 Certificates, as of any Distribution Date, the Current Principal Amount of the Class VI-AE-10 Certificates. Cut-off Date: October 1, 2007.
Sample 1
Current Notional Amount. With respect to any Class [__]-IO Certificate as of any Distribution Date, the outstanding principal balance of the Class [___] Underlying Note; provided that on the first Distribution Date following the [________] Distribution Date and thereafter, the Current Notional Amount of the Class [__]-IO Certificate will equal $0.
Sample 1
Current Notional Amount. With respect to the Class A-IO-1 Certificates as of each Distribution Date, the lesser of the aggregate Current Principal Amount of the Class A-IO-1 Reference Notes on that Distribution Date and the amount determined as follows: December 2005-November 2009 $440,948,000 December 2009 $430,741,000 January 2010 $411,753,000 February 2010 $392,764,000 March 2010 $375,774,000 April 2010 $351,789,000 May 2010 $328,803,000 June 2010 $304,817,000 July 2010 $283,830,000 August 2010 $263,842,000 September 2010 $244,853,000 October 2010 $227,863,000 November 2010 and thereafter $0 With respect to the Class A-IO-2 Certificates as of each Distribution Date, the lesser of the aggregate Current Principal Amount of the Class A-IO-2 Reference Notes on that Distribution Date and the amount determined as follows: December 2005-November 2009 $265,000 December 2009 $259,000 January 2010 $247,000 February 2010 $236,000 March 2010 $226,000 April 2010 $211,000 May 2010 $197,000 June 2010 $183,000 July 2010 $170,000 August 2010 $158,000 September 2010 $147,000 October 2010 $137,000 November 2010 and thereafter $0
Sample 1
Current Notional Amount. With respect to any Class of Notional Amount Certificates as of each Distribution Date, the Current Principal Amount for that Distribution Date of the Class of Senior Principal Certificates of the same Senior Certificate Group. With respect to any Notional Amount Certificate, the Current Principal Amount of a Senior Principal Certificate of the same Senior Certificate Group with an initial Principal Amount equal to the original Notional Amount of such Notional Amount Certificate.
Sample 1
Current Notional Amount. With respect to the Class V-AE-6 Certificates, as of any Distribution Date, the Current Principal Amount of the Class V-AE-5 Certificates, with respect to the Class V-AE-10 Certificates, as of any Distribution Date, the Current Principal Amount of the Class V-AE-9 Certificates, with respect to the Class V-AE-12 Certificates, as of any Distribution Date, the Current Principal Amount of the Class V-AE-11 Certificates, with respect to the Class VI-AE-5 Certificates, as of any Distribution Date, the Current Principal Amount of the Class VI-AE-4 Certificates, with respect to the Class VI-AE-9 Certificates, as of any Distribution Date, the Current Principal Amount of the Class VI-AE-8 Certificates and with respect to the Class VI-AE-11 Certificates, as of any Distribution Date, the Current Principal Amount of the Class VI-AE-10 Certificates. Cut-off Date: October 1, 2007.
Sample 1
Current Notional Amount. With respect to the Class A-X Certificates and each Distribution Date, the sum of the Current Principal Amounts of the Senior Principal Certificates as of such Distribution Date, with respect to the Class A-4X Certificates and each Distribution Date, 1% of the Current Principal Amount for that Distribution Date of the Class A-4 Certificates and with respect to the Class I Certificates and each Distribution Date, the sum of the Scheduled Principal Balances of the Group 1 Mortgage Loans, the Group 2 Mortgage Loans and the Group 3 Mortgage Loans as of the beginning of the related Due Period (or in the case of the first Distribution Date, as of the Cut-off Date). With respect to any Certificate of any such Class, an amount equal to the Fractional Undivided Interest of the Current Notional Amount of such Class as of such Distribution Date.
Sample 1

Related to Current Notional Amount

  • Notional Amount With respect to any Class or Subclass of Interest Only Certificates, an amount used as the principal basis for the calculation of any interest payment amount, as more specifically defined in the Series Supplement.

  • Swap Notional Amount With respect to any Distribution Date is the amount set forth on Schedule II attached hereto with respect to such Distribution Date.

  • Component Notional Amount Not applicable.

  • Class X Notional Amount As of any date of determination, the sum of the then Component Notional Amounts of all the Components.

  • Class A-X Notional Amount With respect to any Distribution Date, an amount equal to the aggregate Scheduled Principal Balance of the Non-Discount Mortgage Loans.

  • Class Notional Amount Not applicable.

  • Class X-D Notional Amount With respect to the Class X-D Certificates as of any date of determination, the sum of the Component Notional Amounts of the Class X-D Components.

  • Class X-A Notional Amount With respect to the Class X-A Certificates as of any date of determination, the sum of the Component Notional Amounts of the Class X-A Components.

  • Initial Notional Amount With respect to any Class or Subclass of Interest Only Certificates, the amount initially used as the principal basis for the calculation of any interest payment amount, as more specifically defined in the Series Supplement.

  • Original Notional Amount With respect to the Class X-1 Notional Amount and Class X-2 Notional Amount, the initial Notional Amount thereof as of the Closing Date, as specified in the Preliminary Statement.

  • Class X-B Notional Amount With respect to the Class X-B Certificates as of any date of determination, the sum of the Component Notional Amounts of the Class X-B Components.

  • Transaction Notional Amount means (A) in respect of any Transaction that is a cross currency hedge, the Base Currency Equivalent of the Currency Amount applicable to Party A’s payment obligations and (B) in respect of any other Transaction, the Base Currency Equivalent of the Notional Amount.

  • Aggregate Notional Amount means, with respect to any date of determination, an amount equal to the sum of the notional amounts or equivalent amounts of all outstanding Hedging Agreements, Replacement Hedging Agreements and Qualified Substitute Arrangements, each as of such date of determination.

  • Certificate Notional Amount With respect to any Interest Only Certificate, as of any date of determination, the then notional principal amount on which such Certificate accrues interest, equal to the product of (a) the then Certificate Factor for the Class of Interest Only Certificates to which such Certificate belongs, multiplied by (b) the amount specified on the face of such Certificate as the initial Certificate Notional Amount thereof.

  • Additional Amount Payment means a payment to a Holder of MuniFund Term Preferred Shares of an amount which, when taken together with the aggregate amount of Taxable Allocations made to such Holder to which such Additional Amount Payment relates, would cause such Holder’s dividends in dollars (after federal income tax consequences) from the aggregate of such Taxable Allocations and the related Additional Amount Payment to be equal to the dollar amount of the dividends that would have been received by such Holder if the amount of such aggregate Taxable Allocations would have been excludable (for federal income tax purposes) from the gross income of such Holder. Such Additional Amount Payment shall be calculated (i) without A-1 consideration being given to the time value of money; (ii) assuming that no Holder of MuniFund Term Preferred Shares is subject to the federal alternative minimum tax with respect to dividends received from the Fund; and (iii) assuming that each Taxable Allocation and each Additional Amount Payment (except to the extent such Additional Amount Payment is designated as an exempt-interest dividend under Section 852(b)(5) of the Code) would be taxable in the hands of each Holder of MuniFund Term Preferred Shares at the maximum marginal regular federal individual income tax rate applicable to ordinary income or net capital gains, as applicable, or the maximum marginal regular federal corporate income tax rate applicable to ordinary income or net capital gains, as applicable, whichever is greater, in effect at the time such Additional Amount Payment is paid.

  • Preliminary Class Notional Amount With respect to each Reference Tranche, the amount which is equal to the Class Notional Amount of such Reference Tranche immediately prior to such Payment Date, after the application of the Preliminary Tranche Write-down Amount in accordance with the same priorities set forth in Section 3.03(b) hereof, and after the application of the Preliminary Tranche Write-up Amount in accordance with the same priorities set forth in the Section 3.03(c) hereof.

  • Uncertificated Notional Amount With respect to REMIC 2 Regular Interest Swap IO and each Distribution Date listed below, the aggregate Uncertificated Principal Balance of the REMIC 1 Regular Interests ending with the designation “A” listed below: 3 I-2-A through I-59-A and II-2-A through II-59-A 4 I-3-A through I-59-A and II-3-A through II-59-A 5 I-4-A through I-59-A and II-4-A through II-59-A 6 I-5-A through I-59-A and II-5-A through II-59-A 7 I-6-A through I-59-A and II-6-A through II-59-A 8 I-7-A through I-59-A and II-7-A through II-59-A 9 I-8-A through I-59-A and II-8-A through II-59-A 10 I-9-A through I-59-A and II-9-A through II-59-A 11 I-10-A through I-59-A and II-10-A through II-59-A 12 I-11-A through I-59-A and II-11-A through II-59-A 13 I-12-A through I-59-A and II-12-A through II-59-A 14 I-13-A through I-59-A and II-13-A through II-59-A 15 I-14-A through I-59-A and II-14-A through II-59-A 19 I-18-A through I-59-A and II-18-A through II-59-A 20 I-19-A through I-59-A and II-19-A through II-59-A 22 I-21-A through I-59-A and II-21-A through II-59-A 24 I-23-A through I-59-A and II-23-A through II-59-A 25 I-24-A through I-59-A and II-24-A through II-59-A 26 I-25-A through I-59-A and II-25-A through II-59-A 27 I-26-A through I-59-A and II-26-A through II-59-A 28 I-27-A through I-59-A and II-27-A through II-59-A 29 I-28-A through I-59-A and II-28-A through II-59-A 30 I-29-A through I-59-A and II-29-A through II-59-A 33 I-32-A through I-59-A and II-32-A through II-59-A 34 I-33-A through I-59-A and II-33-A through II-59-A 35 I-34-A through I-59-A and II-34-A through II-59-A 36 I-35-A through I-59-A and II-35-A through II-59-A 38 I-37-A through I-59-A and II-37-A through II-59-A 39 I-38-A through I-59-A and II-38-A through II-59-A 40 I-39-A through I-59-A and II-39-A through II-59-A 41 I-40-A through I-59-A and II-40-A through II-59-A 42 I-41-A through I-59-A and II-41-A through II-59-A 43 I-42-A through I-59-A and II-42-A through II-59-A 44 I-43-A through I-59-A and II-43-A through II-59-A 45 I-44-A through I-59-A and II-44-A through II-59-A 48 I-47-A through I-59-A and II-47-A through II-59-A 49 I-48-A through I-59-A and II-48-A through II-59-A 50 I-49-A through I-59-A and II-49-A through II-59-A 51 I-50-A through I-59-A and II-50-A through II-59-A 52 I-51-A through I-59-A and II-51-A through II-59-A 53 I-52-A through I-59-A and II-52-A through II-59-A 54 I-53-A through I-59-A and II-53-A through II-59-A 55 I-54-A through I-59-A and II-54-A through II-59-A 56 I-55-A through I-59-A and II-59-A through II-59-A 57 I-56-A through I-59-A and II-56-A through II-59-A 58 I-57-A through I-59-A and II-57-A through II-59-A 59 I-58-A through I-59-A and II-58-A through II-59-A 60 I-59-A and II-59-A thereafter $0.00

  • Accrual Amount With respect to any Class of Accrual Certificates and any Distribution Date prior to the Accrual Termination Date, the amount allocable to interest on such Class of Accrual Certificates with respect to such Distribution Date pursuant to Section 4.02(a)(ii).

  • Nominal Amount means the Nominal Amount as specified in § 1 of the Product and Underlying Data.

  • Original Amount with respect to an Equipment Note, means the stated original principal amount of such Equipment Note and, with respect to all Equipment Notes, means the aggregate stated original principal amounts of all Equipment Notes.

  • Notional Amount Certificates As specified in the Preliminary Statement.

  • Interest Accrual Amount As to any Distribution Date and any Class of Class A Certificates (other than the Class A-PO Certificates), (a) the product of (i) 1/12th of the Class A Pass-Through Rate for such Class and (ii) the Principal Balance of such Class as of the Determination Date preceding such Distribution Date minus (b) the Class A Interest Percentage of such Class of (i) any Non-Supported Interest Shortfall allocated to the Class A Certificates with respect to such Distribution Date, (ii) the interest portion of any Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Class A Certificates with respect to such Distribution Date pursuant to Section 4.02(e) and (iii) the interest portion of any Realized Losses (other than Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses) allocated to the Class A Certificates on or after the Cross-Over Date pursuant to Section 4.02(e). The Class A-PO Certificates have no Interest Accrual Amount. As to any Distribution Date and any Class of Class B Certificates, an amount equal to (i) the product of 1/12th of the Class B Pass-Through Rate and the Principal Balance of such Class as of the Determination Date preceding such Distribution Date minus (ii) the Class B Interest Percentage of such Class of (x) any Non-Supported Interest Shortfall allocated to the Class B Certificates with respect to such Distribution Date and (y) the interest portion of any Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Class B Certificates with respect to such Distribution Date pursuant to Section 4.02(e).

  • Total Nominal Amount means the total aggregate Nominal Amount of the Bonds outstanding at the relevant time.

  • Adjusted Nominal Amount means the Total Nominal Amount less the Nominal Amount of all Bonds owned by a Group Company or an Affiliate, irrespective of whether such Person is directly registered as owner of such Bonds.

  • Aggregate Nominal Amount means the aggregate nominal amount of the Securities set out in the relevant Final Terms.

  • Class A Interest Accrual Amount As to any Distribution Date, the sum of the Interest Accrual Amounts for the Class A Certificates with respect to such Distribution Date.