Distribution Amount definition

Distribution Amount means the principal amount of $42,500,000 for each of the COP Swap Counterparties, plus interest, on and after October 15, 2014, on the unpaid Net Amount at the rate applicable to obligations under the Postpetition Financing Agreement, payable in cash in the manner set forth in the COP Swap Settlement Agreement.

Distribution Amount means the sum of (a) Available Funds and (b) Additional Funds Available.

Distribution Amount has the meaning set forth in Section 8.05(a).

Examples of Distribution Amount in a sentence

• With respect to Insurance Proceeds, Liquidation Proceeds, REO Proceeds and the proceeds of the purchase of any Mortgage Loan pursuant to Sections 2.02, 2.03, 2.04 and 4.07 received in any calendar month, the Master Servicer may elect to treat such amounts as included in the Available Distribution Amount for the Distribution Date in the month of receipt, but is not obligated to do so.

• Notwithstanding anything to the contrary herein, in no event shall Advance Reimbursement Amounts or Servicing Advance Reimbursement Amounts be included in the Available Distribution Amount or distributed to Certificateholders.

• The Master Servicer shall hold such Initial Monthly Payment Fund in the Custodial Account and shall include such Initial Monthly Payment Fund in the Available Distribution Amount for the initial Distribution Date.

• Distributions of principal of and interest on this Certificate will be made out of the Available Distribution Amount, to the extent and subject to the limitations set forth in the Pooling and Servicing Agreement, on the 4th Business Day after the related Determination Date (a “Distribution Date”) commencing on the First Distribution Date specified above, to the Person in whose name this Certificate is registered on the applicable Record Date.

• Principal and interest allocated to this Certificate on any Distribution Date will be in an amount equal to this Certificate’s pro rata share of the Available Distribution Amount to be distributed on the Certificates of this Class as of such Distribution Date, with a final distribution to be made upon retirement of this Certificate as set forth in the Pooling and Servicing Agreement.

More Definitions of Distribution Amount

Distribution Amount. As to any Remittance Date, the aggregate amount distributed on the Class M-1 Certificates on such Remittance Date pursuant to Section 6.01.

Distribution Amount means, with respect to any Distribution Date, the sum of (i) the Available Funds for the immediately preceding Determination Date, (ii) the Note Policy Claim Amount, if any, received by the Trustee with respect to such Distribution Date and (iii) amounts deposited by the Security Insurer as an Insurer Optional Deposit, if any.

Distribution Amount. For any Distribution Date, the Available Distribution Amount for such Distribution Date shall be distributed to the Certificates in the following amounts and priority, to the extent of the Available Distribution Amount for such Distribution Date:

Distribution Amount. As to each Distribution Date and Class of Certificates, the aggregate amount to be distributed to such Class on such date pursuant to Section 3.02 hereof.

Distribution Amount shall not cause a further reduction in the Class Principal Balances of any of the Classes of Certificates; and

Distribution Amount means, in relation to a Security and if applicable a Distribution Period, the amount specified in the applicable Issue Terms in respect of that Security if applicable for that Distribution Period;

Distribution Amount. With respect to a Distribution Date, the sum of (i) the Actual Funds for such Distribution Date, and (ii) the Deficiency Claim Amount, if any, received by the Indenture Trustee with respect to such Distribution Date. DISTRIBUTION DATE: The 15th day of each calendar month, or if such 15th day is not a Business Day, the next succeeding Business Day, commencing April 15, 1997 to and including the Final Scheduled Distribution Date.