Group 1 Interest Distribution Amount definition

Group 1 Interest Distribution Amount. As to any Distribution Date, an amount equal to the sum of: (i) all interest distributions received by the Trustee since the preceding Distribution Date (or since the Closing Date, in the case of the first Distribution Date) on the Group 1 Mortgage Certificates as the Interest Distribution Amount (as defined in the related Underlying Pooling Agreement), (ii) the interest portion of the Repurchase Price received by the Trustee in connection with any repurchase of the Group 1 Mortgage Certificates pursuant to Section 2.05(f), and (iii) the interest portion of the Termination Price received by the Trustee in connection with the purchase of the Group 1 Mortgage Certificates pursuant to Section 7.01. Group 1 Mortgage Certificates: The 25.43161% percentage interest of Banc of America Mortgage Trust 2005-3, Class 2-A-2 Certificates.

Group 1 Interest Distribution Amount. For the Class 1-A-1 and Class 1-A-X Certificates for each Distribution Date, an amount equal to (i) with respect to the Class 1-A-1 Certificates, the sum of (a) the Accrued Certificate Interest for such Class for such Distribution Date and (b) the Group 1 Basis Risk Payment for such Distribution Date and (ii) with respect to the Class 1-A-X Certificates, the Accrued Certificate Interest for such Class for such Distribution Date, less the Group 1 Basis Risk Payment for such Distribution Date (provided that, for federal income tax purposes, Group 1 Basis Risk Payments shall be deemed distributed from the Distribution Account in respect of the Upper-Tier REMIC Regular Interest related to the Class 1-A-X Certificates to the Group 1 Basis Risk Account for the benefit of the Class 1-A-1 Certificates).

Group 1 Interest Distribution Amount. For the Class 1-A-1, Class 1-A-2 and Class 1-A-X Certificates for each Distribution Date, an amount equal to (i) with respect to the Class 1-A-1 Certificates, the sum of (a) the Accrued Certificate Interest for such Class for such Distribution Date and (b) the portion of the Group 1 Basis Risk Payment for the Class 1-A-1 Certificates for such Distribution Date, (ii) with respect to the Class 1-A-2 Certificates, the sum of (a) the Accrued Certificate Interest for such Class for such Distribution Date and (b) the portion of the Group 1 Basis Risk Payment for the Class 1-A-2 Certificates for such Distribution Date and (iii) with respect to the Class 1-A-X Certificates, the Accrued Certificate Interest for such Class for such Distribution Date, less the Group 1 Basis Risk Payment for such Distribution Date (provided that, for federal income tax purposes, Group 1 Basis Risk Payments shall be deemed distributed from the Distribution Account in respect of the Upper-Tier REMIC Regular Interest related to the Class 1-A-X Certificates to the Group 1 Basis Risk Account for the benefit of the Class 1-A-1 and Class 1-A-2 Certificates), and such amount shall be deemed distributed to the Class 1-A-1 and Class 1-A-2 Certificates from the Group 1 Basis Risk Account.

More Definitions of Group 1 Interest Distribution Amount

Group 1 Interest Distribution Amount. For any Distribution Date and each interest-bearing Class of Group 1 Certificates, the sum of (i) the Accrued Certificate Interest, subject to reduction pursuant to Section 5.02(c) and (ii) any Class Unpaid Interest Shortfall for such Class.

Group 1 Interest Distribution Amount or "Component Interest Distribution Amount" after its Class Certificate Balance, Component Balance or Notional Amount, as the case may be, has been reduced to zero. On any Distribution Date, amounts distributed in respect of the Class PO Deferred Amount (including the distribution of the Class PO Recoveries) will not reduce the Class Certificate Balance of the Class 30-PO Certificates.