Group 3 Distribution Amount definition

Group 3 Distribution Amount. For any Distribution Date, the Principal Distribution Amount related to the Group 3 Loans.
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Group 3 Distribution Amount. As to any Distribution Date, the sum of (i) the Group 3 Principal Distribution Amount and (ii) all interest accrued on the Group 3 Certificates during the related Interest Accrual Period.
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Group 3 Distribution Amount. With respect to any Distribution Date, the aggregate amount of interest payable on the Companion Classes that are related to the Group 3 Classes on that Distribution Date.
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Examples of Group 3 Distribution Amount in a sentence

  • In the event that amounts remain in the Grantor Trust Account in any month following distribution of the Group 1 Distribution Amount and Group 3 Distribution Amount for that Distribution Date, such amounts may be withdrawn by ▇▇▇▇▇▇ ▇▇▇ as compensation for its administrative and guaranty obligations or as reimbursement to ▇▇▇▇▇▇ Mae for any advance by it pursuant to such guaranty obligations under Section 2.03 hereof.

  • In the event that the amount on deposit in the Base Trust Account on any Distribution Date shall be less than the Group 3 Distribution Amount and Group 4 Distribution Amount, ▇▇▇▇▇▇ Mae shall provide from its own funds the amount of any insufficiency.

  • On each Distribution Date, ▇▇▇▇▇▇ ▇▇▇ shall withdraw from the Base Trust Account the Group 3 Distribution Amount and Group 4 Distribution Amount distributable on the Group 3 Classes and the Group 4 Class, respectively, and shall make the distributions to the Holders of the related Classes in the respective amounts and in the applicable manner determined as provided herein.

  • In the event that the amount on deposit in the REMIC Trust Account shall be less than the Group 1 and Group 3 Distribution Amount for such Distribution Date, then ▇▇▇▇▇▇ ▇▇▇ shall provide from its own funds the amount of any insufficiency.

  • The Group 3 Distribution Amount shall be applied to payment of interest on the 54A-3 and 54A-4 Classes.


More Definitions of Group 3 Distribution Amount

Group 3 Distribution Amount. As to any calendar month, the sum of:
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Group 3 Distribution Amount. With respect to any Distribution Date, an amount equal to the sum of (i) the Group 3 Principal Distribution Amount for such Distribution Date and (ii) all interest accrued with respect to the Group 3 Certificates during the preceding Interest Accrual Period.
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