Group 3 Principal Distribution Amount definition

Group 3 Principal Distribution Amount. With respect to each Distribution Date, the product of (i) the Principal Distribution Amount and (ii) a fraction, the numerator of which is the Principal Remittance Amount for Loan Group 3 for that Distribution Date and the denominator of which is the aggregate Principal Remittance Amount for all of the Loan Groups for that Distribution Date.

Group 3 Principal Distribution Amount. As to any Distribution Date, the aggregate distributions of principal to be made on the Related Security Distribution Due Date in respect of the Group 3 MBS.

Group 3 Principal Distribution Amount. As to any Distribution Date, the aggregate distributions of principal made on the concurrent Security Distribution Due Date in respect of the Class 1990-33-A, Class 1990-33-B and Class 1990-33-C REMIC Certificates held in the Lower Tier REMIC and identified in the Xxxxxx Mae Security Schedule.

Examples of Group 3 Principal Distribution Amount in a sentence

• Xx each Distribution Date, the Group 3 Principal Distribution Amount will be distributed as principal of the Class 59-K Certificates, until the Class Certificate Principal Balance thereof is reduced to zero.

• Xx each Distribution Date, the Group 3 Principal Distribution Amount shall be distributed sequentially, as principal of the Class 20-A, Class 20-B, Class 20-E, Class 20-C and Class 20-D Certificates, in that order, until the respective Class Certificate Principal Balances thereof are reduced to zero.

• As promptly as practicable following the second publication of Certificate Principal Factors pursuant to Section 3.07, Xxxxxx Mae shall deposit in the Funding Account any amount by which the Group 1 Principal Distribution Amount and Group 3 Principal Distribution Amount, as applicable, for the related month is in excess of the amount at the time on deposit therein.

• Xx each Distribution Date, the Group 3 Principal Distribution Amount shall be distributed as principal of the Class 42-K Certificates, until the Class Certificate Principal Balance thereof is reduced to zero.

• Group 3 Principal Distribution Amount ZC Accrual AmountOn each Distribution Date, we will pay the ZC Accrual Amount, sequentially, as principal of the CA, CB, CD, DA and DB Classes, in that order, until their principal balances are reduced to zero.

More Definitions of Group 3 Principal Distribution Amount

Group 3 Principal Distribution Amount. With respect to any Distribution Date is the sum of (i) the Group 3 Basic Principal Distribution Amount for such Distribution Date and (ii) the product of (a) the Pool 2 Overcollateralization Increase Amount for such Distribution Date and (b) the Group 3 Percentage.

Group 3 Principal Distribution Amount. As to any Distribution Date, the distribution of principal made on the concurrent Security Distribution Due Date in respect of the Class 1994-15- F REMIC Certificate held in the Lower Tier REMIC and identified in the Xxxxxx Mae Security Schedule.

Group 3 Principal Distribution Amount. For any Distribution Date, the Group 3 Basic Principal Distribution Amount plus the Group 3 Extra Principal Distribution Amount.

Group 3 Principal Distribution Amount. As of any Distribution Date, the amount equal to the lesser of (i) the aggregate Class Certificate Balance of the Class A-3 Certificates and (ii) the product of (x) the Group 3 Principal Distribution Percentage and (y) the Senior Principal Distribution Amount; provided, however, that (A) with respect to any Distribution Date on which the Class A-3 Certificates are outstanding and the Class Certificate Balances of the Class A-1 and Class R Certificates are reduced to zero, the Group 1 Principal Distribution Percentage of the Senior Principal Distribution Amount in excess of the amount necessary to reduce the Class Certificate Balance of the Class A-1 Certificates and Class R Certificates to zero will be applied pro rata to increase the Group 2 Principal Distribution Amount (so long as any of the Class A-2 Certificates are outstanding) and the Group 3 Principal Distribution Amount (so long as any of the Class A-3 Certificates are outstanding) in proportion to the respective Class Certificate Balances of such Classes, as applicable, and (B) with respect to any Distribution Date on which the Class A-3 Certificates are outstanding and the Class Certificate Balances of the Class A-2 Certificates are reduced to zero, the Group 2 Principal Distribution Percentage of the Senior Principal Distribution Amount in excess of the amount necessary to reduce the Class Certificate Balance of the Class A-2 Certificates to zero will be applied pro rata to increase the Group 1 Principal Distribution Amount (so long as any of the Class A-1 or Class R Certificates are outstanding) and the Group 3 Principal Distribution Amount (so long as any of the Class A-3 Certificates are outstanding) in proportion to the respective Class Certificate Balances of such Classes, as applicable.

Group 3 Principal Distribution Amount. For any Payment Date and the ---------------------------------------- Group 3 Loans, the sum of (a) the related Basic Principal Distribution Amount and (b) the related Overcollateralization Increase Amount.

Group 3 Principal Distribution Amount. With respect to Pool 3 and any Distribution Date, the Available Distribution Amount for Pool 3 remaining after the payment of the applicable Interest Distribution Amount for Group 3.

Group 3 Principal Distribution Amount. With respect to any Distribution Date is the sum of (i) the excess of (x) the Principal Remittance Amount relating to the Group 3 Mortgage Loans over (y) the Overcollateralization Release Amount multiplied by the Group 3 Allocation Percentage for such Distribution Date and (ii) the Extra Principal Distribution Amount for such Distribution Date multiplied by the Group 3 Allocation Percentage. Fremont 2004-D Pooling & Servicing Agreement