Group 4 Principal Distribution Amount definition

Group 4 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 1993- G27-S REMIC Certificate held in the Trust Fund and identified in the Xxxxxx Mae Security Schedule.

Group 4 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 4 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 4 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 Group 4 MBS.

Examples of Group 4 Principal Distribution Amount in a sentence

• Xx each Distribution Date, the Group 4 Principal Distribution Amount will be distributed, sequentially, as principal of the Class 45-J and Class 45-K Certificates, in that order, until the respective Class Certificate Principal Balances thereof are reduced to zero.

• During each calendar month, distributions in reduction of the Certificate Balances of the Certificates of the Group 3 Classes and the Group 4 Class shall be made in amounts equal to the Group 3 Principal Distribution Amount and Group 4 Principal Distribution Amount, respectively, and shall be distributed in the amounts and in the priorities specified in the Prospectus Supplement.

• Xx each Distribution Date, the Group 4 Principal Distribution Amount shall be distributed as principal of the Class 20-FB Certificates, until the Class Certificate Principal Balance thereof is reduced to zero.

• Any distribution of principal pursuant to the preceding sentence shall be deemed to be part of the Group 4 Principal Distribution Amount for purposes of all future calculations of Class Factors.

• During each calendar month, distributions in reduction of the Certificate Balances of the Upper Tier Trust Certificates shall be made in an amount equal to the sum of the Group 1 Principal Distribution Amount, Group 2 Principal Distribution Amount, Group 3 Principal Distribution Amount, Group 4 Principal Distribution Amount and Group 5 Principal Distribution Amount and shall be distributed in the amounts and in the priorities specified in the Prospectus Supplement.

More Definitions of Group 4 Principal Distribution Amount

Group 4 Principal Distribution Amount. For any Payment Date and the Group 4 Loans, the sum of (a) the related Basic Principal Distribution Amount and (b) the related Overcollateralization Increase Amount.

Group 4 Principal Distribution Amount. As to any Distribution Date, the sum of (i) the Group 4 Principal Remittance Amount minus the Overcollateralization Release Amount, if any, and (ii) the Extra Principal Distribution Amount, if any.

Group 4 Principal Distribution Amount. With respect to any Distribution Date, the amount calculated for such Distribution Date pursuant to Section 3.03. Holders: With respect to the Trust Fund, all of the Certificateholders of Trust Fund Certificates. With respect to the Lower Tier REMIC, the Class 29-RL Certificateholder and the Trustee, as the case may be, as holders of the Lower Tier Interests.

Group 4 Principal Distribution Amount. As to any Distribution Date, the aggregate distributions of principal concurrently made on the Group 4 MBS. Holders: All of the Certificateholders.

Group 4 Principal Distribution Amount. With respect to any Distribution Date, the sum of (a) each scheduled payment of principal collected or advanced on the Group 4 Mortgage Loans by the related Servicer or the Master Servicer in respect of the related Due Period, (b) that portion of the Purchase Price, representing principal of any repurchased or purchased Group 4 Mortgage Loan, deposited to the Distribution Account during the related Prepayment Period, (c) the principal portion of any related Substitution Adjustments deposited in the Distribution Account during the related Prepayment Period with respect to any Group 4 Mortgage Loan, (d) the principal portion of all Insurance Proceeds received during the related Prepayment Period with respect to Mortgage Loans that are not yet Liquidated Mortgage Loans, (e) the principal portion of all Net Liquidation Proceeds received during the related Prepayment Period with respect to Liquidated Mortgage Loans (other than Recoveries) in Loan Group 4, (f) all Principal Prepayments (net of Deferred Interest) in part or in full on Group 4 Mortgage Loans applied by the Servicers or the Master Servicer during the related Prepayment Period, (g) all Recoveries received during the related Prepayment Period with respect to Group 4 Mortgage Loans and (h) on the Distribution Date on which the Trust is to be terminated in respect of the Group 4 Mortgage Loans pursuant to Section 10.01(b) hereof, the Group 4 Termination Price in respect of principal.

Group 4 Principal Distribution Amount. With respect to any Distribution Date, the Available Distribution Amount for Pool 4 for such Distribution Date minus amounts distributed to the Class 4-A1 and Class 4-A2 Certificates on such Distribution Date in accordance with Section 5.02(a)(i) and (ii).

Group 4 Principal Distribution Amount. As to any Distribution Date, the aggregate distributions of principal of the Group 4 MBS made on the Related Security Distribution Due Date. Group 5 Certificates: The Class 42-EA, Class 42-EB, Class 42-EM, Class 42-EN, Class 42-FD, Class 42-SD, Class 42-EG, Class 42-SG, Class 42-FE, Class 42-SE and Class 42-ED Certificates.