Group I Class A Principal Distribution Amount. With respect to any Distribution Date (i) prior to the Group I Stepdown Date or any Distribution Date on which a Group I Trigger Event exists, 100% of the Group I Principal Distribution Amount for such Distribution Date and (ii) on or after the Group I Stepdown Date where a Group I Trigger Event does not exist, the excess of (A) the Group I Class A Certificate Principal Balance immediately prior to such Distribution Date over (B) the lesser of (i) 0% of the Stated Principal Balance of the Group I Mortgage Loans as of the end of the immediately preceding Due Period and (II) the excess of the Stated Principal Balance of the Group I Mortgage Loans as of the end of the immediately preceding Due Period over $_______; provided, however, that in no event will the Group I Class A Principal Distribution Amount with respect to any Distribution Date exceed the Group I Class A Certificate Principal Balance.
Group I Class A Principal Distribution Amount. With respect to the Group I Certificates (other than the Group I Fixed Strip Components) for any Distribution Date, the lesser of:
Group I Class A Principal Distribution Amount. With "Group II Class A Principal Distribution Amount": respect to any Distribution Date before the Group I With respect to any Distribution Date before the Stepdown Date or as to which a Group I Trigger Event Group II Stepdown Date or as to which a Group II has occurred, 100% of the Group I Principal Trigger Event has occurred, 100% of the Group II Distribution Amount for such Distribution Date and Principal Distribution Amount for such Distribution with respect to any Distribution Date on or after the Date and with respect to any Distribution Date on or Stepdown Date and as to which a Group I Trigger Event after the Stepdown Date and as to which a Group II has not occurred, the excess of (A) the Group I Class Trigger Event has not occurred, the excess of (A) the A Certificate Principal Balance immediately prior to Group II Class A Certificate Principal Balance such Distribution Date over (B) the lesser of (I) immediately prior to such Distribution Date over (B) 75.40% of the Schedule Principal Balances of Group I the lesser of (I) 65.80% of the Schedule Principal on the preceding Due Date and (II) the Scheduled Balances of Group II on the preceding Due Date and Principal Balances of Group I on the preceding Due (II) the Scheduled Principal Balances of Group II on Date less $597,260. the preceding Due Date less $1,737,045.
Examples of Group I Class A Principal Distribution Amount in a sentence
Notwithstanding clause (v) above, the aggregate amounts distributed on all Distribution Dates to the Holders of the Class A-1 Certificates on account of the Group I Class A Principal Distribution Amount shall not exceed the Original Group I Certificate Principal Balance of the Class A-1 Certificates.
Distributions of the Group I Class A Principal Distribution Amount and amounts allocated pursuant to Section 6.05(c)(vi) and (vii) will be allocated to the Class A-1 Certificates in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance thereof has been reduced to zero.
Distributions of the Group I Class A Principal Distribution Amount and amounts allocated pursuant to Section 6.05(c)(vii) and (ix) and (d)(vii) and (ix) will be distributed to the Class A-1 Certificates in reduction of the Certificate Principal Balance thereof, until the Certificate Principal Balance thereof has been reduced to zero.
Notwithstanding clause (v) above, the aggregate amounts distributed on all Distribution Dates to the Holders of the Class A-1 Certificates on account of the Group I Class A Principal Distribution Amount shall not exceed the Original Group I Certificate Principal Balance for the Class A-1 Certificates.
Notwithstanding clause (v) above, the aggregate amounts distributed on all Distribution Dates to the Holders of the Class A-1 Certificates or Class A-2 Certificates on account of the Group I Class A Principal Distribution Amount shall not exceed the Original Group I Certificate Principal Balance of the Class A-1 Certificates or Class A-2 Certificates.
More Definitions of Group I Class A Principal Distribution Amount
Group I Class A Principal Distribution Amount. As of any Payment Date (a) prior to the Group I Stepdown Date or on or after the Group I Stepdown Date if a Group I Trigger Event is in effect, 100% of the Group I Principal Distribution Amount or (b) on or after the Group I Stepdown Date and as to which a Group I Trigger Event is not in effect, the excess of (x) the aggregate Certificate Principal Balance of the Class A Certificates relating to Group I immediately prior to such Payment Date over (y) the lesser of (A) the product of (i) 68.50% and (ii) the outstanding Loan Balance of the Mortgage Loans in Group I as of the last day of the related Remittance Period and (B) the outstanding aggregate Loan Balance of the Mortgage Loans in Group I as of the last day of the related Remittance Period minus $1,750,000.
Group I Class A Principal Distribution Amount. With respect to any Distribution Date before the Group I Stepdown Date or as to which a Group I Trigger Event has occurred, 100% of the Group I Principal Distribution Amount for such Distribution Date and with respect to any Distribution Date on or after the Stepdown Date and as to which a Group I Trigger Event has not occurred, the excess of:
Group I Class A Principal Distribution Amount. For any Payment Date is an amount equal to the lesser of:
Group I Class A Principal Distribution Amount. With respect to any Distribution Date (i) prior to the Group I Stepdown Date or any Distribution Date on which a Group I Trigger Event exists, 100% of the Group I Principal Distribution Amount for such Distribution Date and (ii) on or after the Group I Stepdown Date where a Group I Trigger Event does not exist, the excess of (A) the Group I Class A Certificate Principal Balance immediately prior to such Distribution Date over (B) the lesser of (I) 75.50% of the Stated Principal Balance of the Group I Mortgage Loans as of the end of the immediately preceding Due Period and (II) the Stated Principal Balance of the Group I Mortgage Loans as of the end of the immediately preceding Due Period less $1,000,000.
Group I Class A Principal Distribution Amount. With respect to the Group I Certificates and any Distribution Date, the Class A Principal Distribution Amount multiplied by a fraction, the numerator of which is the Principal Remittance Amount for the Group I Mortgage Loans and the denominator of which is the Principal Remittance Amount for both Loan Groups for such Distribution Date.
Group I Class A Principal Distribution Amount. As of any Payment Date (a) prior to the Group I Stepdown Date or with respect to which a Group I Trigger Event is in effect, 100% of the Group I Principal Distribution Amount and (b) on or after the Group I Stepdown Date or as to which a Group I Trigger Event is not in effect, the excess of (x) the Aggregate Certificate Principal Balance of the Group I Class A Certificates immediately prior to such Payment Date over (y) the product of (i) 70% and (ii) the outstanding Loan Balance of the Mortgage Loans in Group I as of the last day of the related Remittance Period.
Group I Class A Principal Distribution Amount. With respect to any Distribution Date on or after the Stepdown Date on which a Trigger Event is not in effect, an amount, not less than zero, equal to the lesser of (A) the aggregate Certificate Principal Balance of the Group I Certificates immediately prior to such Distribution Date and (B) the excess of (x) the aggregate Certificate Principal Balance of the Group I Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 61.30% and (ii) the aggregate Stated Principal Balance of the Group I Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Group I Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) minus $1,167,043.05.