Group I Subordinate Amount. As to any Distribution Date, the excess of (i) the Group I Pool Balance (Non-PO Portion) over (ii) the Group I-A Non-PO Principal Balance.
Group I Subordinate Amount. On any date of determination, the excess of the aggregate Stated Principal Balance of the Group I Loans as of such date over the aggregate Certificate Principal Balance of the Group I Certificates then outstanding.
Group I Subordinate Amount. The excess of the aggregate Scheduled Principal Balance of the Group I Loans minus the sum of the Certificate Principal Balances of the Class IA Certificates and the Class R Certificate.
Examples of Group I Subordinate Amount in a sentence
EXTERNAL USE LEHMAN BROTHERS RESIDENTIAL MORTGAGE FINANCE Principal Paydown Rules (cont.): (1) The Subordinate Amounts are calculated as follows: Group I Subordinate Amount: Total Mortgage Pool 1 collateral, less the current principal balance of the Pool 1 Senior Bonds (excluding notional balances).
EXTERNAL USE LEHMAN BROTHERS RESIDENTIAL MORTGAGE FINANCE Principal Paydown Rules (cont.): -------------------------------- (1) The Subordinate Amounts are calculated as follows: Group I Subordinate Amount: --------------------------- Total Mortgage Pool 1 collateral less the current principal balance of the Pool 1 Senior Bonds (excluding notional balances).
More Definitions of Group I Subordinate Amount
Group I Subordinate Amount. The excess of the aggregate Scheduled Principal Balance of the Group I Loans (exclusive of the Group I Discount Fractional Principal Amount) over the sum of the Certificate Principal Balances of the Class IA Certificates (exclusive of the Certificate Principal Balance of the Class A-P Certificates).
Group I Subordinate Amount. On any date of determination, the excess of the aggregate Stated Principal Balance of the Group I Loans as of such date over the aggregate Certificate Principal Balance of the Group I Certificates then outstanding. Group II Certificates: The Class II-A-1, Class II-A-2 and Class II-A-3 Certificates. Group II Cut-off Date Principal Balance: $405,250,608.35.
Group I Subordinate Amount. The excess of the aggregate Scheduled Principal Balance of the Group I Loans minus the sum of the Certificate Principal Balances of the Class IA Certificates and the Class R Certificate. Group I Subordinate Components: Component 1M-1 of the Class 1M Certificates, Component 1B-1-1 of the Class 1B-1 Certificates, Component 1B-2-1 of the Class 1B-2 Certificates, Component 1B-3-1 of the Class 1B-3 Certificates, Component 1B-4-1 of the Class 1B-4 Certificates and Component 1B-5-1 of the Class 1B-5 Certificates.
Group I Subordinate Amount. With respect to any Distribution Date, the excess of the Stated Principal Balances of the Group I Mortgage Loans as of such Distribution Date over the aggregate Certificate Principal Balance of the Group I Senior Certificates immediately after such Distribution Date.
Group I Subordinate Amount. The excess of the aggregate Scheduled Principal Balance of the Group I Loans minus the sum of the Certificate Principal Balances of the Class IA Certificates and the Class R Certificate. Group I Subordinate Certificates: The Class IM, Class IB-1, Class IB-2, Class IB-3, Class IB-4 and Class IB-5 Certificates, collectively, and designated as such on the face thereof in substantially the form attached hereto as Exhibits A-9 through A-14, respectively and for purposes of this Agreement, the "order of Seniority" from highest to lowest of such certificates shall be the order designated in the beginning of this definition.
Group I Subordinate Amount. The excess of the aggregate Scheduled Principal Balance of the Group I Loans minus the sum of the Certificate Principal Balances of the Class IA Certificates and the Class R Certificate. Group I Subordinate Certificates: The Class IM, Class IB-1, Class IB-2, Class IB-3, Class IB-4 and Class IB-5 Certificates, collectively, and designated as such on the face thereof in substantially the form attached hereto as Exhibits A-22 and Exhibit A-24 through A-28, respectively and for purposes of this Agreement, the "order of Seniority" from highest to lowest of such certificates shall be the order designated in the beginning of this definition.
Group I Subordinate Amount. On any Distribution Date, the excess, if any, of the aggregate Principal Balance of the Group I Loans, as of the second preceding Due Date after giving effect to payments scheduled to be received as of such Due Date, whether or not received, and after giving effect to any Principal Prepayments distributed on the prior Distribution Date, over the then outstanding aggregate Class Principal Balance of the Class I Certificates.