Group III Interest Remittance Amount definition

Group III Interest Remittance Amount. With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date that represents interest received or advanced on the Group III Mortgage Loans.
Group III Interest Remittance Amount. As of any Monthly Remittance Date, the sum, without duplication, of (i) all interest paid during the related Remittance Period with respect to the Home Equity Loans in Group III (net of the Group III Servicing Fee), (ii) all Compensating Interest paid by the Servicer on such Monthly Remittance Date with respect to Group III and (iii) the portion of the Loan Purchase Prices and Substitution Amount relating to interest on the Home Equity Loans in Group III paid by the Seller or the Servicer on or prior to such Monthly Remittance Date and (iv) the interest portion of all Net Liquidation Proceeds actually collected by the Servicer with respect to the Home Equity Loans in Group III during the related Remittance Period.
Group III Interest Remittance Amount. For any Remittance Date, the amount equal to (x) the sum, without duplication, of (i) the aggregate interest portions of the payments (whether or not collected) becoming due on the Group III Mortgage Loans during the immediately preceding Remittance Period and (ii) Compensating Interest with respect to the Group III Mortgage Loans minus (y) the aggregate Master Servicing Fee due to the Master Servicer with respect to the Group III Mortgage Loans for such Remittance Period to the extent not previously paid to, or withheld by, the Master Servicer.

More Definitions of Group III Interest Remittance Amount

Group III Interest Remittance Amount. For any Distribution Date, that portion of the Group III Available Distribution Amount for such Distribution Date that represents interest received or advanced on the Group III Loans.
Group III Interest Remittance Amount. As of any Distribution Date, the sum, without duplication, of (i) all interest due and collected with respect to the related Collection Period on the Group III Mortgage Loans received by the Servicer on or prior to the Determination Date for such Distribution Date and any interest advanced by the Servicer or the Trustee on the Group III Mortgage Loans with respect to the related Collection Period (less the Servicing Fee, amounts available for reimbursement of Advances and Servicing Advances pursuant to Section 3.05 and expenses reimbursable pursuant to Section 6.03, amounts reimbursable or payable to the Trustee pursuant to this Agreement, including, without limitation, Sections 7.01 and 8.05 and amounts reimbursable or payable to the Securities Administrator pursuant to this Agreement, including, without limitation, Sections 8.05 and 9.01(c)), (ii) all Compensating Interest paid by the Servicer on the related Distribution Date with respect to such Mortgage Loans, (iii) the portion of any payment in connection with any Principal Prepayment, substitution, Purchase Price, Termination Price, Insurance Proceeds or Net Liquidation Proceeds relating to interest with respect to such Mortgage Loans received during the related Prepayment Period and (iv) the portion of any Reimbursement Amount relating to such Mortgage Loans received during the related Prepayment Period.
Group III Interest Remittance Amount. For any Distribution Date and the Group III-A, Group III-B or Group III Loans in the aggregate, as applicable, the sum of:
Group III Interest Remittance Amount. As of any Determination Date, the sum, without duplication, of (i) all interest due and collected or advanced with respect to the related Collection Period on the Group III Mortgage Loans (less the Servicing Fee, amounts available for reimbursement of Advances and Servicing Advances pursuant to Section 3.05 and expenses reimbursable pursuant to Section 6.03), (ii) all Compensating Interest paid by the Servicer on such Determination Date with respect to the Group III Mortgage Loans and (iii) the portion of any payment in connection with any substitution, Purchase Price, Termination Price or Net Liquidation Proceeds relating to interest with respect to the Group III Mortgage Loans received during the related Prepayment Period.
Group III Interest Remittance Amount. With respect to any Distribution Date, the portion of the Available Distribution Amount for such Distribution Date that represents interest received, recovered or advanced on the Group III Mortgage Loans (and net of the Servicing Fee, the Credit Risk Management Fee, any Prepayment Charges and after taking into account any other amounts payable or reimbursable to the Trustee, the Custodian, the Securities Administrator, the Credit Risk Manager, the Master Servicer or the Servicer with respect to the Group III Mortgage Loans pursuant to this Agreement or the Custodial Agreements).
Group III Interest Remittance Amount. With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group III Mortgage Loans minus a pro rata portion (based on the aggregate Stated Principal Balance of the Group III Mortgage Loans over the aggregate Stated Principal Balance of the Mortgage Loans) of the sum of any Net Swap Payment owed to the Swap Provider on that Distribution Date and any Swap Termination Payment or unpaid portion thereof owed to the Swap Provider on that Distribution Date (other than a Swap Termination Payment resulting from a Swap Provider Trigger Event).
Group III Interest Remittance Amount. With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group III Mortgage Loans and with respect to the first Distribution Date, the intrest portion of the Group III Initial Deposit minus the sum of any Net Swap Payment owed to the Swap Provider on that Distribution Date and any Swap Termination Payment or unpaid portion thereof owed to the Swap Provider on that Distribution Date (other than a Swap Termination Payment resulting from a Swap Provider Trigger Event).