Insured Distribution Amount definition

Insured Distribution Amount. The Group I Insured Distribution Amount or the Group II Insured Distribution Amount, as the case may be.
Insured Distribution Amount. With respect to any Distribution Date, the sum of (i) the aggregate of the Interest Distribution Amounts and (ii) the OC Deficit, if any for such Distribution Date.
Insured Distribution Amount. With respect to any Distribution Date, the sum of (a) the Class A Interest Distribution Amount with respect to such Distribution Date, (b) the Subordination Deficit, if any, as of such Distribution Date and (c) (i) on the Class A-1 Final Scheduled Maturity Date, the Class A-1 Certificate Principal Balance, (ii) on the Class A-2 Final Scheduled Maturity Date, the Class A-2 Certificate Principal Balance, (iii) on the Class A-3 Final Scheduled Maturity Date, the Class A-3 Certificate Principal Balance, (iv) on the Class A-4 Final Scheduled Maturity Date, the Class A-4 Certificate Principal Balance, (v) on the Class A-5 Final Scheduled Maturity Date, the Class A-5 Certificate Principal Balance and (iv) on the Class A-6 Final Scheduled Maturity Date, the Class A-6 Certificate Principal Balance.

Examples of Insured Distribution Amount in a sentence

  • The "Insured Distribution Amount" with respect to any Pool for any Distribution Date is the sum of the Interest Distribution Amount for the Certificates of such Pool and the Subordination Deficit, if any, with respect to such Pool, in each case with respect to such Distribution Date.

  • The Servicer shall also calculate and provide the Available Amount, the Available Funds Excess, if any, the amount of the Class A Insured Distribution Amount and any Insured Payment and the amount required to be deposited into the Reserve Account to bring the amount remaining on deposit in the Reserve Account (after any withdrawal by the Trustee, and subsequent transfer to the Certificate Account) equal to the Required Reserve Account Level.


More Definitions of Insured Distribution Amount

Insured Distribution Amount. As to any Payment Date, the sum of the Group I Insured Distribution Amount and the Group II Insured Distribution Amount.
Insured Distribution Amount. With respect to any Distribution Date and for any Pool, is the sum of (i) the Interest Distribution Amount for such Pool, (ii) the amount of the Over-collateralization Deficit applicable to such Pool, if any, with respect to such Distribution Date, and (iii) with respect to the Distribution Date which is a Final Stated Maturity Date, the outstanding Note Principal Balance for the related Class of Notes.
Insured Distribution Amount. With respect to any Distribution Date, the sum of (a) the Class A Interest Distribution Amount with respect to such Distribution Date and (b) the Subordination Deficit, if any, as of such Distribution Date.
Insured Distribution Amount. With respect to any Distribution Date, the sum of (i) the Class A-1 Interest Distribution Amount, (ii) the Class A-IO Interest Distribution Amount, (iii) the Overcollateralization Deficit for such Distribution Date and (iv) solely with respect to the Class A-1 Final Scheduled Maturity Date, the remaining Class A-1 Certificate Principal Balance.
Insured Distribution Amount. With respect to any Distribution Date, the Distribution Account Shortfall for such Distribution Date.
Insured Distribution Amount. With respect to any Distribution Date, an amount equal to the sum of (i) the Group II Interest Distribution Amount with respect to such Distribution Date (it being understood that any preference amounts will be paid separately from the Insured Distribution Amount in accordance with the Policy), (ii) the amount of the Group II Overcollateralization Deficit, if any, with respect to such Distribution Date and (iii) with respect to the Distribution Date that is the Last Scheduled Distribution Date with respect to the Class IIA-1 or Class IIA-2 Certificates, the outstanding Certificate Principal Balance of the related Class (without duplication of the amount specified in clause (ii)).