Lower Tier Accrual Amount definition

Lower Tier Accrual Amount. As to any calendar month, all accrued and unpaid interest in respect of the Lower Tier Accrual Classes that is added to the Class Balances thereof pursuant to Section 2.02 hereof.
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Lower Tier Accrual Amount. With respect to any Distribution Date, any interest accrued and added on such Distribution Date to the Class Balances of Lower Tier Interests 5 or 6.
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Lower Tier Accrual Amount. The Lower Tier REMIC 1 Accrual Amount or Lower Tier REMIC 2 Accrual Amount, as applicable.
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More Definitions of Lower Tier Accrual Amount

Lower Tier Accrual Amount. As to any Two Tier Series and any calendar month, all accrued and unpaid interest in respect of any Lower Tier Accrual Interests of such Series that is added to the Class Balances thereof pursuant to Section 3.02 hereof.
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Lower Tier Accrual Amount. As to any calendar month, all accrued and unpaid interest in respect of the Lower Tier Accrual Classes that is added to the Class Balances thereof pursuant to Section 2.02 hereof. Lower Tier Accrual Classes: Lower Tier Classes 11, 33, 34, 40, 41, 44 and 45. Lower Tier Classes: The Lower Tier Regular Classes and the Class 46-RL Certificate. Lower Tier Distribution Amount: As to any calendar month the sum of:
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Related to Lower Tier Accrual Amount

  • Interest Accrual Amount As to any Distribution Date and any Class of Class A Certificates (other than the Class A-PO Certificates), (a) the product of (i) 1/12th of the Class A Pass-Through Rate for such Class and (ii) the Principal Balance of such Class as of the Determination Date preceding such Distribution Date minus (b) the Class A Interest Percentage of such Class of (i) any Non-Supported Interest Shortfall allocated to the Class A Certificates with respect to such Distribution Date, (ii) the interest portion of any Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Class A Certificates with respect to such Distribution Date pursuant to Section 4.02(e) and (iii) the interest portion of any Realized Losses (other than Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses) allocated to the Class A Certificates on or after the Cross-Over Date pursuant to Section 4.02(e). The Class A-PO Certificates have no Interest Accrual Amount. As to any Distribution Date and any Class of Class B Certificates, an amount equal to (i) the product of 1/12th of the Class B Pass-Through Rate and the Principal Balance of such Class as of the Determination Date preceding such Distribution Date minus (ii) the Class B Interest Percentage of such Class of (x) any Non-Supported Interest Shortfall allocated to the Class B Certificates with respect to such Distribution Date and (y) the interest portion of any Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Class B Certificates with respect to such Distribution Date pursuant to Section 4.02(e).

  • Accrual Amount With respect to any Class of Accrual Certificates and any Distribution Date prior to the Accrual Termination Date, the amount allocable to interest on such Class of Accrual Certificates with respect to such Distribution Date pursuant to Section 4.02(a)(ii).

  • Class X Notional Amount As of any date of determination, the sum of the then Component Notional Amounts of all the Components.

  • Lower-Tier Regular Interest Each of the Class LT-A-1, Class LT-A-2, Class LT-M-1, Class LT-M-2, Class LT-B-1 and Class LT-Accrual Interests as described in the Preliminary Statement.

  • Interest Accrual Period means the period beginning on (and including) the Interest Commencement Date and ending on (but excluding) the first Interest Period Date and each successive period beginning on (and including) an Interest Period Date and ending on (but excluding) the next succeeding Interest Period Date.

  • REMIC II Overcollateralization Amount With respect to any date of determination, (i) 0.50% of the aggregate Uncertificated Balances of the REMIC II Regular Interests (other than REMIC II Regular Interest P) minus (ii) the aggregate of the Uncertificated Balances of REMIC II Regular Interest A-1, REMIC II Regular Interest A-2A, REMIC II Regular Interest A-2B, REMIC II Regular Interest A-2C, REMIC II Regular Interest A-2D, REMIC II Regular Interest M-1, REMIC II Regular Interest M-2, REMIC II Regular Interest M-3, REMIC II Regular Interest M-4, REMIC II Regular Interest M-5, REMIC II Regular Interest M-6, REMIC II Regular Interest M-7, REMIC II Regular Interest M-8, REMIC II Regular Interest M-9, REMIC II Regular Interest M-10 and REMIC II Regular Interest M-11, in each case as of such date of determination.

  • Upper-Tier Regular Interest As described in the Preliminary Statement.