Lower Tier Principal Distribution Amount definition

Lower Tier Principal Distribution Amount. With respect to any calendar month, the sum of (i) the Cash Flow Distribution Amount and (ii) the Lower Tier Accrual Amount, if any.
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Lower Tier Principal Distribution Amount. With respect to each Lower Tier Regular Interest and any Distribution Date, the sum of the following amounts, without duplication:
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Lower Tier Principal Distribution Amount. With respect to any calendar month, the sum of (i) the Cash Flow Distribution Amount and (ii) the Lower Tier Accrual Amount, if any. Lower Tier Regular Classes: The Classes listed on the Lower Tier Schedule, other than the RL Class.
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Examples of Lower Tier Principal Distribution Amount in a sentence

  • On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes, from the Principal Distribution Amount as provided herein.

  • On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Classes in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein.

  • On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes from the Principal Distribution Amount as provided herein.

  • The aggregate amount of principal distributable in respect of the Lower Tier Regular Interests during any calendar month shall equal the Lower Tier Principal Distribution Amount for such calendar month.

  • On each Distribution Date, the Lower Tier Principal Distribution Amount shall be applied as principal of particular Lower Tier Regular Interests in amounts corresponding to the respective amounts required to be applied as principal of their related Companion Classes pursuant to the priorities set forth in Section 3.02.


More Definitions of Lower Tier Principal Distribution Amount

Lower Tier Principal Distribution Amount. With respect to any calendar month, the Principal Distribution Amount.
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Lower Tier Principal Distribution Amount. With respect to any Distribution Date, the Cash Flow Distribution Amount for such Distribution Date.
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Lower Tier Principal Distribution Amount. With respect to a particular Distribution date, an amount equal to the sum of (i) the Cash Flow Distribution Amount for such Distribution Date and (ii) the Lower Tier Accrual Amount for such Distribution Date.
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Lower Tier Principal Distribution Amount. With respect to any calendar month, the sum of the Lower Tier I Principal Distribution Amount and the Lower Tier II Principal Distribution Amount.
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Lower Tier Principal Distribution Amount. With respect to any calendar month, the Cash Flow Distribution Amount for such calendar month.
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Lower Tier Principal Distribution Amount. As to any calendar month, the aggregate amount of principal distributable in respect of the Group 1 MBS and Group 2 SMBS in such calendar month.
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Lower Tier Principal Distribution Amount. With respect to any calendar month, the sum of (i) the Cash Flow Distribution Amount for such calendar month and (ii) all interest that has
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