MONTHLY CERTIFICATEHOLDER REPORT definition
MONTHLY CERTIFICATEHOLDER REPORT means a report prepared pursuant to Section 5.4 by the Trustee as to each Distribution Date generally in the form and substance of Exhibit G-1, which sets forth, to the extent applicable; (i) the amount, if any, of the distributions on such Distribution Date to the Holders of each Class of Principal Balance Certificates applied to (A) reduce the respective Class Principal Balance thereof and (B) reimburse previously allocated Realized Losses and/or Expense Losses (with interest); (ii) the amount, if any, of the distributions to Holders of each Class of REMIC III Regular Certificates allocable to (A) Distributable Certificate Interest and (B) Prepayment Premiums; (iii) the number and aggregate Stated Principal Balance of Mortgage Loans in the Mortgage Pool at the close of business on the related Determination Date; (iv) the number and aggregate Stated Principal Balance of Mortgage Loans in the Mortgage Pool that are at the close of business on the related Determination Date (A) delinquent one month, (B) delinquent two months, (C) delinquent three or more months or (D) as to which foreclosure proceedings have been commenced; (v) with respect to any REO Property acquired during the related Collection Period, the Stated Principal Balance of the related Mortgage Loan as of the date of acquisition of the REO Property; (vi)(A) the latest appraised value of any REO Property included in the Trust Fund as of the related Determination Date, (B) as to any REO Property sold during the related Collection Period, the date of the related Final Recovery Determination and the amount of the proceeds of such sale deposited into the Collection Account, and (C) the aggregate amount of other revenues collected by the Special Servicer with respect to each REO Property during the related Collection Period and credited to the Collection Account, in each case identifying such REO Property by the loan number of the related Mortgage Loan; (vii) the Class Principal Balance or Class X Notional Amount, as the case may be, and Certificate Factor of each Class of REMIC III Regular Certificates before and after giving effect to the distributions made on such Distribution Date; (viii) the aggregate amount of Principal Prepayments made during the related Collection Period; (ix) the Pass-Through Rate applicable to each Class of REMIC III Regular Certificates for such Distribution Date; (x) the aggregate amount of servicing fees retained by or paid to the Master Servicer and the Special Service...
Examples of MONTHLY CERTIFICATEHOLDER REPORT in a sentence
EXHIBIT M FORM OF MONTHLY CERTIFICATEHOLDER REPORT...............
EXHIBIT G-1 FORM OF MONTHLY CERTIFICATEHOLDER REPORT ABN AMRO ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Capital I Inc., as Depositor Statement Date: 04/15/98 LaSalle National Bank ▇▇▇▇▇▇ Financial Capital Funding Inc.