Non-Supported Interest Shortfall. As defined in Section 4.02.
Non-Supported Interest Shortfall. With respect to any Distribution Date, the excess, if any, of the aggregate Prepayment Interest Shortfall on the Mortgage Loans over the aggregate Compensating Interest with respect to such Distribution Date. With respect to each Distribution Date occurring on or after the Cross-Over Date, the Non-Supported Interest Shortfall determined pursuant to the preceding sentence will be increased by the amount of any Cross-Over Date Interest Shortfall for such Distribution Date. Any Non-Supported Interest Shortfall will be allocated to (a) the Class A Certificates according to the percentage obtained by dividing the Class A Non-PO Principal Balance by the sum of the Class A Non-PO Principal Balance and the Class B Principal Balance and (b) the Class B Certificates according to the percentage obtained by dividing the Class B Principal Balance by the sum of the Class A Non-PO Principal Balance and the Class B Principal Balance.
Non-Supported Interest Shortfall. With respect to any Distribution Date, the sum of (i) the excess, if any, of the aggregate Prepayment Interest Shortfall on the Mortgage Loans over the aggregate Compensating Interest with respect to such Distribution Date and (ii) Curtailment Interest Shortfalls with respect to such Distribution Date. With respect to each Distribution Date occurring on or after the Subordination Depletion Date, the Non-Supported Interest Shortfall determined pursuant to the preceding sentence will be increased by the amount of any Subordination Depletion Date Interest Shortfall for such Distribution Date. Any Non-Supported Interest Shortfall will be allocated to (a) the Class A Certificates according to the percentage obtained by dividing the Class A Principal Balance by the sum of the Class A Principal Balance and the Class B Principal Balance and (b) the Class B Certificates according to the percentage obtained by dividing the Class B Principal Balance by the sum of the Class A Principal Balance and the Class B Principal Balance.
Examples of Non-Supported Interest Shortfall in a sentence
With respect to any Distribution Date, to the extent that the Prepayment Interest Shortfall exceeds Compensating Interest (such excess, a "Non-Supported Interest Shortfall"), such Non-Supported Interest Shortfall shall reduce the Current Interest with respect to each Class of Certificates, pro rata based upon the amount of interest each such Class would otherwise be entitled to receive on such Distribution Date.
More Definitions of Non-Supported Interest Shortfall
Non-Supported Interest Shortfall. For a Loan Group, with respect to any Distribution Date, the sum of (i) the excess, if any, of the aggregate Prepayment Interest Shortfall on the Mortgage Loans of such Loan Group over the aggregate Compensating Interest with respect to the related Group for such Distribution Date and (ii) Curtailment Interest Shortfalls with respect to such Distribution Date. With respect to each Distribution Date occurring on or after the applicable Subordination Depletion Date, the Non-Supported Interest Shortfall for a Loan Group determined pursuant to the preceding sentence will be increased by the amount of any applicable Subordination Depletion Date Interest Shortfall for the related Group for such Distribution Date. Any Non-Supported Interest Shortfall for a Loan Group will be allocated to (a) the Group I-A Certificates and Group II-A Certificates according to the percentage obtained by dividing the Group I-A Non-PO Principal Balance or Group II-A Non-PO Principal Balance, as applicable, by the Group I Aggregate Non-PO Principal Balance or Group II Aggregate Non-PO Principal Balance, as applicable, and (b) the Group I-B Certificates and Group II-B Certificates according to the percentage obtained by dividing the Group I-B Principal Balance or Group II-B Principal Balance, as applicable, by the Group I Aggregate Non-PO Principal Balance or Group II Aggregate Non-PO Principal Balance, as applicable.
Non-Supported Interest Shortfall. With respect to any Distribution Date, the sum of (i) the excess, if any, of the aggregate Prepayment Interest Shortfall on the Mortgage Loans over the aggregate Compensating Interest with respect to such Distribution Date and (ii) Curtailment Interest Shortfalls with respect to such Distribution Date. With respect to each Distribution Date occurring on or after the Subordination Depletion Date, the Non-Supported Interest Shortfall determined pursuant to the preceding sentence will be increased by the amount of any Subordination Depletion Date Interest Shortfall for such Distribution Date. Any Non-Supported Interest Shortfall will be allocated to (a) the Group I-A Certificates, Group II-A Certificates, Group III-A Certificates and Group IV-A Certificates according to the percentage obtained by dividing the Aggregate Class A Non-PO Principal Balance by the Aggregate Non-PO Principal Balance and (b) the Class B Certificates according to the percentage obtained by dividing the Class B Principal Balance by the Aggregate Non-PO Principal Balance.
Non-Supported Interest Shortfall. With respect to any Distribution Date, the excess, if any, of the aggregate Prepayment Interest Shortfall on the Mortgage Loans over the aggregate Compensating Interest with respect to such Distribution Date. With respect to each Distribution Date occurring on or after the Cross-Over Date, the Non-Supported Interest Shortfall determined pursuant to the preceding sentence will be increased by the amount of any Cross-Over Date Interest Shortfall for such Distribution Date. Any Non-Supported Interest Shortfall will be allocated to (a) the Group I-A Certificates and Group II-A Certificates according to the percentage obtained by dividing the Group I-A Principal Balance or Group II-A Principal Balance, as applicable, by the Aggregate Non-PO Principal Balance and (b) the Class B Certificates according to the percentage obtained by dividing the Class B Principal Balance by the Aggregate Non-PO Principal Balance.
Non-Supported Interest Shortfall. With respect to any Distribution Date and (A) the Crossed Loan Groups the sum of (i) the excess, if any, of the aggregate Prepayment Interest Shortfall on the Crossed Group Mortgage Loans over the aggregate Compensating Interest with respect to such Crossed Loan Groups for such Distribution Date and (ii) Curtailment Interest Shortfalls with respect to such Crossed Loan Groups for such Distribution Date and (B) Loan Group III, the sum of (i) the excess, if any, of the aggregate Prepayment Interest Shortfall on the Group III Mortgage Loans over the aggregate Compensating Interest with respect to such Group III Mortgage Loans for such Distribution Date and (ii) Curtailment Interest Shortfalls with respect to such Group III Mortgage Loans for such Distribution Date. With respect to each Distribution Date occurring on or after the Subordination Depletion Date for the Crossed Groups or Group III, as the case may be, the Non-Supported Interest Shortfall for the Crossed Loan Groups or Loan Group III, as applicable, determined pursuant to the preceding sentence will be increased by the amount of any applicable Subordination Depletion Date Interest Shortfall with respect to the Crossed Loan Groups or Loan Group III, as the case may be, for such Distribution Date. Any Non-Supported Interest Shortfall will be allocated (A) (i) in the case of the Crossed Loan Groups, to the Crossed Groups of Class A Certificates according to the percentage obtained by dividing the Crossed Group Class A Non-PO Principal Balance by the Aggregate Crossed Group Non-PO Principal Balance or, (ii) in the case of Loan Group III to the Group III-A Certificates according to the percentage obtained by dividing the Group III-A Non-PO Principal Balance by the Aggregate Group III Non-PO Principal Balance and (B) (i) in the case of the Crossed Loan Groups, to the Class Cr-B Certificates according to the percentage obtained by dividing the Class Cr-B Principal Balance by the Aggregate Crossed Group Non-PO Principal Balance or, (ii) in the case of Loan Group III, to the Class III-B Certificates according to the percentage obtained by dividing the Class III-B Principal Balance by the Aggregate Group III Non-PO Principal Balance.
Non-Supported Interest Shortfall. As defined in Section 13.23.
Non-Supported Interest Shortfall. With respect to the Mortgage Loans, as defined in the related Underlying Pooling and Servicing Agreement.
Non-Supported Interest Shortfall. For any Distribution Date, and any Class or Subclass of Certificates (other than a Class A Principal-Only Subclass), the pro rata share allocated thereto based on the amount of interest accrued thereon during the related Interest Accrual Period at the related Certificate Rate of the excess, if any, of the Prepayment Interest Shortfalls for the related Prepayment Collection Period over the Compensating Cap (but not including any Servicing Fee received because of a Delinquency Advance) for such Distribution Date. Any Servicing Fee advanced by the Servicer will not be applied to reduce Prepayment Interest Shortfalls.