Original Class Balance definition

Original Class Balance. As to any Class, the initial class balance applicable thereto as specified pursuant to Section 3.02.
Original Class Balance. As to any Class of Certificates with a Class Balance, the Original Class Balance set forth in the Preliminary Statement.
Original Class Balance. With respect to:

Examples of Original Class Balance in a sentence

  • The following table sets forth the designation, Pass-Through Rate and Original Class Balance for each Class of Certificates comprising the interests in the Trust Fund created hereunder.

  • The Trust Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of Xxxxxx Mae and the rights of the Certificateholders under the Trust Agreement at any time by Xxxxxx Xxx with the consent of the Holders of Certificates of each Class having Original Certificate Balances aggregating not less than 66% of the Original Class Balance of such Class.

  • REMIC 3 will issue three regular interests for purposes of the REMIC Provisions, designated as the Class 3A1 Interest, Class 3A2 Interest and Class 3A3 Interest, each with an initial Uncertificated Balance equal to the Original Class Balance of the Corresponding Certificates and each with a pass-through rate equal to the Pass-Through Rate of the Corresponding Certificates.

  • Correspondingly, Exchangeable Certificate related to a Combination may be further designated for exchange for Exchangeable REMIC Certificates in such Combination in respective Denominations determined based on the proportion that the Maximum Original Class Balance such Exchangeable REMIC Certificates bears to the Maximum Original Class Balance of the related Exchangeable Certificate, as set forth in Exhibit N hereto.

  • REMIC III The following table sets forth the designation, Pass-Through Rate and Original Class Balance (or in the case of Class X, Notional Amount) for each Class of Certificates comprising the interests in the Trust Fund created hereunder and each Class of REMIC III Certificates comprising the interests in REMIC III.

  • Certificate No.: Closing Date: December 30, 2008 First Distribution Date: January 26, 2009 Pass Through Rate: 5.500% Maximum Original Class Balance: $18,944,013 Denomination: $[__________] CUSIP No.: 05954X AA 0 ISIN No.: US05954XAA00 This Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor or the Trustee referred to below or any of their respective Affiliates.

  • REMIC 2 will issue three regular interests for purposes of the REMIC Provisions, designated as the Class 2A1 Interest, Class 2A2 Interest and Class 2A3 Interest, each with an initial Uncertificated Balance equal to the Original Class Balance of the Corresponding Certificates and each with a pass-through rate equal to the Pass-Through Rate of the Corresponding Certificates.

  • The Certificates authorized by this Trust Agreement shall have the Class designation, Original Class Balance and Final Distribution Date specified in the Prospectus.

  • REMIC 1 will issue three regular interests for purposes of the REMIC Provisions, designated as the Class 1A1 Interest, Class 1A2 Interest and Class 1A3 Interest, each with an initial Uncertificated Balance equal to the Original Class Balance of the Corresponding Certificates and with a pass-through rate equal to the Pass-Through Rate of the Corresponding Certificates.

  • The Class designations, original Class Balances and Final Distribution Dates shall be as follows: Original Class Balance Month of Final Distribution Date AF-1...............................


More Definitions of Original Class Balance

Original Class Balance. With respect to any Class of Certificates at any time, the aggregate of the Original Certificate Balances of all Certificates of such Class.
Original Class Balance. The aggregate principal balance of any Class of Certificates as of the Closing Date as set forth in Section 4.01(c).
Original Class Balance. As to each Class of Certificates, the applicable amount set forth in Section 2.02 hereof, which amount is equal to the aggregate of the denominations of the Certificates of such Class.
Original Class Balance. With respect to each Class of Securities, the original principal balance or notional balance of such Class, as set forth below: Original Principal or Class Notional Balance ----- ---------------- A $112,893,000 A-IO $205,259,057 M-1 $ 14,368,000 M-2 $ 14,368,000 B-1 $ 24,631,000 B-2 $ 6,158,000 B-3 $ 4,105,000 B-4 $ 28,737,000 Residual Interest Certificate N/A Original Pool Principal Balance: $205,259,057 Outstanding Amount: As of any date of determination, the aggregate principal amount of a Class of Securities outstanding as of such date of determination.
Original Class Balance. As to Class I-A Certificates, the Original Class I-A Balance; as to the Class I-B Certificates, the Original Class I-B Balance; as to the Class I-C Certificates, the Original Class I-C Balance; as to Class I-D Certificates, the Original Class I-D Balance; as to the Class II-A Certificates, the Original Class II-A Balance; as to the Class II-B Certificates, the Original Class II-B Balance; and as to the Class II-C Certificates, the Original Class II-C Balance.

Related to Original Class Balance

  • Class Balance With respect to any Class of Certificates, at any time, the aggregate of the

  • Original Class Principal Balance means, with respect to any Class of Principal Balance Certificates, the initial Class Principal Balance thereof as of the Closing Date, in each case as specified in the Preliminary Statement.

  • Original Class B-5 Principal Balance The Class B-5 Principal Balance as of the Cut-Off Date, as set forth in Section 11.15.

  • Original Class B-5 Percentage The Class B-5 Percentage as of the Cut-Off Date, as set forth in Section 11.12.

  • Original Class B-6 Principal Balance The Class B-6 Principal Balance as of the Cut-Off Date, as set forth in Section 11.15.

  • Original Class B-4 Principal Balance The Class B-4 Principal Balance as of the Cut-Off Date, as set forth in Section 11.15.

  • Original Class B-4 Percentage The Class B-4 Percentage as of the Cut-Off Date, as set forth in Section 11.11.

  • Original Class A Non-PO Principal Balance The sum of the Original Principal Balances of the Class A-1, Class A-2, Class A-3, Class A-4 and Class A-R Certificates, as set forth in Section 11.06.

  • Original Class B Principal Balance The sum of the Original Class B-1 Principal Balance, Original Class B-2 Principal Balance, Original Class B-3 Principal Balance, Original Class B-4 Principal Balance, Original Class B-5 Principal Balance and Original Class B-6 Principal Balance, as set forth in Section 11.14.

  • Original Class B-2 Principal Balance The Class B-2 Principal Balance as of the Cut-Off Date, as set forth in Section 11.15.

  • Original Class B-6 Percentage The Class B-6 Percentage as of the Cut-Off Date, as set forth in Section 11.13.

  • Original Class B-3 Principal Balance The Class B-3 Principal Balance as of the Cut-Off Date, as set forth in Section 11.15.

  • Original Class B-1 Principal Balance The Class B-1 Principal Balance as of the Cut-Off Date, as set forth in Section 11.15.

  • Original Class B-2 Percentage The Class B-2 Percentage as of the Cut-Off Date, as set forth in Section 11.09.

  • Original Class B-3 Percentage The Class B-3 Percentage as of the Cut-Off Date, as set forth in Section 11.10.

  • Original Class B-1 Percentage The Class B-1 Percentage as of the Cut-Off Date, as set forth in Section 11.08.

  • Original Class A Percentage The Class A Percentage as of the Cut-Off Date, as set forth in Section 11.04.

  • Original Class Certificate Principal Balance With respect to the Class A Certificates, the Mezzanine Certificates, the Class C Certificates and the Class P Certificates, the corresponding amounts set forth opposite such Class above in the Preliminary Statement.

  • Initial Class Principal Balance As set forth in the Preliminary Statement.

  • Class X Notional Balance With respect to any Distribution Date (and the related Accrual Period) the aggregate principal balance of the regular interests in REMIC 3 as specified in the Preliminary Statement hereto.

  • Initial Class Certificate Balance As to each Class of Certificates, the Class Certificate Balance set forth in the Preliminary Statement.

  • Initial Class B Note Balance means $129,750,000.

  • Class A Non-PO Principal Balance As of any date, an amount equal to the Class A Principal Balance less the Principal Balance of the Class A-PO Certificates.

  • Class C Invested Amount means, as of a date, an amount (not less than zero) equal to (a) the initial Note Balance of the Class C Notes, minus (b) the aggregate amount of any principal payments made to the Noteholders of the Class C Notes before that date, minus (c) the cumulative amount of unreimbursed Investor Charge-Offs applied to reduce the Class C Invested Amount under Section 4.3 of the Indenture Supplement before that date, minus (d) the cumulative amount of unreimbursed Reallocated Principal Collections applied to reduce the Class C Invested Amount under Section 4.4 of the Indenture Supplement before that date.

  • Class B-5 Principal Balance As to the first Determination Date, the Original Class B-5 Principal Balance. As of any subsequent Determination Date, the lesser of (i) the Original Class B-5 Principal Balance less the sum of (a) all amounts previously distributed in respect of the Class B-5 Certificates on prior Distribution Dates (A) pursuant to Paragraph nineteenth of Section 4.01(a) and (B) as a result of a Principal Adjustment and (b) the Realized Losses allocated through such Determination Date to the Class B-5 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding Distribution Date less the sum of the Class A Principal Balance, the Class B-1 Principal Balance, the Class B-2 Principal Balance, the Class B-3 Principal Balance and the Class B-4 Principal Balance as of such Determination Date.

  • Class B-6 Principal Balance As to the first Determination Date, the Original Class B-6 Principal Balance. As of any subsequent Determination Date, the lesser of (i) the Original Class B-6 Principal Balance less the sum of (a) all amounts previously distributed in respect of the Class B-6 Certificates on prior Distribution Dates pursuant to Paragraph twenty-second of Section 4.01(a) and (b) the Realized Losses allocated through such Determination Date to the Class B-6 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding Distribution Date less the Class A Principal Balance, the Class B-1 Principal Balance, the Class B-2 Principal Balance, the Class B-3 Principal Balance, the Class B-4 Principal Balance and the Class B-5 Principal Balance as of such Determination Date.