Original Subordinate Principal Balance. The sum of the aggregate Current Principal Amounts of each Class of Subordinate Certificates as of the Closing Date.
Original Subordinate Principal Balance. On or prior to a Senior Termination Date, the Subordinated Percentage for a Loan Group of the aggregate of the applicable Non-PO Percentage of the Stated Principal Balances of the Mortgage Loans in such Loan Group, in each case as of the Cut-off Date; or if such date is after a Senior Termination Date, the aggregate of the Class Certificate Balances of the Subordinated Certificates as of the Closing Date.
Original Subordinate Principal Balance. The aggregate of the Class Principal Balances of the Subordinate Certificates as of the Closing Date. OTS: The Office of Thrift Supervision.
Examples of Original Subordinate Principal Balance in a sentence
Each of the Group 1 Original Subordinate Principal Balance, Group 2 Original Subordinate Principal Balance and Group 3 Original Subordinate Principal Balance.
More Definitions of Original Subordinate Principal Balance
Original Subordinate Principal Balance. As set forth in the definition of Senior Prepayment Percentage.
Original Subordinate Principal Balance. The aggregate Class Certificate Balance of the Subordinated Certificates as of the Closing Date.
Original Subordinate Principal Balance. The Group I Original Subordinate Principal Balance or Group II Original Subordinate Principal Balance.
Original Subordinate Principal Balance. The aggregate Current Principal Amount of the Subordinate Certificates as of the Closing Date.
Original Subordinate Principal Balance. (A) With respect to the Group B Subordinate Certificates, the aggregate of the Class Principal Balances of the Group B Subordinate Certificates as of the Closing Date, and (B) with respect to the Group B-I Subordinate Certificates, the aggregate of the Class Principal Balances of the Group B-I Subordinate Certificates as of the Closing Date.
Original Subordinate Principal Balance. On or prior to the fourth Senior Termination Date, the Subordinated Percentage for a Loan Group of the aggregate Stated Principal Balances of the Mortgage Loans in such Loan Group, in each case as of the Closing Date or, if such date is after the fourth Senior Termination Date, the aggregate of the principal balances of the Subordinated Certificates as of the Closing Date.
Original Subordinate Principal Balance. Each of the Group B Original Subordinate Principal Balance, Group 3 Original Subordinate Principal Balance, Group 4 Original Subordinate Principal Balance and Group 5 Original Subordinate Principal Balance.