Original Subordinated Principal Balance definition

Original Subordinated Principal Balance. The aggregate of the Class Certificate Balances of the Subordinated Certificates as of the Closing Date.
Original Subordinated Principal Balance. The aggregate of the Original Class Certificate Principal Balances of the Classes of Subordinate Certificates.
Original Subordinated 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 principal balances of the Subordinated Certificates as of the Cut-off Date.

Examples of Original Subordinated Principal Balance in a sentence

  • Section 11.08 Original Subordinated Principal Balance....................

  • Section 11.08 Original Subordinated Principal Balance...........................

  • Section 11.08 Original Subordinated Principal Balance..........................

  • Section 11.08 Original Subordinated Principal Balance......................


More Definitions of Original Subordinated Principal Balance

Original Subordinated Principal Balance. The sum of the Original Class M Principal Balance and the Original Class B Principal Balance.
Original Subordinated Principal Balance. The aggregate Class Certificate Balance of the Subordinated Certificates as of the Closing Date. OTS: The Office of Thrift Supervision.
Original Subordinated Principal Balance. The aggregate of the Certificate Principal Balances of the Subordinate Certificates as of the Cut-off Date.
Original Subordinated Principal Balance. The aggregate Original Certificate Principal Balance of the Subordinated Certificates.
Original Subordinated Principal Balance. With respect to any Mortgage Group, the related Subordinated Amount, as of the date of issuance of the Certificates.
Original Subordinated Principal Balance. On or prior to the fourth Senior Termination Date, the Subordinated Percentage of the applicable Non-PO Percentage of the aggregate Stated Principal Balance of the Mortgage Loans in the related Loan Group, in each case as of the Cut-off Date; or if such date is after the fourth Senior Termination Date, the aggregate Class Certificate Balance of the Subordinated Certificates as of the Closing Date.
Original Subordinated Principal Balance. On or prior to the second Senior Termination Date, the Subordinated Percentage for the related Collateral Allocation Group of the applicable Non-PO Percentage of the aggregate Stated Principal Balance of the Mortgage Loans or portions thereof in the related Collateral Allocation Group as of the Cut-off Date; or if such date is after the second Senior Termination Date, the aggregate Class Certificate Balance of the Subordinated Certificates as of the Closing Date. OTS: The Office of Thrift Supervision.