Outstanding Class Balance definition
Outstanding Class Balance. As to any Distribution Date, the Original Class Certificate Balance multiplied by the-then applicable Class Factor.
Outstanding Class Balance. As to any date of determination and each Class of Certificates, the Original Class Balance thereof multiplied by the then applicable Class Factor.
Examples of Outstanding Class Balance in a sentence
In addition, ▇▇▇▇▇▇ Mae guarantees the payment of any Outstanding Class Balance on the Final Distribution Date.
In addition, ▇▇▇▇▇▇ Mae guarantees the payment of any Outstanding Class Balance of each Class of Certificates on the related Final Distribution Date.
The voting rights allocated to each Class of Certificates will be allocated among all holders of each such Class in proportion to the Outstanding Class Balance.