Planned Principal Classes definition

Planned Principal Classes. As specified in the Preliminary Statement.
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Planned Principal Classes. Not applicable.
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Planned Principal Classes. Not applicable. Pool I: The aggregate of the Mortgage Loans identified on the Mortgage Loan Schedule as being included in Pool I. Pool II: The aggregate of the Mortgage Loans identified on the Mortgage Loan Schedule as being included in Pool II. Pool III: The aggregate of the Mortgage Loans identified on the Mortgage Loan Schedule as being included in Pool III.
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Examples of Planned Principal Classes in a sentence

  • Secondary Planned Principal Classes...............................

  • The Primary Planned Principal Classes and the Secondary Planned Principal Classes.

  • Primary Planned Principal Classes................................

  • Planned Principal Classes..........................................

  • Planned Principal Classes The Class 1-A-8, Class 1-A-10, Class 3-A-6 and Class 3-A-8 Certificates.


More Definitions of Planned Principal Classes

Planned Principal Classes. As specified in the Preliminary Statement. ------------------------- PO Formula Principal Amount: As to any Distribution Date, the sum of the ---------------------------- applicable PO Percentage of (a) the principal portion of each Scheduled Payment (without giving effect, prior to the Bankruptcy Coverage Termination Date, to any reductions thereof caused by any Debt Service Reductions or Deficient Valuations) due on each Mortgage Loan on the related Due Date, (b) the Stated Principal Balance of each Mortgage Loan that was repurchased by the Seller or the Master Servicer pursuant to this Agreement as of such Distribution Date, (c) the Substitution Adjustment Amount in connection with any Deleted Mortgage Loan received with respect to such Distribution Date, (d) any Insurance Proceeds or Liquidation Proceeds allocable to recoveries of principal of Mortgage Loans that are not yet Liquidated Mortgage Loans received during the calendar month preceding the month of such Distribution Date, (e) with respect to each Mortgage Loan that became a Liquidated Mortgage Loan during the calendar month preceding the month of such Distribution Date, the amount of Liquidation Proceeds allocable to principal received with respect to such Mortgage Loan during the calendar month preceding the month of such Distribution Date with respect to such Mortgage Loan and (f) all partial and full Principal Prepayments received during the related Prepayment Period.
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Planned Principal Classes. None. Primary Planned Principal Classes: None. Principal Only Certificates: None. Private Certificates: Class B-4, Class B-5 and Class B-6 Certificates.
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Planned Principal Classes. Not applicable. PO Percentage: (a) With respect to Pool I, the Class I-A-PO Percentage, and (b) with respect to Pool II, the Class II-A-PO Percentage.
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Planned Principal Classes. As specified in the Preliminary Statement. Pool I: The aggregate of the Mortgage Loans identified on the Mortgage Loan Schedule as being included in Pool I.
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Planned Principal Classes. As specified in the Preliminary Statement. PO Percentage: (a) With respect to Pool I, the Class I-A-PO Percentage, and (b) with respect to Pool II, the Class II-A-PO Percentage. Pool I: The aggregate of the Mortgage Loans identified on the Mortgage Loan Schedule as being included in Pool I. Pool II: The aggregate of the Mortgage Loans identified on the Mortgage Loan Schedule as being included in Pool II.
Sample 1
Planned Principal Classes. As specified in the Preliminary Statement. PO Component: The principal-only component of the Class AXPP Certificates. Policy: The irrevocable Financial Guaranty Insurance Policy, No. 51852-N, including any endorsements thereto, issued by the Certificate Insurer with respect to the Class A-1-2, Class A-2-3 and Class A-3 Certificates, a copy of which is attached hereto as Exhibit V.
Sample 1
Planned Principal Classes. As specified in the Preliminary Statement. PO Percentage: (a) With respect to any Discount Mortgage Loan, the fraction, expressed as a percentage, equal to (6.25% - NMR) divided by 6.25%, and (b) with respect to any Non-Discount Mortgage Loan, 0%.
Sample 1