Examples of Pooled Component in a sentence
Consistent with the above, with respect to the Componentized Mortgage Loan, subject to Section 3.05(i), any withdrawals permitted pursuant to this Section 3.05(a), shall be paid or reimbursed (a) on a pro rata basis, from amounts on deposit allocated to the related Non-Pooled Component, and from amounts on deposit allocated to the related Pooled Component and (b) then from general collections in respect of all other Mortgage Loans.
Loan-Specific Collateral Support Deficits with respect to a Componentized Mortgage Loan will be allocated, first, to the related Non-Pooled Component up to its principal balance and, then, to the related Pooled Component, with any such amounts allocated to the Pooled Component reducing the Stated Principal Balance of the related Componentized Mortgage Loan for purposes of the above calculation of Collateral Support Deficit.
In addition, all amounts of Mortgage Deferred Interest on the Componentized Mortgage Loan allocated to the respective Pooled Component and Non-Pooled Component will reduce the amount of interest entitlement distributable pursuant to the allocations described above.
In addition, all amounts of Mortgage Deferred Interest on a Componentized Mortgage Loan allocated to the respective Pooled Component and Non-Pooled Component will reduce the amount of interest entitlement distributable pursuant to the allocations described above.
The Class CS-P Uncertificated Interest shall be deemed to have received the distributions and allocations actually distributed to or allocated to the Pooled Component pursuant to Section 3.35.
The Uncertificated Centreville Square Interests will have Original Centreville Square Principal Amounts equal to, in the case of the Class CS-P Uncertificated Interest, the Pooled Component of the Centreville Square Mortgage Loan and, in the Case of the Class CS-NP Uncertificated Interest, the Non-Pooled Component of the Centreville Square Mortgage Loan.
Each of the Mortgage Loans identified in the Prospectus Supplement as the "200 Park Avenue Mortgage Loan" and the "Courtyard by Marriott Portfolio Mortgage Loan", respectively, consists of two (2) loan components that are referred to as a "Pooled Component" and a "Non-Pooled Component", respectively.
On each Distribution Date, to the extent of the Battlefield Mall Available Distribution Amount remaining after the distributions in respect of the Battlefield Mall Pooled Component pursuant to Section 4.01(j)(i)-(iii) and Section 4.01(k)(i)-(iii), the Paying Agent shall distribute to the Holders of the Class BM-1, Class BM-2 and Class BM-3 Certificates the amounts distributed in respect of the Related Uncertificated Lower-Tier Interests as specified in Sections 4.01(j)(iv)-(x) and 4.01(k)(iv)-(xii).
Amounts advanced in respect of the Thousand Oaks Loan shall be allocated to the Thousand Oaks Pooled Component and Thousand Oaks Non-Pooled Component pursuant to Section 4.03 hereof and not pursuant to this Section 4.01(k).
On each Distribution Date, to the extent of the Simon Available Distribution Amount remaining after the distributions in respect of the Simon Pooled Component pursuant to Section 4.01(j)(i)-(iii) and Section 4.01(k)(i)-(iii), the Trustee shall distribute to the Holders of the Class S-1, Class S-2 and Class S-3 Certificates the amounts distributed in respect of the Related Uncertificated Lower-Tier Interests as specified in Sections 4.01(j)(iv)-(x) and 4.01(k)(iv)-(xii).