Principal Transfer Amount. For any Distribution Date and any Undercollateralized Group, the excess, if any, of the aggregate Class Principal Balance of the Class A Certificates related to such Undercollateralized Group over the aggregate Stated Principal Balance of the Mortgage Loans in such Group.
Principal Transfer Amount. For any Distribution Date for each Undercollateralized Group, the excess, if any, of the aggregate Class Principal Balance of the Class A-L Regular Interests related to such Undercollateralized Group over the aggregate Principal Balance of the Mortgage Loans in such Loan Group (less the applicable Class P Fraction thereof with respect to any Class P Mortgage Loans in such Loan Group), in each case immediately prior to such Distribution Date.
Principal Transfer Amount. For any Distribution Date and for any Undercollateralized Group, the excess, if any, of the aggregate Class Principal Amount of the Senior Certificates related to such Undercollateralized Group immediately prior to such Distribution Date, over the Aggregate Stated Principal Balance of the related Mortgage Pool immediately prior to such Distribution Date. Proceeding: Any suit in equity, action at law or other judicial or administrative proceeding.
More Definitions of Principal Transfer Amount
Principal Transfer Amount. For any Distribution Date and for any Undercollateralized Group, the excess, if any, of the aggregate Class Principal Balance of such Undercollateralized Group immediately prior to such Distribution Date, over the aggregate Stated Principal Balance of the related Collateral Allocation Group immediately prior to such Distribution Date.
Principal Transfer Amount. For any Distribution Date and for any Undercollateralized Group, the excess, if any, of the aggregate Class Principal Amount of the Senior Certificates (other than the Class A-P Certificates) of such Undercollateralized Group immediately prior to such Distribution Date, over the Aggregate Stated Principal Balance of the Mortgage Loans or Mortgage Components, as applicable, in that Mortgage Group immediately prior to such Distribution Date (less the applicable Class PO Fraction of each Class PO Mortgage Component, as applicable, in that Mortgage Group).
Principal Transfer Amount. For any Distribution Date and for any Undercollateralized Group, the excess, if any, of the aggregate Class Principal Amount of the Senior Certificates (other than the Principal-Only Certificates) of such Undercollateralized Group immediately prior to such Distribution Date, over the Aggregate Stated Principal Balance of the Mortgage Loans or Mortgage Components, as applicable, in that Mortgage Group immediately prior to such Distribution Date (less the applicable Class P Fraction of each Class P Mortgage Loan or Mortgage Component, as applicable, in that Mortgage Group). Proceeding: Any suit in equity, action at law or other judicial or administrative proceeding.
Principal Transfer Amount. With respect to any Distribution Date (x) prior to the Senior Credit Support Depletion Date, but after the aggregate Class Certificate Balance of the Senior Certificates related to a Loan Group have been reduced to zero, all principal on the Mortgage Loans in such Loan Group, and (y) on which an Undercollateralized Group exists, the excess, if any, of the Class Certificate Balance of the Senior Certificates related to such Undercollateralized Group over the aggregate Stated Principal Balance of the Mortgage Loans in such Undercollateralized Group.
Principal Transfer Amount. For any Distribution Date and for any Undercollateralized Group, an amount equal to the lesser of (i) the excess, if any, of the aggregate Class Principal Amount of the Senior Certificates related to that Undercollateralized Group computed as of the close of the prior Distribution Date over the Aggregate Stated Principal Balance of the Mortgage Loans in the related Mortgage Pool as of the first day of the month in which the prior Distribution Date occurs and (ii) all amounts otherwise distributable as principal on the Subordinate Certificates. Proceeding: Any suit in equity, action at law or other judicial or administrative proceeding.
Principal Transfer Amount. Not applicable.
Principal Transfer Amount. With respect to any Distribution Date on which an Undercollateralized Group exists, the lesser of (x) the excess, if any, of the aggregate Class Certificate Balance and Component Principal Balance of the Senior Certificates and Principal-Only Component related to such Undercollateralized Group on such Distribution Date (after all other distributions are made on such Distribution Date) over the aggregate Stated Principal Balance of the Mortgage Loans in such Undercollateralized Group as of the Due Date occurring in the month of such Distribution Date after giving effect to Principal Prepayments in the Prepayment Period related to such Due Date and (y) the amount available for distributions on the Subordinated Certificates on such Distribution Date.