Pro Rata Distribution Amount definition
Pro Rata Distribution Amount. For any Distribution Date, an amount equal to the product of (x) a fraction expressed as a percentage, the numerator of which is the Certificate Principal Balance of the Class AF-5 Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Certificate Principal Balance of the Group I Senior Certificates immediately prior to such Distribution Date and (y) the Principal Distribution Amount for such Distribution Date.
Pro Rata Distribution Amount shall equal the product of (a) the aggregate amount of the cash distribution received by Buyer or any of its Affiliates from KGS in respect of the Partnership Interests to be purchased indirectly by Buyer pursuant to this Agreement multiplied by (b) a fraction, the numerator of which is the number of days in such quarter prior to and including the Closing Date, and the denominator of which is the number of days in such quarter.
Pro Rata Distribution Amount. For any Payment Date, an amount equal to the product of (x) a fraction, the numerator of which is the Note Balance of the Class A-6 Notes immediately prior to that Payment Date and the denominator of which is the aggregate Note Balance of the Class A Notes immediately prior to that Distribution Date and (y) the Class A Principal Distribution Amount for that Payment Date.
Examples of Pro Rata Distribution Amount in a sentence
Class A-I-5 Pro Rata Distribution Amount: With respect to any Payment Date, an amount equal to the product of (a) a fraction, the numerator of which is the Security Balance of the Class A-I-5 Notes immediately prior to that Payment Date and the denominator of which is the aggregate Security Balance of the Class I Notes immediately prior to that payment date and (b) the Class I Principal Distribution Amount.
More Definitions of Pro Rata Distribution Amount
Pro Rata Distribution Amount. For any Distribution Date, an amount equal to the product of (x) a fraction, the numerator of which is the Certificate Principal Balance of the Class A-I-5 Certificates immediately prior to that Distribution Date and the denominator of which is the aggregate Certificate Principal Balance of the Class A-I Certificates immediately prior to that Distribution Date and (y) the Principal Distribution Amount with respect to Loan Group I for that Distribution Date.
Pro Rata Distribution Amount. For any monthly payment date, an amount equal to the product of (x) a fraction, the numerator of which is the principal balance of the Class A-5 notes immediately prior to that monthly payment date and the denominator of which is the aggregate principal balance of the notes (not including the notional balance of the Class A-IO notes) immediately prior to that monthly payment date and (y) the principal distribution amount for that monthly payment date.
Pro Rata Distribution Amount shall equal the product of (a) $1,574,073.87 multiplied by (b) a fraction, the numerator of which is the number of days in the quarter preceding the date of the Closing Date, plus the Closing Date, and the denominator of which is the number of days in such quarter.