REMIC III Group I Principal Loss Allocation Amount. With respect to any Distribution Date, an amount equal to the product of (i) the aggregate Stated Principal Balance of the Group I Mortgage Loans and the related REO Properties then outstanding and (ii) 1 minus a fraction, the numerator of which is two (2) times the aggregate Uncertificated Principal Balance of each REMIC III Group I Regular Interest for which a Class I-A Certificate or Class I-M Certificate is a Corresponding Certificate and the denominator of which is the aggregate Uncertificated Principal Balance of each REMIC III Group I Regular Interest for which a Class I-A Certificate or Class I-M Certificate is a Corresponding Certificate and REMIC III Regular Interest I-ZZ.
REMIC III Group I Principal Loss Allocation Amount. With respect to any Distribution Date, an amount equal to the product of (i) the aggregate Stated Principal Balance of the Group I Loans then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the sum of the Uncertificated Principal Balances of REMIC III Regular Interests A-I-1, A-I-2, A-I-0, X-X-0, X-X-0 xxx X-X-0 xxx xxx denominator of which is the sum of the Uncertificated Principal Balances of REMIC III Regular Interests A-I-1, A-I-2, A-I-0, X-X-0, X-X-0, X-X-0 xxx X-XX.
REMIC III Group I Principal Loss Allocation Amount. With respect to any Distribution Date, an amount equal to the product of (i) the aggregate Stated Principal Balance of the Group I Loans then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the sum of the Uncertificated Principal Balances of REMIC III Regular Interests LT3-AI-1, LT3-AI-2, LT3-AI-3, LT3-AI-4, LT3-AI-5 and LT3-AI-6 and the denominator of which is the sum of the Uncertificated Principal Balances of REMIC III Regular Interests LT3-AI-1, LT3-AI-2, LT3-I-3, LT3-I-4, LT3-I-5, LT3-I-6 and LT3-AI-ZZ.
More Definitions of REMIC III Group I Principal Loss Allocation Amount
REMIC III Group I Principal Loss Allocation Amount. With respect to any Distribution Date, an amount equal to the product of (i) the aggregate Stated Principal Balance of the Group I Loans then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the sum of the Uncertificated Principal Balances of REMIC III Regular Interests MT-I-2, MT-I-3, MX-X-0, XX-X-0, XX-X-0, XX-X-0, XX-X-0 xxx XX-X-9 and the denominator of which is the sum of the Uncertificated Principal Balances of REMIC III Regular Interests MT-I-2, MT-I-3, MT-I-4, MT-I-5, MT-I-6, MT-I- 7, MT-X-0, XX-X-0 xxx XX-X-00.
REMIC III Group I Principal Loss Allocation Amount. With respect to any Distribution Date, an amount equal to the product of (i) the aggregate Stated Principal Balance of the Group I Loans then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the sum of the Uncertificated Principal Balances of REMIC III Regular Interests A-I-1, A-I-2, A-I-0, X-X-0, X-X-0, X-X-0, X-X-0, X-X-0, X-X-3 and M-I-4 and the denominator of which is the sum of the Uncertificated Principal Balances of REMIC III Regular Interests A-I-1, A-I-2, A-I-3, X-X-0, X-X-0, X-X-0, X-X-0, X-X-0, X-X-3, M-I-4 and I-ZZ.
REMIC III Group I Principal Loss Allocation Amount. With respect to any Distribution Date, an amount equal to (a) the product of (i) the aggregate Stated Principal Balance of the Group I Loans and related REO Properties then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the aggregate of the Uncertificated Principal Balances of REMIC III Regular Interest LTIII-1A1, REMIC III Regular Interest LTIII-1A2, REMIC III Regular Interest LTIII-1A3, REMIC III Regular Interest LTIII-1A4, REMIC III Regular Interest LTIII-1A5, REMIC III Regular Interest LTIII-1A6, REMIC III Regular Interest LTIII-1A7, REMIC III Regular Interest LTIII-1M1, REMIC III Regular Interest LTIII-1M2, REMIC III Regular Interest LTIII-1M3 and REMIC III Regular Interest LTIII-1ZZ.
REMIC III Group I Principal Loss Allocation Amount. With respect to any Distribution Date, an amount equal to the product of (i) the aggregate Stated Principal Balance of the Group I Loans then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the sum of the Uncertificated Principal Balances of REMIC III Regular Interests MT-I-2, MT-I-3, MT-X-0, XX-X-0 xxx XX-X-0 xxx xxx xxxxxxxxxxr of which is the sum of the Uncertificated Principal Balances of REMIC III Regular Interests MT-I-2, MT-I-3, MT-X-0, XX-X-0, XX-X-0 xxx XX-X-0.
REMIC III Group I Principal Loss Allocation Amount. With respect to any Distribution Date, an amount equal to the product of (i) the aggregate Stated Principal Balance of the Group I Loans then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the sum of the Uncertificated Principal Balances of REMIC III Regular Interests A-I-1, A-I-2, A-I-3, X-X-0, X-X-0, X-X-0, X-X-0, X-X-0, X-X-0 xxx M-I-3 and the denominator of which is the sum of the Uncertificated Principal Balances of REMIC III Regular Interests A-I-1, A-I-2, A-I-3, X-X-0, X-X-0, X-X-0, X-X-0, X-X-0, X-X-0, X-X-3 and I-ZZ.