REMIC III Group II Interest Loss Allocation Amount. With respect to any Distribution Date, an amount equal to (a) the product of (i) the aggregate Uncertificated Principal Balance of the REMIC III Group II Regular Interests then outstanding and (ii) the Uncertificated Pass-Through Rate for REMIC III Regular Interest II-AA minus the Group II Marker Rate divided by (b) 12.
REMIC III Group II Interest Loss Allocation Amount. With respect to any Distribution Date, an amount (subject to adjustment based on the actual number of days elapsed in the respective Accrual Period) equal to (a) the product of (i) 50% of the aggregate Stated Principal Balance of the Group II Mortgage Loans and the related REO Properties then outstanding and (ii) the Uncertificated REMIC III Pass-Through Rate for REMIC III Regular Interest II-AA minus the Group II Marker Rate, divided by (b) 12. REMIC III Group II Marker Allocation Percentage: 50% of any amount payable or loss allocable from the Group II Mortgage Loans, which shall be allocated to REMIC III Regular Interest II-AA, REMIC III Regular Interest II-ZZ, and each REMIC III Group II Regular Interest for which a Class II-A Certificate or Class II-M Certificate is a Corresponding Certificate.
REMIC III Group II Interest 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 II Loans and related REO Properties then outstanding and (ii) the Uncertificated REMIC III Pass-Through Rate for REMIC III Regular Interest LTIII-2AA minus the Group II Marker Rate, divided by (b) 12. REMIC III GROUP II MARKER ALLOCATION PERCENTAGE: 50% of any amount payable or loss attributable from the Group II Loans, which shall be allocated to REMIC III Regular Interest LTIII-2AA, REMIC III Regular Interest LTIII-2AR1, REMIC III Regular Interest LTIII-2AR2, REMIC III Regular Interest LTIII-2MR1, REMIC III Regular Interest LTIII-2MR2, REMIC III Regular Interest LTIII-2MR3, REMIC III Regular Interest LTIII-2ZZ and REMIC III Regular Interest LTIII-2P
More Definitions of REMIC III Group II Interest Loss Allocation Amount
REMIC III Group II Interest Loss Allocation Amount. With respect to any Distribution Date, an amount equal to (a) the product of (i) the aggregate Uncertificated Principal Balance of the REMIC III Group II Regular Interests then outstanding and (ii) the Uncertificated Pass-Through Rate for REMIC III Regular Interest MT-II-1 minus the related Marker Rate divided by (b) 12.