REMIC III Group II Principal Loss Allocation Amount. With respect to any Distribution Date, an amount equal to 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) 1 minus a fraction, the numerator of which is two (2) times the aggregate Uncertificated Principal Balance of each REMIC III Group II Regular Interest for which a Class II-A Certificate or Class II-M Certificate is a Corresponding Certificate and the denominator of which is the aggregate Uncertificated Principal Balance of each REMIC III Group II Regular Interest for which a Class II-A Certificate or Class II-M Certificate is a Corresponding Certificate and REMIC III Regular Interest II-ZZ.
REMIC III Group II 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 II Loans then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the Uncertificated Principal Balances of REMIC III Regular Interests A-II-A, A-II-B, M-II-1, M-II-2, M-II-3, M-II-4, M-II-5 and M-II-6 and the denominator of which is the sum of the Uncertificated Principal Balances of REMIC III Regular Interests A-II-A, A-II-B, M-II-1, M-II-2, M-II-3, M-II-4, M-II-5, M-II-6 and II-ZZ.
REMIC III Group II 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 II Loans then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the Uncertificated Principal Balance of REMIC III Regular Interest LT3-AII-1 and the denominator of which is the sum of the Uncertificated Principal Balances of REMIC III Regular Interests LT3-AII-1 and LT3-AII-ZZ.
More Definitions of REMIC III Group II Principal Loss Allocation Amount
REMIC III Group II 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 II Loans then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the Uncertificated Principal Balances of REMIC III Regular Interests A-II-1, A-II-2, A-IX-0, X-XX-0, X- XX-0, X-XX-0, M-II-4 and M-II-5 and the denominator of which is the sum of the Uncertificated Principal Balances of REMIC III Regular Interests A-II-1, A-II-2, A-II-3, M-II-1, M-II-2, M-II-3, M- II-4, M-II-5 and II-ZZ. REMIC III Group I Regular Interests: REMIC III Regular Interests I-AA, 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 and I-ZZ.
REMIC III Group II 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 II Loans then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the Uncertificated Principal Balances of REMIC III Regular Interests MT-II-2, MT-II-3, MT-II-4 and MT-II-5 and the denominator of which is the sum of the Uncertificated Principal Balances of REMIC III Regular Interests MT-II-2, MT-II-3, MT-II-4, MT-II-5 and MT-II-6. REMIC III Group I Regular Interests: REMIC III Regular Interest MT-I-1, REMIC III Regular Interest MT-I-2, REMIC III Regular Interest MT-I-3, REMIC III Regular Interest MT-I-4, REMIC III Regular Interest MT-I-5, REMIC III Regular Interest MT-I-6, REMIC III Regular Interest MT-I-7, REMIC III Regular Interest MT-I-8, REMIC III Regular Interest MT-I-9, REMIC III Regular Interest MT-I-10, REMIC III Regular Interest MT-IO-1, REMIC III Regular Interest MT-IO- 2, REMIC III Regular Interest MT-IO-3, REMIC III Regular Interest MT-IO-4, REMIC III Regular Interest MT-IO-5, REMIC III Regular Interest MT-IO-6, REMIC III Regular Interest MT-IO-7 and REMIC III Regular Interest MT-IO-8.
REMIC III Group II 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 II 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-2AR1, REMIC III Regular Interest LTIII-2AR2, REMIC III Regular Interest LTIII-2MR1, Regular Interest LTIII-2MR2, Regular Interest LTIII-2MR3 and REMIC III Regular Interest LTIII-2ZZ.
REMIC III Group II 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 II Loans then outstanding and (ii) 1 minus a fraction, the numerator of which is two multiplied by the sum of the Uncertificated Principal Balances of REMIC III Regular Interests MT-A-IIA and MT-A- IIB and the denominator of which is the sum of the Uncertificated Principal Balances of REMIC III Regular Interests MT-A-IIA, MT-A-IIB and MT-A-II-ZZ.
REMIC III Group II 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 II Loans then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the Uncertificated Principal Balance of REMIC III Regular Interest LT2-II and the denominator of which is the sum of the Uncertificated Principal Balances of REMIC III Regular Interests LT2-II and LT3-II. REMIC III Group I Regular Interests: REMIC III Regular Interest LT1-I, REMIC III Regular Interest LT2-I, REMIC III Regular Interest LT3-I, REMIC III Regular Interest LT4-I, REMIC III Regular Interest LT5-I, REMIC III Regular Interest LT6-I and REMIC III Regular Interest LT7-I. REMIC III Group II Regular Interests: REMIC III Regular Interest LT1-II, REMIC III Regular Interest LT2-II and REMIC III Regular Interest LT3-II.
REMIC III Group II 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 II Loans then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the Uncertificated Principal Balance of REMIC III Regular Interest MT-II-2 and the denominator of which is the sum of the Uncertificated Principal Balances of REMIC III Regular Interests MT-II-2 and MT-II-3. REMIC III GROUP I REGULAR INTERESTS: REMIC III Regular Interest MT-I-1, REMIC III Regular Interest MT-I-2, REMIC III Regular Interest MT-I-3, REMIC III Regular Interest MT-I-4, REMIC III Regular Interest MT-I-5, REMIC III Regular Interest MT-I-6, REMIC III Regular Interest MT-I-7 and REMIC III Regular Interest MT-I-IO.
REMIC III Group II 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 II 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 LT2-II, LT3-II, LT4-II, LT5-II and LT6-II, and the denominator of which is the sum of the Uncertificated Principal Balances of REMIC III Regular Interests LT2-II, LT3-II, LT4-II, LT5-II, LT6-II, and LT7-II. REMIC III Group I Regular Interests: REMIC III Regular Interest LT1-I, REMIC III Regular Interest LT2-I, REMIC III Regular Interest LT3-I, REMIC III Regular Interest LT4-I, REMIC III Regular Interest LT5-I, REMIC III Regular Interest LT6-I, REMIC III Regular Interest LT7-I, REMIC III Regular Interest LT8-I, REMIC III Regular Interest LT9-I, REMIC III Regular Interest LT10-I, REMIC III Regular Interest LT11-IA, REMIC III Regular Interest LT11-IB, REMIC III Regular Interest LT11-IC, REMIC III Regular Interest LT11-ID and REMIC III Regular Interest LT11-IE. REMIC III Group II Regular Interests: REMIC III Regular Interest LT1-II, REMIC III Regular Interest LT2-II, REMIC III Regular Interest LT3-II, REMIC III Regular Interest LT4-II, REMIC III Regular Interest LT5-II, REMIC III Regular Interest LT6-II and REMIC III Regular Interest LT7-II.