Scheduled Notional Amount. The amount set forth with respect to each Distribution Date on Schedule I-H hereto.
Scheduled Notional Amount. For each Distribution Date and the Swap Agreement, the amount set forth in Exhibit N. The initial Scheduled Notional Amount will be approximately $759,839,000. Scheduled Payment: Each scheduled payment of principal and interest (or of interest only, if applicable) to be paid by the Mortgagor on a Mortgage Loan, as reduced (except where otherwise specified herein) by the amount of any related Debt Service Reduction or as a result of any related Deficient Valuation (in each case, excluding all amounts of principal and interest that were due on or before the Cut-off Date whenever received) and, in the case of an REO Property, an amount equivalent to the Scheduled Payment that would have been due on the related Mortgage Loan if such Mortgage Loan had remained in existence.
Scheduled Notional Amount. As defined in the Cap Agreement.
Examples of Scheduled Notional Amount in a sentence
On each Notional Step-Up Date (as defined in the confirmation of the Credit Swap Transaction) the Aggregate Nominal Amount of the Note shall be increased by an amount equal to the increase of the Scheduled Notional Amount (as defined in the confirmation of the Credit Swap Transaction) on such date.
The Scheduled Notional Amount shall not at any point in time (A) exceed 110% of the Projected Loan Amount, or (B) be lower than 80% of the Projected Loan Amount.
Notwithstanding anything contained herein to the contrary, at no time will the Scheduled Notional Amount be permitted to exceed the projected Outstanding Balance of the Pool Receivables at such time (based on the expected amortization of the Pool Receivables).
By: ---------------------------------------- Name: -------------------------------------- Title: ------------------------------------- SCHEDULE I PREPAYMENT CHARGE SCHEDULE AVAILABLE UPON REQUEST SCHEDULE II CAP PREMIUM SCHEDULE Class A-1 Class A-1 Distribution Date Scheduled Notional Amount ($)(1) LIBOR (%) ---------------------------------- -------------------------------- ------------- June 25, 2004....................
More Definitions of Scheduled Notional Amount
Scheduled Notional Amount. For any Distribution Date and the Swap Agreement, the notional amount with respect to which payments under the Swap Agreement will be calculated.
Scheduled Notional Amount. For each Distribution Date and the Swap Agreement, the amount set forth in Exhibit N-1. The initial Scheduled Notional Amount with respect to the Swap Agreement will be $1,004,859,343.00. For each Distribution Date and the Cap Agreement, the amount set forth in Exhibit N-2. The initial Scheduled Notional Amount with respect to the Cap Agreement will be $51,985,566.00.
Scheduled Notional Amount. For each Distribution Date and the Swap Agreement, the amount set forth in Exhibit N-1 for the related Distribution Date. The initial Scheduled Notional Amount on August 2007 with respect to the Swap Agreement will be $634,080,274. For each Distribution Date and the Group 1 Cap Agreement, the amount set forth in Exhibit N-2 for the related Distribution Date. The initial Scheduled Notional Amount on July 2008 with respect to the Group 1 Cap Agreement will be $32,609,513. For each Distribution Date and the Balance Guaranteed Cap Agreement, the amount equal to the Class Principal Amount of the Class II-A1 Certificates for such Distribution Date. For each Distribution Date and the Group 2 Cap Agreement, the amount set forth in Exhibit N-4 for the related Distribution Date. The initial Scheduled Notional Amount on August 2007 with respect to the Group 2 Cap Agreement will be $61,974,287. Scheduled Payment: Each scheduled payment of principal and interest (or of interest only, if applicable) to be paid by the Mortgagor on a Mortgage Loan, as reduced (except where otherwise specified herein) by the amount of any related Debt Service Reduction or as a result of any related Deficient Valuation (in each case, excluding all amounts of principal and interest that were due on or before the Cut-off Date whenever received) and, in the case of an REO Property, an amount equivalent to the Scheduled Payment that would have been due on the related Mortgage Loan if such Mortgage Loan had remained in existence.
Scheduled Notional Amount. For each Distribution Date and for either Swap Agreement, the amounts set forth on Schedule B.
Scheduled Notional Amount. For any Distribution Date and the Swap Agreement, the notional amount with respect to which payments under the Swap Agreement will be calculated.] Scheduled Payment: The scheduled monthly payment on a Mortgage Loan due on any Due Date allocable to principal and/or interest on such Mortgage Loan which, unless otherwise specified herein, shall give effect to any related Debt Service Reduction and any Deficient Valuation that affects the amount of the monthly payment due on such Mortgage Loan.
Scheduled Notional Amount. For each Distribution Date and the Swap Agreement, the amount set forth in Exhibit N-1 for the related Distribution Date. The initial Scheduled Notional Amount with respect to the Swap Agreement will be $754,468,817. For each Distribution Date and the Cap Agreement, the amount set forth in Exhibit N-2. The initial Scheduled Notional Amount with respect to the Cap Agreement will be $39,041,339. Scheduled Payment: Each scheduled payment of principal and interest (or of interest only, if applicable) to be paid by the Mortgagor on a Mortgage Loan, as reduced (except where otherwise specified herein) by the amount of any related Debt Service Reduction or as a result of any related Deficient Valuation (in each case, excluding all amounts of principal and interest that were due on or before the Cut-off Date whenever received) and, in the case of an REO Property, an amount equivalent to the Scheduled Payment that would have been due on the related Mortgage Loan if such Mortgage Loan had remained in existence.
Scheduled Notional Amount. For each Distribution Date and the Swap Agreement, the amount set forth in Exhibit N-1 for the related Distribution Date. The initial Scheduled Notional Amount on July 2007 with respect to the Swap Agreement will be $431,079,474.53. For each Distribution Date and the Group 1 Cap Agreement, the amount set forth in Exhibit N-2 for the related Distribution Date. The initial Scheduled Notional Amount on June 2008 will be approximately $22,315,143.93. For each Distribution Date and the Group 2 Cap Agreement, the amount set forth in Exhibit N-3 for the related Distribution Date. The initial Scheduled Notional Amount on July 2007 will be approximately $97,280,754.62.