Seller Shortfall Interest Requirement definition

Seller Shortfall Interest Requirement. With respect to the Distribution Date in each of December 2006, January 2007 and February 2007, is the sum of:

Seller Shortfall Interest Requirement. With respect to the Master Servicer Advance Date in each of April 2005, May 2005 and June 2005, is the sum of:

Seller Shortfall Interest Requirement. For the Master Servicer Advance Date in September 2001 or October 2001, the product of:

Examples of Seller Shortfall Interest Requirement in a sentence

• No later than 1:00 p.m. Pacific time on the Master Servicer Advance Date in each of December 2006, January 2007 and February 2007, CHL shall remit to the Master Servicer, and the Master Servicer xxxxx xxposit in the Certificate Account, the Seller Shortfall Interest Requirement (if any) for such Master Servicer Advance Date.

• Collection of Mortgage Loan Payments; Certificate Account; Distribution Account; Seller Shortfall Interest Requirement; Principal Reserve Fund...........................III-3 Section 3.06.

• No later than 1:00 p.m. Pacific time on the Business Day prior to each of the Master Servicer Advance Dates in September 2001 and October 2001, the Seller shall remit to the Master Servicer, and the Master Servicer shall deposit in the Certificate Account, the Seller Shortfall Interest Requirement for such Master Servicer Advance Date.

• No later than 1:00 p.m. Pacific time on the Business Day prior to the Master Servicer Advance Date in each of April 2005, May 2005 and June 2005, CHL shall remit to the Master Servicer, and the Master Servicex xxxxx xeposit in the Certificate Account, the Seller Shortfall Interest Requirement (if any) for such Master Servicer Advance Date.

• No later than 1:00 p.m. Pacific time on the Business Day prior to the Master Servicer Advance Date in each of April 2006, May 2006 and June 2006, CHL shall remit to the Mastxx Xxxxxxer, and the Master Servicer shall deposit in the Certificate Account, the Seller Shortfall Interest Requirement (if any) for such Master Servicer Advance Date.

More Definitions of Seller Shortfall Interest Requirement

Seller Shortfall Interest Requirement. With respect to the Master Servicer Advance Date in April 2004, the product of: (1) the excess of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-Off Date, over the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-Off Date that have a scheduled payment of interest due in the related Due Period, and (2) a fraction, the numerator of which is the weighted average Net Mortgage Rate of the Mortgage Loans (weighted on the basis of the Stated Principal Balances thereof for such Distribution Date) and the denominator of which is 12.

Seller Shortfall Interest Requirement. With respect to the Business Day immediately preceding the Payment Date in each of ________ 200_, ________ 200_ and ________ 200_, is the sum of:

Seller Shortfall Interest Requirement. For the Master Servicer Advance Date in August 2004, to the extent not cover by Excess Cashflow, an amount equal to 30 days interest on the Stated Principal Balance of each Mortgage Loans that does not have a scheduled payment of interest due in the related Due Period at the Net Mortgage Rates for such Mortgage Loans.

Seller Shortfall Interest Requirement. For the Master Servicer Advance Date in April 2004, an amount equal to 30 days interest on the Stated Principal Balance of each Mortgage Loans that does not have a scheduled payment of interest due in the related Due Period at the Net Mortgage Rates for such Mortgage Loans.

Seller Shortfall Interest Requirement. For the Master Servicer Advance Date in March 2001 or April 2001 Loan Group 1, the product of:

Seller Shortfall Interest Requirement. For the Servicer Advance Date in December 2004, to the extent not cover by Excess Cashflow, an amount equal to 30 days interest on the Stated Principal Balance of each Mortgage Loans that does not have a scheduled payment of interest due in the related Due Period at the Net Mortgage Rates for such Mortgage Loans.

Seller Shortfall Interest Requirement. With respect to the Distribution Date in January 2006 is the product of: (1) the excess of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date, over the aggregate Stated Principal Balance of all the Mortgage Loans as of the Cut-off Date that have a scheduled payment of interest due in the related Due Period, and (2) a fraction, the numerator of which is the weighted average Net Mortgage Rate of the Mortgage Loans (weighted on the basis of the Stated Principal Balances thereof as of the Cut-off Date) and the denominator of which is 12.