Subgroup Subordinate Amount. With respect to any Subgroup and any Distribution Date is the aggregate Stated Principal Balance of such Subgroup as of the first day of the month preceding the month of such Distribution Date (after giving effect to Monthly Payments of principal due on such date and subject to adjustment for prepayments received and distributed in the month prior to that Distribution Date) minus the aggregate Certificate Principal Balance of the related Class or Classes of Class A Certificates.
Subgroup Subordinate Amount. As to any Subgroup, the excess of the Stated Principal Balance of the Mortgage Components of that Subgroup (less, with respect to Subgroup 1-1 and Subgroup 2-1, the applicable Class PO Fraction of any Class PO Mortgage Component with respect to such Subgroup) as of the first day of the month preceding the month in which such Distribution Date occurs over the sum of the aggregate Class Principal Amounts of the Senior Certificates (other than the Class A-P Certificates) related to that Subgroup. Subordinate Certificates: The Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates.
Subgroup Subordinate Amount. As to any Subgroup and Distribution Date will equal the excess of the Stated Principal Balance of the Mortgage Components of that Subgroup (less the applicable Class P Fraction of any Class P Mortgage Component with respect to Subgroup 1) as of the first day of the month preceding the month in which such Distribution Date occurs over the sum of the aggregate Class Principal Amounts of the Senior Certificates (other than the Class 1-A-P Certificate) related to that Subgroup.
Examples of Subgroup Subordinate Amount in a sentence
For purposes of calculating the reduction in the amount referred to in the definition of Accrued Certificate Interest for each Class of Group II Subordinate Certificates in respect of any Subgroup, such reduction shall be based upon the amount of interest accruing at the Required Coupon for such Subgroup, on such Class' proportionate share, based on Class Certificate Balance, of the related Group II Subgroup Subordinate Amount for that Distribution Date.
More Definitions of Subgroup Subordinate Amount
Subgroup Subordinate Amount. With respect to any Distribution Date and any Loan Subgroup, the excess of the aggregate Stated Principal Balance of the Mortgage Loans in such Loan Subgroup over the sum of the Class Certificate Balance of the Senior Certificates of the Related Subgroup and the Component Balance of the Component of the Related Subgroup immediately prior to such date. Subordinate Certificates: The Class CB Certificates, the Class 4-B Certificates, the Class M Certificates, the Class 5-B Certificates, the Class 5-CE Certificates and the Class 5-P Certificates.
Subgroup Subordinate Amount. As to any Subgroup and Distribution Date will equal the excess of the Stated Principal Balance of the Mortgage Components of that Subgroup (less the applicable Class PO Fraction of any Class PO Mortgage Component with respect to Subgroup 1-1 and Subgroup 2-1) as of the first day of the month preceding the month in which such Distribution Date occurs over the sum of the aggregate Class Principal Amounts of the Senior Certificates (other than the Class A-P Certificates) related to that Subgroup. Subordinate Certificates: The Aggregate Pool Subordinate Certificates and the Pool 3 Subordinate Certificates.
Subgroup Subordinate Amount. With respect to any Distribution Date and any Loan Subgroup, the excess of the aggregate Stated Principal Balance of the Mortgage Loans in such Loan Subgroup over the sum of the Class Certificate Balance of the Class A Certificates of the Related Subgroup and the Component Balance of the Component of the Related Subgroup immediately prior to such date.
Subgroup Subordinate Amount. As to any Subgroup and Distribution Date will equal the excess of the Stated Principal Balance of the Mortgage Components of that Subgroup (less the applicable Class P Fraction of any Class P Mortgage Component with respect to Subgroup 1-1 and Subgroup 2-1) as of the first day of the month preceding the month in which such Distribution Date occurs over the sum of the aggregate Class Principal Amounts of the Senior Certificates (other than the Class A-P Certificates) related to that Subgroup. Subordinate Certificates: The Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates.
Subgroup Subordinate Amount. Either the Subgroup 1-A Subordinate Amount or Subgroup 1-B Subordinate Amount, as applicable.
Subgroup Subordinate Amount. For each of Subgroup 1-A1, Subgroup 1-A2, Subgroup 2-A1 and Subgroup 2-A2 and any Distribution Date, the excess, if any, of (i) the sum of the aggregate Stated Principal Balance of the Mortgage Loans in such Loan Subgroup as of the first day of the month prior to such Distribution Date, over the aggregate of the Class Certificate Principal Balances of the Senior Certificates related to such Loan Subgroup immediately prior to such Distribution Date.
Subgroup Subordinate Amount. As to any Subgroup and Distribution Date will equal the excess of the Stated Principal Balance of the Mortgage Components of that Subgroup (less the applicable Class P Fraction of any Class P Mortgage Component with respect to Subgroup 1-1, Subgroup 2-1 and Subgroup 4-1) as of the first day of the month preceding the month in which such Distribution Date occurs over the sum of the aggregate Class Principal Amounts of the Senior Certificates (other than the Class A-P and Class 4-A-P Certificates) related to that Subgroup. Subordinate Certificates: The Aggregate Pool I Subordinate Certificates or Pool 4 Subordinate Certificates, as the context requires.