Unpaid Class definition

Unpaid Class. HE: M-2 Liquidation Loss Interest Shortfall" means, with respect to the Class HE: M-2 Certificates and any Payment Date, the amount, if any, of the Class HE: M-2 Liquidation Loss Interest Shortfall for the prior Payment Date, plus one month's interest thereon (to the extent payment thereof is legally permissible) at the Class HE: M-2 Pass-Through Rate, computed on the basis of a 360-day year of twelve 30-day months.
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Unpaid Class. A Principal Shortfall (if any) following current Remittance Date ======= Class M-1 Distribution Test and Class B Distribution Test (applicable on and after the Remittance Date occurring in December, 1999)
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Unpaid Class. HE: M-1 Liquidation Loss Interest Shortfall" means, with -------------------------------------------------------- respect to the Class HE: M-1 Certificates and any Payment Date, the amount, if any, of the Class HE: M-1 Liquidation Loss Interest Shortfall for the prior Payment Date, plus one month's interest thereon (to the extent payment thereof is legally permissible) at the Class HE: M-1 Pass-Through Rate, computed on the basis of a 360-day year of twelve 30-day months. "Unpaid Class HE: M-2 Interest Shortfall" means, with respect to the Class --------------------------------------- HE: M-2 Certificates and any Payment Date, the amount, if any, of the Class HE: M-2 Interest Shortfall for the prior Payment Date, plus one month's interest thereon (to the extent payment thereof is legally permissible) at the Class HE: M-2 Pass-Through Rate, computed on the basis of a 360-day year of twelve 30-day months.
Sample 1

Examples of Unpaid Class in a sentence

  • Amount applied to Unpaid Class HI: B-2 Interest Shortfall .00 69.

  • Remaining Unpaid Class HI: B-2 Interest Shortfall .00 PRINCIPAL 70.

  • Interest at Class HI: B-2 Pass-Through Rate on: (a) Class HI: B-2 Liquidation Loss Principal Amount .00 (b) Unpaid Class HI: B-2 Liquidation Loss Interest Shortfall .00 81.

  • Amount applied to Unpaid Class HE: B-2 Interest Shortfall .00 71.

  • Remaining Unpaid Class HE: B-2 Interest Shortfall .00 PRINCIPAL 72.

  • Interest at Class HI: B-1 Pass-Through Rate on: (a) Class HI: B-1 Liquidation Loss Principal Amount .00 (b) Unpaid Class HI: B-1 Liquidation Loss Interest Shortfall .00 63.

  • Amount applied to Unpaid Class HE: B-2 Interest Shortfall .00 69.

  • Interest at Class HE: B-1 Pass-Through Rate on: (a) Class HE: B-1 Liquidation Loss Principal Amount .00 (b) Unpaid Class HE: B-1 Liquidation Loss Interest Shortfall .00 63.

  • Amount applied to Unpaid Class HE: M-1 Interest Shortfall .00 13.

  • Amount applied to Unpaid Class HE: M-2 Interest Shortfall .00 29.


More Definitions of Unpaid Class

Unpaid Class. HE: M-1 Interest Shortfall: With respect to the Class HE: M-1 Certificates and any Distribution Date, the amount, if any, of the Class HE: M-1 Interest Shortfall for the prior Distribution Date, plus one month's interest thereon (to the extent payment thereof is legally permissible) at the Class HE: M-1 Pass-Through Rate.
Sample 1
Unpaid Class. HI: M-1 Interest Shortfall: With respect to the Class HI: M-1 Certificates and any Distribution Date, the amount, if any, of the Class HI: M-1 Interest Shortfall for the prior Distribution Date, plus one month's interest thereon (to the extent payment thereof is legally permissible) at the Class HI: M-1 Pass-Through Rate.
Sample 1
Unpaid Class. A Note Interest Shortfall (current cycle) 5.01(i) 0.00 Class S Note Interest 5.01 (ii) 216,132.69 Unpaid Class S Note Interest Shortfall (current cycle) 5.01 (ii) 0.00 Investor Loss Amount 5.01(iii) Distribution to Funding Account during Funding Period 0.00 Previous Investor Loss Amount 5.01(iv) 0.00 Monthly Insurance Premium 5.01(v) 34,581.23 Credit Enhancer Reimbursement 5.01(vi) 0.00 Accelerated Principal Distribution Amount 5.01(vii) 633,963.13 Spread Account Deposit 5.01(viii) 0.00 Trustee Fee 5.01 (ix) 1,205.77 Payment to Servicer per Section 7.03 5.01 (x) 0.00 Deferred Interest 5.01 (xi) 0.00 Remaining Amount to Transferor 5.01 (xii) 0.00 Total Noteholders Distribution Allocable to Interest 1,889,603.06 Maximum Principal Payment 8,438,764.69 Alternative Principal Payment 0.00 Guaranteed Principal Distribution Amount (afterTSA= zero) 0.00 Scheduled Principal Collection Payment 0.00 Accelerated Principal Distribution Amount 5.01(vii) 633,963.13 Total Noteholders Distribution Allocable to Principal 633,963.13 Certificateholders Interest Collections 38,569.73 Certificateholders Interest Collections 5.01 (xii) 0.00 Certificateholders Principal Collections Distribution to Funding Account during Funding Period 0.00 Certificateholders Distribution Amount 38,569.73 LOSSES/RETRANSFERS
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Unpaid Class. [ ] INTEREST AMOUNT" in relation to a Floating Rate Payer Payment Date means the aggregate of the Floating Amounts referred to in paragraphs [5.1(B)] and [(C)] with respect to that Floating Rate Payer Payment Date. ["US$] EQUIVALENT" in relation to an amount which is calculated, determined or expressed in A$, or which includes a component determined or expressed in A$, means that A$ amount or A$ component (as the case may be) multiplied by the [US$] Exchange Rate.
Sample 1
Unpaid Class. HE: M-1 Liquidation Loss Interest Shortfall" means, with respect to the Class HE: M-1 Certificates and any Payment Date, the amount, if any, of the Class HE: M-1 Liquidation Loss Interest Shortfall for the prior Payment Date, plus one month's interest thereon (to the extent payment thereof is legally permissible) at the Class HE: M-1 Pass-Through Rate, computed on the basis of a 360-day year of twelve 30-day months. "Unpaid Class HE: M-2 Interest Shortfall" means, with respect to the Class HE: M-2 Certificates and any Payment Date, the amount, if any, of the Class HE: M-2 Interest Shortfall for the prior Payment Date, plus one month's interest thereon (to the extent payment thereof is legally permissible) at the Class HE: M-2 Pass-Through Rate, computed on the basis of a 360-day year of twelve 30-day months.
Sample 1

Related to Unpaid Class

  • Scheduled Classes As specified in the Preliminary Statement.

  • Affected Class has the meaning specified in Section 2.24(a).

  • Related Classes As to any Uncertificated REMIC I Regular Interest, those classes of Certificates identified as "Related Classes of Certificates" to such Uncertificated REMIC I Regular Interest in the definition of Uncertificated REMIC I Regular Interest.

  • Aggregate Class A Unpaid Interest Shortfall As to any Distribution Date, an amount equal to the sum of the Class A Unpaid Interest Shortfalls for all the Classes of Class A Certificates.

  • Floating Rate Classes The Classes designated as either “Floating Rate” or “Inverse Floating Rate” in the Prospectus Supplement.

  • Restricted Classes As defined in Section 4.02(e).

  • Unpaid Interest Shortfalls Each of the Class A Unpaid Interest Shortfalls, the Class B-1 Unpaid Interest Shortfall, the Class B-2 Unpaid Interest Shortfall, the Class B-3 Unpaid Interest Shortfall, the Class B-4 Unpaid Interest Shortfall, the Class B-5 Unpaid Interest Shortfall and the Class B-6 Unpaid Interest Shortfall.

  • Class B-4 Unpaid Interest Shortfall As to any Distribution Date, the amount, if any, by which the aggregate of the Class B-4 Interest Shortfall Amounts for prior Distribution Dates is in excess of the amounts distributed in respect of the Class B-4 Certificates on prior Distribution Dates pursuant to Paragraph fifteenth of Section 4.01(a).

  • Class B-6 Unpaid Interest Shortfall As to any Distribution Date, the amount, if any, by which the aggregate of the Class B-6 Interest Shortfall Amounts for prior Distribution Dates is in excess of the amounts distributed in respect of the Class B-6 Certificates on prior Distribution Dates pursuant to Paragraph twenty-first of Section 4.01(a).

  • Class Unpaid Interest Shortfall As to any Distribution Date and each interest-bearing Class, the amount by which the aggregate Class Interest Shortfalls for such Class on prior Distribution Dates exceeds the amount of interest actually distributed on such Class on such prior Distribution Dates pursuant to clause (ii) of the definition of "Interest Distribution Amount."

  • Class A Unpaid Interest Shortfall As to any Distribution Date and any Class of Class A Certificates, the amount, if any, by which the aggregate of the Class A Interest Shortfall Amounts for such Class for prior Distribution Dates is in excess of the amounts distributed in respect of such Class on prior Distribution Dates pursuant to Paragraph second of Section 4.01(a).

  • Class B-1 Unpaid Interest Shortfall As to any Distribution Date, the amount, if any, by which the aggregate of the Class B-1 Interest Shortfall Amounts for prior Distribution Dates is in excess of the amounts distributed in respect of the Class B-1 Certificates on prior Distribution Dates pursuant to Paragraph sixth of Section 4.01(a).

  • Initial Class A-4 Note Balance means $75,000,000.

  • Class B-2 Unpaid Interest Shortfall As to any Distribution Date, the amount, if any, by which the aggregate of the Class B-2 Interest Shortfall Amounts for prior Distribution Dates is in excess of the amounts distributed in respect of the Class B-2 Certificates on prior Distribution Dates pursuant to Paragraph ninth of Section 4.01(a).

  • Initial Class C Note Balance means $152,941,000.

  • Class B-5 Unpaid Interest Shortfall As to any Distribution Date, the amount, if any, by which the aggregate of the Class B-5 Interest Shortfall Amounts for prior Distribution Dates is in excess of the amounts distributed in respect of the Class B-5 Certificates on prior Distribution Dates pursuant to Paragraph eighteenth of Section 4.01(a).

  • Subordinated Class means, with respect to the Class A Notes, the Class B Notes.

  • Class B-3 Unpaid Interest Shortfall As to any Distribution Date, the amount, if any, by which the aggregate of the Class B-3 Interest Shortfall Amounts for prior Distribution Dates is in excess of the amounts distributed in respect of the Class B-3 Certificates on prior Distribution Dates pursuant to Paragraph twelfth of Section 4.01(a).

  • Original Class A Non-PO Principal Balance The sum of the Original Principal Balances of the Class A-1, Class A-2, Class A-3, Class A-4 and Class A-R Certificates, as set forth in Section 11.06.

  • Initial Class B Note Balance means $129,750,000.

  • Original Class B-4 Percentage The Class B-4 Percentage as of the Cut-Off Date, as set forth in Section 11.11.

  • Class B Unpaid Interest Shortfall Any of the Class B-1 Unpaid Interest Shortfall, Class B-2 Unpaid Interest Shortfall, Class B-3 Unpaid Interest Shortfall, Class B-4 Unpaid Interest Shortfall, Class B-5 Unpaid Interest Shortfall or Class B-6 Unpaid Interest Shortfall.

  • Corresponding Class The class of interests in the Lower-Tier REMIC or Upper-Tier REMIC that corresponds to the class of interests in the other such REMIC or to a Class of Certificates in the manner set out below: Corresponding Corresponding Upper-Tier Corresponding Lower-Tier Class Designation Regular Interest Class of Certificates ---------------------------- ---------------- --------------------- Class LT-A-1 Class A-1 Class A-1 Class LT-A-2a Class A-2a Class A-2a Class LT-A-2b Class A-2b Class A-2b Class LT-A-2c Class A-2c Class A-2c Class LT-A-2d Class A-2d Class A-2d Class LT-M-1 Class M-1 Class M-1 Class LT-M-2 Class M-2 Class M-2 Class LT-M-3 Class M-3 Class M-3 Class LT-M-4 Class M-4 Class M-4 Class LT-M-5 Class M-5 Class M-5 Class LT-M-6 Class M-6 Class M-6 Class LT-B-1 Class B-1 Class B-1 Class LT-B-2 Class B-2 Class B-2 Class LT-B-3 Class B-3 Class B-3 N/A Class X Class X

  • New Class Loans shall have the meaning assigned to such term in Section 9.08(f).

  • Initial Class D Note Balance means $142,370,000.

  • Unpaid Interest Shortfall Amount With respect to the Class A Certificates and the Mezzanine Certificates and (i) the first Distribution Date, zero, and (ii) any Distribution Date after the first Distribution Date, the amount, if any, by which (a) the sum of (1) the Monthly Interest Distributable Amount for such Class for the immediately preceding Distribution Date and (2) the outstanding Unpaid Interest Shortfall Amount, if any, for such Class for such preceding Distribution Date exceeds (b) the aggregate amount distributed on such Class in respect of interest pursuant to clause (a) of this definition on such preceding Distribution Date, plus interest on the amount of interest due but not paid on the Certificates of such Class on such preceding Distribution Date, to the extent permitted by law, at the Pass-Through Rate for such Class for the related Accrual Period.