Unpaid Class A Principal Shortfall definition

Unpaid Class A Principal Shortfall means, as to each Class of Class A ---------------------------------- Certificates and any Remittance Date, the amount, if any, by which the aggregate of the Class A Principal Shortfalls for prior Remittance Dates is in excess of the amounts distributed on prior Remittance Dates to Holders of Class A Certificates pursuant to Section 8.03(a)(6)(ii).
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Unpaid Class A Principal Shortfall means, as to any Remittance Date, the amount, if any, by which the aggregate of the Class A Principal Shortfalls for prior Remittance Dates is in excess of the amounts distributed on prior Remittance Dates to Holders of Class A Certificates pursuant to Section 8.03(a)(5)(ii).
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Unpaid Class A Principal Shortfall means, as to each Class of Class A Certificates and any Distribution Date, the amount, if any, by which the aggregate of the Class A Principal Shortfalls for prior Distribution Dates is in excess of the amounts distributed on prior Distribution Dates to Holders of Class A Certificates pursuant to Section 8.03(a)(7)(ii).
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Examples of Unpaid Class A Principal Shortfall in a sentence

  • Class A-4 Principal Balance 50,000,000.00 1000.0000000 (14a) Class A-4 Pool Factor 1.00000000 (15) Class A-5 Principal Balance 75,950,000.00 1000.0000000 (15a) Class A-5 Pool Factor 1.00000000 (16) Unpaid Class A Principal Shortfall (if any) following current Remittance Date .00 C.

  • Prefunded Amount 0.00 --------------- Total $ Per $1,000 Amount Original --------------- -------------- (7) Unpaid Class A Principal Shortfall (if any) following prior Remittance Date 0.00 --------------- (8) Class A Percentage for such Remittance Date 100.00% --------------- (9) Class A Percentage for the following Remittance Date 100.00% --------------- (10) Class A Principal Distribution: a.

  • Prior Month Advanced Principal (662,290.22) N/A (6) Pool Scheduled Principal Balance 490,660,477.14 (6b) Adjusted Pool Principal Balance 489,759,220.49 979.51844098 (6c) Pool Factor 0.97951844 (7) Unpaid Class A Principal Shortfall (if any)following prior Remittance date .00 (8) Class A Percentage for such Remittance Date 92.40% (9) Class A Percentage for the following Remittance Date 92.34% (10) Class A Principal Distribution: a.

  • Prior Month Advanced Principal (917,168.19) N/A (6) Pool Scheduled Principal Balance 494,241,594.14 (6b) Adjusted Pool Principal Balance 493,579,303.92 987.15860784 (6c) Pool Factor 0.98715861 (7) Unpaid Class A Principal Shortfall (if any)following prior Remittance date .00 (8) Class A Percentage for such Remittance Date 92.45% (9) Class A Percentage for the following Remittance Date 92.40% (10) Class A Principal Distribution: a.

  • Class A-IO Pool Factor 1.00000000 -------------- (12) Unpaid Class A Principal Shortfall (if any) following current Remittance Date 0.00 -------------- C.

  • Class A-3 Principal Balance 45,000,000.00 1000.0000000 (13a)Class A-3 Pool Factor 1.00000000 (14) Class A-4 Principal Balance 35,000,000.00 1000.0000000 (14a) Class A-4 Pool Factor 1.00000000 (15) Class A-5 Principal Balance 47,000,000.00 1000.0000000 (15a) Class A-5 Pool Factor 1.00000000 (16) Class A-6 Principal Balance 73,650,000.00 1000.0000000 (16a)Class A-6 Pool Factor 1.00000000 (17) Unpaid Class A Principal Shortfall (if any) following current Remittance Date .00 C.

  • Prefunded Amount 0.00 --------------- Total $ Per $1,000 Amount Original --------------- ------------- (7) Unpaid Class A Principal Shortfall (if any) following prior Remittance Date 0.00 --------------- (8) Class A Percentage for such Remittance Date 100.00% --------------- (9) Class A Percentage for the following Remittance Date 100.00% --------------- (10) Class A Principal Distribution: a.

  • Prior Month Advanced Principal (1,145,961.52) N/A (6) Pool Scheduled Principal Balance 463,568,108.76 (6b) Adjusted Pool Principal Balance 462,622,923.51 925.24584702 (6c) Pool Factor 0.92524585 (7) Unpaid Class A Principal Shortfall (if any)following prior Remittance date .00 (8) Class A Percentage for such Remittance Date 91.94% (9) Class A Percentage for the following Remittance Date 91.89% (10) Class A Principal Distribution: a.

  • Class A-1 Pool Factor 0.79084858 --------------- (12) Unpaid Class A Principal Shortfall (if any) following current Remittance Date 339,492.79 --------------- C.

  • Class A-IO Pool Factor 0.98500000 -------------- (12) Unpaid Class A Principal Shortfall (if any) following current Remittance Date 0.00 -------------- C.


More Definitions of Unpaid Class A Principal Shortfall

Unpaid Class A Principal Shortfall. With respect to any Distribution Date, the amount, if any, by which the aggregate unreimbursed Class A Principal Shortfalls for one or more prior Distribution Dates exceeds the amount previously distributed to the Class A Certificateholders in respect of Class A Principal Shortfalls on one or more prior Distribution Dates.
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Unpaid Class A Principal Shortfall. With respect to any Distribution Date, ---------------------------------- the amount, if any, by which the aggregate unreimbursed Class A Principal Shortfalls for one or more prior Distribution Dates exceeds the amount previously distributed to the Class A Certificateholders in respect of Class A Principal Shortfalls on one or more prior Distribution Dates.
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Unpaid Class A Principal Shortfall. (if any) following prior Remittance Date =======
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Related to Unpaid Class A Principal Shortfall

  • Class A Note Principal Shortfall means, as of the close of any distribution date, the excess of: • the Class A Noteholders’ Principal Distribution Amount on that distribution date, over • the amount of principal actually distributed or allocated to the class A noteholders or deposited into the accumulation account on that distribution date.

  • Class B Note Principal Shortfall means, as of the close of any distribution date, the excess of: • the Class B Noteholders’ Principal Distribution Amount on that distribution date, over • the amount of principal actually distributed to the class B noteholders on that distribution date.

  • Principal Shortfall For any Distribution Date, the amount, if any, by which (i) the Principal Distribution Amount for the preceding Distribution Date exceeds (ii) the aggregate amount actually distributed with respect to principal on the Non-Vertically Retained Principal Balance Certificates on such preceding Distribution Date in respect of such Principal Distribution Amount.

  • Principal Shortfalls shall have the meaning specified in Section 4.04.

  • Daily Principal Shortfall means, on any date of determination, the excess of the Group One Monthly Principal Payment for the Monthly Period relating to such date over the month to date amount of Collections processed in respect of Principal Receivables for such Monthly Period allocable to investor certificates of all outstanding Series in Group One, not subject to reallocation, which are on deposit or to be deposited in the Principal Account on such date.

  • Series Principal Shortfall means with respect to any Transfer Date, the excess, if any, of (a) (i) with respect to any Transfer Date relating to the Controlled Accumulation Period, the Controlled Deposit Amount for such Transfer Date, and (ii) with respect to any Transfer Date during the Rapid Amortization Period, the Adjusted Investor Interest over (b) the Investor Principal Collections minus the Reallocated Principal Collections for such Transfer Date.

  • Cumulative Series Principal Shortfall means the sum of the Series Principal Shortfalls (as such term is defined in each of the related Series Supplements) for each Series in Group One.

  • Matured Principal Shortfall means, with respect to any Distribution Date and for any Class of Notes which would have a remaining principal balance greater than zero on such Distribution Date, after taking into account the payment of all other principal amounts to such Class on such Distribution Date and as to which such Distribution Date is either the Final Scheduled Distribution Date for such Class, or a Distribution Date subsequent to such Final Scheduled Distribution Date, the remaining principal balance of such Class on such Distribution Date after taking into account the payment of all other principal amounts to such Class on such Distribution Date.

  • Collateral Shortfall Amount is defined in Section 8.1.

  • Class A-P Collection Shortfall With respect to the Cash Liquidation or REO Disposition of a Discount Mortgage Loan and any Distribution Date, the excess of the amount described in Section 4.02(b)(i)(C)(1) over the amount described in Section 4.02(b)(i)(C)(2).

  • Available Funds Shortfall As defined in Section 3.03(b)(ii)(A).

  • Finance Charge Shortfall shall have the meaning specified in Section 4.09.

  • Class A Note Interest Shortfall means, for any distribution date, the excess of: • the Class A Noteholders’ Interest Distribution Amount on the preceding distribution date, over • the amount of interest actually distributed to the class A noteholders on that preceding distribution date, plus interest on the amount of that excess, to the extent permitted by law, at the interest rate applicable for each related class of notes from that preceding distribution date to the current distribution date.

  • Class A Non-PO Principal Distribution Amount As to any Distribution Date, the aggregate amount distributed in respect of the Class A Certificates pursuant to Paragraph third clause (A) 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.

  • Class A Non-PO Principal Balance As of any date, an amount equal to the Class A Principal Balance less the Principal Balance of the Class A-PO Certificates.

  • Available Funds Shortfall Amount means, as of any Payment Date, the amount, if any, by which the aggregate amount required to be paid pursuant to clauses first through twelfth of Section 4.4(a) of the Sale and Servicing Agreement exceeds the Available Funds for such Payment Date.

  • Class A Non-PO Optimal Principal Amount As to any Distribution Date, an amount equal to the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan, and (y) the sum of:

  • Class B Note Interest Shortfall means, for any distribution date, the excess of: • the Class B Noteholders’ Interest Distribution Amount on the preceding distribution date, over • the amount of interest actually distributed to the class B noteholders on that preceding distribution date, plus interest on the amount of that excess, to the extent permitted by law, at the class B note interest rate from that preceding distribution date to the current distribution date.

  • 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.

  • Class A-P Principal Distribution Amount As defined in Section 4.02.

  • Class A Noteholders’ Principal Distribution Amount means, for any distribution date, the Principal Distribution Amount times the Class A Percentage for that distribution date, plus any Class A Note Principal Shortfall as of the close of business on the preceding distribution date; provided that the Class A Noteholders’ Principal Distribution Amount will not exceed the outstanding principal balance of the class A notes, less all amounts, other than investment earnings, on deposit in the accumulation account.In addition, on the maturity date for any class of class A notes, the principal required to be distributed to the related noteholders will include the amount required to reduce the outstanding principal balance of that class to zero.

  • Class A Principal Percentage means, with respect to any Monthly Period (i) during the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class A Invested Amount as of the last day of the immediately preceding Monthly Period and the denominator of which is the Invested Amount as of such day and (ii) during the Controlled Accumulation Period, the Early Amortization Period or any Partial Amortization Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class A Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated and the denominator of which is the Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated; provided, however, that with respect to the first Monthly Period, the Class A Principal Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Class A Initial Invested Amount and denominator of which is the Initial Invested Amount.

  • Class A Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the aggregate Class Certificate Balance of the Class A Certificates immediately prior to such Distribution Date over (ii) the lesser of (A) 86.20% of the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date and (B) the excess, if any, of the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date over the Overcollateralization Floor.

  • Class B Noteholders’ Principal Distribution Amount means, for any distribution date, the Principal Distribution Amount times the Class B Percentage for that distribution date, plus any Class B Note Principal Shortfall as of the close of business on the preceding distribution date; provided that the Class B Noteholders’ Principal Distribution Amount will not exceed the principal balance of the class B notes.In addition, on the class B maturity date, the principal required to be distributed to the class B noteholders will include the amount required to reduce the outstanding principal balance of the class B notes to zero.

  • Class A Principal Allocation Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, determined as follows: (A) with respect to the Group I Class A Certificates, a fraction, the numerator of which is (x) the portion of the Principal Remittance Amount for such Distribution Date that is attributable to the principal received or advanced on the Group I Mortgage Loans and the denominator of which is (y) the Principal Remittance Amount for such Distribution Date and (B) with respect to the Group II Class A Certificates, a fraction, the numerator of which is (x) the portion of the Principal Remittance Amount for such Distribution Date that is attributable to the principal received or advanced on the Group II Mortgage Loans and the denominator of which is (y) the Principal Remittance Amount for such Distribution Date.