Unpaid Class HE 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.
Unpaid Class HE. B-2 Interest Shortfall" means, with respect to the Class HE: B-2 Certificates and any Payment Date, the amount, if any, of the Class HE: B-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: B-2 Pass-Through Rate, computed on the basis of a 360-day year of twelve 30-day months.
Unpaid Class HE. B-1 Liquidation Loss Interest Shortfall" means, with respect to the Class HE: B-1 Certificates and any Payment Date, the amount, if any, of the Class HE: B-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:B-1 Pass-Through Rate, computed on the basis of a 360-day year of twelve 30-day months.

Examples of Unpaid Class HE in a sentence

  • 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 HE: B-2 Pass-Through Rate on: (a) Class HE: B-2 Liquidation Loss Principal Amount .00 (b) Unpaid Class HE: B-2 Liquidation Loss Interest Shortfall .00 83.

  • Amount applied to Unpaid Class HE: B-1 Interest Shortfall .00 53.

  • Amount applied to Unpaid Class HE: M-1 Interest Shortfall .00 15.


More Definitions of Unpaid Class HE

Unpaid Class HE. A Interest Shortfall" means, as to each Class of Class HE: A Certificates and any Payment Date, the amount, if any, of the Class HE: A Interest Shortfall applicable to such Class for the prior Payment Date, plus one month's interest thereon (to the extent payment thereof is legally permissible) at the related Pass-Through Rate.
Unpaid Class HE. M-1 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 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. B-1 LIQUIDATION LOSS INTEREST SHORTFALL" means, with respect to the Class HE: B-1 Certificates and any Payment Date, the amount, if any, of the Class HE: B-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: B-1 Pass-Through Rate.
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.
Unpaid Class HE. A-1B ARM Available Funds Limitation Interest Shortfall" means, with respect to the Class HE: A-1B ARM Certificates and any Payment Date, the amount, if any, of the Class HE: A-1B ARM Available Funds Limitation 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: A-1B ARM Pass-Through Rate.
Unpaid Class HE. B-1 Interest Shortfall: With respect to the Class HE: B-1 Certificates and any Distribution Date, the amount, if any, of the Class HE: B-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: B-1 Pass-Through Rate.
Unpaid Class HE. B-2 Liquidation Loss Interest Shortfall: With respect to the Class HE: B-2 Certificates and any Distribution Date, the amount, if any, of the Class HE: B-2 Liquidation Loss 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: B-2 Pass-Through Rate.