Current Specified Overcollateralization Percentage. For any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the Overcollateralization Target Amount, and the denominator of which is the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Structured Asset Mortgage Investments Inc)
Current Specified Overcollateralization Percentage. For any Distribution Datedistribution date, a percentage equal to (a) the percentage equivalent of a fraction, the numerator of which is the Target Overcollateralization Target Amount, and the denominator of which is Amount divided by (b) the aggregate Stated Principal Balance of the Mortgage Loans mortgage loans as of the last day of the related Due due period (after giving effect to scheduled payments of principal due during the related due period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period, and after reduction for Realized Losses incurred during the related Prepayment Period.)
Appears in 1 contract
Sources: Pooling and Servicing Agreement (CSFB Mortgage Backed Pass Through Certificates Ser 2002 10)
Current Specified Overcollateralization Percentage. For any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the Overcollateralization Target Amount, and the denominator of which is the aggregate Stated Principal Balance of the Group I Mortgage Loans as of the last day of the related Due Periodfor such Distribution Date.
Appears in 1 contract
Sources: Pooling and Servicing Agreement (Structured Asset Mort Inv Ii Inc Bear Stearns Alt a Tr 05 2)