Common use of Enhancement Percentage Clause in Contracts

Enhancement Percentage. As to any Distribution Date, the percentage obtained by dividing (x) the Interim Overcollateralization Amount by (y) the Pool Balance as of the last day of the related Collection Period.

Appears in 2 contracts

Sources: Pooling and Servicing Agreement (HSBC Home Equity Loan Corp I), Pooling and Servicing Agreement (HSBC Home Equity Loan Corp I)