Overcollateralization Amount. As of any Distribution Date the amount, if any, by which the sum of the Aggregate Principal Balance of the Group I Loans as of the end of the related Due Period exceeds the Aggregate Class A Certificate Balance of the Group I Certificates after giving effect to distributions of principal to be made on such Distribution Date.
Appears in 2 contracts
Sources: Pooling and Servicing Agreement (Mego Mortgage Corp), Pooling and Servicing Agreement (Mego Financial Corp)