Common use of Series Early Amortization Events Clause in Contracts

Series Early Amortization Events. a. The Free Equity Amount is less than the Minimum Free Equity Amount Free Equity: i. Free Equity Amount ii. Minimum Free Equity Amount iii. Excess Free Equity Amount b. The Note Trust Principal Balance is less than the Required Principal Balance Note Trust Principal Balance: i. Note Trust Principal Balance ii. Required Principal Balance iii. Excess Principal Balance c. The three-month average Portfolio Yield is less than three-month average Base Rate Portfolio Yield: i. Three month Average Portfolio Yield ii. Three month Average Base Rate

Series Early Amortization Events. a. The Free Equity Amount is less than the Minimum Free Equity Amount Free Equity: i. Free Equity Amount ii. Minimum Free Equity Amount iii. Excess Free Equity Amount b. The Note Trust Principal Balance is less than the Required Principal Balance Note Trust Principal Balance: i. Note Trust Principal Balance ii. Required Principal Balance iii. Excess Principal Balance c. The three-month average Average Portfolio Yield is less than three-month average Base Rate Portfolio Yield: i. Three month Average Portfolio Yield ii. Three month Average Base Rate