Calculated Recovery Principal definition
Calculated Recovery Principal. With respect to any Payment Date is the sum of:
Calculated Recovery Principal means, with respect to any Payment Date and Loan Group, the sum of:
Calculated Recovery Principal. With respect to any Payment Date, the aggregate Credit Event UPB (determined solely in accordance with clause (i) of the definition thereof) of all Credit Event Reference Obligations for such Payment Date minus the Calculated Tranche Write-down Amount for such Payment Date.