REMIC 1 Overcollateralization Amount definition

REMIC 1 Overcollateralization Amount. With respect to any date of determination, (i) 1% of the aggregate Uncertificated Principal Balances of the REMIC 1 Regular Interests minus (ii) the aggregate of the Uncertificated Principal Balances of REMIC 1 Regular Interest LTA1, REMIC 1 Regular Interest LTA2, REMIC 1 Regular Interest LTM1, REMIC 1 Regular Interest LTM2, REMIC 1 Regular Interest LTM3, REMIC 1 Regular Interest LTM4, REMIC 1 Regular Interest LTM5 and REMIC 1 Regular Interest LTP, in each case as of such date of determination.
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REMIC 1 Overcollateralization Amount. With respect to any date of determination, (i) 1.00% of the aggregate Uncertificated Principal Balance of the REMIC 1 Regular Interests (other than REMIC 1 Regular Interest LTP) minus (ii) the aggregate Uncertificated Principal Balance of REMIC 1 Regular Interest LTA1, REMIC 1 Regular Interest LTA2, REMIC 1 Regular Interest LTA3, REMIC 1 Regular Interest LTA4, REMIC 1 Regular Interest LTA5, REMIC 1 Regular Interest LTA6, REMIC 1 Regular Interest LTM1, REMIC 1 Regular Interest LTM2, REMIC 1 Regular Interest LTM3, REMIC 1 Regular Interest LTM4, REMIC 1 Regular Interest LTM5, REMIC 1 Regular Interest LTM6, REMIC 1 Regular Interest LTM7, REMIC 1 Regular Interest LTM8, REMIC 1 Regular Interest LTM9, REMIC 1 Regular Interest LTM10, REMIC 1 Regular Interest LTB1 and REMIC 1 Regular Interest LTB2, in each case as of such date of determination.
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REMIC 1 Overcollateralization Amount. With respect to any date of determination, (i) 1.00% of the aggregate Uncertificated Principal Balances of the REMIC 1 Regular Interests minus (ii) the aggregate of the Uncertificated Principal Balances of REMIC 1 Regular Interest LT-A1, REMIC 1 Regular Interest LT-A2, REMIC 1 Regular Interest LT-A3-1, REMIC 1 Regular Interest LT-A3-2, REMIC 1 Regular Interest LT-M1, REMIC 1 Regular Interest LT-M2, REMIC 1 Regular Interest LT-M3, REMIC 1 Regular Interest LT-M4, REMIC 1 Regular Interest LT-M5, REMIC 1 Regular Interest LT-M6, REMIC 1 Regular Interest LT-M7 and REMIC 1 Regular Interest LT-P, in each case as of such date of determination.
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More Definitions of REMIC 1 Overcollateralization Amount

REMIC 1 Overcollateralization Amount. With respect to any date of determination, (i) 0.50% of the aggregate Uncertificated Principal Balances of the REMIC 1 Regular Interests minus (ii) the aggregate of the Uncertificated Principal Balances of REMIC 1 Regular Interest LT-I-A-1, REMIC 1 Regular Interest LT-I-A-2-1, REMIC 1 Regular Interest LT-I-A-2-2, REMIC 1 Regular Interest LT-I-A-3, REMIC 1 Regular Interest LT-II-A-1-1, REMIC 1 Regular Interest LT-II-A-1-2, REMIC 1 Regular Interest LT-II-A-2, REMIC 1 Regular Interest LT-II-A-3-1, REMIC 1 Regular Interest LT-II-A-3-2, REMIC 1 Regular Interest LT-III-A-1-1, REMIC 1 Regular Interest LT-III-A-1-2, REMIC 1 Regular Interest LT-III-A-2, REMIC 1 Regular Interest LT-III-A-3-1, REMIC 1 Regular Interest LT-III-A-3-2, REMIC 1 Regular Interest LT-M1, REMIC 1 Regular Interest LT-M2, REMIC 1 Regular Interest LT-M3, REMIC 1 Regular Interest LT-M4, REMIC 1 Regular Interest LT-M5, REMIC 1 Regular Interest LT-M6, REMIC 1 Regular Interest LT-M7, REMIC 1 Regular Interest LT-M8 and REMIC 1 Regular Interest LT-P, in each case as of such date of determination.
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REMIC 1 Overcollateralization Amount. With respect to any date of determination, (i) 1% of the aggregate Uncertificated Principal Balances of the REMIC 1 Regular Interests minus (ii) the aggregate Uncertificated Principal Balances of REMIC 1 Regular Interests LT-A1, LT-A2, LT-A3, LT-M1A, LT-M1B1, LT-M1B2, LT-M2A, LT-M2B, LT-BA, LT-BB, ▇▇-▇ ▇▇▇ ▇▇-▇, ▇▇ each case as of such date of determination.
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REMIC 1 Overcollateralization Amount. With respect to any date of determination, (i) 1% of the aggregate Uncertificated Principal Balances of the REMIC 1 Regular Interests minus (ii) the aggregate Uncertificated Principal Balances of REMIC 1 Regular Interests LT-A1, LT-A2, LT-M1, LT-M2, LT-B1, LT-B2, LT-R and LT-P, in each case as of such date of deter▇▇▇▇▇▇▇▇.
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REMIC 1 Overcollateralization Amount. With respect to any date of determination, (i) 1% of the aggregate Stated Principal Balances of the Mortgage Loans minus (ii) the aggregate Uncertificated Principal Balances of REMIC 1 Regular Interests LT-A-1, LT-A-2, ▇▇-▇-▇, ▇▇-▇-▇, ▇▇-▇-▇, ▇▇-▇-2, LT-M-3, LT-M-4, LT-M-5, ▇▇-▇, ▇▇-▇, ▇▇-▇▇ ▇▇▇ ▇▇-P, ▇▇ ▇ach case as of such date of determination.
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Related to REMIC 1 Overcollateralization Amount

  • REMIC II Overcollateralization Amount With respect to any date of determination, (i) 0.50% of the aggregate Uncertificated Balances of the REMIC II Regular Interests (other than REMIC II Regular Interest P) minus (ii) the aggregate of the Uncertificated Balances of REMIC II Regular Interest A-1, REMIC II Regular Interest A-2A, REMIC II Regular Interest A-2B, REMIC II Regular Interest A-2C, REMIC II Regular Interest A-2D, REMIC II Regular Interest M-1, REMIC II Regular Interest M-2, REMIC II Regular Interest M-3, REMIC II Regular Interest M-4, REMIC II Regular Interest M-5, REMIC II Regular Interest M-6, REMIC II Regular Interest M-7, REMIC II Regular Interest M-8, REMIC II Regular Interest M-9, REMIC II Regular Interest M-10 and REMIC II Regular Interest M-11, in each case as of such date of determination.

  • Overcollateralization Amount With respect to any Distribution Date, the excess, if any, of (a) the aggregate Stated Principal Balance of the Mortgage Loans before giving effect to distributions of principal to be made on such Distribution Date over (b) the aggregate Certificate Principal Balance of the Class A Certificates and Class M Certificates immediately prior to such date.

  • Excess Overcollateralization Amount With respect to any Distribution Date, the excess, if any, of (a) the Overcollateralization Amount on such Distribution Date over (b) the Required Overcollateralization Amount for such Distribution Date.

  • Target Overcollateralization Amount means, with respect to any Payment Date, 3.00% of the Adjusted Pool Balance as of the Cut-off Date. Notwithstanding the foregoing, the Target Overcollateralization Amount shall not exceed the Adjusted Pool Balance on such Payment Date.

  • Specified Overcollateralization Amount means for any Distribution Date, the greater of: