REMIC 2 Overcollateralization Amount definition

REMIC 2 Overcollateralization Amount. With respect to any date of determination, (i) 1.00% of the aggregate Uncertificated Principal Balance of the REMIC 2 Regular Interests (other than REMIC 2 Regular Interest LTP) minus (ii) the aggregate Uncertificated Principal Balance of REMIC 2 Regular Interest LTA1, REMIC 2 Regular Interest LTA2, REMIC 2 Regular Interest LTA3, REMIC 2 Regular Interest LTA4, REMIC 2 Regular Interest LTM1, REMIC 2 Regular Interest LTM2, REMIC 2 Regular Interest LTM3, REMIC 2 Regular Interest LTM4, REMIC 2 Regular Interest LTM5, REMIC 2 Regular Interest LTM6, REMIC 2 Regular Interest LTM7, REMIC 2 Regular Interest LTM8, REMIC 2 Regular Interest LTM9 and REMIC 2 Regular Interest LTM10, in each case as of such date of determination.
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REMIC 2 Overcollateralization Amount. With respect to any date of determination, (i) 1% of the aggregate Uncertificated Principal Balances of the REMIC 2 Regular Interests minus (ii) the aggregate Uncertificated Principal Balances of REMIC 2 Regular Interests MT-A1, MT-A2, MT-A3, MT-M1, MT-M2, MT-B, MT-R and MT-P, in each case as of such date of determination.
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REMIC 2 Overcollateralization Amount. With respect to any date of determination, (i) 1% of the aggregate Uncertificated Principal Balances of the REMIC 2 Regular Interests minus (ii) the aggregate Uncertificated Principal Balances of REMIC 2 Regular Interests MTI-A-1, MTI-A-2A, MTI-A-2B, MTI-A-3, MTI-A-4, MTI-M-1, MTI-M-2, MTI-M-▇, ▇▇▇-▇-▇, ▇▇▇-▇-▇, ▇▇▇-▇-▇, ▇▇▇-▇-▇, ▇▇▇-▇-8, MTI-M-9A, MTI-M-9F, MTI-B-1, MTI-B-2, MTI-R and MTI-P, in each case as ▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇▇.
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More Definitions of REMIC 2 Overcollateralization Amount

REMIC 2 Overcollateralization Amount. With respect to any date of determination, (i) 1% of the aggregate Uncertificated Principal Balances of the REMIC 2 Regular Interests minus (ii) the aggregate of the Uncertificated Principal Balances of REMIC 2 Regular Interest LT2A1, REMIC 2 Regular Interest LT2A2, REMIC 2 Regular Interest LT2M1, REMIC 2 Regular Interest LT2M2, REMIC 2 Regular Interest LT2M3, REMIC 2 Regular Interest LT2M4 and REMIC 2 Regular Interest LT2P, in each case as of such date of determination.
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REMIC 2 Overcollateralization Amount. With respect to any date of determination, (i) 1% of the aggregate Uncertificated Principal Balances of the REMIC 2 Regular Interests minus (ii) the aggregate Uncertificated Principal Balances of REMIC 2 Regular Interests MTI-A-1, MTI-A- I-1, MTI-A-2, MTI-A-II-2, MTI-A-3, MTI-A-III-3, MTI-M-1, MTI-M-2, ▇▇▇-▇, ▇▇▇-▇ ▇▇▇ ▇▇▇-▇, ▇▇ ▇▇▇▇ ▇ase as of such date of determination.
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REMIC 2 Overcollateralization Amount. With respect to any date of determination, (i) 1% of the aggregate Uncertificated Principal Balances of the REMIC 2 Regular Interests minus (ii) the aggregate Uncertificated Principal Balances of REMIC 2 Regular Interests ▇▇▇-▇-▇, ▇▇▇-▇-▇, ▇▇▇-▇-▇, MTI-M-1, MTI-M-2, MTI-M-3, MTI-M-4, MTI-M-5, MTI-M-6, MTI-M-7, MTI-M-8, MTI-M-9, MTI-B-1, MTI-B-2, MTI-R and MTI-P, in each case as of such date of determination.
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REMIC 2 Overcollateralization Amount. With respect to any date of determination, (i) 1% of the aggregate Uncertificated Principal Balances of REMIC 2 Regular Interests MT-IIAA, MT-IIA1, MT-IIA2, MT-IIA3, MT-IIM1, MT-IIM2, MT-IIB, MT-IIZZ, MT-R and MT-P minus (ii) the ag▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇icated Principal Balances of REMIC 2 Regular Interests MT-IIA1, MT-IIA2, MT-IIA3, MT-IIM1, MT-IIM2, MT-IIB, MT-▇ ▇▇▇ ▇▇-▇, ▇▇ ▇▇▇▇ ▇▇▇▇ ▇s of such d▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇tion.
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REMIC 2 Overcollateralization Amount. With respect to any date of determination, (i) 1% of the aggregate Uncertificated Principal Balances of the REMIC 2 Regular Interests minus (ii) the aggregate of the Uncertificated Principal Balances of REMIC 2 Regular Interest MT-1A1, REMIC 2 Regular Interest MT-1A2, REMIC 2 Regular Interest MT-1A3, REMIC 2 Regular Interest MT-2A1, REMIC 2 Regular Interest MT-2A2, REMIC 2 Regular Interest MT-2A3, REMIC 2 Regular Interest MT-M1, REMIC 2 Regular Interest MT-M2, REMIC 2 Regular Interest MT-M3, REMIC 2 Regular Interest MT-M4, REMIC 2 Regular Interest MT-M5, REMIC 2 Regular Interest MT-M6 and REMIC 2 Regular Interest MT-M7 and REMIC 2 Regular Interest MT-P, in each case as of such date of determination.
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Related to REMIC 2 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.

  • 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.

  • 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.

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