Examples of Net Monthly Excess Cash Flow in a sentence
Realized Losses on the Loans for any Distribution Date will first, cause a reduction in Net Monthly Excess Cash Flow for that Distribution Date and second, cause a reduction in the Certificate Principal Balance of the Class CE Certificates for that Distribution Date, until the Certificate Principal Balance thereof has been reduced to zero.
Overcollateralization Reduction Amount: With respect to any Distribution Date, an amount equal to the lesser of (a) the Excess Overcollateralized Amount and (b) the Net Monthly Excess Cash Flow.
The failure to pay any Net Monthly Excess Cash Flow at any time when funds are not available to make such payment as provided in the Indenture shall not constitute an Event of Default under the Indenture.
To pay as principal on the Class M-I-3 Certificates, an amount equal to the Class M-I-3 Principal Distribution Amount; Net Monthly Excess Cash Flow 1.
Realized Losses on the Group I Loans for any Distribution Date will first, cause a reduction in the related Net Monthly Excess Cash Flow for that Distribution Date and second, cause a reduction in the Certificate Principal Balance of the Class I-CE Certificates for that Distribution Date, until the Certificate Principal Balance thereof has been reduced to zero.