Class B Principal Balance Test. (a) The Class B Principal Balance (before any distributions on current Remittance Date) as of such Remittance Date (must be greater than $12,000,000) ______ (b) Sum of Class B Principal Balance and the Overcollateralization Amount (before distributions on current Remittance Date) divided by Pool Scheduled Principal Balance as of preceding Remittance Date (must be equal to or greater than 14.25%). ______ Class M-1 Certificates ----------------------
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp)
Class B Principal Balance Test. (a) The Class B Principal Balance (before any distributions on current Remittance Date) as of such Remittance Date (must be is greater than $12,000,000) 15,000,000 ______
(b) Sum of Class B Principal Balance and the Overcollateralization Amount (before distributions on current Remittance Date) divided by Pool Scheduled Principal Balance as of preceding Remittance Date (must be is equal to or greater than 14.2512.75%). ______ Class M-1 Certificates ----------------------
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp)
Class B Principal Balance Test. (a) The Sum of Class B Principal Balance (before any distributions on current Remittance Date) as of such Remittance Date (must be is greater than $12,000,000) 40,000,000 ________________
(b) Sum of Class B Principal Balance and the Overcollateralization Amount (before distributions on current Remittance Date) divided by Pool Scheduled Principal Balance as of preceding Remittance Date (must be is equal to or greater than 14.2515.75%). ________________ 29. Class M-1 Certificates ----------------------Percentage for such Remittance Date ________
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Green Tree Financial Corp)
Class B Principal Balance Test. (a) The Sum of Class B Principal Balance and the Overcollateralization Amount (before any distributions on current Remittance Date) as of such Remittance Date (must be greater than $12,000,000) ______
(b) Sum of Class B Principal Balance and the Overcollateralization Amount (before distributions on current Remittance Date) divided by Pool Scheduled Principal Balance as of preceding Remittance Date (must be equal to or greater than 14.2515.15%). ______ Class M-1 Certificates ----------------------
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp)
