Cross-Collateralization; Adjustments to Available Funds. If on any Distribution Date the Class Certificate Balance of the Senior Certificates in a Loan Group is greater than the aggregate Stated Principal Balance of the Mortgage Loans in such Loan Group (the "Undercollateralized Group"), then the Trustee shall reduce the Available Funds of the other Loan Group to the extent that it is not undercollateralized (the "Overcollateralized Group"), as follows: (i) to add to the Available Funds of the Undercollateralized Group an amount equal to the lesser of (a) one month's interest on the Principal Transfer Amount of the Undercollateralized Group at the Pass-Through Rate applicable to the Undercollateralized Group and (b) Available Funds of the Overcollateralized Group remaining after making distributions to the Certificates of the Overcollateralized Group on such Distribution Date pursuant to Section 4.02; and (ii) to the Senior Certificates of the Undercollateralized Group, to the extent of the principal portion of Available Funds of the Overcollateralized Group remaining after making distributions to the Senior Certificates of the Overcollateralized Group on such Distribution Date pursuant to Section 4.02, until the Class Certificate Balance of the Senior Certificates of such Undercollateralized Group equals the aggregate Stated Principal Balance of the Mortgage Loans in the related Loan Group. The principal portion of the transfer payment received by the Undercollateralized Group is referred to as a "Transfer Payment Received." The principal portion of the transfer payment made by the Overcollateralized Group is referred to as a "Transfer Payment Made."
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Cross-Collateralization; Adjustments to Available Funds. If on any Distribution Date the Class Certificate Balance of the Senior Certificates in a Loan Senior Certificate Group is greater than the aggregate Stated Principal Balance of the Mortgage Loans in such the related Loan Group (the "Undercollateralized Group"), then the Trustee shall reduce apply the Available Funds of the other Loan Group to the extent that it is not undercollateralized (the "Overcollateralized Group"), as follows:
(i1) to add to the Available Funds of the Undercollateralized Group an amount equal to the lesser of (a) one month's interest on the Principal Transfer Amount Payment Received of the Undercollateralized Group at the Pass-Through Weighted Average Adjusted Net Mortgage Rate applicable to the Undercollateralized Group and (b) Available Funds of the Overcollateralized Group remaining after making distributions to the Certificates of the Overcollateralized Group on such Distribution Date pursuant to Section 4.02; and
(ii2) to the Senior Certificates of the Undercollateralized Group, to the extent of the principal portion of Available Funds of the Overcollateralized Group remaining after making distributions to the Senior Certificates of the Overcollateralized Group on such Distribution Date pursuant to Section 4.02, until the Class Certificate Balance of the Senior Certificates of such Undercollateralized Group equals the aggregate Stated Principal Balance of the Mortgage Loans in the related Loan Group. The principal portion of the transfer payment received by the Undercollateralized Group is referred to as a "Transfer Payment Received." The principal portion of the transfer payment made by the Overcollateralized Group is referred to as a "Transfer Payment Made."
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Cross-Collateralization; Adjustments to Available Funds. If on any Distribution Date the Class Certificate Balance of the Senior Certificates in a Loan Group is greater than the aggregate Stated Principal Balance of the Mortgage Loans in the such Loan Group (the "Undercollateralized Group"), then the Trustee shall reduce the Available Funds of the other Loan Group to the extent that it is not undercollateralized (the "Overcollateralized Group"), as follows:
(i) to add to the Available Funds of the Undercollateralized Group an amount equal to the lesser of (a) one month's interest on the Principal Transfer Amount of the Undercollateralized Group at the Pass-Through Rate applicable to the Undercollateralized Group and (b) Available Funds of the Overcollateralized Group remaining after making distributions to the Certificates of the Overcollateralized Group on such Distribution Date pursuant to Section 4.02; and
(ii) to the Senior Certificates of the Undercollateralized Group, to the extent of the principal portion of Available Funds of the Overcollateralized Group remaining after making distributions to the Senior Certificates of the Overcollateralized Group on such Distribution Date pursuant to Section 4.02, until the Class Certificate Balance of the Senior Certificates of such 77 Undercollateralized Group equals the aggregate Stated Principal Balance of the Mortgage Loans in the related Loan Group. The principal portion of the transfer payment received by the Undercollateralized Group is referred to as a "Transfer Payment Received." The principal portion of the transfer payment made by the Overcollateralized Group is referred to as a "Transfer Payment Made."
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Samples: Pooling and Servicing Agreement (Residential Asset Securitization Trust 2006-A7cb)
Cross-Collateralization; Adjustments to Available Funds. If on any Distribution Date the Class Certificate Balance of the any Senior Certificates in a Loan Senior Certificate Group immediately prior to each Distribution Date is greater than the aggregate Stated Principal Balance of the Mortgage Loans in such the related Loan Group Group(s) (the "Undercollateralized Group"), then the Trustee shall reduce apply the Available Funds of the other Loan Group to the extent Group(s) that it is are not undercollateralized (the "Overcollateralized Group"), as follows:
(i1) to add to the Available Funds of the each Undercollateralized Group an amount equal to the lesser of (a) one month's interest on the Principal Transfer Amount Payment Received of the each Undercollateralized Group at the Pass-Through Weighted Average Adjusted Net Mortgage Rate applicable to the Undercollateralized Group Group(s) and (b) Available Funds of the Overcollateralized Group Group(s) remaining after making distributions to the Certificates of the such Overcollateralized Group Group(s) on such Distribution Date pursuant to Section 4.02; and
(ii2) to the related Senior Certificates of the each Undercollateralized Group, to the extent of the principal portion of Available Funds of the Overcollateralized Group Group(s) remaining after making distributions to the Senior Certificates of the such Overcollateralized Group Group(s) on such Distribution Date pursuant to Section 4.02, until the Class Certificate Balance of the Senior Certificates of each such Undercollateralized Group equals the aggregate Stated Principal Balance of the Mortgage Loans in the related Loan Group. The principal portion of the transfer payment received by the Undercollateralized Group is referred to as a "Transfer Payment Received." ". The principal portion of the transfer payment made by the Overcollateralized Group is referred to as a "Transfer Payment Made"."
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Samples: Pooling and Servicing Agreement (BellaVista Funding CORP)
Cross-Collateralization; Adjustments to Available Funds. If on any Distribution Date the Class Certificate Balance of the Senior Certificates in a Loan Senior Certificate Group (other than the related Class PO Component) is greater than the Non-PO percentage of the aggregate Stated Principal Balance of the Mortgage Loans in the such Loan Group (the "Undercollateralized Group"), then the Trustee shall reduce the Available Funds of the other Loan Group to the extent that it is not undercollateralized (the "Overcollateralized Group"), as follows:
(i) to add to the Available Funds of the Undercollateralized Group an amount equal to the lesser of (a) one month's interest on the Principal Transfer Amount of the Undercollateralized Group at the Pass-Through Rate applicable Required Coupon related to the that Undercollateralized Group and (b) Available Funds of the Overcollateralized Group remaining after making distributions to the Certificates of the Overcollateralized Group on such Distribution Date pursuant to Section 4.02; and
(ii) to the Senior Certificates of the Undercollateralized GroupGroup (other than the related Class PO Component), to the extent of the principal portion of Available Funds of the Overcollateralized Group remaining after making distributions to the Senior Certificates of the Overcollateralized Group on such Distribution Date pursuant to Section 4.02, until the Class Certificate Balance of the Senior Certificates (other than the related Class PO Component) of such Undercollateralized Group equals the Non-PO Percentage of the aggregate Stated Principal Balance of the Mortgage Loans in the related Loan Group. The principal portion of the transfer payment received by the Undercollateralized Group is referred to as a "Transfer Payment Received." The principal portion of the transfer payment made by the Overcollateralized Group is referred to as a "Transfer Payment Made."
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Samples: Pooling and Servicing Agreement (Residential Asset Securitization Trust 2007-A2)
Cross-Collateralization; Adjustments to Available Funds. If on any Distribution Date the Class Certificate Balance of the Senior Certificates in a Loan Group is greater than the aggregate Stated Principal Balance of the Mortgage Loans in the such Loan Group (the "Undercollateralized Group"), then the Trustee shall reduce the Available Funds of the other Loan Group to the extent that it is not undercollateralized (the "Overcollateralized Group"), as follows:
(i) to add to the Available Funds of the Undercollateralized Group an amount equal to the lesser of (a) one month's interest on the Principal Transfer Amount of the Undercollateralized Group at the Pass-Through Rate applicable to the Undercollateralized Group and (b) Available Funds of the Overcollateralized Group remaining after making distributions to the Certificates of the Overcollateralized Group on such Distribution Date pursuant to Section 4.02; and
(ii) to the Senior Certificates of the Undercollateralized Group, to the extent of the principal portion of Available Funds of the Overcollateralized Group remaining after making distributions to the Senior Certificates of the Overcollateralized Group on such Distribution Date pursuant to Section 4.02, until the Class Certificate Balance of the Senior Certificates of such Undercollateralized Group equals the aggregate Stated Principal Balance of the Mortgage Loans in the related Loan Group. The principal portion of the transfer payment received by the Undercollateralized Group is referred to as a "Transfer Payment Received." The principal portion of the transfer payment made by the Overcollateralized Group is referred to as a "Transfer Payment Made."
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Samples: Pooling and Servicing Agreement (IndyMac RAST 2005-A13)
Cross-Collateralization; Adjustments to Available Funds. (a) [Reserved].
(b) If on any Distribution Date the aggregate Class Certificate Balance of the Senior Certificates in a Loan Senior Certificate Group after giving effect to distributions to be made on that Distribution Date is greater than the aggregate Stated Principal Non-PO Pool Balance of the related Mortgage Loans in such Loan Group (the "“Undercollateralized Group"”), then the Trustee shall reduce the Available Funds of the other Loan Group Group(s) to the extent that it is not undercollateralized (the "“Overcollateralized Group"”), as follows:
(i) to add to the Available Funds of the Undercollateralized Group an amount equal to the lesser of (a) one month's ’s interest on the Principal Transfer Amount Payment Received of the Undercollateralized Group at the weighted average Pass-Through Rate applicable of the Senior Certificates related to the Undercollateralized Group and (b) Available Funds of the Overcollateralized Group remaining after making distributions to the Certificates of the Overcollateralized Group on such Distribution Date pursuant to Section 4.02; and
(ii) to the Senior Certificates of the Undercollateralized Group, to the extent of the principal portion of Available Funds of the Overcollateralized Group remaining after making distributions to the Senior Certificates of the Overcollateralized Group on such Distribution Date pursuant to Section 4.02, until the Class Certificate Balance of the Senior Certificates of such Undercollateralized Group equals the aggregate Stated Principal Non-PO Pool Balance of the Mortgage Loans in the related Loan Group. The principal portion of the transfer payment received by the Undercollateralized Group is referred to as a "“Transfer Payment Received." ” The principal portion of the transfer payment made by the Overcollateralized Group is referred to as a "“Transfer Payment Made."”
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Samples: Pooling and Servicing Agreement (IndyMac IMSC Mortgage Loan Trust 2007-F2)
Cross-Collateralization; Adjustments to Available Funds. If on any Distribution Date the Class Certificate Balance of the Senior Certificates in a Loan Senior Certificate Group (other than the related Class PO Component) is greater than the Non-PO percentage of the aggregate Stated Principal Balance of the Mortgage Loans in the such Loan Group (the "“Undercollateralized Group"”), then the Trustee shall reduce the Available Funds of the other Loan Group to the extent that it is not undercollateralized (the "“Overcollateralized Group"”), as follows:
(i) to add to the Available Funds of the Undercollateralized Group an amount equal to the lesser of (a) one month's interest on the Principal Transfer Amount of the Undercollateralized Group at the Pass-Through Rate applicable Required Coupon related to the that Undercollateralized Group and (b) Available Funds of the Overcollateralized Group remaining after making distributions to the Certificates of the Overcollateralized Group on such Distribution Date pursuant to Section 4.02; and
(ii) to the Senior Certificates of the Undercollateralized GroupGroup (other than the related Class PO Component), to the extent of the principal portion of Available Funds of the Overcollateralized Group remaining after making distributions to the Senior Certificates of the Overcollateralized Group on such Distribution Date pursuant to Section 4.02, until the Class Certificate Balance of the Senior Certificates (other than the related Class PO Component) of such Undercollateralized Group equals the Non-PO Percentage of the aggregate Stated Principal Balance of the Mortgage Loans in the related Loan Group. The principal portion of the transfer payment received by the Undercollateralized Group is referred to as a "“Transfer Payment Received." ” The principal portion of the transfer payment made by the Overcollateralized Group is referred to as a "“Transfer Payment Made."”
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Samples: Pooling and Servicing Agreement (Residential Asset Securitization Trust 2007-A5)