Common use of Principal Balance Test Clause in Contracts

Principal Balance Test. Sum of Class M-1 Principal Balance and Class B Principal Balance (before distributions on current Remittance Date) divided by Pool Scheduled Principal Balance as of preceding Remittance Date is greater than 22.5% _______

Principal Balance Test. Sum of Class M-1 Principal Balance and Class B Principal Balance (before distributions on current Remittance Date) divided by Pool Scheduled Principal Balance as of preceding Remittance Date is greater than 22.523.25% _______

Principal Balance Test. Sum of Class M-1 Principal Balance and Class B Principal Balance (before distributions on current Remittance Date) divided by Pool Scheduled Principal Balance as of preceding Remittance Date is greater than 22.5% 24.375%. ___________

Principal Balance Test. Sum of Class M-1 Principal Balance and Balance, Class M-2 Principal Balance, Class B Principal Balance (before distributions on current Remittance Date) divided by Pool Scheduled Principal Balance as of preceding Remittance Date is equal to or greater than 22.5% 30.00%. ________________

Principal Balance Test. Sum of Class M-1 Principal Balance and Balance, Class M-2 Principal Balance, Class B Principal Balance (and Overcollateralization Amount before distributions on current Remittance Date) divided by Pool Scheduled Principal Balance as of preceding Remittance Date is greater than 22.5% 22.875%. _________

Principal Balance Test. Sum of Class M-1 Principal Balance and Balance, Class M-2 Principal Balance, Class B Principal Balance (and the Overcollateralization Amount before distributions on current Remittance Date) Date divided by Pool Scheduled Principal Balance as of preceding Remittance Date is (must be equal to or greater than 22.5% 31.500%). _______

Principal Balance Test. Sum of Class M-1 Principal Balance and Class B Principal Balance (before distributions on current Remittance Date) divided by Pool Scheduled Principal Balance as of preceding Remittance Date is greater than 22.525.5% _______

Principal Balance Test. Sum of Class M-1 Principal Balance and Class B Principal Balance (before distributions on current Remittance Date) divided by Pool Scheduled Principal Balance as of preceding Remittance Date is greater than 22.5% 23.25%. ________ N-5

Principal Balance Test. Sum of Class M-1 Principal Balance and Balance, Class M-2 Principal Balance, 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 is equal to or greater than 22.5% 26.25%. _______

Principal Balance Test. Sum of Class M-1 Principal Balance and (a) The Class B Principal Balance (before any distributions on current Remittance Date) as of such Remittance Date is greater than $25,000,000 _________ (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 is equal to or greater than 22.5% 12.75%. _________

Principal Balance Test. Sum of Class M-1 Principal Balance, Class M-2 Principal Balance and N-5 Class B Principal Balance (before distributions on current Before Remittance Date) divided by Pool Scheduled Principal Balance as of preceding Remittance Date is greater than 22.5% at least 24.375%. ____________

Principal Balance Test. Sum of Class M-1 Principal Balance and Balance, Class M-2 Principal Balance, 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 is equal to or greater than 22.5% 27.375%. _______

Principal Balance Test. Sum of Class M-1 Principal Balance and Balance, Class M-2 Principal Balance, Class B Principal Balance (before distributions on current Remittance Date) divided by Pool Scheduled Principal Balance as of preceding Remittance Date is equal to or greater than 22.5% 26.25%. ________

Principal Balance Test. Sum Pool Scheduled Principal Balance as of preceding Remittance Date divided by sum of Class M-1 Principal Balance and Class B Principal Balance (before distributions on current Remittance Date) divided by Pool Scheduled Principal Balance as of preceding Remittance Date is greater than 22.525.5% _______

Principal Balance Test. Sum of Class M-1 Principal Balance and Balance, Class M-2 Principal Balance, Class B Principal Balance (before distributions on current Remittance Date) divided by Pool Scheduled Principal Balance as of preceding Remittance Date is equal to or greater than 22.5% ______%. _____

Principal Balance Test. Sum of Class M-1 Principal Balance and Class B Principal Balance (before distributions on current Remittance Date) divided by Pool Scheduled Principal Balance as of preceding Remittance Date is greater than 22.5% 23.25%. _______