Required Overcollateralization Amount. 1.00% of the Overcollateralization Target Amount.
Required Overcollateralization Amount. 37- Reserve Fund........................................................................-38- Reserve Interest Rate...............................................................-38- Residential Dwelling................................................................-38- Residual Certificate................................................................-38- Residual Interest...................................................................-38- Responsible Officer.................................................................-38- S&P ...........................................................................-38- Servicing Agreement................................................................-38- Scheduled Principal Balance.........................................................-38- Seller ...........................................................................-39- Senior Interest Distribution Amount.................................................-39- Servicer ...........................................................................-39- Servicer Remittance Date............................................................-39- Servicing Advances..................................................................-40- Servicing Agreement.................................................................-40- Servicing Fee.......................................................................-40- Servicing Fee Rate..................................................................-40- Servicing Officer...................................................................-40-
Required Overcollateralization Amount. 1% of the Required Overcollateralization Amount.
Required Overcollateralization Amount. 47- Reserve Fund ............................................... -47- Reserve Interest Rate ...................................... -47
Required Overcollateralization Amount. 0.50% of the Group II Overcollateralization Target Amount.
Required Overcollateralization Amount. 41- Reserve Fund............................................. -41- Reserve Interest Rate.................................... -41- Residential Dwelling..................................... -42- Residual Certificate..................................... -42- Residual Interest........................................ -42- Responsible Officer...................................... -42- S&P...................................................... -42- Scheduled Principal Balance.............................. -42- Securities Administrator................................. -43- Seller................................................... -43-
Required Overcollateralization Amount. Notwithstanding the foregoing, (I) on any Distribution Date prior to the Stepdown Date on which the Certificate Principal Balance of each Class of Class A Certificates and Class M Certificates has been reduced to zero, the Class B-1 Principal Distribution Amount will equal the lesser of (x) the outstanding Certificate Principal Balance of the Class B-1 Certificates and (y) 100% of the Principal Distribution Amount remaining after any distributions on such Class A and Class M Certificates and (II) in no event will the Class B-1 Principal Distribution Amount with respect to any Distribution Date exceed the Class B-1 Certificate Principal Balance.
Required Overcollateralization Amount. 0.50% of the required Overcollateralization Amount. REMIC 1 Sub WAC Allocation Percentage: 50% of any amount payable or loss attributable from the Mortgage Loans, which shall be allocated to REMIC 1 Regular Interest I-SUB, REMIC 1 Regular Interest I-GRP, REMIC 1 Regular Interest II-SUB, REMIC 1 Regular Interest II-GRP and REMIC 1 Regular Interest XX.
Required Overcollateralization Amount for Previous Payment Date (Payment Date n -1) — Overcollateralization Amount for Previous Payment Date (Payment Date n -2) — Required Overcollateralization Amount for Previous Payment Date (Payment Date n -2) — Recovery Ratio for such Determination Date (periodn) #DIV/0! Recovery Ratio for Previous Determination Date (periodn -1) — % Recovery Ratio for Determination Date Prior to Previous Determination Date (periodn - 2) — % The undersigned, an officer of Diamond Resorts Financial Services, Inc. (the “Servicer”), based on the information available on the date of this Certificate, does hereby certify as follows:
Required Overcollateralization Amount. 37- REMIC III...........................................................-37
