Common use of Series Early Amortization Events Clause in Contracts

Series Early Amortization Events. a. The Free Equity Amount is less than the Minimum Free Equity Amount Free Equity: i. Free Equity Amount ii. Minimum Free Equity Amount iii. Excess Free Equity Amount b. The Note Trust Principal Balance is less than the Required Principal Balance Note Trust Principal Balance: i. Note Trust Principal Balance ii. Required Principal Balance iii. Excess Principal Balance c. The three-month Average Portfolio Yield is less than three-month average Base Rate Portfolio Yield: i. Three month Average Portfolio Yield ii. Three month Average Base Rate iii. Three Month Average Excess Spread d. The Note Principal Balance is outstanding beyond the Expected Principal Payment Date i. Expected Principal Payment Date ii. Current Payment Date e. Are there any material modifications, extensions or waivers to pool asset terms, fees penalties or payments? f. Are there any material breaches or pool of assets representations and warranties or covenants? g. Are there any material changes in criteria used to originate, acquire, or select new pool assets? h. Has an early amortization event occurred?

Series Early Amortization Events. a. The Free Equity Amount is less than the Minimum Free Equity Amount Free Equity: i. Free Equity Amount ii. Minimum Free Equity Amount iii. Excess Free Equity Amount b. The Note Trust Principal Balance is less than the Required Principal Balance Note Trust Principal Balance: i. Note Trust Principal Balance ii. Required Principal Balance iii. Excess Principal Balance c. The three-month Average Portfolio Yield is less than three-month average Base Rate Portfolio Yield: i. Three month Average Portfolio Yield ii. Three month Average Base Rate iii. Three Month Average Excess Spread d. The Note Principal Balance is outstanding beyond the Expected Principal Payment Date i. Expected Principal Payment Date ii. Current Payment Date e. Are there any material modifications, extensions or waivers to pool asset terms, fees fees, penalties or payments? f. Are there any material breaches or pool of assets representations and warranties or covenants? g. Are there any material changes in criteria used to originate, acquire, or select new pool assets? h. Has an early amortization event occurred?

Series Early Amortization Events. a. The Free Equity Amount is less than the Minimum Free Equity Amount Free Equity: i. Free Equity Amount ii. Minimum Free Equity Amount iii. Excess Free Equity Amount b. The Note Trust Principal Balance is less than the Required Principal Balance Note Trust Principal Balance: i. Note Trust Principal Balance ii. Required Principal Balance iii. Excess Principal Balance c. The three-month Average Portfolio Yield is less than three-month average Base Rate Portfolio Yield: i. Three month Average Portfolio Yield ii. Three month Average Base Rate iii. Three Month Average Excess Spread d. The Note Principal Balance is outstanding beyond the Expected Principal Payment Date i. Expected Principal Payment Date Date ii. Current Payment Date e. Are there any material modifications, extensions or waivers to pool asset terms, fees fees, penalties or payments? f. Are there any material breaches or pool of assets representations and warranties or covenants? g. Are there any material changes in criteria used to originate, acquire, or select new pool assets? h. Has an early amortization event occurred?

Series Early Amortization Events. a. The Free Equity Amount is less than the Minimum Free Equity Amount Free Equity: i. Free Equity Amount ii. Minimum Free Equity Amount iii. Excess Free Equity Amount b. The Note Trust Principal Balance is less than the Required Principal Balance Note Trust Principal Balance: i. Note Trust Principal Balance ii. Required Principal Balance iii. Excess Principal Balance c. The three-month Average Portfolio Yield is less than three-month average Base Rate Portfolio Yield: i. Three month Average Portfolio Yield ii. Three month Average Base Rate iii. Three Month Average Excess Spread d. The Note Principal Balance is outstanding beyond the Expected Principal Payment Date i. Expected Principal Payment Date Date ii. Current Payment Date e. Are there any material modifications, extensions or waivers to pool asset terms, fees penalties or payments? f. Are there any material breaches or pool of assets representations and warranties or covenants? g. Are there any material changes in criteria used to originate, acquire, or select new pool assets? h. Has an early amortization event occurred?

Series Early Amortization Events. a. The Free Equity Amount is less than the Minimum Free Equity Amount Free Equity: i. Free Equity Amount ii. Minimum Free Equity Amount iii. Excess Free Equity Amount b. The Note Trust Principal Balance is less than the Required Principal Balance Note Trust Principal Balance: i. Note Trust Principal Balance ii. Required Principal Balance iii. Excess Principal Balance c. The three-month Average Portfolio Yield is less than three-month average Base Rate Portfolio Yield: i. Three month Average Portfolio Yield ii. Three month Average Base Rate iii. Three Month Average Excess Spread d. The Note Principal Balance is outstanding beyond the Expected Principal Payment Date Date i. Expected Principal Payment Date ii. Current Payment Date e. Are there any material modifications, extensions or waivers to pool asset terms, fees penalties or payments? f. Are there any material breaches or pool of assets representations and warranties or covenants? g. Are there any material changes in criteria used to originate, acquire, or select new pool assets? h. Has an early amortization event occurred?

Series Early Amortization Events. a. The Free Equity Amount is less than the Minimum Free Equity Amount Free Equity: i. Free Equity Amount ii. Minimum Free Equity Amount iii. Excess Free Equity Amount b. The Note Trust Principal Balance is less than the Required Principal Balance Note Trust Principal Balance: i. Note Trust Principal Balance ii. Required Principal Balance Balance iii. Excess Principal Balance c. The three-month Average average Portfolio Yield is less than three-month average Base Rate Portfolio Yield: i. Three month Average Portfolio Yield ii. Three month Average Base Rate iii. Three Month Average Excess Spread d. The Note Principal Balance is outstanding beyond the Expected Principal Payment Date i. Expected Principal Payment Date ii. Current Payment Date e. Are there any material modifications, extensions or waivers to pool asset terms, fees fees, penalties or payments? f. Are there any material breaches or pool of assets representations and warranties or covenants? g. Are there any material changes in criteria used to originate, acquire, or select new pool assets? h. Has an early amortization event occurred?

Series Early Amortization Events. a. The Free Equity Amount is less than the Minimum Free Equity Amount Free Equity: i. Free Xxxx Equity Amount ii. Minimum Free Equity Amount iii. Excess Free Equity Amount b. The Note Trust Principal Balance is less than the Required Principal Balance Note Trust Principal Balance: i. Note Trust Principal Balance ii. Required Principal Balance iii. Excess Principal Balance c. The three-month Average Portfolio Yield is less than three-month average Base Rate Portfolio Yield: i. Three month Average Portfolio Yield ii. .Three month Average Base Rate iii. .Three Month Average Excess Spread d. The Note Principal Balance is outstanding beyond the Expected Principal Payment Date i. Expected Principal Payment Date ii. .Current Payment Date e. Are there any material modifications, extensions or waivers to pool asset terms, fees penalties or payments? f. Are there any material breaches or pool of assets representations and warranties or covenants? g. Are there any material changes in criteria used to originate, acquire, or select new pool assets? h. Has an early amortization event occurred?

Series Early Amortization Events. a. The Free Equity Amount is less than the Minimum Free Equity Amount Free Equity: i. Free Equity Amount ii. Minimum Free Equity Amount iii. Excess Free Equity Amount b. The Note Trust Principal Balance is less than the Required Principal Balance Note Trust Principal Balance: i. Note Trust Principal Balance ii. Required Principal Balance iii. Excess Principal Balance c. The three-month Average Portfolio Yield is less than three-month average Base Rate Portfolio Yield: i. Three month Average Portfolio Yield Yield ii. Three month Average Base Rate Rate iii. Three Month Average Excess Spread d. The Note Principal Balance is outstanding beyond the Expected Principal Payment Date i. Expected Principal Payment Date ii. Current Payment Date e. Are there any material modifications, extensions or waivers to pool asset terms, fees penalties or payments? f. Are there any material breaches or pool of assets representations and warranties or covenants? g. Are there any material changes in criteria used to originate, acquire, or select new pool assets? h. Has an early amortization event occurred?

Series Early Amortization Events. a. The Free Equity Amount is less than the Minimum Free Equity Amount Free Equity: i. Free Equity Amount ii. Minimum Free Equity Amount iii. Excess Free Equity Amount b. The Note Trust Principal Balance is less than the Required Principal Balance Note Trust Principal Balance: i. Note Trust Principal Balance ii. Required Principal Balance iii. Excess Principal Balance c. The three-month Average Portfolio Yield is less than three-month average Base Rate Portfolio Yield: i. Three month Average Portfolio Yield Yield ii. Three month Average Base Rate Rate iii. Three Month Average Excess Spread d. The Note Principal Balance is outstanding beyond the Expected Principal Payment Date i. Expected Principal Payment Date Date ii. Current Payment Date e. Are there any material modifications, extensions or waivers to pool asset terms, fees penalties or payments? f. Are there any material breaches or pool of assets representations and warranties or covenants? g. Are there any material changes in criteria used to originate, acquire, or select new pool assets? h. Has an early amortization event occurred?