Total Calculated Cumulative Losses. As to any Determination Date, the sum of the aggregate amount of losses that have been experienced as of such Determination Date as a percentage of the Assumed Principal Balance as of the Cut Off Date.
Appears in 5 contracts
Samples: Sale and Servicing Agreement (Saxon Asset Securities Trust 2004-3), Sale and Servicing Agreement (Saxon Asset Securities Trust 2005-1), Sale and Servicing Agreement (Saxon Asset Securities Trust 2005-2)
Total Calculated Cumulative Losses. As to any Determination Date, the sum of the aggregate amount of losses that have been experienced as of such Determination Date as a percentage of the Assumed Principal Balance as of the Cut Off Date.]
Appears in 1 contract
Samples: Sale and Servicing Agreement (Saxon Asset Securities Co)
Total Calculated Cumulative Losses. As to any Loan Group and as of any Determination Date, the sum of the aggregate amount of losses that have been experienced as of such Determination Date as a percentage of the related Assumed Principal Balance as of the Cut Off Date.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Saxon Asset Securities Trust 2004-2)
Total Calculated Cumulative Losses. As to of any Determination Date, the sum of the aggregate amount of losses that have been experienced as of such Determination Date as a percentage of the Assumed Principal Balance as of the Cut Off Date.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Saxon Asset Securities Co)
