Common use of Voluntary Overcollateralization Clause in Contracts

Voluntary Overcollateralization. From time to time, the Partnership may hold Loans and Related Security, Substitute Assets and cash with a value in excess of the value required to satisfy the coverage tests prescribed by this Agreement, the other Transaction Documents and the CMHC Guide, including the Asset Coverage Test and/or the Amortization Test, as applicable. Such excess collateral, excluding, for certainty, any Contingent Collateral, is the “Voluntary Overcollateralization”. Provided that the Partnership is in compliance with this Agreement, the other Transaction Documents, the Asset Coverage Test and/or the Amortization Test, as applicable, and the CMHC Guide, the Partnership may from time to time:

Voluntary Overcollateralization. From time to time, the Partnership may hold Loans and Related Security, Substitute Assets and cash with a value in excess of the value required to satisfy the coverage tests prescribed by this Agreement, the other Transaction Documents and the CMHC Guide, including the Asset Coverage Test and/or and the Amortization Test, as applicable. Such excess collateral, excluding, for certainty, any Contingent Collateral, is the “Voluntary Overcollateralization”. Provided that the Partnership is in compliance with this Agreement, the other Transaction Documents, the Asset Coverage Test and/or the Amortization Test, as applicable, and the CMHC Guide, the Partnership may from time to time:

Voluntary Overcollateralization. From time to time, the Partnership may hold Loans and Related Security, Substitute Assets and cash with a value in excess of the value required to satisfy the coverage tests prescribed by this Agreement, the other Transaction Documents and the CMHC Guide, including the Asset Coverage Test and/or the Amortization Test, as applicable. Such excess collateral, excluding, for certainty, any Contingent Collateral, is the “Voluntary Overcollateralization”. Provided that the Partnership is in compliance with this Agreement, the other Transaction Documents, the Asset Coverage Test and/or the Amortization Test, as applicable, and the CMHC Guide, the Partnership may from time to time:: MT DOCS 14908732v9

Voluntary Overcollateralization. ‌ From time to time, the Partnership may hold Loans and Related Security, Substitute Assets and cash with a value in excess of the value required to satisfy the coverage tests prescribed by this Agreement, the other Transaction Documents and the CMHC Guide, including the Asset Coverage Test and/or the Amortization Test, as applicable. Such excess collateral, excluding, for certainty, any Contingent Collateral, is the “Voluntary Overcollateralization”. Provided that the Partnership is in compliance with this Agreement, the other Transaction Documents, the Asset Coverage Test and/or the Amortization Test, as applicable, and the CMHC Guide, the Partnership may from time to time: