Aggregate Overcollateralization Release Amount. With respect to any Distribution Date, the lesser of (x) the aggregate of the Principal Remittance Amounts for each Mortgage Pool for such Distribution Date and (y) the amount, if any, by which (i) the Overcollateralization Amount for such date, calculated for this purpose on the basis of the assumption that 100% of the aggregate of the Principal Remittance Amounts for such Distribution Date is applied on such date in reduction of the aggregate Certificate Principal Amount of the Certificates, exceeds (ii) the Targeted Overcollateralization Amount for such Distribution Date.
Aggregate Overcollateralization Release Amount. With respect to any Distribution Date, the lesser of (i) the Principal Remittance Amount and (ii) the Overcollateralization Release Amount.
Aggregate Overcollateralization Release Amount. With respect to any Payment Date, the lesser of (x) the sum of the Principal Funds of each Mortgage Group for such Payment Date and (y) the amount, if any, by which (1) the Overcollateralization Amount for such Payment Date (calculated for this purpose on the basis of the assumption that 100% of the aggregate of the Principal Funds of both Mortgage Groups for such date is applied on such Payment Date in reduction of the aggregate of the Note Principal Amounts of the related Notes) exceeds (2) the Targeted Overcollateralization Amount for such Payment Date.
More Definitions of Aggregate Overcollateralization Release Amount
Aggregate Overcollateralization Release Amount. With respect to any Distribution Date, the lesser of (x) the Principal Remittance Amount for such Distribution Date and (y) the amount, if any, by which (i) the Overcollateralization Amount for such date, calculated for this purpose on the basis of the assumption that 100% of the Principal Remittance Amount for such Distribution Date is applied on such date in reduction of the aggregate of the Certificate Principal Amounts of the Certificates, exceeds (ii) the Targeted Overcollateralization Amount for such Distribution Date. Agreement: This Pooling and Servicing Agreement and all amendments and supplements hereto.
Aggregate Overcollateralization Release Amount. With respect to any Payment Date, the lesser of (x) the sum of the Principal Remittance Amount of each Mortgage Pool for such Payment Date and (y) the amount, if any, by which (1) the Overcollateralization Amount for such Payment Date (calculated for this purpose on the basis of the assumption that 100% of the aggregate of the Principal Remittance Amount of both Mortgage Pools for such Payment Date is applied on such date in reduction of the aggregate of the Note Principal Amounts of the related Notes) exceeds (2) the Targeted Overcollateralization Amount for such Payment Date.
Aggregate Overcollateralization Release Amount. With respect to any Distribution Date, the sum of the amounts distributed to Certificateholders pursuant to Sections 5.02(c)(i)(F) and 5.02(c)(ii)(F).
Aggregate Overcollateralization Release Amount. With respect to any Distribution Date, the lesser of (x) the aggregate of the Principal Remittance Amount for such Distribution Date and (y) the amount, if any, by which (i) the Overcollateralization Amount for such date, calculated for this purpose on the basis of the assumption that 100% of the Principal Remittance Amount for such Distribution Date is applied on such date in reduction of the aggregate of the Certificate Principal Amounts of the Class A1, Class A2, Class A3, Class M1, Class M2, Class M3, Class M4, Class M5, Class M6, Class M7 and Class B Certificates, exceeds (ii) the Targeted Overcollateralization Amount for such Distribution Date.
Aggregate Overcollateralization Release Amount. With respect to any Distribution Date and for any Mortgage Pool, the lesser of (x) the Principal Remittance Amount for such Distribution Date and for such Mortgage Pool and (y) the amount, if any, by which (1) the Pool 1 Overcollateralization Amount or Pool 2 Overcollateralization Amount, as applicable, for such Distribution Date (calculated for this purpose on the basis of the assumption that 100% of the Principal Remittance Amount for such date and for such Mortgage Pool is applied on such Distribution Date in reduction of the aggregate Certificate Principal Amounts of the Class 1-A, Class 1-M1 and Class 1-M2 Certificates and the Component Principal Amount of the M3(1) Component (in the case of Pool 1) or the aggregate Certificate Principal Amounts of the Class 2-A1, Class 2-M1 and Class 2-M2 Certificates and the Component Principal Amounts of the M3(2) Component (in the case of Pool 2) exceeds (2) the Pool 1 Targeted Overcollateralization Amount or Pool 2 Targeted Overcollateralization Amount, as applicable, for such Distribution Date.
Aggregate Overcollateralization Release Amount. With respect to any Payment Date, the lesser of (x) the aggregate of the Principal Remittance Amounts for each Mortgage Pool for such Payment Date and (y) the amount, if any, by which (i) the Overcollateralization Amount for such date, calculated for this purpose on the basis of the assumption that 100% of the aggregate of the Principal Remittance Amounts for such Payment Date is applied on such date in reduction of the aggregate Class Principal Amount of the LIBOR Notes, exceeds (ii) the Targeted Overcollateralization Amount for such Payment Date. Agreement: This Transfer and Servicing Agreement and all amendments and supplements hereto. AMC: Aegis Mortgage Corporation, a Delaware corporation.
Aggregate Overcollateralization Release Amount. For any Distribution Date, the excess of the Overcollateralization Amount for such Distribution Date over the Target Overcollateralization Amount for any Distribution Date.