Cumulative Realized Losses definition

Cumulative Realized Losses. As of any date of determination, the aggregate amount of Realized Losses with respect to the Mortgage Loans.

Cumulative Realized Losses means, as to any Remittance Date, the sum of the Realized Losses for that Remittance Date and each preceding Remittance Date since the Cut-off Date.

Cumulative Realized Losses. With respect to any Distribution Date, the aggregate Realized Losses incurred on the Assets during the period from the Cut-off Date through the end of the related Prepayment Period.

Examples of Cumulative Realized Losses in a sentence

• Sub-Pool HE Cumulative Realized Losses Test (a) Cumulative Realized Losses for current Payment Date (as a percentage of Cut-Off Date Pool Principal Balance; may not exceed 9%) .00% 45.

• A Subservicer Termination Event shall have occurred if either (a) the Delinquency Rate for any month exceeds 20.00% or (b) Cumulative Realized Losses incurred from the Cut-off Date through the last day of the related Collection Period, expressed as a percentage of the Cut-off Date Balance as of any date exceeds 7.75%.

• As to any Distribution Date on or after the Stepdown Date, the fraction (expressed as a percentage) obtained by dividing (i) the Cumulative Realized Losses for the related Collection Period, by (ii) the Cut-Off Date Pool Balance.

• In the event that the Servicer is in default under the terms of the Pooling and Servicing Agreement, or if the Servicer Termination Delinquency Test or Servicer Termination Cumulative Realized Losses Test are not satisfied, the servicing of the mortgages will be transferred to the Back-up Servicer.

• Cumulative Realized Losses since 31-August-95 (Cut-off Date) $2,748,078.53 $2,748,078.53 Are Cum.

More Definitions of Cumulative Realized Losses

Cumulative Realized Losses. With respect to the Home Equity Loans and any Collection Period, an amount equal to the excess, if any, of (a) the sum of the aggregate Realized Losses on the Home Equity Loans from the Cut-Off Date through the last day of such Collection Period over (b) the sum of any Recovered Charge Off Amounts on the Home Equity Loans from the Cut-Off Date through the last day of such Collection Period.

Cumulative Realized Losses means, for any Payment Date, the sum of the Realized Losses for the Loans for that Payment Date and each preceding Payment Date since the Cut-off Date.

Cumulative Realized Losses means, for any Payment Date, the sum of the Realized Losses for that Payment Date and each preceding Payment Date since the Cut-off Date.

Cumulative Realized Losses. The aggregate Realized Losses incurred in respect of Liquidated Mortgage Loans since the Cut-off Date.

Cumulative Realized Losses. As of any date of determination, the aggregate amount of Realized Losses since the Closing Date.

Cumulative Realized Losses means, with respect to any Collection Period, the percentage equivalent of a fraction equal to all Realized Losses during the period since the Cut-off Date through the end of such Collection Period divided by the Initial Pool Balance.

Cumulative Realized Losses. As to any Distribution Date, the Aggregate Net -------------------------- Liquidation Losses for the period from the Cut-Off Date through the end of the Collection Period preceding the month of such Distribution Date.