Current Overcollateralization Amount. As of any Distribution Date, the positive difference, if any, between the Scheduled Principal Balance of the Assets and the Certificate Principal Balance of all then outstanding Classes of Certificates.
Current Overcollateralization Amount means, for any distribution date, the positive difference, if any, between the Pool Scheduled Principal Balance of the assets and the certificate principal balance of all the outstanding classes of certificates. The "Accelerated Principal Distribution Amount" for any distribution date shall be the positive difference, if any, between the Target Overcollateralization Amount and the Current Overcollateralization Amount.
Current Overcollateralization Amount. As of any Distribution Date, the ------------------------------------ positive difference, if any, between the Pool Scheduled Principal Balance and the Certificate Principal Balance of all then outstanding Classes of Certificates (other than the Class A-IO Certificates).
More Definitions of Current Overcollateralization Amount
Current Overcollateralization Amount. As of any Distribution Date, the positive difference, if any, between the Pool Scheduled Principal Balance of the Assets and the Certificate Principal Amount of all then outstanding Classes of Certificates (other than the Class A-IO Certificates). Custodian: A Person who is at anytime appointed by the Trustee and the Depositor as a custodian of the Mortgage Files. The initial Custodian is [Ÿ]. Cut-off Date: [Ÿ].
Current Overcollateralization Amount means, for any distribution date, the positive difference, if any, between the Pool Scheduled Principal Balance of the assets and the certificate principal balance of all the outstanding classes of certificates. The "Accelerated Principal Distribution Amount" for any distribution date shall be the positive difference, if any, between the Target Overcollateralization Amount and the Current Overcollateralization Amount. Allocation of Writedown Amounts....................The Writedown Amount for any distribution date will be the amount, if any, by which the aggregate certificate principal balance of all certificates, after all distributions have been made on the certificates on such distribution date, exceeds the Pool Scheduled Principal Balance of the assets for the next distribution date. The Writedown Amount will be allocated among the classes of Subordinated Certificates in the following order of priority:
Current Overcollateralization Amount. As of any Payment Date, the positive difference, if any, between the Pool Scheduled Principal Balance and the aggregate Note Principal Amount of all then-Outstanding Classes of Notes after giving effect to payments on the Notes on such Payment Date.
Current Overcollateralization Amount means, with respect to any Distribution Date, the excess, if any, of (i) the Pool Balance over (ii) the sum of the Certificate Principal Balances of all then-outstanding Certificates.
Current Overcollateralization Amount means, for any Distribution Date, the excess, if any, of (a) the Pool Balance as of the last day of the related Due Period over (b) the outstanding principal amount of the Notes and Certificates on such Distribution Date minus the portion of the Primary Principal Distribution Amount to be distributed to Securityholders on such Distribution Date.
Current Overcollateralization Amount means, on any date of determination, the greater of (i) a fixed dollar amount equal to the difference between (a) the aggregate principal amount of the CPACE Assets acquired bythe Issuer under the CPACE Asset Purchase Agreement and (b) the aggregate principal amount of Notes issued on each Closing Date and (ii) the Minimum Overcollateralization Amount.
Current Overcollateralization Amount means, on any date of determination, the greater of (i) a fixed dollar amount equal to the difference between (a) the aggregate principal amount of the CPACE Assets acquired by