Current Realized Loss Ratio definition

Current Realized Loss Ratio. With respect to any Distribution Date, the annualized percentage derived from the fraction, the numerator of which is the sum of the aggregate Realized Losses for the three preceding Prepayment Periods and the denominator of which is the arithmetic average of the Pool Scheduled Principal Balances for such Distribution Date and the preceding two Distribution Dates.

Current Realized Loss Ratio means, as to any Remittance Date, a fraction, expressed as a percentage, the numerator of which is the aggregate Realized Losses for such Remittance Date and each of the two immediately preceding Remittance Dates, multiplied by four, and the denominator of which is the arithmetic average of the Pool Scheduled Principal Balance as of the third preceding Remittance Date and the Pool Scheduled Principal Balance as of such Remittance Date.

Current Realized Loss Ratio. As to any Payment Date, a fraction, expressed as a percentage, the numerator of which is the aggregate Realized Losses for such Payment Date and each of the two immediately preceding Payment Dates, multiplied by four, and the denominator of which is the arithmetic average of the Pool Principal Balance as of the third preceding Payment Date and the Pool Principal Balance as of such Payment Date.

Examples of Current Realized Loss Ratio in a sentence

• Sub-Pool HE Current Realized Losses Test (a) Current Realized Losses for current Payment Date .00 (b) Current Realized Loss Ratio (total Realized Losses for most recent three months, multiplied by 4, divided by arithmetic average of Pool Scheduled Principal Balances for third preceding Remittance and for current Remittance Date; may not exceed 2%) .00% 48.

• PRINCIPAL DISTRIBUTION TEST: The Sixty-Day Delinquency Ratio is less than or equal to [6.0]%, the Current Realized Loss Ratio is less than or equal to [3.5]%; and the Cumulative Realized Losses are less than or equal to the percentage of the Cut-off Date Pool Scheduled Principal Balance set forth below: [7]% December 2003 through November 2004, [8]% December 2004 through November 2005, [9]% December 2005 through November 2006, [10]% December 2006 through May 2008, and [11]% thereafter.

• Sub-Pool HI Current Realized Losses Test (a) Current Realized Losses for current Payment Date 26,212.11 (b) Current Realized Loss Ratio (total Realized Losses for most recent three months, multiplied By 4, divided by arithmetic average of Pool Scheduled Principal Balances for third preceding Remittance and for current Remittance Date; may not exceed 2.5%) .18% 46.

• Current Realized Losses Test (a) Current Realized Losses for current Remittance Date ---------- (b) Current Realized Loss Ratio (total Realized Losses for most recent three months, multiplied by 4, divided by arithmetic average of Pool Scheduled Principal Balances for third preceding Remittance Date and for current Remittance Date; may not exceed 3.50%) ---------- 30.

• Sub-Pool HE Current Realized Losses Test (a) Current Realized Losses for current Payment Date $ 0.00 --------------- (b) Current Realized Loss Ratio (total Realized Losses for most recent three months, multiplied by 4, divided by arithmetic average of Pool Scheduled Principal Balances for third preceding Remittance and for current Remittance Date; may not exceed 2.0%) 0.11% --------------- 34.

More Definitions of Current Realized Loss Ratio

Current Realized Loss Ratio. As to any Remittance Date, the annualized percentage derived from the fraction, the numerator of which is the sum of the Aggregate Net Liquidation Losses for the three preceding Due Periods and the denominator of which is the arithmetic average of the Pool Scheduled Principal Balances for such Remittance Date and the preceding two Remittance Dates.

Current Realized Loss Ratio means, for any Payment Date, a fraction, expressed as a percentage, the numerator of which is the aggregate Realized Losses for such Payment Date and each of the five immediately preceding Payment Dates, multiplied by two, and the denominator of which is the arithmetic average of the Pool Scheduled Principal Balance as of the sixth preceding Payment Date and the Pool Scheduled Principal Balance for such Payment Date.

Current Realized Loss Ratio. As to any Distribution Date, the annualized percentage equivalent of the fraction, the numerator of which is the sum of the Aggregate Net Liquidation Losses for the three preceding Collection Periods and the denominator of which is the arithmetic average of the Pool Scheduled Principal Balances for such Distribution Date and the preceding two Distribution Dates.

Current Realized Loss Ratio. As to any Distribution Date, the annualized --------------------------- percentage equivalent of the fraction, the numerator of which is the sum of the Aggregate Net Liquidation Losses for the three preceding Collection Periods related to such Distribution Date and the denominator of which is the arithmetic average of the Pool Scheduled Principal Balances for such Distribution Date and the preceding two Distribution Dates.

Current Realized Loss Ratio. With respect to the first Distribution Date, the annualized percentage equivalent of the fraction, the numerator of which is the Current Realized Losses for the preceding Due Period and the denominator of which is the Aggregate Contract Balance for such Distribution Date. With respect to the second Distribution Date, the annualized percentage equivalent of the fraction, the numerator of which is the Current Realized Losses for the two preceding Due Periods and the denominator of which is the arithmetic average of the Aggregate Contract Balances for such Distribution Date and the immediately preceding Distribution Date. With respect to any Distribution Date thereafter, the annualized percentage equivalent of the fraction, the numerator of which is the sum of the Current Realized Losses for the three preceding Due Periods and the denominator of which is the arithmetic average of the Pool Scheduled Principal Balances for such Distribution Date and the preceding two Distribution Dates.

Current Realized Loss Ratio means, with respect to any Distribution Date, a fraction, expressed as a percentage, the numerator of which is aggregate of Realized Losses as of such Distribution Date and each of the two immediately preceding Distribution Dates, multiplied by four, and the denominator of which is the arithmetic average of the Pool Balance as of the third preceding Distribution Date and the Pool Balance as of such Distribution Date.

Current Realized Loss Ratio. As to any Settlement Date, the annualized percentage equivalent of the fraction, the numerator of which is the average of the Aggregate Net Liquidation Losses for the three preceding Collection Periods and the denominator of which is the arithmetic average of the aggregate of the Scheduled Principal Balances for such Settlement Date and the preceding two Settlement Dates.