Excess Credit Event Amount means, with respect to any Payment Date and each Reference Pool, an amount equal to the sum of:
Credit Event Amount means, with respect to any Payment Date, the aggregate amount of the Credit Event UPBs of all Credit Event Reference Obligations for the related Reporting Period.
Credit Event UPB means, with respect to any Credit Event Reference Obligation, the unpaid principal balance thereof as of the end of the Reporting Period related to the Payment Date that it became a Credit Event Reference Obligation.
Credit Event Net Loss means, with respect to any Credit Event Reference Obligation, an amount equal to the excess, if any, of: