Group II Subordinated Amount definition

Group II Subordinated Amount. For any Distribution Date, the excess, if any, of the Group II Pool Balance plus any related Pre-Funded Amount over the aggregate Certificate Principal Balance of the Group II Certificates, for such Distribution Date.
Group II Subordinated Amount. As of any Distribution Date, the difference, if any, between (a) the Group II Pool Principal Balance as of the close of business on the last day of the related Due Period and (b) the aggregate Certificate Principal Balance of the Group II Class A Certificates as of such Distribution Date (after taking into account the payment of the Group II Principal Remittance Amount related to such Distribution Date); PROVIDED, HOWEVER, that such amount shall not be less than zero.
Group II Subordinated Amount. As of any Payment Date, the excess, if any, of (x) the Group II Aggregate Loan Balances of the Mortgage Loans as of the close of business on the last day of the related Remittance Period over (y) the Group II Certificate Principal Balance as of such Payment Date (after taking into account the payment of principal made pursuant to clause (a) through (e) of the definition of the Group II Principal Distribution Amount to the Holders of the Group II Certificates on such Payment Date, except for any portion thereof related to an Insured Payment).

More Definitions of Group II Subordinated Amount

Group II Subordinated Amount. As of any Payment Date, the difference, if any, between (x) the sum of (i) the aggregate Loan Balances of the Mortgage Loans in Group II as of the close of business on the last day of the related Remittance Period and (ii) any amount on deposit in the Pre-Funding Account at such time exclusive of any Pre-Funding Account Earnings related to Group II and (y) the Class A-2 Certificate Principal Balance as of such Payment Date (after taking into account the payment of the Class A-2 Distribution Amount (except for any portion thereof related to an Insured Payment) on such Payment Date).
Group II Subordinated Amount. As of any Payment Date, the excess, if any, of (x) the sum of (i) the aggregate Loan Balances of the Home Equity Loans in Group II as of the close of business on the last day of the immediately proceeding Remittance Period and (ii) any amount on deposit in the Pre-Funding Account relating to Group II at such time exclusive of any Group II Pre-Funding Account Earnings over (y) the Certificate Principal Balance of the Class A-8 Certificates for such Payment Date (after taking into account the payment of the Group II Principal Distribution Amount thereon (except for any Subordination Reduction Amount relating to Group II or Subordination Increase Amount relating to Group II) on such Payment Date).
Group II Subordinated Amount. With respect to any Payment Date, the excess, if any, of (x) the Group II Pool Principal Balance as of the close of business on the last day of the preceding Remittance Period over (y) the Class A-6 Group II Principal Balance as of such Payment Date (after taking into account the payment on such Payment Date of the amount set forth in clause (x) of the definition of "Base Group II Principal Distribution Amount", and the Group II Subordination Deficit except for any portion thereof related to payment of Group II Insured Payments applied as payments of the Group II Principal Distribution Amount on such Payment Date or on any prior Payment Date and not previously reimbursed to the Certificate Insurer pursuant to Section 7.3 hereof).
Group II Subordinated Amount. As of any Payment Date, the difference, if any, between (x) the sum of (i) the aggregate Loan Balances of the Mortgage Loans in Group II as of the close of business on the last day of the related Remittance Period, after taking into account payments of scheduled principal on the Mortgage Loans in Group II due on the Due Date which immediately follows the last day of such Remittance Period, and (ii) any amount on deposit in the Pre-Funding Account relating to Group II less any Pre-Funding Account Earnings related to Group II on the last day of the related Remittance Period and (y) the Class A-2 Certificate Principal Balance as of such Payment Date (after taking into account the payment of the Class Group II Principal Distribution Amount (except any payment to be made as to principal on such Payment Date from the proceeds of the Group II Certificate Insurance Policy) on such Payment Date).
Group II Subordinated Amount. As of any Distribution Date, the excess, if any, of (x) the aggregate Loan Balances of the Home Equity Loans in Group II as of the close of business on the last day of the immediately preceding Remittance Period over (y) the aggregate Certificate Principal Balances of the Group II Certificates for such Distribution Date (after taking into account the payment of the Group II Principal Distribution Amount thereon (except for any Subordination Reduction Amount relating to Group II or Subordination Increase Amount relating to the Group II) on such Distribution Date).
Group II Subordinated Amount. As of any Distribution Date, the excess of (x) the sum of (i) the aggregate Scheduled Principal Balances (minus the principal portion of all Monthly Payments due but not paid by the Borrowers as of the last day of the related Prepayment Period) of the Mortgage Loans in Group II as of the close of business on the last day of the related Due Period and (ii) the Group II Pre- Funded Amount less any Pre-Funding Account Earnings with respect thereto over (y) the Group II Certificate Principal Balance as of such Distribution Date (after taking into account the payment of the Group II Principal Distribution Amount (except for any portion thereof related to an Insured Payment) on such Distribution Date).
Group II Subordinated Amount. As of any Distribution Date, the difference, if any, between (a) the Group II Pool Principal Balance as of the close of business on the last