Group II Total Monthly Excess Spread. With respect to Group II and any Payment Date, the difference between (i) the interest which is collected on the Mortgage Loans in Group II during the related Remittance Period, less the Group II Servicing Fee for such Remittance Period plus the interest portion of any Delinquency Advances and Compensating Interest paid by the Servicer with respect to Group II for such Remittance Period and (ii) the sum of (x) the interest due on the Class A-2 Certificates on such Payment Date and (y) the Group II Premium Amount, and the Group II Trustee Fee, if any, for such Payment Date.
Group II Total Monthly Excess Spread. With respect to Group II and any Distribution Date, the excess of (i) the aggregate of all interest which is collected on the Home Equity Loans in Group II during the related Remittance Period (net of the Servicing Fee and the Trustee Fee with respect to Group II and net of any reimbursement for Nonrecoverable Advances) plus the sum of (x) any Delinquency Advances and (y) Compensating Interest paid by the Servicer with respect to Group II for such Remittance Period over (ii) the sum of the Current Interest on the Group II Certificates and the Premium Amount relating to Group II for such Distribution Date.
Group II Total Monthly Excess Spread. With respect to any Payment Date, the positive difference between (i) the Group II Interest Remittance Amount for the Due Period relating to such Payment Date plus any amount transferred from the Capitalized Interest Account relating to Group II and (ii) the sum of (x) the interest due on the Class A-2 Certificates on such Payment Date, (y) the Fees and Expenses related to Group II, if any, for such Payment Date and (z) the Group II Servicing Fee for such Payment Date.
More Definitions of Group II Total Monthly Excess Spread
Group II Total Monthly Excess Spread. As of any Payment Date, the excess of (x) the interest portion of the Group II Monthly Remittance Amount remitted by the Servicer on the immediately preceding Remittance Date over (y) the sum of (i) the Group II Premium Amount, (ii) the Group II Monthly Trustee Fee Amount and (iii) the Class A-5 Interest Distribution Amount, in each case as of such Payment Date.
Group II Total Monthly Excess Spread. With respect to Group II and any Distribution Date, the excess of (i) the Group II Interest Funds over (ii) the sum of (x) the Group II Current Interest and (y) the Group II Premium Amount.
Group II Total Monthly Excess Spread. With respect to Mortgage Loan Group II as of any Payment Date, the difference between (i) the interest which is collected on the Mortgage Loans in Mortgage Loan Group II during the prior Remittance Period, less the related Servicing Fees, less the Trustee's Fees, plus any Delinquency Advances and Compensating Interest paid by the Master Servicer with respect to Mortgage Loan Group II and such Remittance Period and (ii) the sum of (x) the interest due on the Class A-2 Certificates at the Class A-2 Pass-Through Rate on such Payment Date, and (y) the Group II Premium Amount for such Payment Date.
Group II Total Monthly Excess Spread. With respect to Group II and any Payment Date, the excess, if any, of (i) the sum of (w) the interest which is collected on the Mortgage Loans in such Group during the related Remittance Period less the related Servicing Fee with respect to Group II, (y) the interest portion of any Delinquency Advances, (y) Compensating Interest paid by the related Servicers with respect to Group II for such Remittance Period and (z) the Group II Capitalized Interest Requirement over (ii) the interest due on (x) the Class A-8 Certificates and (y) the portion of the interest due on the Class S Certificates that relates to Advanta Loans listed on Schedule I-B on such Payment Date; provided, however, that for the Payment Dates during the Funding Period, the amount in (ii) above shall be multiplied by a fraction (A) the numerator of which is the difference between the Certificate Principal Balance of the Class A-8 Certificates and the then outstanding Pre-Funded Amount relating to Group II and (B) the denominator of which is the Certificate Principal Balance of the Class A-8 Certificates.
Group II Total Monthly Excess Spread. With respect to Group II and any Distribution Date, the excess of (i) the aggregate of all interest which is collected on the Home Equity Loans in Group II during the related Due Period (net of the Group II Servicing Fee and the Trustee Fee with respect to Group II and net of any reimbursement for Nonrecoverable Advances with respect to Group II) plus the sum of (w) any Delinquency Advances with respect to interest and Group II, (x) Compensating Interest, in each case paid by the Servicer with respect to Group II for such Due Period, (y) the Cap Reserve Fund Transfer Amount with respect to Group II and (z) the Group II Capitalized Interest Requirement over (ii) the sum of the Class A-3A, Class A-4A, Class A-5A, Class A-IOA Component, Class B-1A Component and Class B-IOA Current Interest and the Premium Amount relating to Group II for such Distribution Date.
Group II Total Monthly Excess Spread. With respect to Group II as of any Payment Date, the difference between (i) the interest which is collected on the Mortgage Loans in Mortgage Loan Group II during the prior Remittance Period, minus the related Servicing Fees, minus the Trustee's Fees, plus any Delinquency Advances and Compensating Interest paid by the Master Servicer with respect to Group II as of such Remittance Period and (ii) the sum of (x) the
Group II Total Monthly Excess Spread. As to any Distribution Date, an amount equal to the excess if any, of (i) the interest collected (prior to the Remittance Date) or advanced on the Group II Mortgage Loans for Due Dates during the related Due Period (net of Expense Fees) over (ii) the sum of (A) the interest payable to the Group II Principal Certificates on such Distribution Date pursuant to Section 4.01(b)(i), (B) any Group II Net Swap Payments payable to the Group II Swap Provider and (C) any Group II Swap Termination Payment (other than a Group II Defaulted Swap Termination Payment) payable to the Group II Swap Provider from Group II Available Funds.