Investor Loss Amount definition

Investor Loss Amount for any Payment Date means the product of (i) the Investor Floating Allocation Percentage for the Payment Date and (ii) the aggregate of the liquidation loss amounts on the Mortgage Loans for the Payment Date. Liquidation loss amounts for any Payment Date and any Mortgage Loan that becomes a liquidated Mortgage Loan during the related Collection Period are the unrecovered Asset Balance of the Mortgage Loan at the end of the Collection Period after reducing the Asset Balance for the net liquidation proceeds. Net liquidation proceeds are liquidation proceeds net of insurance policy recoveries and out-of-pocket expenses (exclusive of overhead) that are incurred by the Master Servicer in connection with the liquidation of any Mortgage Loan.

Investor Loss Amount for any Class of Notes and Payment Date means the product of (i) the Investor Floating Allocation Percentage for the Class of Notes and Payment Date and (ii) the aggregate of the liquidation loss amounts on the Mortgage Loans in the related Loan Group for the Payment Date. Liquidation loss amounts for any Payment Date and any Mortgage Loan that becomes a liquidated Mortgage Loan during the related Collection Period are the unrecovered Asset Balance of the Mortgage Loan at the end of the Collection Period after reducing the Asset Balance for the net liquidation proceeds. Net liquidation proceeds are liquidation proceeds net of insurance policy recoveries and out-of-pocket expenses (exclusive of overhead) that are incurred by the Master Servicer in connection with the liquidation of any Mortgage Loan.

Investor Loss Amount. With respect to any Distribution Date, the amount equal to the product of (i) the Investor Floating Allocation Percentage for such Distribution Date and (ii) the aggregate of the Liquidation Loss Amounts for such Distribution Date.

Examples of Investor Loss Amount in a sentence

• The amount of Investor Loss Amount reimbursed or allocated to the Seller on the related Transfer Date .

• The amount of Investor Loss Amount reimbursed or allocated to the Seller on the related Transfer Date.

• If, after making both of those payments the Required Amount remains unpaid, then the remaining Investor Loss Amount and the Investor Loss Reduction Amount for that Class shall be allocated to reduce the related Allocated Transferor Interest to the extent of the related Available Transferor Subordinated Amount.

• In the event that such reduction would cause the Class B Investor Interest to be a negative number, the Class B Investor Interest will be reduced to zero, and the Class A Investor Interest (after giving effect to reductions for any Class A Investor Charge-Offs on such Distribution Date) will be reduced by the amount by which the Class B Investor Interest would have been reduced below zero, but not by more than the Class A Investor Loss Amount for such Distribution Date.

• If on any Distribution Date, the Class A Investor Loss Amount for the prior Due Period exceeds the sum of the amounts allocated with respect thereto pursuant to subsection 4.9(a)(iii), subsection 4.11(a) and Section 4.12 with respect to such Due Period, the Class D-2 Investor Interest (after giving effect to reductions for any Class D-2 Investor Charge-Offs described in paragraph (e) and any Reallocated Class D-2 Principal Collections on such Distribution Date) will be reduced by the amount of such excess.

More Definitions of Investor Loss Amount

Investor Loss Amount means, with respect to any Distribution Date, an amount equal to the product of (a) the aggregate of the Loss Amounts for the related Due Period and (b) the Floating Allocation Percentage for such Due Period.

Investor Loss Amount for any Payment Date and a Loan Group means the product of o the related Investor Floating Allocation Percentage and o the aggregate of the Liquidation Loss Amounts on the Mortgage Loans in the Loan Group for the Payment Date.

Investor Loss Amount for each Payment Date and the Principal Amount Notes is the excess of the Note Principal Balance of the Principal Amount Notes immediately before the Payment Date over the Loan Pool Balance as of the last day of the related Collection Period. "Investor Principal Collections" are for a Payment Date o during the Managed Amortization Period, the lesser of

Investor Loss Amount for any Class of Notes and Payment Date means the product of (i) the Investor Floating Allocation Percentage for the Class of Notes and Payment Date and (ii) the aggregate of the liquidation loss amounts on the Mortgage Loans in the related Loan Group for the Payment Date. Liquidation loss amounts for any Payment Date and any Mortgage Loan that becomes a liquidated Mortgage Loan during the related Collection Period are the unrecovered Asset Balance of the Mortgage Loan at the end of the Collection Period after reducing the Asset Balance for the net liquidation proceeds. Net liquidation proceeds are liquidation proceeds net of insurance policy recoveries and out-of-pocket expenses (exclusive of overhead) that are incurred by the Master Servicer in connection with the liquidation of any Mortgage Loan. Ann-1-11

Investor Loss Amount for each Payment Date is the excess of the Note Principal Balance immediately before the Payment Date minus the amount of Principal Collections available to pay the Principal Amount Notes on that Payment Date over the Loan Pool Balance for that Payment Date.

Investor Loss Amount. With respect to any Payment Date, the amount equal to the product of (i) the Investor Floating Allocation Percentage for such Payment Date and (ii) the aggregate of the Liquidation Loss Amounts for such Payment Date.

Investor Loss Amount for any Class and Payment Date means the product of (i) the Investor Floating Allocation Percentage for the Class and Payment Date and (ii) the aggregate of the liquidation loss amounts on the Mortgage Loans in the related Loan Group for the Payment Date. Liquidation loss amounts for any Payment Date and any Mortgage Loan that becomes a liquidated Mortgage Loan during the related Collection Period are the unrecovered Asset Balance of the Mortgage Loan at the end of the Collection Period after reducing the Asset Balance for the net liquidation proceeds. Net liquidation proceeds are liquidation proceeds net of insurance policy recoveries and out-of-pocket expenses (exclusive of overhead) that are incurred by the Master Servicer in connection with the liquidation of any Mortgage Loan.