Overcollateralized Group definition

Overcollateralized Group. As defined in Section 4.03.
Overcollateralized Group. Any Loan Group, if on any Distribution Date such Loan Group is not an Undercollateralized Group and any other Loan Group is an Undercollateralized Group.
Overcollateralized Group. On any Distribution Date, any Certificate Group which is not an Undercollateralized Group.

Examples of Overcollateralized Group in a sentence

  • Overcollateralized Group: Either Loan Group, if on any Distribution Date such Loan Group is not an Undercollateralized Group and the other Loan Group is an Undercollateralized Group.


More Definitions of Overcollateralized Group

Overcollateralized Group. With respect to Group 1, Group 2, Group 3, Group 4 and Group 5, as defined in Section 4.06(b).
Overcollateralized Group. On any Distribution Date, any Certificate Group in the Aggregate Pool which is not an Undercollateralized Group.
Overcollateralized Group. Any of the Group 1 Loans, the Group 2 Loans, Group 3 Loans, Group 4 Loans or Group 5 Loans, if on any Distribution Date such Loan Group is not an Undercollateralized Group.
Overcollateralized Group. With respect to Group I, Group II, Group VII, Group XI and Group XII, as defined in Section 4.06(b). With respect to Group III, Group IV, Group V, Group VIII, Group IX and Group X, as defined in Section 4.06(c).
Overcollateralized Group. Not applicable.
Overcollateralized Group. As defined in Section 4.07(b). Participant: A broker, dealer, bank, other financial institution or other Person for whom DTC effects book entry transfers and pledges of securities deposited with DTC.
Overcollateralized Group. As defined in Section 6.01(I)(b)(ix)(B).