Overconcentration Account definition

Overconcentration Account has the meaning specified in the Indenture.
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Overconcentration Account has the meaning specified in subsection 5.02(c).
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Overconcentration Account shall have the meaning specified in subsection 4.18(a).
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Examples of Overconcentration Account in a sentence

  • End of Monthly Period Available Overconcentration Account Amount $ 0.00 17.

  • Beginning of Monthly Period Available Overconcentration Account Amount $ 0.00 8.

  • Beginning of Monthly Period Available Overconcentration Account Amount$[_]8.

  • In the event that the Class A Required Amount for such Transfer Date exceeds the amount of the Excess Spread and Shared Excess Yield Collections allocable to Series 1997-1 with respect to the related Collection Period, all or a portion of the amounts, if any, to be withdrawn from the Overconcentration Account on such Transfer Date in an amount equal to such excess shall be distributed on such Transfer Date pursuant to subsection 4.18(d)(i).

  • Finance Charge Collections, Principal Collections, the Default Amount, the Servicing Fee and amounts withdrawn from the Overconcentration Account allocated to Series 2007-2 pursuant to Article III of the Transfer and Servicing Agreement shall be allocated and distributed as set forth in this Article IV.

  • Finance Charge Collections, Principal Collections, the Default Amount, the Servicing Fee and amounts withdrawn from the Overconcentration Account allocated to Series 2008-1 pursuant to Article III of the Transfer and Servicing Agreement shall be allocated and distributed as set forth in this Article IV.

  • End of Monthly Period Available Overconcentration Account Amount$[_]17.

  • Xxxx shall request a Revolving Loan borrowing by written notice (or telephone notice promptly confirmed in writing) to the Agent not later than 12:00 Noon (Charlotte, North Carolina time) on the Business Day of the requested borrowing in the case of Base Rate Loans, and on the third Business Day prior to the date of the requested borrowing in the case of Eurodollar Loans.

  • Before any such allocation of Defaulted Receivables has the effect of reducing the Invested Amount of any class of Investor Certificates, certain Excess Spread and Shared Excess Yield Collections and amounts, if any, to be withdrawn from the Overconcentration Account will be applied to make up for any deficiency caused by such Defaulted Receivables.

  • Finance Charge Collections, Principal Collections, the Default Amount, the Servicing Fee and amounts withdrawn from the Overconcentration Account allocated to Series 2005-2 pursuant to Article III of the Transfer and Servicing Agreement shall be allocated and distributed as set forth in this Article IV.

Related to Overconcentration Account

  • Overconcentration Amount means as of any date of calculation of the Effective Leverage Ratio for the Fund, an amount equal to the sum of (without duplication):

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Master Servicer Collection Account The trust account or accounts created and maintained pursuant to Section 4.02, which shall be denominated "JPMorgan Chase Bank, as Trustee f/b/o holders of Structured Asset Mortgage Investments Inc., Bear Stearns ARM Trust, Mortgage Pass- Thrxxxx Xxrtificates, Series 2003-1 - Master Servicer Collection Account." The Master Servicer Collection Account shall be an Eligible Account.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Collection Accounts As defined in Section 3.10(a).

  • Servicer Custodial Account The separate Eligible Account or Accounts created and maintained by the Servicer pursuant to Section 3.08(b).

  • Yield Supplement Account means the account designated as such, and established and maintained pursuant to Section 4.01.

  • Exchange Note Collection Account means the account established under Section 4.1(a) of the Servicing Supplement.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • Finance Charge Account is defined in Section 4.9(a).

  • Principal Collection Subaccount The meaning specified in Section 10.2(a).

  • Reserve Account Excess Amount means, with respect to any Payment Date, an amount equal to the excess, if any, of (a) the amount of cash or other immediately available funds in the Reserve Account (excluding any net investment earnings) on that Payment Date, after giving effect to all deposits to and withdrawals from the Reserve Account on such Payment Date, over (b) the Specified Reserve Account Balance with respect to such Payment Date.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Final Collection Date means the date on or following the Termination Date on which the Outstanding Loan Amount has been reduced to zero and all other Borrower Obligations have been paid in full.

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

  • Servicing Account The account or accounts created and maintained pursuant to Section 3.09.

  • Concentration Account Agreement as defined in subsection 4.16(b).