Second Regulatory Current Balance Amount definition
Second Regulatory Current Balance Amount has the meaning ascribed thereto in Schedule 2 or 3, as applicable, to the Asset Monitoring Agreement.
Second Regulatory Current Balance Amount means an amount equal to the sum of the nominal value of the claims resulting from (A) the Mortgage Receivables and (B) the Substitution Assets Amount, in each case subject to the limits and the deductions set forth in the CB Regulations, or such other amount as may be permitted to be taken into account for the purpose of calculating the (claims resulting from) eligible cover assets pursuant to the CB Regulations from time to time.
Second Regulatory Current Balance Amount means an amount equal to the sum of (A) the aggregate balance of all Mortgage Receivables, excluding any Defaulted Receivables, whereby the balance is determined for each such ▇▇▇▇- ▇▇▇▇ Receivable as the lower of (i) the Current Balance of the Mortgage Receiva- ble and (ii) the Regulatory Cut-Off Percentage of the Indexed Valuation relating to such Mortgage Receivable and (B) Substitution Assets Amount, or in each case such other amount as must be calculated in accordance with the CB Regulations.
More Definitions of Second Regulatory Current Balance Amount
Second Regulatory Current Balance Amount means an amount equal to the sum of the nominal value of the claims resulting from (A) the Mortgage Receivables and (B) the Substitution Assets Amount, in each case subject to the limits and the deductions set forth in the CB Regulations, or such other amount as may be permitted to be taken into account for the purpose of calculating the (claims resulting from) eligible cover assets pursuant to the CB Regulations from time to time.".
Second Regulatory Current Balance Amount means an amount equal to the sum of (A) the aggregate balance of all Mortgage Receivables, excluding any Defaulted Receivables, whereby the balance is determined for each such ▇▇▇▇- ▇▇▇▇ Receivable as the lower of (i) the Current Balance of the Mortgage Receiva- ble and (ii) the Regulatory Cut-Off Percentage of the Indexed Valuation relating to such Mortgage Receivable and (B) the Substitution Assets Amount, or in each case such other amount as must be calculated in accordance with the ▇▇ ▇▇▇▇▇▇- tions.
Second Regulatory Current Balance Amount means an amount equal to the sum of
Second Regulatory Current Balance Amount means an amount equal to the sum of (A) the aggregate balance of all Mortgage Receivables, excluding any Defaulted Receivables, whereby the balance is determined for each such Mortgage Receivable as the lower of (i) the Current Balance of the Mortgage Receivable and