Spread Squeeze Percentage. With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the product of 12 and the Net Monthly Excess Spread for such Distribution Date, and the denominator of which is the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties as of such Distribution Date.
Spread Squeeze Percentage. With respect to any Payment Date, the percentage equivalent of a fraction, the numerator of which is the product of _____ and the excess of the Excess Spread for such Payment Date [over the Securities Insurer Reimbursement Amount] for such Payment Date, and the denominator of which is the Pool Principal Balance for such Payment Date.
Spread Squeeze Percentage. With respect to Pool I and Pool II and as of any Payment Date after the twelfth Payment Date, a fraction (expressed as a percentage), the numerator of which is the product of 12 and the related Available Funds with respect to such Pool for such Payment Date which remain on deposit in the Collection Account after taking into account the distributions listed in clauses (i) through (vi) of Section 8.6(d) of the Indenture with respect to such Pool and such Payment Date and the denominator of which is the related Pool Balance as of such Payment Date.
More Definitions of Spread Squeeze Percentage
Spread Squeeze Percentage means with respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the product of 12 and the Net Monthly Excess Cashflow for the Group II Home Equity Loans for such Distribution Date, and the denominator of which is the aggregate Loan Balance of the Group II Home Equity Loans as of the end of the related Collection Period.
Spread Squeeze Percentage. As of any Payment Date after the twelfth Payment Date, a fraction (expressed as a percentage), the numerator of which is the product of ___ and the related Available Funds for such Payment Date which remain on deposit in the Collection Account after taking into account the distributions listed in clauses (i) through (vii) of Section 8.7(b) of the Indenture with respect to such Payment Date and the denominator of which is the related Pool Balance as of such Payment Date.
Spread Squeeze Percentage. With respect to any Payment Date, the percentage equivalent of a fraction, the numerator of which is the product of 12 and the Net Monthly Excess Cashflow for Loan Group 2 for such Payment Date, and the denominator of which is the Aggregate Principal Balance of the Mortgage Loans in Loan Group 2 as of the end of the related Prepayment Period.
Spread Squeeze Percentage. With respect to Pool I, Pool II and Pool III and as of any Payment Date after the twelfth Payment Date, a fraction (expressed as a percentage), the numerator of which is the product of 12 and the related Available Funds with respect to such Pool for such Payment Date which remain on deposit in the Collection Account after taking into account the distributions listed in clauses (i) through (vii) of Section 8.7(d) of the Indenture with respect to such Pool and such Payment Date and the denominator of which is the related Pool Balance as of such Payment Date.
Spread Squeeze Percentage. With respect to any Payment Date after the sixth Payment Date, the percentage equivalent of a fraction, the numerator of which is the product of 12 and the Net Monthly Excess Spread for such Payment Date, and the denominator of which is the aggregate Principal Balance of the Mortgage Loans as of such Payment Date.
Spread Squeeze Percentage. With respect to any Payment Date and for each of the Class A-2 and Class A-3 Notes, the percentage equivalent of a fraction, the numerator of which is the product of 12 and the excess of the Excess Spread for such Class for such Payment Date over the Securities Insurer Reimbursement Amount allocated to such Class for such Payment Date, and the denominator of which is the Pool Principal Balance for the related Pool for such Payment Date.
Spread Squeeze Percentage. As of any Payment Date after the twelfth Payment Date, a fraction (expressed as a percentage), the numerator of which is the product of 12 and the related Available Funds for such Payment Date which remain on deposit in the Collection Account after taking into account the distributions listed in clauses (i) through (vii) of Section 8.7(b) of the Indenture with respect to such Payment Date and the denominator of which is the related Pool Balance as of such Payment Date.