Subordination Increase Amount definition

Subordination Increase Amount. As to any Distribution Date, the lesser of (i) the Subordination Deficiency and (ii) the Excess Interest.

Subordination Increase Amount. With respect to any Payment Date, the amount of any Net Monthly Excess Cashflow (including any Subordination Reduction Amount) available in the Payment Account to increase the Subordination Amount up to the Required Subordination Amount.

Subordination Increase Amount. With respect to any Mortgage Loan Group and Payment Date, the lesser of (i) the Subordination Deficiency Amount as of such Payment Date (after taking into account the payment of the related Class A Distribution Amount on such Payment Date (except for any Subordination Increase Amount)) and (ii) the aggregate amount of Net Monthly Excess Cashflow to be allocated to such Mortgage Loan Group pursuant to Sections 7.5(d)(iii)(A) and 7.5(d)(iii)(B) on such Payment Date.

Examples of Subordination Increase Amount in a sentence

To the Class M-1 Certificates, the Class M-1 Principal Distribution Amount for the applicable Distribution Date, excluding any Subordination Increase Amount included in that amount, until its Certificate Principal Balance is reduced to zero.
To the Class M-5 Certificates, the Class M-5 Principal Distribution Amount for the Distribution Date, excluding any Subordination Increase Amount included in that amount, until the Certificate Principal Balance thereof is reduced to zero.
To the Class M-3 Certificates, the Class M-3 Principal Distribution Amount for the Distribution Date, excluding any Subordination Increase Amount included in that amount, until the Certificate Principal Balance thereof is reduced to zero.
To the Class M-2 Certificates, the Class M-2 Principal Distribution Amount for the applicable Distribution Date, excluding any Subordination Increase Amount included in that amount, until its Certificate Principal Balance is reduced to zero.
To the Class M-7 Certificates, the Class M-7 Principal Distribution Amount for the Distribution Date, excluding any Subordination Increase Amount included in that amount, until the Certificate Principal Balance thereof is reduced to zero.

Subordination Increase Amount. With respect to any Distribution Date, the lesser of (a) the Subordination Deficiency Amount as of such Distribution Date (after taking into account the payment of the Principal Distribution Amount, on such Distribution Date, exclusive of the payment of any Subordination Increase Amount) and (b) the amount of Net Monthly Excess Cashflow on such Distribution Date as reduced by any Cumulative Insurance Payments or payments allocated to the Overcollateralization Deficit.

Subordination Increase Amount. As to the first five Distribution Dates, $0.00. As to any subsequent Distribution Date, the lesser of (1) the Subordination Deficiency and (2) the Excess Interest.

Subordination Increase Amount. With respect to any Pool and any Remittance Date, the lesser of (i) the Subordinated Deficiency Amount as of such Payment Date (after taking into account the payment of the Pool Remittance Amount for such Pool on such Remittance Date (except for any Subordination Increase Amount)) and (ii) the aggregate amount of Net Monthly Excess Cashflow available to be allocated to such Pool pursuant to Section 6.14(b)(ii) on such Remittance Date.

Subordination Increase Amount. As to any Payment Date, the lesser of (i) the Subordination Deficiency and (ii) the Excess Interest.

Subordination Increase Amount. With respect to any Distribution Date, the lesser of (a) the Subordination Deficiency Amount as of such Distribution Date (after taking into account the payment of the Class A Principal Distribution Amount on such Distribution Date, exclusive of the payment of any Subordination Increase Amount) and (b) the amount of Accrued Certificate Interest payable on the Class CE Certificates on such Distribution Date as reduced by any Cumulative Insurance Payments or Realized Losses allocated thereto with respect to such Distribution Date pursuant to Section 4.04.

Subordination Increase Amount. With respect to any Payment Date, the lesser of (i) the Subordination Deficiency Amount as of such Payment Date (after taking into account the payment of the Monthly Payment Amount on such Payment Date (except for any Subordination Increase Amount)) and (ii) the aggregate amount of Net Monthly Excess Cashflow to be allocated pursuant to Section 3.5(b)(iii)(A) on such Payment Date.