Current Class A Enhancement Level. As of any Distribution Date, the percentage obtained by dividing (i) the sum of the Class M Subclass Principal Balances of the Class M Certificates and the Overcollateralization Amount (prior to giving effect to any distributions in reduction of Principal Balance and the allocation of any losses on such date) by (ii) the Pool Balance as of the last day of the related Collection Period.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (Citicorp Residential Mortgage Trust Series 2006-1), Pooling and Servicing Agreement (Citicorp Residential Mortgage Trust Series 2006-2), Pooling and Servicing Agreement (Citicorp Residential Mortgage Trust Series 2006-3)
