Common use of Overcollateralization Amount Clause in Contracts

Overcollateralization Amount. If on any Distribution Date there is an increase in the Certificate Principal Amount of any Group II Certificate as a result of the proviso in the definition of Certificate Principal Amount, then there shall be a corresponding increase in the principal amount of the REMIC II-1 Regular Interests (other than the Class LTII1-IO Interest) allocated as follows: first, to each of the REMIC II-1 Regular Interests (other than the Class LTII1-X Interest and other than the Class LTII1-IO Interest) so that the principal balance of each such interest is as close as possible to 50% of the principal balance of its Corresponding Class; and second, to the Class LTII1-X Interest so that the principal balance of such interest is as close as possible to the sum of (x) 50% of the aggregate Scheduled Principal Balance of the Mortgage Loans in Pool 2 and Pool 3 and (y) 50% of the Pool 2-3 Overcollateralization Amount.

Overcollateralization Amount. If on any Distribution Date there is an increase in the Certificate Principal Amount of any Group II I Certificate as a result of the proviso in the definition of Certificate Principal Amount, then there shall be a corresponding increase in the principal amount of the REMIC II-1 I-1 Regular Interests (other than the Class LTII1LTI1-IO Interest) allocated as follows: first, to each of the REMIC II-1 I-1 Regular Interests (other than the Class LTII1LTI1-X Interest and other than the Class LTII1LTI1-IO Interest) so that the principal balance of each such interest is as close as possible to 50% of the principal balance of its Corresponding Class; and second, to the Class LTII1LTI1-X Interest so that the principal balance of such interest is as close as possible to the sum of (x) 50% of the aggregate Scheduled Principal Balance of the Mortgage Loans in Pool 2 1, Pool 1C and Pool 3 2 and (y) 50% of the Pool 21-3 2 Overcollateralization Amount.