Examples of Credit Enhancement Percentage in a sentence
Credit Enhancement Percentage: The "Credit Enhancement Percentage" for a Distribution Date is equal to (i) the sum of (a) the aggregate principal balance of the Subordinate Certificates and (b) the Overcollateralization Amount divided by (ii) the aggregate principal balance of the Mortgage Loans.
Stepdown Date: The earlier of (i) the Distribution Date on which the aggregate certificate principal balance of the Class A Certificates has been reduced to zero, and (ii) the later to occur of (x) the Distribution Date in [June 2008] and (y) the first Distribution Date on which the Credit Enhancement Percentage is greater than or equal to [43.70%].
Senior Credit Enhancement Percentage: Limited Cross-collateralization: This information is furnished to you solely by Greenwich Capital Markets, Inc.
Credit Enhancement Percentage: The percentage obtained by dividing the aggregate certificate principal balance of the Class M, Class B, Class C and Class P Certificates by the aggregate principal balance of the mortgage loans.
A Delinquency Trigger Event is in effect if the quotient (expressed as a percentage) of (x) the three month rolling daily average of 60+ day Delinquent Loans as of the last day of the Due Period, over (y) the aggregate principal balance of the Mortgage Loans equals or exceeds % of the prior period's Credit Enhancement Percentage.