Examples of Enhancement Percentage in a sentence
Any of the Group I Current Specified Enhancement Percentage or the Group II Current Specified Enhancement Percentage.
A Trigger Event is in effect on any Distribution Date if (i) on that Distribution Date the 60 Day+ Rolling Average equals or exceeds 40% of the prior period's Senior Enhancement Percentage and (ii) may include other trigger events related to the performance of the Mortgage Loans.
The review shows some progress in addressing cross border anomalies.
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%].
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.