Group 1 Overcollateralization Amount definition
Group 1 Overcollateralization Amount. For any Payment Date the amount, if any, by which (x) the Aggregate Loan Balance of the Group 1 Loans for such Payment Date exceeds (y) the aggregate Class Principal Balance of all of the Group 1 Notes after giving effect to payments on such Payment Date.
Group 1 Overcollateralization Amount. With respect to any Distribution Date, an amount equal to the excess, if any, of (i) the aggregate Stated Principal Balance of the Group 1 Loans as of the Due Date in the month of that Distribution Date (after giving effect to Principal Prepayments received in the related Prepayment Period) over (ii) the sum of the aggregate Class Principal Balance of the Group 1 Senior Certificates and the Group 1 Mezzanine Certificates as of such Distribution Date (after giving effect to distributions of the Group 1 Principal Distribution Amount to be made on such Distribution Date).
Group 1 Overcollateralization Amount. As to any Payment Date, the excess, if any, of (i) the Pool Balance of the Group 1 Mortgage Loans as of the end of the related Collection Period over (ii) the aggregate Note Principal Amount of the Class A-1 Notes and the Component Principal Amount of the Class M-1 Component (after taking into account the payment to the Class A-1 Notes and the Class M-1 Component of principal on such Payment Date).