Group I Total Monthly Excess Spread definition

Group I Total Monthly Excess Spread. With respect to Group I and any Payment Date, the difference between (i) the interest which is collected on the Mortgage Loans in Group I during the related Remittance Period, less the Group I Servicing Fee plus the interest portion of any Delinquency Advances and Compensating Interest paid by the Servicer with respect to Group I for such Remittance Period and (ii) the sum of (x) the interest due on the Class A-1 Certificates on such Payment Date and (y) the Group I Premium Amount and the Group I Trustee Fee, if any, for such Payment Date.
Group I Total Monthly Excess Spread. With respect to any Payment Date, the positive difference between (i) the Group I Interest Remittance Amount for the Due Period relating to such Payment Date plus any amount transferred from the Capitalized Interest Account relating to Group I and (ii) the sum of (x) the interest due on the Class A-1 Certificates on such Payment Date, (y) the Fees and Expenses related to Group I, if any, for such Payment Date and (z) the Group I Servicing Fee for such Payment Date.
Group I Total Monthly Excess Spread. As of any Payment Date, the excess of (x) the interest portion of the Group I Monthly Remittance Amount remitted by the Servicer on the immediately preceding Remittance Date over (y) the sum of (i) the Group I Premium Amount, (ii) the Group I Monthly Trustee Fee Amount and (iii) the Group I Interest Distribution Amount, in each case as of such Payment Date.

More Definitions of Group I Total Monthly Excess Spread

Group I Total Monthly Excess Spread. With respect to Group I and any Payment Date, the excess of (i) the aggregate of all interest which is collected on the Home Equity Loans in Group I during the related Remittance Period (net of the Servicing Fee, the Trustee Fee and the Trustee Reimbursable Expenses with respect to Group I) plus (x) any Delinquency Advances and (y) Compensating Interest paid by the Servicer with respect to Group I for such Remittance Period over (ii) the sum of the Current Interest on the Fixed Rate Certificates and the Premium Amount relating to Group I for such Payment Date.
Group I Total Monthly Excess Spread. With respect to Group I and any Distribution Date, the excess of (i) the Group I Interest Funds over (ii) the sum of (x) the Group I Current Interest and (y) the Group I Premium Amount.
Group I Total Monthly Excess Spread. With respect to Mortgage Loan Group I as of any Payment Date, the excess of (i) the interest which is collected on the Mortgage Loans in Mortgage Loan Group I during the prior Remittance Period, less the related Servicing Fees, less the Trustee's Fees, plus any Delinquency Advances and Compensating Interest paid by the Master Servicer with respect to Mortgage Loan Group I with respect to such Remittance Period over (ii) the sum of (x) the interest due on the Group I Certificates on such Payment Date and (y) the Group I Premium Amount for such Payment Date.
Group I Total Monthly Excess Spread. With respect to Group I and any Distribution Date, (A) the excess of (i) the aggregate of all interest which is collected on the Home Equity Loans in Group I during the related Remittance Period (net of the Servicing Fee with respect to Group I and net of any reimbursement for Nonrecoverable Advances) plus the sum of (x) any Delinquency Advances and (y) Compensating Interest paid by the Servicer with respect to Group I for such Remittance Period over (ii) the sum of (1) the Class A-1 Current Interest, (2) the Trustee Fee relating to Group I for such Distribution Date and (3) the Premium Amount relating to Group I for such Distribution Date, less (B) the Initial Class X-IO Distributable Amount.
Group I Total Monthly Excess Spread. With respect to Group I as of any Payment Date, the excess of (i) the interest which is collected on the Mortgage Loans in Group I during the prior Remittance Period, minus the related Servicing Fees, minus the Trustee's Fees, plus any Delinquency Advances and Compensating Interest paid by the Master Servicer with respect to Group I with respect to such Remittance Period over (ii) the sum of (x) the interest due on the Group I Certificates on such Payment Date and (y) the Group I Premium Amount for such Payment Date.
Group I Total Monthly Excess Spread. With respect to Group I and any Distribution Date, the excess of (i) the aggregate of all interest which is collected on the Home Equity Loans in Group I during the related Due Period (net of the Group I Servicing Fee and the Trustee Fee with respect to Group I and net of any reimbursement for Nonrecoverable Advances with respect to Group I) plus the sum of (w) any Delinquency Advances with respect to interest and Group I, (x) Compensating Interest, in each case paid by the Servicer with respect to Group I for such Due Period and (y) Cap Reserve Fund Transfer Amount with respect to Group I and (z) the Group I Capitalized Interest Requirement over (ii) the sum of the Class A-1F, Class A-2F, Class A-IOF Component, Class B-1F Component and Class B-IOF Current Interest and the Premium Amount relating to Group I for such Distribution Date.
Group I Total Monthly Excess Spread. With respect to Group I and any Payment Date, the excess, if any, of (i) the sum of (w) the interest which is collected on the Mortgage Loans in such Group during the related Remittance Period less the related Servicing Fee with respect to Group I, (x) the interest portion of any Delinquency Advances, (y) Compensating Interest paid by the related Servicer with respect to Group I for such Remittance Period and (z) the Group I Capitalized Interest Requirement over (ii) the interest due on (x) the Group I Certificates and (y) the portion of the interest due on the Class S Certificates that relates to Advanta Loans listed on Schedule I-A on such Payment Date; provided, however, that for the Payment Dates during the Funding Period, the amount in (ii) above shall be multiplied by a fraction (A) the numerator of which is the difference between the Certificate Principal Balance of the Fixed Rate Group Certificates and the then outstanding Pre-Funded Amount relating to Group I and (B) the denominator of which is the Certificate Principal Balance of the Group I Certificates.