Group II Principal Funds. With respect to the Group II Mortgage Loans and any Distribution Date, the sum, without duplication, of (i) the scheduled principal due during the related Due Period and received before the related Servicer Remittance Date or advanced on or before the related Servicer Remittance Date, (ii) prepayments collected in the related Prepayment Period, (iii) the Stated Principal Balance of each Mortgage Loan that was purchased by the Depositor or the Servicer during the related Prepayment Period or, in the case of a purchase pursuant to Section 9.01, on the Business Day prior to such Distribution Date, (iv) the amount, if any, by which the aggregate unpaid principal balance of any Replacement Mortgage Loan is less than the aggregate unpaid principal of the related Deleted Mortgage Loans delivered by the Depositor in connection with a substitution of a Mortgage Loan pursuant to Section 2.03(c) and (v) all Liquidation Proceeds collected during the related Due Period (to the extent such Liquidation Proceeds related to principal), less all Non-Recoverable Advances relating to principal with respect to the Group II Mortgage Loans and all Non-Recoverable Advances reimbursed during the related Due Period.
Group II Principal Funds. With respect to Group and any Master Servicer Remittance Date, to the extent II and any Master Servicer Remittance Date, to the actually deposited in the Master Servicer Custodial extent actually deposited in the Master Servicer Account, the sum, without duplication, of (i) all Custodial Account, the sum, without duplication, of (i) scheduled principal with respect to Group I collected by all scheduled principal with respect to Group II the Servicers during the related Due Period or advanced collected by the Servicers during the related Due on or before such Master Servicer Remittance Date, (ii) Period or advanced on or before such Master Servicer prepayments with respect to Group I collected by the Remittance Date, (ii) prepayments with respect to Group Servicers in the related Prepayment Period, (iii) the II collected by the Servicers in the related Prepayment Scheduled Principal Balance of each Mortgage Loan in Period, (iii) the Scheduled Principal Balance of each Group I repurchased by the Depositor, (iv) any Mortgage Loan in Group II repurchased by the Depositor, Substitution Shortfall with respect to Group I and (v) (iv) any Substitution Shortfall with respect to Group all Liquidation Proceeds with respect to Group I II and (v) all Liquidation Proceeds with respect to collected by the Servicer during the related Due Period Group II collected by the Servicer during the related (to the extent such Liquidation Proceeds related to Due Period (to the extent such Liquidation Proceeds principal) less all non-recoverable Advances relating to related to principal) less all non-recoverable Advances principal with respect to Group I reimbursed during the relating to principal with respect to Group II related Due Period. reimbursed during the related Due Period.
Group II Principal Funds. With respect to Group II and any Master Servicer Remittance Date, to the extent actually deposited in the Master Servicer Custodial Account, the sum, without duplication, of:
More Definitions of Group II Principal Funds
Group II Principal Funds. With respect to the Group II Mortgage Loans and any Distribution Date, the sum, without duplication, of (i) the scheduled principal due during the related Due Period and received before the related Servicer Remittance Date or advanced on or before the related Servicer Remittance Date, (ii) prepayments collected in the related Prepayment Period, (iii) the Stated Principal Balance of each Mortgage Loan that was purchased by the Depositor or the Servicer during the related Prepayment Period or, in the case of a purchase pursuant to Section 9.01, on the Business Day prior to such Distribution Date, (iv) the amount, if any, by which the aggregate unpaid principal balance of any Replacement Mortgage Loan is less than the aggregate unpaid principal of the related Deleted Mortgage Loans delivered by the Depositor in connection with a substitution of a Mortgage Loan pursuant to Section 2.03(c), (v) all Liquidation Proceeds collected during the related Due Period (to the extent such Liquidation Proceeds related to principal), and (vi) with respect to the Distribution Date in the month immediately following the end of the Funding Period, any amounts in the Pre-Funding Account allocable to Loan Group II after giving effect to the purchase of any Subsequent Mortgage Loans, less all Non-Recoverable Advances relating to principal with respect to the Group II Mortgage Loans and all Non-Recoverable Advances reimbursed during the related Due Period.
Group II Principal Funds. With respect to the Group II Mortgage Loans and any Distribution Date, the sum, without duplication, of (i) the scheduled principal due during the related Due Period and received before the related Servicer Remittance Date or advanced on or before the related Servicer Remittance Date, (ii) prepayments collected in the related Prepayment Period, (iii) the Stated Principal Balance of each Mortgage Loan that was repurchased by the Depositor during the related Prepayment Period, (iv) the amount, if any, by which the aggregate unpaid principal balance of any Replacement Mortgage Loan is less than the aggregate unpaid principal of the related Deleted Mortgage Loans delivered by the Depositor in connection with a substitution of a Mortgage Loan pursuant to Section 2.03(c) and (v) all Liquidation Proceeds collected during the related Due Period (to the extent such Liquidation Proceeds related to principal) less all Non-Recoverable Advances relating to principal with respect to the Group II Mortgage Loans and all Non-Recoverable Advances reimbursed during the related Due Period.
Group II Principal Funds. With respect to any Master Servicer Remittance Date, the sum, without duplication, of (i) the scheduled principal actually collected by each Servicer with respect to Mortgage Loans in Group II during the related Due Period or advanced on or before such Master Servicer Remittance Date, (ii) the prepayments collected by each Servicer in the related Prepayment Period, (iii) the Scheduled Principal Balance of each Mortgage Loan in Group II that was repurchased to the extent such Scheduled Principal Balance was actually deposited in the Master Servicer Custodial Account on the related Master Servicer Remittance Date, (iv) any Substitution Shortfall delivered by the Seller in connection with a substitution of a Mortgage Loan in Group II to the extent such Substitution Shortfall was actually deposited in the Master Servicer Custodial Account on such Master Servicer Remittance Date, (v) all Liquidation Proceeds actually collected by each Servicer with respect to Mortgage Loans in Group II during the related Prepayment Period (to the extent deposited in the Master Servicer Custodial Account on such Master Servicer Remittance Date) less all Non-Recoverable Advances relating to principal reimbursed during the related Due Period and (vi) with respect to the Distribution Date immediately following the last day of the Funding Period, the Group II Pre-Funded Amount.
Group II Principal Funds. With respect to the Group II Mortgage Loans, the sum, without duplication, of (i) the scheduled principal collected during the related Due Period or Advanced on or before the related Servicer Advance Date, (ii) prepayments collected in the related Prepayment Period, (iii) the Stated Principal Balance of each Mortgage Loans that was repurchased by the Depositor, (iv) the amount, if any, by which the aggregate unpaid principal balance of any Replacement Mortgage Loan is less than the aggregate unpaid principal of the related Deleted Mortgage Loans delivered by the Depositor in connection with a substitution of a Mortgage Loan pursuant to Section 2.03(c) and (v) all Liquidation Proceeds collected during the related Due Period (to the extent such Liquidation Proceeds related to principal) less all Non-Recoverable Advances relating to principal reimbursed and all Non-Recoverable Servicing Advances reimbursed during the related Due Period.
Group II Principal Funds. With respect to any Distribution Date and Loan Group II, (i) the sum, without duplication, of (a) all scheduled principal collected during the related Due Period, (b) all Advances relating to principal made on or before the Distribution Account Deposit Date with respect to the Group II Mortgage Loans, (c) Principal Prepayments with respect to the Group II Mortgage Loans exclusive of prepayment charges or penalties collected during the related Prepayment Period, (d) the Stated Principal Balance of each Group II Mortgage Loan that was repurchased by EMC on its own behalf as a Seller and on behalf of Master Funding) pursuant to Sections 2.02 and 2.03, (e) the aggregate of all Substitution Adjustment Amounts for the related Determination Date in connection with the substitution of Group II Mortgage Loans pursuant to Section 2.03(d), (f) all Liquidation Proceeds and Subsequent Recoveries with respect to the Group II Mortgage Loans collected during the related Prepayment Period (to the extent such Liquidation Proceeds and Subsequent Recoveries relate to principal), in each case to the extent remitted by the Master Servicer to the Distribution Account pursuant to this Agreement and (g) amounts in respect of principal paid by the Majority Class II-C Certificateholder or the Master Servicer, as applicable, pursuant to Section 11.01, minus (ii) all amounts required to be reimbursed pursuant to Sections 5.02 and 5.09 or as otherwise set forth in this Agreement.
Group II Principal Funds. With respect to any Distribution Date and Pool II, the sum of (1) the principal portion of all scheduled monthly payments on the Pool II Mortgage Loans due on the related Due Date, to the extent received or advanced, (2) the principal portion of all proceeds of the repurchase of a Mortgage Loan from Pool II (or, in the case of a substitution, certain amounts representing a principal adjustment) as required by the Mortgage Loan Purchase Agreement during the preceding calendar month, (3) the principal portion of all other unscheduled collections received during the preceding calendar month in respect of the Pool II Mortgage Loans, including full and partial prepayments, the proceeds of any purchase of Pool II Mortgage Loans by the Seller or the Servicer, Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds and Subsequent Recoveries; net of any fees payable to, and other amounts reimbursable to, the Master Servicer, the Servicer, the Securities Administrator, the Trustee, the Custodian and the Delaware Trustee as provided in the Agreements (to the extent not reimbursed from Group II Interest Funds) to the extent allocable to Pool II, and (4) with respect to the Distribution Date in April 2007, the Initial Group II Principal Deposit.
Group II Principal Funds. With respect to the Group II Mortgage Loans and any Distribution Date, the sum, without duplication, of (i) the scheduled principal due during the related Due Period and received before the related Servicer Remittance Date or advanced on or before the related Servicer Remittance Date, (ii) prepayments collected in the related Prepayment Period, (iii) the Stated Principal Balance of each Mortgage Loan that was repurchased by the Depositor during the related Prepayment Period, (iv) the amount, if any, by which the aggregate unpaid principal balance of any Replacement Mortgage Loan is less than the aggregate unpaid principal of the related Deleted Mortgage Loans delivered by the Depositor in connection with a substitution of a Mortgage Loan pursuant to Section 2.03(c), (v) all Liquidation Proceeds collected during the related Due Period (to the extent such Liquidation Proceeds related to principal), and (vi) with respect to the Distribution Date in the month immediately following the end of the Funding Period, any amounts in the Pre-Funding Account allocable to Loan Group II after giving effect to the purchase of any Subsequent Mortgage Loans, less all Non-Recoverable Advances relating to principal with respect to the Group II Mortgage Loans and all Non- Recoverable Advances reimbursed during the related Due Period.