OC Floor. An amount equal to 0.50% of the Pool Balance as of the Cut-Off Date.
OC Floor. With respect to any Distribution Date, an amount equal to 0.50% of the sum of the aggregate Cut-off Date Principal Balance of the Initial Mortgage Loans and the Pre-Funded Amount.
OC Floor. For any Distribution Date, 0.50% of the Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.
More Definitions of OC Floor
OC Floor. An amount equal to 0.50% of the Cut-off Date Pool Principal Balance of the Mortgage Loans.
OC Floor. An amount equal to 0.50% of the aggregate Stated Principal Balance of the Loans as of the Cut-off Date.
OC Floor. An amount equal to 0.50% of the aggregate Certificate Principal Balance of the Offered Certificates as of the Closing Date. (i.e., $875,000).
OC Floor. An amount equal to 0.50% of the sum of the Initial Cut-off Date Pool Principal Balance and the Pre-Funded Amount.
OC Floor means an amount equal to 0.50% of the sum of the Initial Cut-off Date Pool Principal Balance and the original Pre-Funded Amount.
OC Floor means an amount equal to 0.50% of the sum of the aggregate Loan Pool Balance as of the initial Cut-off Date plus the amount deposited in the Additional Loan Account on the Closing Date.
OC Floor. With respect to any Distribution Date prior to the Distribution Date in December 2026, an amount equal to 0.35% of the sum of the Initial Cut-off Date Pool Principal Balance and the original Pre-funded Amount. With respect to any Distribution Date on or after the Distribution Date in December 2026, the greater of (a) 0.35% of the sum of the Initial Cut-off Date Pool Principal Balance and the original Pre-funded Amount and (b) the sum of (x) the aggregate Stated Principal Balance of the 40-Year Mortgage 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) and (y) 0.10% of the sum of the Initial Cut-off Date Pool Principal Balance and the original Pre-funded Amount.