Original Additional Collateral Requirement definition

Original Additional Collateral Requirement. With respect to any Additional Collateral Mortgage Loan, an amount equal to the Additional Collateral required at the time of the origination of such Additional Collateral Mortgage Loan in order to achieve an Effective Loan-to-Value Ratio for such Additional Collateral Mortgage Loan, generally equal to seventy percent (70%); for purposes of the Required Surety Payment, in no event shall the Original Additional Collateral Requirement for an Additional Collateral Mortgage Loan exceed thirty percent (30%) of its original principal balance.
Original Additional Collateral Requirement. With respect to any Additional Collateral Mortgage Loan, generally 30 percent of the original principal balance of such Mortgage Loan or such lesser percentage thereof as is specified by MLCC in connection with the origination of such Additional Collateral Mortgage Loan.
Original Additional Collateral Requirement means, with respect to any Additional Collateral Mortgage Loan, generally 30 percent of the original principal balance of such Mortgage Loan or such other percentage thereof as is specified by MLCC in connection with the origination of such Additional Collateral Mortgage Loan.

Examples of Original Additional Collateral Requirement in a sentence

  • The required amount of such collateral is at least equal to the Original Additional Collateral Requirement for such Parent Power® Mortgage Loan.

  • The required amount of such collateral is at least equal to the Original Additional Collateral Requirement for such Parent Power(R) Mortgage Loan.

  • The Load Customer will inform GLPL 30 business days prior to commissioning of the Load Rejection Scheme(s) and GLP will retain the right to witness the testing and commissioning to confirm satisfactory performance of such systems at the sole discretion of GLP.

  • The required amount of such collateral is at least equal to the Original Additional Collateral Requirement fog such ParentPower(R) Mortgage Loan.

  • Each Mortgage Loan which is secured by additional collateral in the form of a security interest in marketable securities having a market value, as of the date of such loan’s origination, of at least equal to the Original Additional Collateral Requirement.


More Definitions of Original Additional Collateral Requirement

Original Additional Collateral Requirement. With respect to any Additional Collateral Mortgage Loan, 30 percent (or, in the case of an Additional Collateral Mortgage Loan with an original principal balance of $1,000,000 or less and a Loan-to-Value Ratio less than 100%, such lower percent specified by the Master Servicer in originating such Additional Collateral Mortgage Loan) of the original principal balance of such Mortgage Loan.
Original Additional Collateral Requirement means with respect to any Additional Collateral Mortgage Loan, an amount equal to the Additional Collateral required at the time of origination of such mortgage loan in order to achieve an Loan-to-Value Ratio equal to a maximum of 70%.
Original Additional Collateral Requirement. With respect to any ------------------------------------------ Additional Collateral Mortgage Loan, an amount equal to the Additional Collateral required by the Company at the time of the origination of such Additional Collateral Mortgage Loan in order to achieve a Loan-to-Value Ratio for such Additional Collateral Mortgage Loan, generally equal to seventy percent (70%); for purposes of the Required Surety Payment, in no event shall the Original Additional Collateral Requirement for an Additional Collateral Mortgage Loan exceed thirty percent (30%) of its original principal balance.
Original Additional Collateral Requirement. With respect to any Additional Collateral Mortgage Loan, the minimum percentage specified in the Underwriting Guidelines.
Original Additional Collateral Requirement. With respect to any Additional Collateral Mortgage Loan, an amount equal to the Additional Collateral required by the Company at the time of the origination of such Additional Collateral Mortgage Loan in order to achieve a Constructive Loan-to-Value Ratio for such Additional Collateral Mortgage Loan, generally equal to seventy percent (70%); for purposes of the Required Surety Payment, in no event shall the Original Additional Collateral Requirement for an Additional Collateral Mortgage Loan exceed thirty percent (30%) of its original principal balance. ORIGINAL CLASS A PRINCIPAL BALANCE: $689,500,000. ORIGINAL CLASS B PRINCIPAL BALANCE: $10,500,000. ORIGINAL POOL PRINCIPAL BALANCE: (including the Pre-Funded Amount) $700,000,000. ORIGINAL PRE-FUNDED AMOUNT: $82,768,119. ORIGINAL SUBORDINATION LEVEL: The percentage derived from the fraction the numerator of which is the Original Class B Principal Balance and the denominator of which is the Original Pool Principal Balance, which percentage is 1.50%.
Original Additional Collateral Requirement means, with respect to any Additional Collateral Loan, an amount equal to the value of the Additional Collateral required at the time of the origination of such Additional Collateral Loan in order to achieve an Effective LTV equal to a maximum of 70%.
Original Additional Collateral Requirement means, with respect to any Additional Collateral Mortgage Loan, generally [* * *] of the original principal balance of such Mortgage Loan or such other [* * *] as is specified by MLCC in connection with the origination of such Additional Collateral Mortgage Loan.