Overcollateralization Deficiency Amount definition

Overcollateralization Deficiency Amount. With respect to any Distribution Date, the amount, if any, by which the Overcollateralization Target Amount exceeds the Overcollateralized Amount on such Distribution Date (assuming that 100% of the Principal Remittance Amount is applied as a principal distribution on such Distribution Date).
Overcollateralization Deficiency Amount. With respect to any Payment Date, the excess, if any, of the Targeted Overcollateralization Amount for that Payment Date over the Overcollateralization Amount for that Payment Date.
Overcollateralization Deficiency Amount. With respect to any Distribution Date, the amount, if any, by which (x) the Targeted Overcollateralization Amount for such Distribution Date exceeds (y) the Overcollateralization Amount for such Distribution Date, calculated for this purpose after giving effect to the reduction on such Distribution Date of the aggregate Certificate Principal Balance of the Publicly Offered Certificates resulting from the payment of the Principal Remittance Amount on such Distribution Date, but prior to allocation of any Applied Loss Amount on such Distribution Date.

More Definitions of Overcollateralization Deficiency Amount

Overcollateralization Deficiency Amount. With respect to any Payment Date, the excess, if any, of (a) the Overcollateralization Target Amount applicable to such Payment Date over (b) the Overcollateralized Amount applicable to such Payment Date (calculated for this purpose only, after assuming that 100% of the Principal Remittance Amount on such Payment Date has been paid).
Overcollateralization Deficiency Amount. With respect to any Distribution Date, the amount, if any, by which the Overcollateralization Target Amount exceeds the Overcollateralized Amount on such Distribution Date (after giving effect to distributions in respect of the Group I Basic Principal Distribution Amount, the Group II Basic Principal Distribution Amount and the Group III Basic Principal Distribution Amount on such Distribution Date).
Overcollateralization Deficiency Amount means, for any Payment Date, the excess, if any, of (i) the Required Overcollateralization Amount on such Payment Date over (ii) the Pro Forma Overcollateralization Amount on such Payment Date.
Overcollateralization Deficiency Amount. With respect to any Payment Date and either Group, the difference, if greater than zero, between (a) the Specified Overcollateralization Amount for such Group applicable to such Payment Date and (b) the Overcollateralization Amount for such Group applicable to such Payment Date prior to taking into account the payment of any related Overcollateralization Increase Amount for such Group on such Payment Date.
Overcollateralization Deficiency Amount. With respect to any Distribution Date, the excess, if any, of the Overcollateralization Target Amount over the Overcollateralization Amount (such Overcollateralization Amount to be calculated after giving effect to all prior distributions on the Classes of Securities on such Distribution Date pursuant to Section 5.01(c)(i) and (ii) hereof).
Overcollateralization Deficiency Amount. With respect to any Distribution Date, the difference, if greater than zero, between (a) the Specified Overcollateralized Amount applicable to such Distribution Date and (b) the Overcollateralized Amount applicable to such Distribution Date prior to taking into account the payment of any related Overcollateralization Increase Amount on such Distribution Date.
Overcollateralization Deficiency Amount means an amount on any Payment Date equal to the excess, if any, of (i) the Required Overcollateralization Amount on such Payment Date over (ii) the Pro Forma Overcollateralization Amount on such Payment Date, which in no event shall be less than zero.