Examples of Overcollateralization Release Amount in a sentence
With respect to any Distribution Date on which a Trigger Event is in effect, the Overcollateralization Release Amount will be zero.
Overcollateralization Release Amount 0.00 0.00 0.00 VII Trigger Information 1.
Any Excess Spread remaining after the distribution of the Extra Principal Distribution amount will be the Remaining Excess Spread and, together with any Overcollateralization Release Amount, will be applied as Excess Cashflow as described under “—Excess Spread and Overcollateralization Provisions”.
Under the Governing Agreements, Excess Cashflow is defined as the sum of any Remaining Excess Spread and any Overcollateralization Release Amount.
If there is any Overcollateralization Release Amount in a particular payment period, funds equal to the Overcollateralization Release Amount are distributed as certain excess proceeds under the waterfalls.