Examples of Remaining Excess Spread in a sentence
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”.
Remaining Excess Spread is then paid to the holder of the Collateral Interest.
However, Applied Realized Loss Amounts may be repaid to the holders of the Class A Certificates from Remaining Excess Spread, according to the priorities set forth under “– Excess Spread and Overcollateralization Provisions” above.
Remaining Excess Spread distributed to Collateral Interest Holder(s)$32,490,789.65O.
Remaining Excess Spread Distributed to Collateral Interest Holder: $6,914,972.68 O.