Remaining Excess Spread definition

Remaining Excess Spread. With respect to any Distribution Date, the Excess Spread less any Extra Principal Distribution Amount, in each case for such Distribution Date.

Remaining Excess Spread. With respect to any Distribution Date and any Loan Group, the Excess Spread relating to such Loan Group less any Extra Principal Distribution Amount relating to such Loan Group, in each case for such Distribution Date.

Remaining Excess Spread. With respect to any Distribution Date, the excess of the related Excess Spread over the related Extra Principal Distribution Amount.

Examples of Remaining Excess Spread in a sentence

• In addition in no event will the Certificate Principal Balance of any Certificate be reduced more than once in respect of any particular amount both (i) allocable to such Certificate in respect of Realized Losses and (ii) payable as principal to the Holder of such Certificate from Remaining Excess Spread.

• Any Remaining Excess Spread together with any Overcollateralization Release Amount will be applied as Excess Cashflow and distributed pursuant to clauses (3)(A) through (H) below.

• Any Remaining Excess Spread together with any Overcollateralization Release Amount will be applied as Excess Cashflow and distributed pursuant to clauses (4)(A) through (G) below.

• Any Remaining Excess Spread together with any Overcollateralization Release Amount will be applied as Excess Cashflow and distributed pursuant to clauses (4)(A) through (H) below.

• Any Remaining Excess Spread together with any Overcollateralization Release Amount will be applied as Excess Cashflow and distributed pursuant to clauses (3)(A) through (G) below.

More Definitions of Remaining Excess Spread

Remaining Excess Spread. With respect to any Distribution Date is the Excess Spread less the any Extra Principal Distribution Amount, in each case for such Distribution Date.

Remaining Excess Spread. With respect to any Distribution Date and each Loan Group, the related Excess Spread remaining after distribution of any related Extra Principal Distribution Amount for such Distribution Date.

Remaining Excess Spread. With respect to any Distribution Date, the Excess Spread less (i) any Extra Principal Distribution Amount, in each case for such Distribution Date and (ii) any unpaid Reimbursement Amounts related to interest or principal draws not previously paid to the Certificate Insurer pursuant to Sections 5.04(a)(1), (2) and (3).

Remaining Excess Spread. With respect to Loan Group I and any Distribution Date, the Excess Spread for Loan Group I, less the sum of (i) any Group I Overcollateralization Increase Amount, in each case, for such Distribution Date and (ii) any unpaid Class I-A-3 Reimbursement Amount related to interest or principal draws not previously paid to the Class I-A-3 Insurer other than pursuant to Section 6.10.

Remaining Excess Spread. With respect to any Distribution Date and each Loan Group, the related Excess Spread remaining after distribution of any related Extra Principal Distribution Amount for such Distribution Date. REMIC: A "real estate mortgage investment conduit" within the meaning of Section 860D of the Code. REMIC Administrator: The Trustee; provided that if the REMIC Administrator is found by a court of competent jurisdiction to no longer be able to fulfill its obligations as REMIC Administrator under this Agreement the Servicer shall appoint a successor REMIC Administrator, subject to assumption of the REMIC Administrator obligations under this Agreement.

Remaining Excess Spread. With respect to any Distribution Date, the positive excess, if any, of (a) Available Funds for the Distribution Date over (b) the sum for that Distribution Date of (i) the aggregate Class Monthly Interest Distribution Amount for each Class of Offered Certificates and (ii) the aggregate of the Class A Principal Distribution, Class M-1 Principal Distribution and Class M-2 Principal Distribution.

Remaining Excess Spread. With respect to Loan Group I and any Distribution Date, (i) the Excess Spread for Loan Group I, less (ii) the Group I Extra Principal Distribution Amount for such Distribution Date.