REMIC II Overcollateralized Amount definition

REMIC II Overcollateralized Amount. With respect to any date of determination, (i) 1% of the aggregate Uncertificated Balance of the REMIC II Regular Interests (other than REMIC II Regular Interest II-LTP and REMIC II Regular Interest II-LTIO) minus (ii) the aggregate Uncertificated Balance of REMIC II Regular Interest II-LTA1, REMIC II Regular Interest II-LTA2, REMIC II Regular Interest II-LTA3, REMIC II Regular Interest II-LTA4, REMIC II Regular Interest II-LTM1, REMIC II Regular Interest II-LTM2, REMIC II Regular Interest II-LTM3, REMIC II Regular Interest II-LTM4, REMIC II Regular Interest II-LTM5, REMIC II Regular Interest II-LTM6, REMIC II Regular Interest II-LTM7, REMIC II Regular Interest II-LTM8, REMIC II Regular Interest II-LTM9, REMIC II Regular Interest II-LTM10 and REMIC II Regular Interest II-LTM11, in each case as of such date of determination.
REMIC II Overcollateralized Amount. With respect to any date of determination, (i) 1% of the aggregate Uncertificated Principal Balances of the REMIC II Regular Interests minus (ii) the aggregate Uncertificated Principal Balances of the REMIC II Regular Interests (other than REMIC II Regular Interests I-AA and I-ZZ), in each case as of such date of determination.
REMIC II Overcollateralized Amount. With respect to any date of determination, (i) 0.50% of the aggregate Class Principal Balances of the Class L2-XX, L2-1-A1, L2-2-A1, L2-2-A2, L2-2-A3, L2-M1, L2-M2, L2-M3, L2-M4, L2-M5, L2-M6, L2-M7, L2-M8, L2-M9, L2-B1, L2-B2 and L2-ZZ Regular Interests minus (ii) the aggregate of the Uncertificated Principal Balances of the Class L2‑1‑A1, L2‑2‑A1, L2‑2‑A2, L2-2-A3, L2-M1, L2-M2, L2-M3, L2-M4, L2-M5, L2-M6, L2-M7, L2-M8, L2-M9, L2-B1 and L2-B2 Regular Interests, in each case as of such date of determination.

More Definitions of REMIC II Overcollateralized Amount

REMIC II Overcollateralized Amount. With respect to any date of determination, (i) 1% of the aggregate Uncertificated Balances of the REMIC II Regular Interests minus (ii) the aggregate of the Uncertificated Balances of REMIC II Regular Interest II-LTA1, REMIC II Regular Interest II-LTA2, REMIC II Regular Interest II-LTM1, REMIC II Regular Interest II-LTM2, REMIC II Regular Interest II-LTM3 and REMIC II Regular Interest II-LTM4, in each case as of such date of determination.
REMIC II Overcollateralized Amount. With respect to any date of determination, (i) 0.50% of the aggregate Uncertificated Balance of the REMIC II Regular Interests, other than REMIC II Regular Interest P, minus (ii) the aggregate Uncertificated Balance of each REMIC II Regular Interest for which a Class A or Subordinate Certificate is a Corresponding Certificate, in each case as of such date of determination.
REMIC II Overcollateralized Amount. With respect to any date of determination, (i) 1% of the aggregate Uncertificated Balances of the REMIC II Regular Interests minus (ii) the aggregate of the Uncertificated Balances of REMIC II Regular Interest II-LTAF1, REMIC II Regular Interest II-LTAV1, REMIC II Regular Interest II-LTA2, REMIC II Regular Interest II-LTM1, REMIC II Regular Interest II-LTM2, REMIC II Regular Interest II-LTM3 and REMIC II Regular Interest II-LTM4, in each case as of such date of determination.
REMIC II Overcollateralized Amount. With respect to any date of determination, (i) 0.50% of the aggregate Class Principal Balances of the Class L2-XX, L2-1-A, L2-2-A1, L2-2-A2, L2-2-A3, L2-M1, L2-M2, L2-M3, L2-M4, L2-M5, L2-M6, L2-M7, L2-M8, L2-M9 and L2-ZZ Regular Interests minus (ii) the aggregate of the Uncertificated Principal Balances of the Class L2-1-A, L2‑2‑A1, L2‑2‑A2, L2-2-A3, L2-M1, L2-M2, L2-M3, L2-M4, L2-M5, L2-M6, L2-M7, L2-M8 and L2-M9 Regular Interests, in each case as of such date of determination. REMIC II Overcollateralization Target Amount: 0.50% of the Overcollateralization Target Amount.
REMIC II Overcollateralized Amount. With respect to any date of determination, (i) 1/2 of the aggregate of the REMIC II Principal Balances of the REMIC II Regular Interests IIA, IIB, IIC, IID, IIE and IIF minus (ii) the REMIC II Principal Balance of REMIC II Regular Interests IIB, IIC, IID and IIE in each case as of such date of determination.
REMIC II Overcollateralized Amount. With respect to any date of determination, (i) 0.50% of the aggregate Class Principal Balances of the Class L2-XX, X0-0-X0, X0-0-X0, X0-0- X0, X0-0-X0, X0-0-X0, X0-X0, X0-X0, X0-X0, L2-M4, L2-M5, L2-M6, L2-M7, L2-M8, L2- M9, L2-M10, L2-M11, and L2-ZZ Regular Interests minus (ii) the aggregate of the Uncertificated Principal Balances of the Class X0-0-X0, X0-0-X0, X0-0-X0, X0-0-X0, X0-0-X0, X0-X0, X0-X0, X0-X0, L2-M4, L2-M5, L2-M6, L2-M7, L2-M8, L2-M9, L2-M10, and L2-M11 Regular Interests, in each case as of such date of determination. REMIC II Overcollateralization Target Amount: 0.50% of the Overcollateralization Target Amount.
REMIC II Overcollateralized Amount. With respect to any date of determination, (i) 1.00% of the aggregate Uncertificated Principal Balances of the REMIC II Regular Interests (other than REMIC II Regular Interest MT-A-IO, REMIC II Regular Interest MT-P and REMIC II Regular Interest MT-R) minus (ii) the Uncertificated Principal Balances of REMIC II Regular Interest MT-A-1, REMIC II Regular Interest MT-A-2, REMIC II Regular Interest MT-A-3, REMIC II Regular Interest MT-A-3M, REMIC II Regular Interest MT-A-4, REMIC II Regular Interest MT-M-1, REMIC II Regular Interest MT-M-2, REMIC II Regular Interest MT-M-3, REMIC II Regular Interest MT-M-4, REMIC II Regular Interest MT-M-5, REMIC II Regular Interest MT-M-6, REMIC II Regular Interest MT-M-7, and REMIC II Regular Interest MT-B, in each case as of such date of determination. REMIC II Overcollateralization Target Amount: 1.00% of the Overcollateralization Target Amount.