{"component": "definition", "props": {"groups": [{"size": 58, "samples": [{"hash": "hVJEkXxqFkC", "uri": "/contracts/hVJEkXxqFkC#required-overcollateralization-amount", "label": "Pooling and Servicing Agreement (RASC Series 2006-Ks4)", "score": 21.0, "published": true}, {"hash": "3DtKE6LCkyb", "uri": "/contracts/3DtKE6LCkyb#required-overcollateralization-amount", "label": "Pooling and Servicing Agreement (RASC Series 2006-Ks4)", "score": 21.0, "published": true}, {"hash": "edlY984J1J1", "uri": "/contracts/edlY984J1J1#required-overcollateralization-amount", "label": "Pooling and Servicing Agreement (RASC Series 2005-Ks11 Trust)", "score": 18.0, "published": true}], "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [0, 15]}, {"key": "distribution-date", "type": "definition", "offset": [20, 37]}, {"key": "prior-to-the", "type": "clause", "offset": [43, 55]}, {"key": "stepdown-date", "type": "definition", "offset": [56, 69]}, {"key": "equal-to", "type": "definition", "offset": [81, 89]}, {"key": "of-the-mortgage-loans", "type": "clause", "offset": [138, 159]}, {"key": "a-trigger-event", "type": "definition", "offset": [221, 236]}, {"key": "in-effect", "type": "clause", "offset": [244, 253]}, {"key": "aggregate-outstanding", "type": "definition", "offset": [306, 327]}, {"key": "after-giving", "type": "clause", "offset": [375, 387]}, {"key": "overcollateralization-floor", "type": "definition", "offset": [456, 483]}, {"key": "written-confirmation", "type": "definition", "offset": [734, 754]}, {"key": "rating-agency", "type": "definition", "offset": [777, 790]}, {"key": "class-of-certificates", "type": "definition", "offset": [856, 877]}, {"key": "current-rating", "type": "definition", "offset": [928, 942]}, {"key": "as-of-the-closing-date", "type": "clause", "offset": [987, 1009]}, {"key": "funding-corporation", "type": "definition", "offset": [1066, 1085]}, {"key": "delaware-corporation", "type": "definition", "offset": [1089, 1109]}, {"key": "as-seller", "type": "clause", "offset": [1127, 1136]}, {"key": "loans-to", "type": "clause", "offset": [1153, 1161]}, {"key": "the-depositor", "type": "clause", "offset": [1162, 1175]}], "snippet": "With respect to any Distribution Date, (a) prior to the Stepdown Date, an amount equal to 1.80% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date, (b) on or after the Stepdown Date if a Trigger Event is not in effect, the greater of (i) an amount equal to 3.60% of the aggregate outstanding Stated Principal Balance of the Mortgage Loans after giving effect to distributions made on that Distribution Date and (ii) the Overcollateralization Floor and (c) on or after the Stepdown Date if a Trigger Event is in effect, an amount equal to the Required Overcollateralization Amount from the immediately preceding Distribution Date. The Required Overcollateralization Amount may be reduced so long as written confirmation is obtained from each Rating Agency that such reduction shall not reduce the ratings assigned to any Class of Certificates by such Rating Agency below the lower of the then-current rating or the rating assigned to such Certificates as of the Closing Date by such Rating Agency. Residential Funding: Residential Funding Corporation, a Delaware corporation, in its capacity as seller of the Mortgage Loans to the Depositor and any successor thereto.", "hash": "c9dfd627a1ca1c0d1fb91d6de48c748f", "id": 1}, {"size": 34, "samples": [{"hash": "67HhOfVruP8", "uri": "/contracts/67HhOfVruP8#required-overcollateralization-amount", "label": "Pooling and Servicing Agreement (ACE Securities Corp. 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Senior Certificate: Any one of the Class A Certificates.", "hash": "8199679d863d0ab4cd75f32e717c8e61", "id": 3}, {"size": 22, "samples": [{"hash": "kVhfEthoO4X", "uri": "/contracts/kVhfEthoO4X#required-overcollateralization-amount", "label": "Pooling and Servicing Agreement (NovaStar Mortgage Funding Trust, Series 2004-3)", "score": 21.0, "published": true}, {"hash": "kFAD4b9ewL2", "uri": "/contracts/kFAD4b9ewL2#required-overcollateralization-amount", "label": "Pooling and Servicing Agreement (NovaStar Certificates Financing CORP)", "score": 21.0, "published": true}, {"hash": "hw42oBsCPD7", "uri": "/contracts/hw42oBsCPD7#required-overcollateralization-amount", "label": "Pooling and Servicing Agreement (NovaStar Mortgage Funding Trust, Series 2005-1)", "score": 21.0, "published": true}], "snippet_links": [{"key": "distribution-date", "type": "definition", "offset": [8, 25]}, {"key": "equal-to", "type": "definition", "offset": [29, 37]}], "snippet": "For any Distribution Date is equal 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{"size": 13, "samples": [{"hash": "kdKFt1RLJc5", "uri": "/contracts/kdKFt1RLJc5#required-overcollateralization-amount", "label": "Pooling and Servicing Agreement (Indymac Abs Inc)", "score": 18.0, "published": true}, {"hash": "k49U4wolqHX", "uri": "/contracts/k49U4wolqHX#required-overcollateralization-amount", "label": "Pooling and Servicing Agreement (Banc One Abs Corp)", "score": 18.0, "published": true}, {"hash": "isRUkpAsJAo", "uri": "/contracts/isRUkpAsJAo#required-overcollateralization-amount", "label": "Pooling and Servicing Agreement (Greenpoint Mortgage Securities Inc/)", "score": 18.0, "published": true}], "snippet_links": [{"key": "insurance-agreement", "type": "definition", "offset": [18, 37]}], "snippet": "As defined in the Insurance Agreement.", "hash": "92626c3121b64bae22c0c881dd100fb2", "id": 7}, {"size": 13, "samples": [{"hash": "dx7f3Vq3rmj", "uri": "/contracts/dx7f3Vq3rmj#required-overcollateralization-amount", "label": "Pooling and Servicing Agreement (Deutsche 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the aggregate Scheduled Principal Balance of the Initial Loans as of the Cut-Off Date and the amount on deposit in the Pre-Funding Account on the Closing Date. 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Rule 144A: Rule 144A under the Securities Act of 1933, as in effect from time to time.", "hash": "7db4748d71f9e2f1c7a4425db7b5f7d0", "id": 10}], "next_curs": "CnISbGoVc35sYXdpbnNpZGVyY29udHJhY3Rzck4LEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIucmVxdWlyZWQtb3ZlcmNvbGxhdGVyYWxpemF0aW9uLWFtb3VudCMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"size": 671, "title": "Required Overcollateralization Amount", "snippet": "With respect to any Distribution Date, (a) prior to the Stepdown Date, an amount equal to 1.80% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date, (b) on or after the Stepdown Date if a Trigger Event is not in effect, the greater of (i) an amount equal to 3.60% of the aggregate outstanding Stated Principal Balance of the Mortgage Loans after giving effect to distributions made on that Distribution Date and (ii) the Overcollateralization Floor and (c) on or after the Stepdown Date if a Trigger Event is in effect, an amount equal to the Required Overcollateralization Amount from the immediately preceding Distribution Date. The Required Overcollateralization Amount may be reduced so long as written confirmation is obtained from each Rating Agency that such reduction shall not reduce the ratings assigned to any Class of Certificates by such Rating Agency below the lower of the then-current rating or the rating assigned to such Certificates as of the Closing Date by such Rating Agency. Residential Funding: Residential Funding Corporation, a Delaware corporation, in its capacity as seller of the Mortgage Loans to the Depositor and any successor thereto.", "id": "required-overcollateralization-amount", "examples": ["As to any other Distribution Date, the <strong>Required Overcollateralization Amount</strong>.", "As to any Distribution Date on which a Delinquency Event does not exist, the <strong>Required Overcollateralization Amount</strong> without giving effect to the OC Floor calculation.", "The Issuer will meet the \u201cOvercollateralization Test\u201d if, on any date of determination, the sum of the Outstanding Receivables Balance of all Eligible Receivables plus the amount on deposit in the Collection Account equals or exceeds the sum of the outstanding principal amount of the Notes plus the <strong>Required Overcollateralization Amount</strong>.", "In addition, the <strong>Required Overcollateralization Amount</strong> may be reduced with the prior written consent of the Rating Agencies.", "In addition, on each Transfer Date, the Depositor agrees to offer for sale to the Issuer and the Issuer agrees to purchase from the Depositor additional Loans in an amount sufficient to maintain the <strong>Required Overcollateralization Amount</strong>.", "On or after the Stepdown Date if a Trigger Event is in effect for such Payment Date, the <strong>Required Overcollateralization Amount</strong> will equal the <strong>Required Overcollateralization Amount</strong> in effect on the immediately preceding Payment Date.", "On each Payment Date, Noteholders will be entitled to receive interest payments in an aggregate amount equal to the related Note Interest for such Payment Date, together with principal payments in an aggregate amount equal to the Monthly Principal plus, until the Overcollateralization Amount is equal to the <strong>Required Overcollateralization Amount</strong>, Excess Cash, if any, for such Payment Date.", "In addition, in connection with the Issuer\u2019s obligation to maintain the <strong>Required Overcollateralization Amount</strong> hereunder, the Issuer shall, if directed by Initial Noteholder, effect Dispositions in accordance with the Basic Documents and this Section 3.06.", "As to any other Distribution Date, the <strong>Required Overcollateralization Amount</strong> II.", "I OPERATING LEASE VEHICLE AMOUNT&quot; means, as of any date of determination, the excess, if any, of (x) the sum of the Series 2002-2 <strong>Required Overcollateralization Amount</strong> and the Series 2002-2 Invested Amount as of such date over (y) the sum of the Series 2002-2 VFN Percentage of the AESOP I Finance Lease Loan Agreement Borrowing Base and the Series 2002-2 VFN Percentage of the AESOP II Loan Agreement Borrowing Base as of such date."], "related": [["target-overcollateralization-amount", "Target Overcollateralization Amount", "Target Overcollateralization Amount"], ["excess-overcollateralization-amount", "Excess Overcollateralization Amount", "Excess Overcollateralization Amount"], ["specified-overcollateralization-amount", "Specified Overcollateralization Amount", "Specified Overcollateralization Amount"], ["targeted-overcollateralization-amount", "Targeted Overcollateralization Amount", "Targeted Overcollateralization Amount"], ["overcollateralization-amount", "Overcollateralization Amount", "Overcollateralization Amount"]], "related_snippets": [], "updated": "2025-10-31T06:48:32+00:00"}, "json": true, "cursor": ""}}