Overcollateralization Amount Sample Clauses

Overcollateralization Amount. The Overcollateralization Amount for the Series 2001-1 Securitization Bonds shall be as set forth in Schedule B hereto.
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Overcollateralization Amount. As of any Distribution Date, (a) the Pool Principal Balance as of the last day of the immediately preceding Due Period minus (b) the aggregate Class Certificate Balance of all Classes of Offered Certificates (after taking into account all distributions of principal on that Distribution Date).
Overcollateralization Amount. The Overcollateralization Amount for the Series 1999-1 Transition Bonds shall be $12,100,000.
Overcollateralization Amount. The Overcollateralization Amount for the Series 2002-1 Transition Bonds with respect to each Payment Date shall be as set forth in Schedule B hereto.
Overcollateralization Amount. As of any Distribution Date the amount, if any, by which the sum of the Aggregate Principal Balance of the Group I Loans as of the end of the related Due Period exceeds the Aggregate Class A Certificate Balance of the Group I Certificates after giving effect to distributions of principal to be made on such Distribution Date.
Overcollateralization Amount. The Overcollateralization Amount for the Series 2006-A Transition Bonds (the “Overcollateralization Amount”) shall be zero.
Overcollateralization Amount. Notwithstanding the foregoing, (I) on any Distribution Date prior to the Stepdown Date on which the Certificate Principal Balance of each Class of the Class A Certificates, the Class R Certificate, the Class M-1 Certificates, the Class M-2, the Class M-3, the Class M-4 and the Class M-5 Certificates has been reduced to zero, the Class M-6 Principal Distribution Amount will equal the lesser of (x) the outstanding Certificate Principal Balance of the Class M-6 Certificates and (y) 100% of the Principal Distribution Amount remaining after any distributions on such Class A, Class R, Class M-1, Class M-2, Class M-3, Class M-4 and Class M-5 Certificates and (II) in no event will the Class M-6 Principal Distribution Amount with respect to any Distribution Date exceed the Class M-6 Certificate Principal Balance.
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Overcollateralization Amount. If on any Distribution Date there is an increase in the Certificate Principal Amount of any Group II Certificate as a result of the proviso in the definition of Certificate Principal Amount, then there shall be a corresponding increase in the principal amount of the REMIC II-1 Regular Interests (other than the Class LTII1-IO Interest) allocated as follows: first, to each of the REMIC II-1 Regular Interests (other than the Class LTII1-X Interest and other than the Class LTII1-IO Interest) so that the principal balance of each such interest is as close as possible to 50% of the principal balance of its Corresponding Class; and second, to the Class LTII1-X Interest so that the principal balance of such interest is as close as possible to the sum of (x) 50% of the aggregate Scheduled Principal Balance of the Mortgage Loans in Pool 2 and Pool 3 and (y) 50% of the Pool 2-3 Overcollateralization Amount.
Overcollateralization Amount. The Overcollateralization Amount for the Series 2005-1 BGS Transition Bonds shall be zero.
Overcollateralization Amount. 26- Overcollateralization Increase Amount...............................-26
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