Group II Overcollateralized Amount definition

Group II Overcollateralized Amount. With respect to any Distribution Date on which an Overcollateralized Amount exists, the excess, if any, of (i) the sum of (a) the aggregate Scheduled Principal Balance of the Group II Mortgage Loans plus (b) the aggregate Scheduled Principal Balance of the REO Properties in Loan Group II over (ii) the Certificate Principal Balance of the Class II-A Certificates immediately prior to such Distribution Date, in each case, before reduction for any Realized Losses on such Distribution Date.
Group II Overcollateralized Amount. With respect to any Distribution Date, the amount, if any, by which (i) the aggregate Stated Principal Balance of the Group II Mortgage Loans on the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) exceeds (ii) the sum of the aggregate Certificate Principal Balances of the Class II-A Certificates and the Uncertificated Principal Balance of REMIC 4 Regular Interest LT4-IIP as of such Distribution Date (after giving effect to distributions of the Group II Principal Remittance Amount to be made on such Distribution Date).
Group II Overcollateralized Amount. With respect to any Distribution Date on which an Overcollateralized Amount exists, the excess, if any, of (i) the sum of (a) the aggregate of the Non-Class PO Percentages of the Scheduled Principal Balances of the Group II Mortgage Loans plus (b) the aggregate of the Non-Class PO Percentages of the Scheduled Principal Balances of the REO Properties in Loan Group II over (ii) the aggregate Certificate Principal Balance of the Class A-2 Certificates immediately prior to such Distribution Date, in each case, before reduction for any Realized Losses on such Distribution Date.

More Definitions of Group II Overcollateralized Amount

Group II Overcollateralized Amount. As of any Distribution Date, the excess, if any, of (a) the aggregate Stated Principal Balance of the Group II Mortgage Loans for such Distribution Date over (b) the aggregate of the Class Certificate Balances of the Group II Certificates as of such Distribution Date (after giving effect to the payment of the Group II Principal Remittance Amount on such Certificates on such Distribution Date).
Group II Overcollateralized Amount. For any Distribution Date, the amount, if any, by which (i) the sum of the aggregate Stated Principal Balance of the Group II Mortgage Loans on the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period and after giving effect to the distributions of principal to be made on such Distribution Date) plus the amount of any remaining funds in the Group II Pre-Funding Account (exclusive of any investment income therein) exceeds (ii) the sum of the aggregate Certificate Principal Balances of the Class II-A Certificates and the Class II-M1 Certificates, the Uncertificated Principal Balance of REMIC 3 Uncertificated Regular Interest LT3-IIP, and the aggregate Component Principal Balances of the Group II Mezzanine Components as of such Distribution Date (after giving effect to distributions to be made on such Distribution Date).
Group II Overcollateralized Amount. With respect to any Distribution Date, the amount, if any, by which (i) the aggregate Stated Principal Balance of the Group II Mortgage Loans on the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) exceeds (ii) the sum of the aggregate Certificate Principal Balances of the Class II-A Certificates, the Class II-M1 Certificates, the Uncertificated Principal Balance of REMIC 5 Regular Interest LT5-IIP, and the aggregate Component Principal Balances of the Group II Mezzanine Components as of such Distribution Date (after giving effect to distributions to be made on such Distribution Date, other than distributions of the Group II Extra Principal Distribution Amount, if any).
Group II Overcollateralized Amount. With respect to any Distribution Date, is the excess, if any, of (a) the aggregate Stated Principal Balance of Loan Group II as of the last day of the related Due Period over (b) the aggregate Certificate Principal Balance of the Group II Offered Certificates on such Distribution Date (after taking into account the payment of principal other than any Group II Extra Principal Distribution Amount on such Certificates).
Group II Overcollateralized Amount. As of any Distribution Date, the excess, if any, of (a) the aggregate Stated Principal Balances of the Group II Mortgage Loans and REO Properties as of the last day of the related Due Period over (b) the sum of the aggregate Certificate Principal Balances of the Class II-A Certificates, the Class II-M1 Certificates and the Class II-P Certificates and the aggregate Component Principal Balances of the Group II Mezzanine Components as of such Distribution Date (after taking into account the payment of the amounts described in clauses (b)(i) through (iv) of the definition of Group II Principal Distribution Amount on such Distribution Date).
Group II Overcollateralized Amount. With respect to any Distribution Date, the amount, if any, by which (i) the aggregate Stated Principal Balance of the Group II Mortgage Loans on the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) exceeds (ii) the sum of the aggregate Certificate Principal Balances of the Class II-A Certificates, the Class II-M1 Certificates, the Class II-M4 Certificates, the Uncertificated Principal Balance of REMIC 3 Regular Interest LT3-IIP, and the aggregate Component Principal Balances of the Group II Mezzanine Components as of such Distribution Date (after giving effect to distributions to be made on such Distribution Date, other than distributions of the Group II Extra Principal Distribution Amount, if any).
Group II Overcollateralized Amount. With respect to any Distribution Date, the excess, if any, of (a) the aggregate Stated Principal Balances of the Group II Mortgage Loans and REO Properties as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) over (b) the sum of the aggregate Certificate Principal Balance of the Class AV Certificates, the Group II Mezzanine Certificates and the Class P-2 Certificates after giving effect to distributions to be made on such Distribution Date.