“Over-Collateralization Amount” shall mean, as of any date of determination, percent () of the Funds Withheld Reserves (but calculated excluding Post-Effective Time IMR); provided, however, that notwithstanding the foregoing, the Over-Collateralization Amount shall be percent () of the Funds Withheld Reserves (but calculated excluding Post-Effective Time IMR) during any Over-Collateralization Amount Increase Event.
“Over-Collateralization Amount” shall mean, as of any date of determination, of an amount equal to # the Ceded Reserves plus IMR minus # the Contract Loan Balance, in each case as of such date.
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.