o to which Structured Finance Obligation relates divided by initial par amount of total securities issued by Structured Finance Obligation issuer. "Moody's Weighted Average Recovery Rate": As of any date of determination, the number obtained by (a) multiplying the applicable Moody's Recovery Rate as of such date of each Collateral Ob

very Rate": The meaning specified on the Moody's Rating Schedule. "Moody's Spread Modifier": The meaning specified on the Moody's Rating Schedule. "Moody's Weighted Average Recovery Rate": The number obtained by (i) summing the products obtained by multiplying the Principal Balance of each Pledged Collateral Obligation (other than a

ar interpolation between two rows and/or two columns, as applicable) minus (b) the Moody's Spread Modifier. "Moody's": Moody's Investors Service. "Moody's Weighted Average Recovery Rate": The number obtained by (i) summing the products obtained by multiplying the Principal Balance of each Collateral Obligation (other than a Defaulte

(y) the sum of (i) 0.87% and (ii) the product of (A) the excess of the Moody's Weighted Average Recovery Rate over 60.00% and (B) 5.50%. "Gross Excess Coupon": As of any date of determination, an amount equal to the product of (a) the excess, if any, of the

e to which Structured Finance Obligation relates divided by initial par amount of total securities issued by Structured Finance Obligation issuer. "Moody's Weighted Average Recovery Rate": As of any date of determination, the number obtained by (a) multiplying the applicable Moody's Recovery Rate as of such date of each Collateral O