A provision in a COLLATERALIZED MORTGAGE OBLIGATION requiring a portion of the issue to be retired if PREPAYMENTS rise to a level where insufficient CASH FLOW exists to meet scheduled payments of PRINCIPAL and COUPON interest.
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A provision in a COLLATERALIZED MORTGAGE OBLIGATION requiring a portion of the issue to be retired if PREPAYMENTS rise to a level where insufficient CASH FLOW exists to meet scheduled payments of PRINCIPAL and COUPON interest.
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