The Pool Balance. 11. With respect to the Mortgage Pool, the number of Mortgage Loans outstanding at the beginning and at the end of the related Due Period.
The Pool Balance Sample Clauses
Related to The Pool Balance
Pool Balance 1. Pool Balance on the close of the last day of the preceding Collection Period $
Principal Balance Each Receivable had a remaining Principal Balance as of the Cutoff Date of not less than $500.
Original Class B Principal Balance The Original Class B Principal Balance is $12,493,405.52.
ORIGINAL CLASS A NON-PO PRINCIPAL BALANCE The Original Class A Non-PO Principal Balance is $170,009,500.00.
Net Receivables Balance Seller has determined that, immediately after giving effect to each purchase hereunder, the Net Receivables Balance is at least equal to the sum of (i) the Aggregate Capital, plus (ii) the Aggregate Reserves.
Cut-Off Date Aggregate Principal Balance The Cut-Off Date Aggregate Principal Balance is $850,069,757.10
Outstanding Principal Balance Each Receivable has an outstanding principal balance of at least $500.
Remaining Principal Balance At the Cutoff Date the Principal Balance of each Receivable set forth in the Schedule of Receivables is true and accurate in all material respects.
Simple Interest Receivables All of the Receivables are Simple Interest Receivables.
Outstanding Balance The balance on Lender's books and records shall be presumptive evidence (absent manifest error) of the amounts owing to Lender by the Borrowers; provided that any failure to record any transaction affecting such balance or any error in so recording shall not limit or otherwise affect the Borrowers' obligation to pay the Obligations.
