Initial Pool Balance Sample Clauses
The Initial Pool Balance clause defines the starting amount of assets or funds that are included in a financial pool at the commencement of an agreement, such as in a securitization or investment structure. This clause typically specifies the total value or number of assets, such as loans or receivables, that make up the pool at the closing date. By clearly establishing the initial composition and value of the pool, the clause ensures transparency for all parties and provides a reference point for future calculations, distributions, or performance assessments.
Initial Pool Balance. Any Trust Student Loans remaining in the Trust as of the end of the Collection Period immediately preceding the Trust Auction Date will be offered for sale by the Indenture Trustee by auction in accordance with the procedure described in the Indenture. This Excess Distribution Certificate shall be construed in accordance with the laws of the State of Delaware, without reference to its conflict of law provisions, and the obligations, rights and remedies of the parties hereunder shall be determined in accordance with such laws.
Initial Pool Balance. Any Trust Student Loans remaining in the Trust as of the end of the Collection Period immediately preceding the Trust Auction Date will be offered for sale by the Indenture Trustee by auction in accordance with the procedure described in the Indenture. This Excess Distribution Certificate shall be construed in accordance with the laws of the State of Delaware, without reference to its conflict of law provisions, and the obligations, rights and remedies of the parties hereunder shall be determined in accordance with such laws. FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE ________________________________________________________________________________ (Please print or type name and address, including postal zip code, of assignee) ________________________________________________________________________________ the within Excess Distribution Certificate, and all rights thereunder, hereby irrevocably constituting and appointing _______________________________________________________________________ Attorney to transfer said Excess Distribution Certificate on the books of the Excess Distribution Certificate Registrar, with full power of substitution in the premises. Dated: ______________________________* Signature Guaranteed: ______________________________*
Initial Pool Balance. Section 1.1
Initial Pool Balance. All leave donated to the pool shall be converted to the members 40-hour rate and added to the pool balance. The initial pool balance shall be made up of donations kept in the special union time pool. All bargaining unit members who donated the amount required for pool membership shall be made Sick Leave Pool members, as long as they meet all other eligibility requirements. If they do not meet the other requirements, they may become Sick Leave Pool members upon meeting said requirements. Any bargaining unit members who donated less than that required for pool membership may donate the remainder of the required amount to become a pool member.
Initial Pool Balance. 28 Initial Sub-Pool I Balance................................................. 28 Initial Sub-Pool II Balance................................................ 28
Initial Pool Balance. The Initial Pool Balance as of the Cutoff Date is equal to $591,327,204.30. (xlviii) Geographic Distribution. No more than 5.0% of the Initial Pool Balance is attributable to Receivables with Obligors having a billing address in any single State other than Alabama, Arkansas, Mississippi, Texas and Georgia, which represent no more than 48.35%, 20.01%, 7.18%, 5.74% and 5.10% of the Initial Pool Balance, respectively.
Initial Pool Balance. The Initial Pool Balance as of the Cutoff Date is equal to $640,000,000.00.
Initial Pool Balance. For Pool 1, $[ ]; for Pool 2, $[ ]. Initial Principal Balance. The Initial Principal Balance for each Subclass of the Class A Certificates and for each Subclass of the Class M Certificates and for the Class LR Certificates is as set forth in Section 12.01(a).