Adjusted Pool Balance means, on the Closing Date, an amount equal to:
Adjusted Pool Balance means, (i) for any Distribution Date, the Pool Balance as of the end of the previous Collection Period (and, for the first Distribution Date, as of the Cutoff Date) less the Yield Supplement Overcollateralization Amount with respect to such Distribution Date and (ii) with regard to the Cutoff Date, the Pool Balance as of the Cutoff Date less the Yield Supplement Overcollateralization Amount as of the Cutoff Date.
Adjusted Pool Balance means, for any distribution date, • if the Pool Balance as of the last day of the related collection period is greater than 40% of the Initial Pool Balance, then the Adjusted Pool Balance shall be the sum of that Pool Balance and the Specified Reserve Account Balance for that distribution date, or • if the Pool Balance as of the last day of the related collection period is less than or equal to 40% of the Initial Pool Balance, then the Adjusted Pool Balance shall be that Pool Balance.
Examples of Adjusted Pool Balance in a sentence
In addition, the Principal Balance of any Temporarily Excluded Receivables will be subtracted from the Adjusted Pool Balance for purposes of calculating the Credit Enhancement Test.
The "Adjusted Pool Balance" as of any date is equal to the Pool Balance less the Yield Supplement Overcollateralization Amount as of such date.
The total face amount of Notes and Certificates issued by the Trust is equal to approximately 102.00% of the initial Adjusted Pool Balance.
The Class A Notes are overcollateralized initially by 5% of the Adjusted Pool Balance.
The Class B Notes are overcollateralized initially by 2% of the Adjusted Pool Balance.
More Definitions of Adjusted Pool Balance
Adjusted Pool Balance means, at any time, an amount equal to the Pool Balance minus the YSOC Amount.
Adjusted Pool Balance means, for any Distribution Date,
Adjusted Pool Balance means, for any Distribution Date, (a) if the Pool Balance as of the last day of the related Collection Period is greater than 40% of the Initial Pool Balance, the sum of that Pool Balance, Capitalized Interest and the Specified Reserve Account Balance for that Distribution Date, or (b) if the Pool Balance as of the last day of the related Collection Period is less than or equal to 40% of the Initial Pool Balance, the sum of that Pool Balance and Capitalized Interest.
Adjusted Pool Balance means, on the Closing Date, an amount equal to: (a) the Initial Pool Balance; minus (b) the Yield Supplement Overcollateralization Amount for the Closing Date; and means, on a Payment Date or Acquisition Date, an amount (not less than zero) equal to: (a) the Pool Balance as of the last day of the Collection Period immediately preceding such Payment Date or Acquisition Date; minus (b) the Yield Supplement Overcollateralization Amount for such Payment Date or Acquisition Date.
Adjusted Pool Balance means, as of any day in a Collection Period, the sum of the Pool Balance and amounts on deposit in the Excess Funding Account (determined after giving effect to amounts transferred to the Issuer on that date) on such day.
Adjusted Pool Balance means (a) as of the Closing Date, an amount equal to (x) the Net Pool Balance as of the Cut-Off Date minus (y) the Yield Supplement Overcollateralization Amount for the Closing Date and (b) for any Payment Date, an amount equal to (x) the Net Pool Balance at the end of the Collection Period preceding that Payment Date minus (y) the Yield Supplement Overcollateralization Amount for that Payment Date.
Adjusted Pool Balance means, as of any date, the Pool Balance less the Yield Supplement Overcollateralization Amount.