Adjusted Pool Balance definition

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,

Examples of Adjusted Pool Balance in a sentence

  • In no event may the Pool Balance (including any Delinquent Obligations, Restructured Obligations and Defaulted Obligations) optionally substituted by the Issuer for any reason exceed 15% (rounded to the nearest whole number) of the highest value of the Adjusted Pool Balance measured since the Closing Date.


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, as of any date, the Pool Balance less the Yield Supplement Overcollateralization Amount.
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 (a) with respect to the Closing Date, the Pool Balance less the Yield Supplement Overcollateralization Amount, in each case with respect to the Closing Date, and (b) with respect to any Payment Date, the Pool Balance less the Yield Supplement Overcollateralization Amount, in each case with respect to such Payment Date.
Adjusted Pool Balance means, as of any Payment Date, an amount equal to (a) the Net Pool Balance at the end of the Collection Period preceding such Payment Date (or, in the case of the first Payment Date, the Net Pool Balance as of the Cut-Off Date) minus (b) the Yield Supplement Overcollateralization Amount for such Payment 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, as of any day, the Pool Balance minus the Yield Supplement Overcollateralization Amount for such day.