Aggregate IPB definition

Aggregate IPB. At any time of determination, the then aggregate amount of the Implicit Principal Balances of all Lease Contracts from which all Lease Receivables are derived.
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Aggregate IPB. The aggregate of the Implicit Principal Balances of all Series Lease Contracts for all Outstanding Series.
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Aggregate IPB. The aggregate of the Implicit Principal Balances of all Series Contracts for all Outstanding Series of Class A Notes.
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Examples of Aggregate IPB in a sentence

  • During the Amortization Period, the Servicer shall have the right, but not the obligation, to purchase all but not less than all of the remaining Lease Collateral at such time as the then Aggregate IPB is less than or equal to 10% of the highest Aggregate IPB during the Accumulation Period.

  • Notwithstanding any other provision of the Indenture, the Trustee is hereby directed to release $5,216,658.69 from the Cash Collateral Account to the Issuer on the Delivery Date in consideration for the pledge of an equivalent amount (by Aggregate IPB) of additional Lease Assets on such date.

  • The Back-up Servicer shall verify that each Data Report is in a readable and usable form and covers all information necessary to service the Contracts, including, but not limited to, Aggregate IPB, Available Funds, Delinquent Contracts, Defaulted Contracts, Recoveries, prepayments and bankruptcies.

  • The "Servicer Fee" for a Payment Date shall equal the product of (i) one-twelfth of the Servicer Fee Rate and (ii) the Aggregate IPB of all Contracts as of the opening of business on the first day of the related Due Period.


More Definitions of Aggregate IPB

Aggregate IPB. The aggregate of the Implicit Principal Balance of all Lease Contracts. "Aggregate Initial IPB": The Aggregate IPB as of the CutOff Date, which is $17,785,141.60, plus the sum of the IPB of each Funded Lease Contract, as of the respective Funding Date, of the Funded Lease Contracts. "Agreement": This Agreement, in the form when originally executed and, if from time to time further supplemented or amended by one or more amendments hereto pursuant to the applicable provisions hereof, as so supplemented or amended. All references in this Agreement designated "Articles," "Sections," "Subsections" and other subdivisions are to the designated Articles, Sections, Subsections and other subdivisions of this Agreement as originally executed, or if amended or supplemented, as so amended and supplemented. The words "herein," "hereof," "hereunder" and other words of similar import when not related to a specific subdivision of this Agreement, refer to this Agreement as a whole and not to any particular Article, Section, Subsection or other subdivision of this Agreement.
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Aggregate IPB or "Aggregate Implicit Principal Balance": The aggregate of the Implicit Principal Balances of all Lease Contracts outstanding at any time.
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Aggregate IPB. As of any date, the aggregate of the Implicit Principal Balances of all Contracts outstanding at such date.
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Aggregate IPB. The sum of the Series IPB for all Series then Outstanding.
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Related to Aggregate IPB

  • Aggregate Invested Amount means, as of any date of determination, the sum of the Invested Amounts of all Series of Certificates issued and outstanding on such date of determination.

  • Aggregate Value means, with respect to any block of Equity Stock, the product of (i) the number of shares of Equity Stock within such block and (ii) the corresponding Market Price of one share of Equity Stock of such class.

  • Aggregate Cap means (x) with respect to any four fiscal quarter period through and including the four fiscal quarter period ended after the consummation of the Empire Acquisition, 20% and (y) thereafter, 15%, in each case, of Consolidated EBITDA for the relevant Test Period (calculated prior to giving effect to any add-backs subject to the Aggregate Cap).

  • Aggregate Outstandings means, at a particular time, the sum of (a) the Aggregate Letters of Credit Outstandings at such time and (b) the aggregate outstanding principal amount of all Revolving Credit Loans at such time.

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.