Aggregate Outstanding Balance definition
Examples of Aggregate Outstanding Balance in a sentence
Less than 40% of the Aggregate Outstanding Balance of the Loan Pool consists of Loans principally secured by real property.
The Aggregate Outstanding Balance of Principal Receivables in the Removed Accounts did not exceed the lesser of (i) the Free Equity Amount over the Minimum Free Equity Amount or (ii) the excess of the Note Trust Principal Balance over the Required Principal Balance, all measured as of the end of the most recently ended Monthly Period.
The Collateral Agent Fee shall be computed on the basis of a 360-day year and the actual number of days elapsed during the related Collection Period and shall be based on the par amount of the Aggregate Outstanding Balance of the Portfolio (regardless of whether any such Portfolio Asset satisfies the definition of “Eligible Portfolio Asset”), measured as of the last day of such Collection Period relating to each Payment Date.
During the Low Fixed Charge Covenant Period, Borrower shall pay Lenders a fee (the “Low DCSR Fee”) quarterly in arrears with respect to each Fiscal Quarter occurring during the Low Fixed Charge Covenant Period in an amount equal to 0.25% multiplied by the average amount of the Aggregate Outstanding Balance during such Fiscal Quarter.
AmeriCredit shall be required to repurchase the Receivables listed on the monthly exception report pursuant to Section 2.7 hereof, in the event that the Lien Certificates relating to Receivables having Outstanding Balances which in the aggregate represent more than 0.5% of the Aggregate Outstanding Balance are indicated as not having been received by the 181st day following the date of origination of the related Receivables.