Aggregate Outstanding Loan Balance definition

Aggregate Outstanding Loan Balance means on any day, the sum of the Outstanding Loan Balances of all Eligible Loans included as part of the Collateral on such date.

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Aggregate Outstanding Loan Balance. As of any date of determination, the sum of the Outstanding Loan Balances of all Eligible Loans included as part of the Collateral on such date minus the Outstanding Loan Balance of all Charged-Off Loans included as part of the Collateral (and specifically excluding all Ineligible Loans) on such date.

Aggregate Outstanding Loan Balance or “AOLB” means the aggregate Outstanding Loan Balances of all Eligible Loan Assets.

Examples of Aggregate Outstanding Loan Balance in a sentence

• Less than 40% of the Aggregate Outstanding Loan Balance of the Loan Pool consists of Loans principally secured by real property.

• In any of the foregoing instances, the Seller shall accept the retransfer of each such Ineligible Loan, and the Aggregate Outstanding Loan Balance shall be reduced by the Outstanding Loan Balance of each such Ineligible Loan and, if applicable, increased by the Outstanding Loan Balance of each such Substitute Loan.

• Less than 40% of the Aggregate Outstanding Loan Balance of the Loan Pool as of the Initial Cut–Off Date consists of Loans principally secured by real property, and the Trust Depositor will not effectuate the transfer of a Substitute Loan if such transfer would cause more than 40% of the Aggregate Outstanding Loan Balance of the Loan Pool as of any Subsequent Transfer Date to consist of Loans principally secured by real property.

• Less than 45% of the Aggregate Outstanding Loan Balance of the Collateral as of the Closing Date consists of Loans principally secured by real property.

• Less than 40% of the Aggregate Outstanding Loan Balance of the Collateral as of the Closing Date consists of Loans principally secured by real property and the Trust Depositor will not effectuate the transfer of an Additional Loan or Substitute Loan if such transfer would cause more than 40% of the Aggregate Outstanding Loan Balance of the Collateral as of any Cut-Off Date to consist of Loans principally secured by real property.

More Definitions of Aggregate Outstanding Loan Balance

Aggregate Outstanding Loan Balance means, with respect to any Payment Date, an amount equal to the aggregate remaining Outstanding Loan Balance of the Loans as of the last day of the related Collection Period after subtracting (i) in the case of all Prepaid Loans, Ineligible Loans and Excess Loans, the Outstanding Loan Balance of such Loans and (ii) in the case of Defaulted Loans, the portion of such Loan that has been written down, in each case of such last day of the related Collection Period.

Aggregate Outstanding Loan Balance. On any date of determination, the sum of the Outstanding Loan Balances of all Eligible Loans on such date.

Aggregate Outstanding Loan Balance means the sum of the aggregate ---------------------------------- outstanding principal balances of all Loans.

Aggregate Outstanding Loan Balance means, as of any date, the sum of the Outstanding Loan Balances for each Loan owned by the Issuer; provided that for purposes of calculating the Aggregate Outstanding Loan Balance, the Outstanding Loan Balance of each Revolving Loan and each Delayed Draw Term Loan shall be deemed to be the maximum outstanding principal balance thereof under the Underlying Loan Agreements with respect to such Loan.

Aggregate Outstanding Loan Balance. On any day, the sum of the Outstanding Loan Balances of all Eligible Loans included as part of the Collateral on such date.

Aggregate Outstanding Loan Balance means, as of any Determination Date, the sum of the Outstanding Loan Balances on such date for each Loan in the Indenture Collateral.

Aggregate Outstanding Loan Balance means on any day, the sum of the Outstanding Loan Balances of all Eligible Loans included as part of the Collateral on such