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.
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 means, as of any date, the sum of the Outstanding Loan Balance for each Loan owned by the Issuer.

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.

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.

The Aggregate Outstanding Loan Balance of the Loans as of the Initial Cut–Off Date equals the sum of the principal balance of the Class A Notes, the Class B Notes, the Class C Notes and the Certificate on the Closing Date.

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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 or “AOLB” means the aggregate Outstanding Loan Balances of all Eligible Loan Assets.
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 means the sum of the aggregate ---------------------------------- outstanding principal balances of all Loans.
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 on any day, the sum of the Outstanding Loan Balances of all Eligible Loans on such date.
Aggregate Outstanding Loan Balance means, as of any date of determination, the sum of the Outstanding Loan Balances for all Term Loans.
Aggregate Outstanding Loan Balance. On any date of determination, the sum of (i) the Outstanding Loan Balances of all Eligible Loans included as part of the Collateral on such date, minus (ii) the Outstanding Loan Balances of any Defaulted Loans, minus (iii) the Outstanding Loan Balances of any Loans that do not have an Eligible Risk Rating (to the extent such Loans are not included in clause (ii) above), plus (iv) the aggregate Adjusted Balances of all Defaulted Loans, plus (v) the aggregate Adjusted Balances of all Loans that do not have an Eligible Risk Rating (to the extent such Loans are not included in clause (iv) above).