Examples of Aggregate Outstanding Principal Balance in a sentence
Since these receivables are not included in the percentages above, the Total Aggregate Outstanding Principal Balance upon which the percentages above are based is less than the Pool Balance.
The Indenture provides that the Notes will be entitled to receive payments in reduction of the Aggregate Outstanding Principal Balance of each Class, in the amounts, from the sources, and at the times more specifically as set forth in the Indenture.
With respect to any Payment Date on which (A) the Current Aggregate Outstanding Principal Balance is less than 10 per cent.
Clean-Up Call The Seller is entitled to repurchase all of the Purchased Receivables on any Interest Payment Date following the Determination Date on which the Aggregate Outstanding Principal Balance of all Purchased Receivables is equal to or less than 10% of the Aggregate Outstanding Principal Balance of all Purchased Receivables as at the Cut-Off Date.
Based solely on the information contained in the Monthly Tape and the Servicer's Certificate, the Backup Servicer shall verify the Aggregate Outstanding Principal Balance of the Total Receivables Pool.