Aggregate Pool Balance definition
Examples of Aggregate Pool Balance in a sentence
The Certificates are subject to optional prepayment in full in accordance with the Trust Agreement on any Distribution Date after the date on which the Aggregate Pool Balance is less than 10% of the sum of the Cut-off Date Balance, for an amount as specified in the Trust Agreement.
The first Distribution Date following the date on which the Aggregate Pool Balance is less than 10.00% of the sum of (i) the Cut-off Date Balance and (ii) the Pre-Funding Amount.
The Transferor shall maintain a net worth, exclusive of the Transferor Interest, that is, at any date of determination, at least equal to 5% of the sum of (i) the Aggregate Pool Balance plus (ii) the Equipment Residual Value calculated at such date.
On and after the date such Lease becomes an Ineligible Lease, such Lease shall not be included in the Aggregate Pool Balance.
The Transferor shall accept a retransfer of each such Ineligible Lease and there shall be deducted from the Aggregate Pool Balance the Discounted Lease Balance of each such Ineligible Lease.
Paragraph 1(d) of Schedule 3 to the Agreement is amended by deleting the text in its entirety and substituting in its place the following text: The sum of the Discounted Lease Balances of Included Leases with respect to which the Lessees thereunder are rated internally by AFG, on a cumulative basis, is not more than 40% of the Aggregate Pool Balance.
In addition, the Sector will maintain any other database 38 it determines necessary for its operations.
The Certificates of a Certificate Group are subject to optional prepayment in full in accordance with the Pooling and Servicing Agreement on any Distribution Date after the date on which the Aggregate Pool Balance of the related Pool is less than 10% of the sum of the Cut-off Date Balance of the related Pool, for an amount as specified in the Pooling and Servicing Agreement.