Examples of Aggregate Receivable Balance in a sentence
The Indenture Trustee and the Agent, on behalf of the Noteholders, has received a certification that the weighted average loan-to-value of the Aggregate Receivable Balance in the Pool is less than 130% on the Closing Date.
As of the Closing Date or Funding Dates, as the case may be, the aggregate Receivable Balance which relates to new Financed Vehicles represents at least 25% of the Aggregate Receivable Balance.
On the Closing Date, the Issuer shall make an initial deposit into the Spread Account in an amount equal to 0.75% of the Aggregate Receivable Balance on the Closing Date.
When the provisions of SUBSECTION 2.4(D)(II) require removal of a Receivable, the Transferor shall, subject to SUBSECTION 2.4(D)(V), accept reassignment of such Receivable (a "TRANSFEROR INELIGIBLE RECEIVABLE") by directing the Servicer to deduct the Aggregate Receivable Balance of each Transferor Ineligible Receivable from the Aggregate Receivables in the Trust (to the extent previously included therein) as of such date.
When the provisions of subsection 2.4(d)(i) or 2.4(d)(ii) require removal of Receivables arising under an Account, Transferor shall accept reassignment of each Receivable arising under such Account (a "Transferor Ineligible Account") by directing Servicer to deduct the Aggregate Receivable Balance of each Receivable arising under an Ineligible Account from the Aggregate Receivables in the Trust (to the extent previously included therein) as of such date.