Aggregate Remaining Balance definition

Aggregate Remaining Balance. For any Payment Date for Pass-Through Securities, the aggregate of the remaining principal balances to which the underlying Assets would be reduced in the month in which that Payment Date occurs, based on the related GNMA Certificate “factor” information selected by the Administrator or, to the extent a factor has not been reported for a GNMA Certificate, assumed Mortgage amortization schedules that the Administrator (or its agent) will create. Such schedules shall reflect payment factor information previously reported for such GNMA Certificate and estimated subsequent scheduled amortization on the related Mortgages. Agreement: This Pass-Through Certificates Master Trust Agreement, dated as of August 1, 2014, by and among Xxxxxxx Mac in its corporate capacity as Depositor, Administrator and Guarantor, Xxxxxxx Mac in its capacity as Trustee, and the Holders of the various Pass-Through Certificates, as originally executed, or as modified, amended or supplemented in accordance with the provisions set forth herein. Unless the context requires otherwise, the term “Agreement” shall be deemed to include any applicable Terms Supplement entered into pursuant to Section 1.01 of this Agreement.
Sample 1
Aggregate Remaining Balance. For any Payment Date for Multiclass Securities, the aggregate of the remaining principal balances to which the underlying Assets would be reduced in the month in which that Payment Date occurs, based on, in the case of GNMA Certificates, the related “factor” information selected by the Administrator or, to the extent such factors have not been reported for a GNMA Certificate, assumed Mortgage amortization schedules that the Administrator (or its agent) will create. Such schedules will reflect payment factor information previously reported for such GNMA Certificate and estimated subsequent scheduled amortization on the related Mortgages. In the case of Giant Securities or other Assets that are GNMA-Related Securities but not GNMA Certificates, the Administrator will determine the applicable principal balance using the related “factor” information published for those Giant Securities or other Assets.
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Aggregate Remaining Balance. For any Payment Date for Pass-Through Securities, the aggregate of the remaining principal balances to which the underlying Assets would be reduced in the month in which that Payment Date occurs, based on the related GNMA CertiÑcate ""factor'' information selected by Xxxxxxx Mac or, to the extent a factor has not been reported for a GNMA CertiÑcate, assumed Mortgage amortization schedules that Xxxxxxx Mac (or its agent) will create. Such schedules will reÖect payment factor information previously reported for such GNMA CertiÑcate and estimated subsequent scheduled amortization on the related Mortgages.
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Examples of Aggregate Remaining Balance in a sentence

  • The Aggregate Remaining Balance as of the Termination Date, plus thirty days of accrued interest on the outstanding Trust Assets.

  • Separation of the oxygenase component, AbsA, of ABSDOS under strictly anoxic conditions Purification step Table 2.

  • Such calculation will reÖect payment factor information previously reported to the Trustee and estimated subsequent scheduled amortization (but not prepayments) on the related Mortgage Loans.The Trustee will then calculate the aggregate of the remaining principal balances described in the preceding paragraph (the ""Aggregate Remaining Balance'').

  • Such difference is called the ‘‘KNMA Principal Payment Amount.''Because the Aggregate Remaining Balance is based on preliminary KNMA Certificate factors or on the Trustee's calculations when such factors are not available, there are likely to be variances between the principal payments actually received in any month and the KNMA Principal Payment Amount for that month.

  • Principal payments on the Certificates on any Distribution Date will be based on the difference between (i) the Aggregate Remaining Balance of the KNMA Certificates for the preceding month (or their aggregate principal balance on the Settlement Date, in the case of the first Distribution Date) and (ii) their Aggregate Remaining Balance for the current month.

  • Principal payments on the CertiÑcates on any Distribution Date will be based on the diÅerence between (i) the Aggregate Remaining Balance of the GNMA CertiÑcates for the preceding month (or their aggregate principal balance on the Settlement Date, in the case of the Ñrst Distribution Date) and (ii) their Aggregate Remaining Balance for the current month.

  • Section 17(a) of the 1940 Act restricts transactions between an “affiliated person of a registered invest- ment company” and that investment company.


More Definitions of Aggregate Remaining Balance

Aggregate Remaining Balance. For any Payment Date for Multiclass Securities, the aggregate of the remaining principal balances to which the underlying Assets would be reduced in the month in which that Payment Date occurs, based on, in the case of GNMA Certificates, the related “factor” information selected by the Administrator or, to the extent such factors have not been reported for a GNMA Certificate, assumed Mortgage amortization schedules that the Administrator (or its agent) will create. Such schedules will reflect payment factor information previously reported for such GNMA Certificate and estimated subsequent scheduled amortization on the related Mortgages. In the case of Giant Securities or other Assets that are GNMA-Related Securities but not GNMA Certificates, the Administrator will determine the applicable principal balance using the related “factor” information published for those Giant Securities or other Assets. Agreement: This Multiclass Certificates Master Trust Agreement, dated as of February 2, 2017, by and among Xxxxxxx Mac in its corporate capacity as Depositor, Administrator and Guarantor, Xxxxxxx Mac in its capacity as Trustee, and the Holders of the various Series of Certificates, as originally executed, or as modified, amended or supplemented in accordance with the provisions set forth herein. Unless the context requires otherwise, the term “Agreement” shall be deemed to include any applicable Terms Supplement entered into pursuant to Section 2.01 of this Agreement.
Sample 1
Aggregate Remaining Balance. For any Payment Date for Multiclass Securities, the aggregate of the remaining principal balances to which the underlying Assets would be reduced in the month in which that Payment Date occurs, based on, in the case of GNMA CertiÑcates, the related ""factor'' information selected by Xxxxxxx Mac or, to the extent such factors have not been reported for a GNMA CertiÑcate, assumed Mortgage amortization schedules that Xxxxxxx Mac (or its agent) will create. Such schedules will reÖect payment factor information previously reported for such GNMA CertiÑcate and estimated subsequent scheduled amortization on the related Mortgages. In the case of Giant Securities or other Assets that are GNMA-Related Securities but not GNMA CertiÑcates, Xxxxxxx Mac will determine the applicable principal balance using the related ""factor'' information published for those Giant Securities or other Assets.
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Aggregate Remaining Balance. For any Payment Date and any Mirror Certificate, the aggregate of the remaining principal balances to which the related underlying Eligible Security would be reduced in the month in which that Payment Date occurs.] Agreement: This Mirror Certificates Master Trust Agreement, dated as of , by and among Xxxxxxx Mac in its corporate capacity as Depositor, Administrator and Guarantor, Xxxxxxx Mac in its capacity as Trustee, and the Holders of the various Mirror Certificates, as originally executed, or as modified, amended or supplemented in accordance with the provisions set forth herein. Unless the context requires otherwise, the term “Agreement” shall be deemed to include any applicable Mirror Pool Supplement entered into pursuant to Section 1.01 of this Agreement.
Sample 1

Related to Aggregate Remaining Balance

  • New Balance This means the total outstanding balance on your account. It will be listed on each statement as the “New Balance”.

  • Time balance means the sum of the principal amount financed and the finance charge.

  • Aggregate Reduction has the meaning specified in Section 1.3.

  • Aggregate Remaining Net Positive Adjustments means, as of the end of any taxable period, the sum of the Remaining Net Positive Adjustments of all the Partners.

  • Pool Balance means, as of any date, the aggregate Principal Balance of the Receivables (exclusive of all Administrative Receivables for which the Servicer has paid the Administrative Purchase Payment, Warranty Receivables for which the Seller has paid the Warranty Purchase Payment and Defaulted Receivables) as of the close of business on such date.

  • Class Balance With respect to any Class of Certificates, at any time, the aggregate of the Certificate Balances of all Outstanding Certificates of such Class.

  • Final Payment Percentage is five percent (5.00%).

  • Balance Amount shall have the meaning set forth in Section 8.1 of this Agreement.

  • Reduction Percentage means the percentage rate by which the Initial Per Certificate Entitlement will reduce on a daily basis on the assumption that the daily rate will be theper annum rate specified in the Final Terms divided by 365 and applied accordingly. B.26 Investment managementNot applicable - there is no active management of the assets of the Issuer. B.27 Further issuances backed by same pool of assetsNot applicable – the Issuer will not issue further securities backed by the same pool of assets. B.29 Description of the flow of fundsSave to the extent that the Authorised Participant as subscribed for the issue of Certificates in whole or in part by the physical delivery of the relevant Precious Metal in respect of the Series (the "Underlying Precious Metal"), the net proceeds from each issue of Certificates will be used (a) to purchase the Underlying Precious Metal and (b) to pay any listing fees incurred in connection with the listing of the Certificates. The Certificates will not bear interest. On redemption, a Certificateholder will, in respect of a Certificate, receive on a date on or before the third business day following the relevant Eligible Redemption Valuation Date(being any business day) (in each case the "Settlement Date"):

  • Unpaid Balance of any Receivable means at any time the unpaid principal amount thereof.

  • Aggregate Funded Spread means, as of any date, the sum of:

  • Lease Balance means, with respect to the Leased Properties, as of any date of determination, an amount equal to the sum of all Funding Party Balances.

  • Termination Percentage has the meaning set forth in Section 2.2.

  • Remaining Excess Spread With respect to any Distribution Date, the Excess Spread less any Extra Principal Distribution Amount, in each case for such Distribution Date.

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • Adjusted Pool Balance means, on the Closing Date, an amount equal to:

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Aggregate Invested Amount means, at any date of determination, the sum of the Invested Amounts with respect to all Outstanding Series on such date of determination.

  • Net Pool Balance means, as of any date, the aggregate Outstanding Principal Balance of all Receivables (other than Defaulted Receivables) of the Issuer on such date.

  • Maximum Contract Value means the amount specified in the "Limitation of Expenditure" clause set out in the Contract; and

  • Aggregate Principal Balance means, with respect to any date of determination, the sum of the Principal Balances for all Receivables (other than (i) any Receivable that became a Liquidated Receivable prior to the end of the related Collection Period and (ii) any Receivable that became a Purchased Receivable prior to the end of the related Collection Period) as of the date of determination.

  • Aggregate Collateral Balance means, as at any Measurement Date, the amount equal to the aggregate of the following amounts, as at such Measurement Date:

  • Purchase Price Percentage has the meaning assigned to such term in the Pricing Side Letter.

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

  • Total Contract Value means contract value plus statutory dues like GST etc. and any other amount payable under contract.

  • Actual Contribution Percentage means, with respect to a Plan Year, the ratio (expressed as a percentage) of the sum of the amount of (a) Matching Contributions, (b) After-Tax Contributions, (c) Qualified Nonelective ESOP Contributions, and (d) Tax Deferred Contributions recharacterized as After-Tax Contributions, made on behalf of the Participant for the Plan Year to the Participant’s Testing Compensation for the Plan Year.