Aggregate Security Balance definition
Aggregate Security Balance. With respect to any Payment Date, the aggregate of the Security Balances of all Securities or specified Classes of Securities as of such date.
Aggregate Security Balance. With respect to any Payment Date, the -------------------------- aggregate of the Principal Balances of all Securities as of such date.
Examples of Aggregate Security Balance in a sentence
If fewer -------- than two offered rates appear, the Reference Bank Rate will be the arithmetic mean of the rates quoted by one or more major banks in New York City, selected by the DEPOSITOR after consultation with the Indenture Trustee, as of ______ a.m., ______________ time, on such date for loans in U.S. Dollars to leading European Banks for a period of one month in amounts approximately equal to the Aggregate Security Balance.