Aggregate Unpaid Balance definition

Aggregate Unpaid Balance means, as of any date of determination, the sum of the Unpaid Balances of all Receivables which constitute Eligible Receivables as of such date of determination.

Aggregate Unpaid Balance means, as of any date of determination, (a) the sum of the Unpaid Balances of all Receivables which constitute Eligible Receivables as of such date of determination minus (b) solely if a Committed Investor has so elected pursuant to clause (g)(ii)(y) of the definition of “Eligible Receviable”, Offset Payables as of such date of determination.

Aggregate Unpaid Balance is defined in Section 2.1 of this Agreement.

Examples of Aggregate Unpaid Balance in a sentence

• Eighteen months later, on June 2000, when ORIX took over as servicer of the loans, the Aggregate Unpaid Balance was in fact right on schedule with $3,321,382,930.

• The license granted hereby shall be irrevocable until the indefeasible payment in full of the Aggregate Unpaid Balance, and shall terminate on the date this Agreement terminates in accordance with its terms.

• The Chancellor ordesignee’s decision is final and is not subject to further review, appeal, or grievance.

• The "Reserve Percentage" means, for the related Undivided Interest on any day, the greatest of (i) three times 119 the most recent Three-Month Default Ratio, (ii) 1.5 times the percentage that the largest Special Concentration Limit set forth on Schedule 2.3(b) bears to the then Aggregate Unpaid Balance of Eligible Receivables and (iii) 10%.

• The Concentration Limit for the Special Obligor shall be 10% of the Aggregate Unpaid Balance, or if the long term unsecured debt rating of the Special Obligor shall be less than or equal to BBB- by S&P and Baa3 by Xxxxx'x, 5% of the Aggregate Unpaid Balance.

More Definitions of Aggregate Unpaid Balance

Aggregate Unpaid Balance is defined in Section 2.1(b) of the Receivables Purchase Agreement.

Aggregate Unpaid Balance means (i) for purposes of calculating the Purchase Price to be paid to Seller on the Effective Date, the sum of the Unpaid Balances of each Receivable generated by Seller, as measured as at the closing of Seller's business on the Effective Date, and (ii) for purposes of calculating the Purchase Price to be paid to Seller on each Business Day thereafter, the sum of the Unpaid Balances of each Receivable to be purchased from Seller on such day, calculated at the time of such Receivable's generation and sale to WPS Xxxxx, PPP = the Purchase Price Percentage applicable to the Receivables purchased from Seller on such day, as determined pursuant to Section 2.2.

Aggregate Unpaid Balance. At any time, the aggregate Unpaid Balance of all Eligible Receivables at such time.

Aggregate Unpaid Balance has the meaning set forth in SECTION 2.1 of the Purchase and Sale Agreement.

Aggregate Unpaid Balance means (i) for purposes of calculating the Purchase Price to be paid to such Seller on the First Issuance Date, the sum of the Unpaid Balance of each Receivable generated by such Seller (other than Contributed Initial Receivables), as measured as at the closing of such Seller's business on the Initial Cut-Off Date, and (ii) for purposes of calculating the Purchase Price on each Business Day thereafter, the sum of the Unpaid Balance of each Receivable to be purchased from such Seller on such day, calculated at the time of the Receivable's sale to Buyer, and PPP = the Purchase Price Percentage applicable to the Receivables to be purchased on such day, as determined pursuant to Section 2.2.

Aggregate Unpaid Balance is defined in Section 2.1(b) of the Purchase Agreement. "Amortization Period" is defined, for purposes of any Series, in the related Supplement.

Aggregate Unpaid Balance means, at any time, the aggregate of Unpaid Balances of outstanding Sold Receivables.