Eligible Pool Balance definition

Eligible Pool Balance means, as of any date of determination, (i) the sum of (a) the aggregate Eligible Receivables Principal Balance as of the most recent Determination Date (or as of such date of determination if such date is a Determination Date) and (b) without duplication, the aggregate Eligible Receivables Principal Balance of the Eligible Receivables added to the Collateral during the period commencing on the Determination Date referred to in clause (a) above and ending on such date of determination, as of the related Cutoff Dates, minus (ii) any Excess Concentration Amounts as of such date of determination minus (iii) the aggregate Principal Balance of all Eligible Receivables that are Delinquent Receivables (60+ Days) as of the most recent Determination Date (or as of such date of determination if such date is a Determination Date).
Eligible Pool Balance means, at any time, the sum of the Receivable Balances of all Purchased Receivables that are Eligible Receivables at such time (other than Excluded Receivables), and expressly excluding any Charged-Off Receivables, Bankruptcy Receivables, Delinquent Receivables and other Purchased Receivables that are not Eligible Receivables at such time.
Eligible Pool Balance means, as determined as of any day, an amount equal to the sum of (i) the product of *[material omitted] and the amount of Principal Receivables that are not Delinquent Receivables on and as of such day and (ii) the product of *[material omitted] and the amount of Principal Receivables that are Delinquent Receivables on and as of such day. From and after a Termination Date, the Eligible Pool Balance shall be equal to zero.

Examples of Eligible Pool Balance in a sentence

  • Easterwood, 507 U.S. 658, 664 (1993).That language suggests no congressional intent to preempt protections for teenagers.

  • Inventory Aging of the Eligible Pool Balance as of the end of the Collection Period: 0-120 days N/A 121-179 days N/A 180-269 days N/A 270-359 days N/A 360-479 days N/A 480 + N/A 26.

  • Each Receivable included as an Eligible Receivable in the calculation of the Net Eligible Pool Balance as of any date is an Eligible Receivable as of such date.

  • In table 4.5 above, ten correlation coefficient values were reported.


More Definitions of Eligible Pool Balance

Eligible Pool Balance means, as of any date of determination, (i) the sum of (a) the aggregate Eligible Receivables Principal Balance as of the most recent Determination Date (or as of such date of determination if such date is a Determination Date) and (b) without duplication, the aggregate Eligible Receivables Principal Balance of the Eligible Receivables added to the Collateral during the period commencing on the Determination Date referred to in clause (a) above and ending on such date of determination, as of the related Cutoff Dates, minus (ii) any Excess Concentration Amounts as of such date of determination, minus (iii) the aggregate Principal Balance of all Eligible Receivables that are Delinquent Receivables (61+ Days) as of the most recent Determination Date (or as of such date of determination if such date is a Determination Date), minus (iv) the aggregate Principal Balance of all Receivables that were determined to be Ineligible Receivables at any time during the period commencing on the most recent Determination Date and ending on such date of determination, minus (v) the aggregate Principal Balance of all Eligible Receivables that became Terminated Receivables during the period commencing on the most recent Determination Date and ending on such date of determination.
Eligible Pool Balance means, on any date, the Aggregate Discounted Principal Balance of all of the Eligible Receivables on such date.
Eligible Pool Balance means the sum of all Eligible Assets minus the aggregate amount of Check Cashing Fees on the outstanding Eligible Assets related to Checks.
Eligible Pool Balance set forth in Appendix A to the Pooling Agreement is hereby amended to read as follows:
Eligible Pool Balance means, as of any date of determination, the Pool Balance less the aggregate unpaid principal balance of all Receivables that are greater than 90 days past due.
Eligible Pool Balance means, as of any date of determination, the sum of the Adjusted Principal Balances of all Eligible Receivables as of such date. "Eligible Receivable" means, as of any date of determination, any Receivable (i) for which the related Receivable File is in the possession or "control" (within the meaning of Section 9-105 of the UCC as then in effect in the relevant State) of the Collateral Custodian, (ii) which is identified on the Schedule of Receivables delivered by the Borrower to the Administrative Agent as part of a Funding Request and (iii) which satisfies each of the eligibility requirements set forth on Schedule B hereto, in each case as of such date of determination. "ERISA" means the Employee Retirement Income Security Act of 1974, and the regulations promulgated and rulings issued thereunder. "ERISA Affiliate" means (i) any corporation which is a member of the same controlled group of corporations (within the meaning of Section 414(b) of the Code) as the Borrower, (ii) a trade or business (whether or not incorporated) under common control (within the meaning of Section 414(c) of the Code) with the Borrower, or (iii) a member of the same affiliated service
Eligible Pool Balance. The Eligible Pool Balance shall mean at any date the outstanding unpaid principal balance of all Eligible Receivables reduced by the aggregate amount by which the unpaid principal balance of Eligible Receivables of an obligor exceed the Concentration Limit.