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 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).

Examples of Eligible Pool Balance in a sentence

  • 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.

  • The amount of the Servicing Fee which the Checx-Xxxxxx shall be entitled to receive on each Settlement Date xxxxxx the Usage Period and on the Usage Period Maturity Date shall be determined by multiplying (i) the average Eligible Pool Balance during the prior Monthly Period multiplied by (ii) 1.00% multiplied by (iii) 1/12 (pro rated in the case of the Usage Period Maturity Date).

  • UK shall furnish to the Agent any information that the Agent may reasonably request regarding the determination and calculation of the Eligible Pool Balance including copies of any invoices, underlying agreements, instruments or other documents and the identity of the Account Debtors in respect of Receivables referred to therein.


More Definitions of Eligible Pool Balance

Eligible Pool Balance means, on any date, the Aggregate Principal Balance of all of the Eligible Receivables on such date.
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.
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, 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
Eligible Pool Balance means, with respect to any Class of Certificates, as of any date of determination, the excess of (A) the Pool Balance of the such Class as of the immediately preceding Distribution Date (or, if such date of determination is on or before the first Distribution Date, the original aggregate face amount of such Class) (after giving effect to distributions made on such date of determination) over (B) the sum of, with respect to each Equipment Note of the related series, one of the following amounts, if applicable: (i) if there has previously been a sale or disposition by the applicable Loan Trustee of the applicable Aircraft for cash under the Indenture pursuant to which such Equipment Note was issued, the outstanding principal amount of such Equipment Note that remains unpaid as of such date of determination subsequent to such sale or disposition and after giving effect to any distributions of the proceeds of such sale or disposition applied under such Indenture to the payment of such Equipment Note, (ii) if there has previously been an Event of Loss (as defined in such Indenture) with respect to the applicable Aircraft to which such Equipment Note relates, the outstanding principal amount of such Equipment Note that remains unpaid as of such date of determination subsequent to the scheduled date of mandatory redemption of such Equipment Note following such Event of Loss and after giving effect to the distributions of any proceeds in respect of such Event of Loss applied under such Indenture to the payment of such Equipment Note, (iii) if such Equipment Note has previously been sold for cash by the Subordination Agent, the excess, if any, of (x) the outstanding amount of principal and interest as of the date of such sale by the Subordination Agent of such Equipment Note over (y) the purchase price received with respect to such sale of such Equipment Note for cash (net of any applicable costs and expenses of such sale) or (iv) if a Deemed Disposition Event has occurred with respect to such Equipment Note, the outstanding principal amount of such Equipment Note; provided, however, that if more than one of the clauses (i), (ii), (iii) and (iv) is applicable to any one Equipment Note, only the amount determined pursuant to the clause that first became applicable shall be counted with respect to such Equipment Note.
Eligible Pool Balance means, as determined as of any day, an amount equal to the sum of (a) the product of *[material omitted] and the sum of (i) the amount of Principal Receivables that are not Delinquent Receivables on and as of such day and (ii) the accrued and outstanding Finance Charges related thereto and (b) the product of *[material omitted] and the sum of (i) the amount of Principles Receivables that are Delinquent Receivables on and as of such day and (ii) the accrued and outstanding Finance Charges related thereto. From and after a Termination Date, the Eligible Pool Balance shall be equal to zero.
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.