Initial Adjusted Pool Balance definition

Initial Adjusted Pool Balance means the Adjusted Pool Balance of the Receivables as of the Closing Date.
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Initial Adjusted Pool Balance means, as of any date of determination, an amount equal to the sum of (A) the aggregate Adjusted Principal Balance (including the aggregate Adjusted Principal Balance of Last Scheduled Payments) of the Initial Receivables as of the Cutoff Date, plus (B) the aggregate Adjusted Principal Balance (including the aggregate Adjusted Principal Balance of Last Scheduled Payments) of all Subsequent Receivables transferred to the Trust after the Closing Date, calculated as of their respective Subsequent Cutoff Dates.
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Examples of Initial Adjusted Pool Balance in a sentence

  • Reserve Percentage of Initial Adjusted Pool Balance [_____________]% Beginning Period Required Amount $[_____________] Beginning Period Amount $[_____________] Current Period Release to Collection Account $[_____________] Current Period Deposit $[_____________] Current Period Release to Depositor $[_____________] Ending Period Required Amount (0.25% of APB of cut-off date) $[_____________] Ending Period Amount $[_____________] [VII.

Related to Initial Adjusted Pool Balance

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

  • 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.

  • Initial Pool Balance means the Pool Balance as of the Cut-off Date, which is $ .