Initial Pool Balance definition

Initial Pool Balance means the Pool Balance as of the Cut-off Date, which is $ .
Initial Pool Balance means, an amount equal to the aggregate Principal Balance of the Receivables as of the Cutoff Date.
Initial Pool Balance means the sum of the Pool Balance of the initial trust student loans as of the closing date and all amounts deposited into the supplemental purchase account and the add-on consolidation loan account on the closing date.

Examples of Initial Pool Balance in a sentence

  • If the Pool Balance is equal to or less than 10% of the Initial Pool Balance on the last day of any Collection Period, the Servicer has the option to purchase the Sold Property (other than the amounts in or invested in Permitted Investments maturing on or before the following Payment Date in the Bank Accounts) on the related Payment Date.


More Definitions of Initial Pool Balance

Initial Pool Balance means $1,926,312,751.06, which is the aggregate Principal Balance of the Initial Receivables as of the Initial Cutoff Date.
Initial Pool Balance means $ , which is the aggregate Securitization Value of the Leases as of the Cutoff Date.
Initial Pool Balance. The aggregate Cut-off Date Balance of all the Mortgage Loans included in the Trust Fund as of the Closing Date.
Initial Pool Balance means the aggregate of the Cut-off Date Balances of all the Trust Mortgage Loans.
Initial Pool Balance means $626,209,118.75.
Initial Pool Balance. The aggregate Cut-off Date Principal Balance of all the Original Pooled Mortgage Loans.