Issue Date Pool Balance definition

Issue Date Pool Balance. As to any Trust, the sum of the Issue Date Loan Balances of all Mortgage Loans included in that Trust as of the Issue Date, without regard to any substitute Mortgage Loans.

Examples of Issue Date Pool Balance in a sentence

  • The Issue Date Pool Balance, Issue Date and Pass-Through Rate are stated above.

  • With regard to each Trust, all of the terms and conditions of the Trust Documents will become binding and irrevocable at such time as the Issuer first causes a Certificate for that Trust to be issued; provided, however, that the Issue Date Pool Balance may be increased during the same calendar month as the Issue Date if additional Certificates of a Trust are transferred when additional Mortgage Loans are added, upon settlement and transfer of consideration for those additional Certificates.

  • The Issuer will determine the Issue Date Pool Balance of, and specify the Mortgage Loans constituting, a Pool as of the Issue Date by listing the Mortgage Loans in that Pool on the Mortgage Loan Schedule.

  • Not later than the first Distribution Date, the Issuer will establish the final Issue Date Pool Balance of the Pool on the Books and Records.

  • The Issue Date Pool Balance, Pass-Through Rate and Issue Date are stated above.

  • The Issue Date Pool Balance, Issue Date and Initial Pass-Through Rate are stated above.

  • The Issue Date Pool Balance, Initial Pool Accrual Rate and Issue Date are stated above.

  • The Pool number (identified as the “Security Identifier”), the Pool Prefix, the CUSIP, the Issue Date, the Pass-Through Rate (identified as the “WA Net Interest Rate”), the Issue Date Pool Balance (identified as the “Investor Security UPB”), the “Amortization Type” and the Settlement Date are specified at the top of Page 2 of this Issue Supplement.

  • The Pool number (identified as the “Security Identifier”), the Pool Prefix, the CUSIP, the Issue Date, the Pass-Through Rate (identified as the “WA Net Interest Rate”), the Issue Date Pool Balance (identified as the “Investor Security UPB”), the “Amortization Type” (i.e., whether the underlying Mortgage-Backed Securities are ultimately backed by fixed-rate or adjustable-rate loans) and the Settlement Date are specified on Page 2 of this Issue Supplement.

  • Xxxxxx Notary Public My commission expires: November 14, 2016 EXHIBIT A ISSUE SUPPLEMENT TO 2016 SINGLE-FAMILY MASTER TRUST AGREEMENT Effective June 1, 2016 XXXXXX MAE (Fixed-Rate Single-Family Mortgage Loans) Xxxxxx Xxx Pool Number: Issue Date Pool Balance: $ Pass-Through Rate: % Issue Date: Security Description: CUSIP: THIS IS AN ISSUE SUPPLEMENT under the 2016 Single-Family Master Trust Agreement, effective June 1, 2016, by the Federal National Mortgage Association (“Xxxxxx Mae”).

Related to Issue Date Pool Balance

  • 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.

  • Cut-off Date Pool Principal Balance The aggregate Stated Principal Balances of all Mortgage Loans as of the Cut-off Date.

  • Net Pool Balance means, as of any date, the aggregate Outstanding Principal Balance of all Receivables (other than Defaulted Receivables) of the Issuer on such date.

  • Original Pool Balance means the Pool Balance as of the Cutoff Date.

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

  • Cut-Off Date Aggregate Principal Balance The aggregate of the Cut-off Date Principal Balances of the Mortgage Loans.

  • Aggregate Note Principal Balance With respect to the close of a Distribution Date, the sum of the Note Principal Balances for all classes of Notes.

  • Class A Certificate Principal Balance As of any date of determination, the sum of the Class A-1 Certificate Principal Balance, the Class A-2A Certificate Principal Balance, the Class A-2B Certificate Principal Balance, the Class A-2C Certificate Principal Balance, the Class A-2D Certificate Principal Balance and the Class R Certificate Principal Balance.

  • Net Receivables Pool Balance means, at any time: (a) the Outstanding Balance of Eligible Receivables then in the Receivables Pool minus (b) the Excess Concentration.

  • Class A Principal Balance As of any date, an amount equal to the sum of the Principal Balances for the Class A-1 Certificates, Class A-2 Certificates, Class A-3 Certificates, Class A-4 Certificates, Class A-PO Certificates and Class A-R Certificate.

  • Original Class B Principal Balance The sum of the Original Class B-1 Principal Balance, Original Class B-2 Principal Balance, Original Class B-3 Principal Balance, Original Class B-4 Principal Balance, Original Class B-5 Principal Balance and Original Class B-6 Principal Balance, as set forth in Section 11.14.

  • Aggregate Principal Balance means, with respect to any date of determination, the sum of the Principal Balances for all Receivables (other than (i) any Receivable that became a Liquidated Receivable prior to the end of the related Collection Period and (ii) any Receivable that became a Purchased Receivable prior to the end of the related Collection Period) as of the date of determination.

  • Class A Note Initial Principal Balance means $750,000,000.

  • CLASS M PRINCIPAL BALANCE As of any Distribution Date, (a) the Class M Principal Balance for the immediately preceding Distribution Date less (b) amounts distributed to the Class M Certificateholders on such preceding Distribution Date allocable to principal (including the principal portion of Advances of the Servicer made pursuant to Section 6.03 and Realized Losses allocated to the Class M Certificates pursuant to Section 6.04); provided that the Class M Principal Balance on the first Distribution Date shall be the Original Class M Principal Balance, and provided further that if the aggregate Outstanding Certificate Principal Balance of the Class B Certificates has been reduced to zero, as of any Distribution Date, the Class M Principal Balance will equal the excess of the Mortgage Pool Principal Balance (together with the portion of any Monthly Payment due but not paid with respect to which an Advance has not been made) over the Class A Principal Balance.

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

  • Cut-off Date Principal Balance As to any Mortgage Loan, the Stated Principal Balance thereof as of the close of business on the Cut-off Date.