Monthly Pool definition

Monthly Pool means a pool of Eligible Vehicle Collateral designated by the Servicer/Manager as belonging to a specified pool and segregated by month of acquisition for the purpose of financing such pool with the proceeds of a single Loan hereunder.
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Monthly Pool means with respect to the Purchased Receivables relating to any Fund purchased during any calendar month, the Receivables relating to (a) the Shares of such Fund whose Issue Price is included in the calculation of the Purchase Price of Purchased Receivables relating to such Fund purchased during such calendar month; (b) the Shares of such Fund issued in a Free Exchange in exchange for (i) Shares of another Fund whose Issue Price was included in the calculation of the Purchase Price of Purchased Receivables relating to such other Fund purchased during such calendar month and (ii) Shares of such other Fund issued in connection with the reinvestment of dividends (whether ordinary, capital gain or exempt-interest dividends) paid in respect of the Shares of such other Fund described in clause (b)(i) above or this clause (b)(ii); and (c) the Shares of such Fund issued in connection with the reinvestment of dividends (whether ordinary, capital gain or exempt-interest dividends) paid in respect of the Shares of such Fund described in clause (a) or (b) above or this clause (c).
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Monthly Pool means a pool of Receivables owned by the Borrower, at any time, with Origination Dates occurring in a common month. For the avoidance of doubt, notwithstanding Parent’s subsequent repurchase of a Receivable in any Monthly Pool or the Borrower’s subsequent sale for any reason, such Receivable shall remain part of such Monthly Pool.
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Examples of Monthly Pool in a sentence

  • Each such monthly report shall be delivered to the Issuer, the Security Trustee, the Seller and the Rating Agencies within ten (10) Business Days of each Monthly Pool Date and posted on the following website: xxx.xxx.xx.xx on or around the end of each calendar month and as such the Investor Report will be available to, amongst others, the Class A Noteholders and the Interest Rate Swap Provider.

  • Consideration for repurchase:The amount payable by the Seller (or, if applicable, YBS or one of its subsidiaries) in respect of the repurchase of the Loans and Related Security shall be equal to the aggregate of the Current Balance (excluding, if applicable, the amount of any Further Advance which has not yet been paid for by the Issuer) of the relevant Loan calculated on the day before the relevant Monthly Pool Date.

  • Monthly Pool Performance MIS is received from the trustee and is analyzed for any variation.

  • These parameters can be optimized by manipulating several factors, including the specimen volume, the detector threshold (gain), the type and condition of the chromatographic column, preconcentration of the analyte, the amount and type of internal standard, the extraction efficiency and the analytical method (Goldberger et al., 1997).

  • Monthly Pool Date means the 16th of each month, or if such day is not a Business Day, the immediately following Business Day.

  • Each Loan will be related to a Monthly Pool and Loan Date pursuant to this Agreement.

  • Each such monthly report shall be delivered to the Issuer, the Security Trustee, the Seller and the Rating Agencies within ten (10) Business Days of each Monthly Pool Date and posted on the following website: xxx.xxx.xx.xx on or around the end of each calendar month and as such the Investor Report will be available to, amongst others, the Class A Noteholders and the Interest Rate Hedge Provider.

  • Consideration for repurchase: Consideration payable by the Seller in respect of therepurchase of the Loans and their Related Security shall be equal to the Current Balance of the relevant Loan plus any Accrued Interest on the Monthly Pool Date immediately following a determination by the Seller that such breach or breaches cannot be remedied or failure by the Seller to remedy such breach or breaches.

  • Regular Weekly Pool-Spa Service Regular 3 Times a Month Pool-Spa Service Regular Bi-Weekly Pool-Spa Service Regular Monthly Pool Spa Service Regular Weekly Pool-Spa Water Test Service Regular 3 Times a Month Pool-Spa Water Test Service Regular Bi-Weekly Pool-Spa Water Test Service Spa Full Service Spa Spot Check Service I do not want regular service during the summer months.

  • By signing this form, you acknowledge that you have received and read a copy of the Monthly Pool Service Agreement which describes how both parties will work together to maintain you pool on a monthly basis.


More Definitions of Monthly Pool

Monthly Pool means, with respect to any Sub-Fund and any calendar month:
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Related to Monthly Pool

  • Monthly P&I means, with respect to any Receivable, the amount of each monthly installment of principal and interest payable with respect to such Receivable in accordance with the terms thereof, exclusive of any charges allocable to the financing of any insurance premium and charges which represent late payment charges or extension fees.

  • Monthly P&I Advance An advance of funds by the Master Servicer pursuant to Section 4.02 or a Servicer pursuant to its Selling and Servicing Contract to cover delinquent principal and interest installments.

  • Monthly Period means the period from and including the first day of a calendar month to and including the last day of such calendar month.

  • Monthly Servicing Fee shall have the meaning specified in subsection 3.01.

  • Master Servicer Remittance Amount With respect to each Master Servicer and each Master Servicer Remittance Date, an amount equal to (a) all amounts on deposit in such Master Servicer’s Collection Account as of 11:00 a.m., New York City time, on such Master Servicer Remittance Date, net of (b) any portion of the amounts described in clause (a) of this definition that represents one or more of the following: (i) collected Monthly Payments with respect to any Mortgage Loan serviced by such Master Servicer that are due on a Due Date following the end of the related Collection Period, (ii) to the extent not covered by clause (i) above, any payments of principal (including Principal Prepayments) and interest, Insurance Proceeds, Condemnation Proceeds and Liquidation Proceeds Received by the Trust with respect to any Mortgage Loan or REO Property serviced by such Master Servicer after the end of the related Collection Period, (iii) any Prepayment Premiums and/or Yield Maintenance Charges Received by the Trust with respect to any Mortgage Loan or successor REO Mortgage Loan serviced by such Master Servicer with respect thereto after the end of the related Collection Period, (iv) any Excess Liquidation Proceeds, (v) any amounts payable or reimbursable to any Person from such Collection Account pursuant to clauses (ii) through (xxii) of Section 3.05(a), and (vi) any amounts deposited in such Collection Account in error; provided that the Master Servicer Remittance Amount with respect to such Master Servicer for the Master Servicer Remittance Date that occurs in the same calendar month as the anticipated Final Distribution Date shall be calculated without regard to clauses (b)(i), (b)(ii), (b)(iii) and (b)(iv) of this definition.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Monthly Payment The scheduled monthly payment of principal and interest on a Mortgage Loan.

  • Applicable Monthly Payment For any Mortgage Loan (including an Outside Serviced Mortgage Loan) with respect to any month (including any such Mortgage Loan as to which the related Mortgaged Property has become an REO Property), the Monthly Payment; provided, however, that for purposes of calculating the amount of any P&I Advance required to be made by the Master Servicer or the Trustee, notwithstanding the amount of such Applicable Monthly Payment, interest shall be calculated at the Mortgage Rate less the Servicing Fee Rate and, if applicable, shall be exclusive of Excess Interest; and provided, further, that for purposes of determining the amount of any P&I Advance, the Monthly Payment shall be as reduced pursuant to any modification of a Mortgage Loan pursuant to Section 3.24 of this Agreement or pursuant to the applicable Outside Servicing Agreement, or pursuant to any bankruptcy, insolvency, or other similar proceeding involving the related Mortgagor.

  • Monthly Payments has the meaning set forth in Section 7.2B.

  • Initial Monthly Payment Fund An amount representing scheduled principal amortization and interest at the Net Mortgage Rate for the Due Date in the first Due Period commencing subsequent to the Cut-off Date for those Mortgage Loans for which the Trustee will not be entitled to receive such payment, and as more specifically defined in the Series Supplement.

  • Group I Principal Remittance Amount With respect to any Distribution Date, the sum of the amounts described in clauses (i) through (iii) of the definition of Group I Principal Distribution Amount.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Principal Remittance Amount With respect to any Distribution Date, the sum of the Group I Principal Remittance Amount and the Group II Principal Remittance Amount.

  • Collection Period means, with respect to any Payment Date, the period commencing on the first day of the calendar month immediately preceding the month in which such Payment Date occurs (and, in the case of the first Collection Period, the period from (but excluding) the Cutoff Date) and ending on the last day of the calendar month immediately preceding the month in which such Payment Date occurs.

  • Group II Principal Remittance Amount With respect to any Distribution Date, the sum of the amounts described in clauses (i) through (iii) of the definition of Group II Principal Distribution Amount.

  • Monthly Payment Rate means, for any Monthly Period, a fraction (expressed as a percentage), (a) the numerator of which is the Principal Collections during such Monthly Period, and (b) the denominator of which is the Combined Outstanding Principal Balances as of the beginning of such Monthly Period.

  • Group I Interest Remittance Amount With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group I Mortgage Loans.

  • Unscheduled Principal Receipt Period Either a Mid-Month Receipt Period or a Prior Month Receipt Period.

  • Group II Interest Remittance Amount With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group II Mortgage Loans.

  • Assumed Monthly Payment With respect to (a) any Mortgage Loan that is a Balloon Mortgage Loan delinquent in respect of its Balloon Payment beyond the Determination Date immediately following its scheduled maturity date (as such date may be extended in connection with a bankruptcy, insolvency or similar proceeding involving the related Borrower or by reason of a modification, waiver or amendment granted or agreed to by the applicable Master Servicer or the applicable Special Servicer), for that scheduled maturity date and for each subsequent Due Date as of which such Mortgage Loan remains outstanding and part of the Trust Fund, the scheduled monthly payment of principal and/or interest deemed to be due with respect to such Mortgage Loan on such Due Date equal to the amount (exclusive of Default Interest and any Post-ARD Additional Interest) that would have been due in respect thereof on such Due Date if such Mortgage Loan had been required to continue to accrue interest in accordance with its terms, and to pay principal in accordance with the amortization schedule (if any), in effect immediately prior to, and without regard to the occurrence of, such maturity date; and (b) any REO Mortgage Loan, for any Due Date as of which the related REO Property (or, in the case of any REO Mortgage Loan that is a successor to any Mortgage Loan in a Loan Combination, any interest in the related REO Property) remains part of the Trust Fund, the scheduled monthly payment of principal and/or interest deemed to be due in respect thereof on such Due Date equal to the Monthly Payment (or, in the case of a Balloon Mortgage Loan described in clause (a) of this definition, the Assumed Monthly Payment) that was due (or deemed due) with respect to the related Mortgage Loan on the last Due Date prior to its becoming an REO Mortgage Loan.

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Unscheduled Principal Receipt Any Principal Prepayment or other recovery of principal on a Mortgage Loan, including, without limitation, Liquidation Proceeds, Net REO Proceeds, Recoveries and proceeds received from any condemnation award or proceeds in lieu of condemnation other than that portion of such proceeds released to the Mortgagor in accordance with the terms of the Mortgage or Prudent Servicing Practices, but excluding any Liquidation Profits and proceeds of a repurchase of a Mortgage Loan by the Seller and any Substitution Principal Amounts.

  • Monthly Remittance Amount The sum of the Group I Monthly Remittance Amount and the Group II Monthly Remittance Amount.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Master Servicer Remittance Date With respect to any Distribution Date, the Business Day immediately preceding such Distribution Date.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.