Original Pool Balance definition
Original Pool Balance means the Pool Balance as of the Cutoff Date.
Original Pool Balance means the aggregate Principal Balance of the Receivables on the Cut-off Date.
Original Pool Balance means the sum, as of any date, of the Pool Balance as of the Initial Cutoff Date, plus the aggregate Principal Balance of the Subsequent Receivables, if any, sold to the Trust, as of their respective Subsequent Cutoff Dates.
Examples of Original Pool Balance in a sentence
The Servicer of the Receivables may at its option purchase the Owner Trust Estate at a price specified in the Sale and Servicing Agreement, and such purchase of the Receivables and other property of the Issuer will effect early retirement of the Trust Certificates; provided, however, such right of purchase is exercisable only as of the last day of any Collection Period as of which the Pool Balance is less than or equal to 10% of the Original Pool Balance.
More Definitions of Original Pool Balance
Original Pool Balance means the Pool Balance as of the Cutoff Date, or $1,272,421,907.79.
Original Pool Balance means $__________.
Original Pool Balance means $1,889,359,251.43.
Original Pool Balance means $1,038,130,389.12.
Original Pool Balance means $1,619,433,198.45.
Original Pool Balance means $2,159,248,354.49.
Original Pool Balance means $1,168,453,084.52.