Outstanding Pool Balance definition

Outstanding Pool Balance means the Pool Balance as of the end of the related Collection Period.
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Outstanding Pool Balance means, as of any date of ------------------------ determination, the aggregate Outstanding Principal Balance of the Mortgage Loans.
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Outstanding Pool Balance. Pool Factor: K. Aggregate Purchase Amounts for Collection Period: L. Aggregate Amount of Realized Losses for the Collection Period: EXHIBIT D Custodial Agreement EXHIBIT E LIMITED POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENT, pursuant to Section 3.06(f) of a certain Servicing Agreement dated June 17, 1997, herein termed the "Servicing Agreement", among FIRST MERCHANTS ACCEPTANCE CORPORATION, a Delaware corporation herein termed the "Servicer", GREENWICH CAPITAL FINANCIAL PRODUCTS, INC., a Delaware corporation herein termed the "Attorney", and HARRXX XXXST AND SAVINGS BANK, an Illinois banking corporation, the undersigned Servicer does hereby constitute and appoint the Attorney, its successors and assigns, as the true and lawful attorney-in-fact of the Servicer and with full power by an instrument in writing to appoint a substitute or substitutes, to demand, reduce to possession, collect, receive, receipt for, endorse, compromise, settle or assign without recourse any and all indebtedness, notes, commercial paper, promises to pay, retail installment sale contracts, chattel paper, instruments, choses in action and other obligations described in Schedule "A" to the Servicing Agreement, herein termed the "Receivables", together with all monies due or to become due under said Receivables, and any and all claims, choses in action, and rights and causes of action relating thereto, including any and all real estate and personal property, security instruments and insurance policies held as security for said Receivables, and all other property of every kind relating thereto; to cancel or release the Receivables and release any security, in whole or in part and in connection therewith to execute, acknowledge or handle proper discharges, releases, satisfactions, certificates of title, other lien certificates or other instruments in writing which may become necessary in order to carry the foregoing powers into effect, the Servicer hereby ratifying and confirming all acts and things lawfully and reasonably done by the Attorney or its substitute or substitutes in pursuance of the authority herein granted.
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Examples of Outstanding Pool Balance in a sentence

  • Specified Spread Account Amount 5.5% of Outstanding Pool Balance iv.

  • Specified Spread Account Amount 4.5% of Outstanding Pool Balance iv.

  • Maximum Spread Account Amount 10.00% of Outstanding Pool Balance v.

  • Ratio of the Balance of Contracts Delinquent 60 Days or More and the Balance of Contracts Repossessed and not yet Charged-off to the Outstanding Pool Balance as of each Collection Period.

  • Specified Spread Account Amount 2.5% of Outstanding Pool Balance iv.

  • Specified Spread Account Amount 5.25% of Outstanding Pool Balance iv.

  • Specified Spread Account Amount 3.00% of Outstanding Pool Balance iv.

  • Specified Spread Account Amount 6% of Outstanding Pool Balance iv.

  • Specified Spread Account Amount 3.25% of Outstanding Pool Balance iv.

  • With respect to the Mortgage Loan secured by the Mortgaged Property identified on Annex A-1 to the Primary Free Writing Prospectus as Southfield Town Center, representing approximately 7.6% of the Initial Outstanding Pool Balance, at origination, the borrowers deposited $2,384,802.07 into an outstanding free rent and rent abatement reserve account (also identified as a Free Rent Reserve) and $3,991,750.69 into an outstanding leasing cost reserve account (also identified as an Existing Leases Reserve).


More Definitions of Outstanding Pool Balance

Outstanding Pool Balance means, as of any date of determination, the aggregate Outstanding Principal Balance of the Mortgage Loans.
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Related to Outstanding 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.

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

  • 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.

  • Outstanding Principal Balance As of the time of any determination, the principal balance of a Mortgage Loan remaining to be paid by the Mortgagor, or, in the case of an REO Property, the principal balance of the related Mortgage Loan remaining to be paid by the Mortgagor at the time such property was acquired by the Trust Fund less any Net Liquidation Proceeds with respect thereto to the extent applied to principal.

  • Aggregate Outstanding Principal Balance means, as of any date of determination, the sum of the Outstanding Principal Balances of each Class outstanding 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 $ .

  • 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.

  • Outstanding Balance of any Receivable at any time means the then outstanding principal balance thereof.

  • Adjusted Principal Balance As to any Distribution Date and any Class of Class B Certificates, the greater of (A) zero and (B) (i) the Principal Balance of such Class with respect to such Distribution Date minus (ii) the Adjustment Amount for such Distribution Date less the Principal Balances for any Classes of Class B Certificates with higher numerical designations.

  • Pool Principal Balance As to any Distribution Date, the aggregate of the Scheduled Principal Balances of the Mortgage Loans which were Outstanding Mortgage Loans on the Due Date in the month preceding the month of such Distribution Date.

  • 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.

  • Class A-1 Principal Balance as of any date means the Class A‑1 Initial Principal Balance less all amounts paid to the holders of Class A‑1 Notes in respect of principal pursuant to Section 5.06 hereof.

  • Class Balance With respect to any Class of Certificates, at any time, the aggregate of the Certificate Balances of all Outstanding Certificates of such Class.

  • Average Principal Balance means for any Monthly Period in which a Reset Date occurs, the sum of (i) the Aggregate Principal Receivables determined as of the close of business on the last day of the prior Monthly Period, multiplied by a fraction the numerator of which is the number of days from and including the first day of such Monthly Period, to but excluding the related Reset Date, and the denominator of which is the number of days in such Monthly Period, and (ii) for each such Reset Date, the product of the Aggregate Principal Receivables determined as of the close of business on such Reset Date, multiplied by a fraction, the numerator of which is the number of days from and including such Reset Date, to the earlier of the last day of such Monthly Period (in which case such period shall include such date) or the next succeeding Reset Date (in which case such period shall exclude such date), and the denominator of which is the number of days in such Monthly Period.

  • Principal Balance means the outstanding principal amount of the Loan, plus interest expected to be capitalized (if any), less amounts which may not be insured (such as late charges).

  • 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.

  • 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.

  • Original Class B-6 Principal Balance The Class B-6 Principal Balance as of the Cut-Off Date, as set forth in Section 11.15.

  • Class B Principal Balance As of any date, an amount equal to the sum of the Class B-1 Principal Balance, Class B-2 Principal Balance, Class B-3 Principal Balance, Class B-4 Principal Balance, Class B-5 Principal Balance and Class B-6 Principal Balance.

  • Outstanding Loan Balance means the principal amount of your full-time Direct Loans outstanding at any time, including any Canada Student Grant amount(s) converted to a Direct Loan, together with all interest on those amounts.

  • Class A-2 Principal Balance as of any date means the Class A-2 Initial Principal Balance less all amounts paid to the holders of Class A-2 Notes in respect of principal pursuant to Section 5.06 hereof.

  • Class B-6 Principal Balance As to the first Determination Date, the Original Class B-6 Principal Balance. As of any subsequent Determination Date, the lesser of (i) the Original Class B-6 Principal Balance less the sum of (a) all amounts previously distributed in respect of the Class B-6 Certificates on prior Distribution Dates pursuant to Paragraph twenty-second of Section 4.01(a) and (b) the Realized Losses allocated through such Determination Date to the Class B-6 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding Distribution Date less the Class A Principal Balance, the Class B-1 Principal Balance, the Class B-2 Principal Balance, the Class B-3 Principal Balance, the Class B-4 Principal Balance and the Class B-5 Principal Balance as of such Determination Date.

  • 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.

  • Original Class B-5 Principal Balance The Class B-5 Principal Balance as of the Cut-Off Date, as set forth in Section 11.15.

  • Note Principal Balance means, with respect to each Note, at any time of determination, the Principal Balance for such Note, as set forth on the Mortgage Loan Schedule, less any payments of principal thereon (or any New Notes issued in substitution thereof) received by the related Note Holder (or any holders of New Notes in substitution thereof) or reductions in such amount pursuant to Section 3 or 4, as applicable.