PAC Balance definition
PAC Balance. As to any Distribution Date and any Class of PAC Certificates and any PAC Component, the balance designated as such for such Distribution Date and such Class or Component as set forth in the Principal Balance Schedules.
PAC Balance. For any Distribution Date, the amount set forth in the schedule in Exhibit S-I for such Distribution Date.
PAC Balance. As of any date of determination, the sum of the Certificate Principal Balances of the PAC Certificates (other than the Class A-5-2 Component).
Examples of PAC Balance in a sentence
All properties used in the operations of PAC and its subsidiaries are reflected in the PAC Balance Sheet to the extent GAAP requires the same to be reflected.
All accounts receivable of PAC or any of its subsidiaries existing as of the PAC Balance Sheet Date, or arising between the PAK Balance Sheet Date and the Closing, have been collected or will be collected in the ordinary course of PAC's business.
More Definitions of PAC Balance
PAC Balance. As of any date of determination, the sum of the Certificate Principal Balances of the Class A-1, Class A-2 and Class A-3 Certificates.