Examples of Pool Balance in a sentence
The Seller or the Servicer of the Receivables may at its option purchase the corpus of the Holding Trust at a price specified in the Sale and Servicing Agreement, and such purchase of the Receivables and other property of the Holding Trust will effect early retirement of the Holding Trust Certificate; however, such right of purchase is exercisable, subject to certain restrictions, only as of the last day of any Collection Period as of which the Pool Balance is 10% or less of the Original Pool Balance.
The Seller or the Servicer of the Receivables may at its option purchase the corpus of the Trust at a price specified in the Sale and Servicing Agreement, and such purchase of the Receivables and other property of the Trust will effect early retirement of the Certificates; however, such right of purchase is exercisable, subject to certain restrictions, only as of the last day of any Collection Period as of which the Pool Balance is 10% or less of the Original Pool Balance.
Initial {71} Specified Reserve Balance ([]% of the Pool Balance as of the Cutoff Date) {71} {72} Beginning of period Reserve Account balance {72} {73} Reserve Account Deposit from Collection Account {73} {74} Investment Earnings - Reserve Account {74} {75} Investment Earnings - transferred to Collection Account Available Funds {75} {76} Reserve Account Withdrawal Amount {76} {77} End of period Reserve Account balance {77} {78} Reserve Account deficiency {78} {79} Reserve Account draw amount {79} VII.