Definition of Pool Certificate

  1. Pool Certificate means a report, certified by the chief financial officer or treasurer of the Borrower, substantially in the form of Exhibit B, setting forth the calculations required to establish the Pool Values of each Pool Asset as of a specified date and certifying that each Pool Asset remains an Eligible Pool Asset, all in form and detail satisfactory to the Administrative Agent.

Examples of Pool Certificate in a sentence

  1. Failure of the Pool Investor to submit the Pool Certificate to CSA for redemption on the date of prepayment if the prepaid loan is the last loan in the pool specified by SBA or CSA will not entitle the Pool Investor to accrued interest beyond such date.

Definition of Pool Certificate in Second Amended and Restated Credit Agreement

Pool Certificate means a report, certified by the chief financial officer or treasurer of the Borrower, substantially in the form of Exhibit B, setting forth the calculations required to establish the Pool Values of each Pool Asset as of a specified date and certifying that each Pool Asset remains an Eligible Pool Asset, all in form and detail satisfactory to the Administrative Agent.