Definition of Pooled Allocation

  1. Pooled Allocation means, for each Pool Funded Purchase Interest, an amount each day equal to the product of (i) the Pooled Percentage Share of such Purchase Interest on such day multiplied by (ii) the aggregate amount of Funding Charges for such day.

Examples of Pooled Allocation in a sentence

  1. Each such Purchase Interest will accrue Funding Charges each day based on the Pooled Allocation.

Definition of Pooled Allocation in Receivables Sale Agreement

Pooled Allocation means, for each Pool Funded Purchase Interest, an amount each day equal to the product of (i) the Pooled Percentage Share of such Purchase Interest on such day multiplied by (ii) the aggregate amount of Funding Charges for such day.