Definition of Pooled Funding Conduit Investor


Pooled Funding Conduit Investor means each Conduit Investor that is not a Match Funding Conduit Investor.
Sample 1

Examples of Pooled Funding Conduit Investor in a sentence

All computations of Yield and all per annum fees hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first but excluding the last day(except in the case of a Rate Period applicable to a Pooled Funding Conduit Investor, which shall include the first and the last day)) elapsed.
Section 1.14 Clause (h) of Section 8.1 now appearing in the TAA is hereby deleted in its entirety and replaced with the following: (h) the average Default Ratio for any period of three (3) consecutive months exceeds 6.0%; or Section 1.15 The TAA presently provides that a Conduit Investor has the option of being either a Match Funding Conduit Investor or a Pooled Funding Conduit Investor.
On the effective date of this Amendment, (i) such option shall terminate, (ii) each Conduit Investor shall thereupon and at all times thereafter be deemed to be a Pooled Funding Conduit Investor and (iii) each term or provision of the TAA, including, without limitation, Section 2.4(b), relating to a Conduit Investor as a Match Funding Conduit Investor shall cease to be operative or available.