Definition of Portfolio Aggregate Outstanding Loan Balance


Portfolio Aggregate Outstanding Loan Balance means with respect to all Portfolio Loans, as of any Determination Date, the sum of the outstanding principal balance of such Portfolio Loans on such date minus the outstanding principal balances of any Charged-Off Portfolio Loans on such date.
Sample 1

Examples of Portfolio Aggregate Outstanding Loan Balance in a sentence

Portfolio Aggregate Outstanding Loan Balance: With respect to all Portfolio Loans, on any day, the sum of the Portfolio Outstanding Loan Balances of such Portfolio Loans on such date minus the Portfolio Outstanding Loan Balances of any Charged-Off Portfolio Loans.
Portfolio Aggregate Outstanding Loan Balance means with respect to all Portfolio Loans, as of any Determination Date, the sum of the Portfolio Outstanding Loan Balances of such Portfolio Loans on such date minus the Portfolio Outstanding Loan Balances of any Defaulted Portfolio Loans and Charged-Off Portfolio Loans on such date.