Securitized Pool definition

Securitized Pool means, as of any date, all assets originated by the Originators or any other Affiliate of WCF and financed by any special purpose entity and which are serviced by WCF including the assets in all term issuances, all warehouse facilities (other than the Series 2008-A Notes) and other securitization facilities that are outstanding at any time between the Closing Date and the date on which the Series 2008-A Notes are paid in full excluding PYF 2007-A Notes and any future securitized pool of assets that is not composed of collateral with eligibility requirements generally analogous to those of the Pledged Loans.
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Securitized Pool means each pool of receivables directly or indirectly transferred by UAFC or UAC to a securitization vehicle in a structured finance transaction involving prime automobile installment sales contracts and installment notes and security agreements, similar to the Contracts, beginning with and including the pool of receivables securitized in connection with the UACSC 2995-D Auto Trust.
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Securitized Pool means, as of any date, all assets originated by the Originators or any other Affiliate of WCF and financed by any special purpose entity and which are serviced by WCF including the assets in all term issuances, all warehouse facilities (other than the Series 2002-1 Notes and the Series 2008-A Notes) and other securitization facilities that are outstanding at any time between the Closing Date and the date on which the Series 2008-A Notes are paid in full excluding PYF 2007-A Notes and any future securitized pool of assets that is not composed of collateral with eligibility requirements generally analogous to those of the Pledged Loans.
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Examples of Securitized Pool in a sentence

  • Each of the Purchaser and the Agent acknowledges that it has no right to require the Transferor to register under the Act or any other securities law any Certificates to be acquired by the Agent for the benefit of the Purchaser or any other Owner pursuant to this Agreement.

  • The following definition is added to Section 16.0 of the Agreement in proper alphabetical order: Securitization Reductions: Reductions from the Total Securitized Pool including but not limited to reductions for credit enhancement certificates or notes, initial deposits to spread accounts, plus to the extent the following "Fees" deducted from the closing proceeds are greater the one percent (1.00%) of the Total Securitized Pool, placement agent fees, legal fees, insurer fees, and accounting fees.

  • At any time, the minimum spread (expressed as a percentage) required under the terms of the Securitization Facility Documents between the Trust's cost of funds and the yield on the Securitized Pool.

  • Section 10.1 of the Original Indenture is hereby amended by deleting each of clauses (f), (g) and (r) thereof in their entirety and inserting the following in lieu thereof: (f) the Four Month Default Percentage as of any Payment Date exceeds 1.50%; (g) the Three Month Rolling Average Delinquency Ratio as calculated for any Payment Date exceeds 4.50%; (r) the Securitized Pool Three Month Rolling Average Delinquency Percentage exceeds 4.50% for four consecutive Payment Dates; SECTION 6.

  • Each Variable Funding Certificate related to the Issuer holding or acquiring a single Securitized Pool shall constitute a "Series" of limited liability company interests in the Company within the meaning of Section 18-215 of the Act.

  • Notwithstanding anything herein to the contrary, UDC shall not be entitled to any payment of the UDC Excess Amount attributable to any Securitized Pool which Servicer is not then servicing.


More Definitions of Securitized Pool

Securitized Pool shall have the meaning assigned to such term in Section 7.4 hereof.
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Securitized Pool means a securitized pool of automobile contracts and loans that were originated or purchased by Onyx.
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