Aggregate Principal Balance definition

Aggregate Principal Balance means, with respect to any date of determination, the sum of the Principal Balances for all Receivables (other than (i) any Receivable that became a Liquidated Receivable prior to the end of the related Collection Period and (ii) any Receivable that became a Purchased Receivable prior to the end of the related Collection Period) as of the date of determination.

Aggregate Principal Balance means, when used with respect to all or a portion of the Collateral Loans, the sum of the Principal Balances of all or of such portion of such Collateral Loans.

Aggregate Principal Balance means the aggregate of the Principal Balances of all the Collateral Debt Obligations and, when used with respect to some portion of the Collateral Debt Obligations, means the aggregate of the Principal Balances of such Collateral Debt Obligations, in each case, as at the date of determination.

Examples of Aggregate Principal Balance in a sentence

• Copies of such requests received in writing are attached, and details of any such requests received orally are set forth below: Agreement Date of Request Number of Receivables Subject to Request Aggregate Principal Balance of Receivables Subject to Request This notice, and requests contained herein are being sent to you in connection with compliance with Rule 15Ga-1 of the Securities Exchange Act of 1934.

• The Portfolio Manager may not consent to solicitations by issuers of Collateral Obligations to extend the maturity of such Collateral Obligations unless (x) either (i) the maturity of the new Collateral Obligation is not later than the Stated Maturity or (ii) the Aggregate Principal Balance of Long-Dated Obligations is not more than 6% of the Collateral Principal Amount and (y) if the solicitation is after the Reinvestment Period, the Weighted Average Life Test is satisfied.

• On any Distribution Date on which the aggregate of the Stated Principal Balances of the Mortgage Loans immediately after such date is equal to or less than 10% of the Cut-Off Date Aggregate Principal Balance, the Call Option Holder may, at its option, terminate the Agreement by purchasing, on such Distribution Date, all of the outstanding Mortgage Loans and REO Properties at the Termination Price as provided in the Pooling and Servicing Agreement.

• As compensation for the performance of its obligations as Collateral Manager under the Collateral Management Agreement, the Collateral Manager will receive a fee which shall accrue at a rate per annum of 0.15% on the Aggregate Principal Balance of all Collateral Bonds as at the first day of the applicable Collection Period (the "Collateral Management Fee").

• Subject to the following sentence, if on any Business Day the Aggregate Principal Balance is less than the Required Principal Balance, Transferor shall designate Supplemental Accounts from any Approved Portfolio to be included as Accounts in a sufficient amount such that the Aggregate Principal Balance will be equal to or greater than the Required Principal Balance.

More Definitions of Aggregate Principal Balance

Aggregate Principal Balance. The aggregate of the Scheduled Principal Balances for all Mortgage Loans at any date of determination.

Aggregate Principal Balance means, at the time of any determination and as the context may require, the aggregate of the Scheduled Principal Balances for all Mortgage Loans.

Aggregate Principal Balance will equal the sum of the Principal Balances of each outstanding Contract and the Pre-Funded Amount, if any. At the time of initial issuance of the Securities, the initial aggregate principal amount of the Securities will equal the initial Pool Balance plus the initial Pre-Funded Amount.

Aggregate Principal Balance. With respect to any Mortgage Loans and any date of determination, the aggregate of the Principal Balances of such Mortgage Loans as of such date of determination.

Aggregate Principal Balance. As of any Determination Date, the sum of the Group I-A Principal Balance, the Group II-A Principal Balance and the Class B Principal Balance as of such date.

Aggregate Principal Balance means, at any time, the aggregate outstanding principal balance of the Loans hereunder at such time.

Aggregate Principal Balance means the sum of each Note Principal Balance.