Aggregate Starting Receivables Balance definition

Aggregate Starting Receivables Balance. As of any date of determination, the aggregate of the Starting Receivable Balances of the Initial Receivables as of the Initial Cutoff Date, which is $476,822,132.57 plus the aggregate of the Starting Receivable Balances (as of the related Subsequent Cutoff Date) for all Subsequent Receivables sold to the Issuer on or prior to such date of determination.
Sample 1
Aggregate Starting Receivables Balance means the Starting Receivable Balances of the Initial Receivables plus the Starting Receivable Balances of all Subsequent Receivables as of the related Cutoff Date.
Sample 1Sample 2
Aggregate Starting Receivables Balance. As of any date of determination, the aggregate of the Starting Receivable Balances of the Initial Receivables as of the Initial Cutoff Date, which is $398,284,237.80 plus the aggregate of the Starting Receivable Balances (as of the related Subsequent Cutoff Date) for all Subsequent Receivables sold to the Issuer on or prior to such date of determination. Annual Percentage Rate or APR: In the case of Retail Notes, the annual percentage rate specified in the Contract related to such Retail Note and, in the case of Retail Leases, the implicit interest rate in the Contract related to such Retail Lease calculated as an annual percentage rate on a constant yield to maturity basis.
Sample 1

Examples of Aggregate Starting Receivables Balance in a sentence

  • On the last day of any Monthly Period as of which the Aggregate Receivables Balance is 10% or less of the Aggregate Starting Receivables Balance, the Servicer shall have the option to purchase the assets of the Owner Trust Estate other than the Designated Accounts and the Certificate Distribution Account.

  • On the last day of any Monthly Period as of which (i) the Aggregate Receivables Balance is 10% or less of the Aggregate Starting Receivables Balance and (ii) the Class A-1 Notes, the Class A-2 Notes and the Class A-3 Notes have been paid in full, the Servicer shall have the option to purchase the assets of the Owner Trust Estate other than the Designated Accounts and the Certificate Distribution Account.

  • On any Distribution Date following the last day of any Monthly Period as of which the Aggregate Receivables Balance is 10% or less of the Aggregate Starting Receivables Balance, the Servicer shall have the option to purchase the assets of the Owner Trust Estate other than the Designated Accounts and the Certificate Distribution Account.

  • On the last day of ------------------------------------ any Monthly Period as of which (i) the Aggregate Receivables Balance is 10% or less of the Aggregate Starting Receivables Balance and (ii) the Class A-1 Notes, the Class A-2 Notes and the Class A-3 Notes have been paid in full, the Servicer shall have the option to purchase the assets of the Owner Trust Estate other than the Designated Accounts and the Certificate Distribution Account.

  • On the last day ------------------------------------ of any Monthly Period as of which (i) the Aggregate Receivables Balance is 10% or less of the Aggregate Starting Receivables Balance and (ii) the Class A-1 Notes, the Class A-2 Notes and the Class A-3 Notes have been paid in full, the Servicer shall have the option to purchase the assets of the Owner Trust Estate other than the Designated Accounts and the Certificate Distribution Account.

  • On the last day of any ----------------------------------- Monthly Period as of which (i) the Aggregate Receivables Balance is 10% or less of the Aggregate Starting Receivables Balance and (ii) the Class A-1 Notes, the Class A-2 Notes and the Class A-3 Notes have been paid in full, the Servicer shall have the option to purchase the assets of the Owner Trust Estate other than the Designated Accounts and the Certificate Distribution Account.

  • If the Servicer exercises its option to purchase the Receivables when the Class A-1 Notes, the Class A-2 Notes and the Class A-3 Notes have been paid in full and the Aggregate Receivables Balance declines to 10% or less of the Aggregate Starting Receivables Balance, the holders of the Class A-4 Notes and the Class B Notes will be redeemed in whole, but not in part, on any Distribution Date at a redemption price equal to the unpaid principal amount of such Notes, plus accrued and unpaid interest thereon.

  • On any Distribution Date following the last day of any Monthly Period as of which the Aggregate Receivables Balance is 30.00% or less of the Aggregate Starting Receivables Balance (the “Optional Purchase Date”), the Seller shall have the option to purchase all but not less than all of the assets of the Issuer (other than the Designated Accounts and the Certificate Distribution Account).

  • As provided in the Indenture, the Class A-3 Notes may be redeemed in whole, but not in part, at the option of the Servicer, on any Distribution Date on or after the date on which the Aggregate Receivables Balance is less than or equal to 10% of the Aggregate Starting Receivables Balance.

  • Item # Item # 1a Original Pool Amount FIXED INPUT 1a $ 287,268,173.68 1b Subsequent Receivables (transferred 00/00/00) INPUT 1b $ 0.00 1c Subsequent Receivables (transferred 00/00/00) INPUT 1c $ 0.00 1d Subsequent Receivables (transferred 00/00/00) 1d $ 0.00 Total Aggregate Starting Receivables Balance 1e $ 287,268,173.63 I 2 Beggining Receivables Balance prior month [9] 2 $ 287,268,173.68 3 Beginning Pool Factor prior month ending 3 1,0000000 4 (Less:) Principal Collected (Incl.


More Definitions of Aggregate Starting Receivables Balance

Aggregate Starting Receivables Balance. As of any date of determination, -------------------------------------- the sum of the Starting Receivable Balances of the Initial Receivables as of the Initial Cutoff Date, which is $317,954,886.53, plus the aggregate Starting ---- Receivable Balances (as of the related Subsequent Cutoff Date) for all Subsequent Receivables sold to the Owner Trustee on or prior to such date of determination.
Sample 1
Aggregate Starting Receivables Balance means $___________. --------------------------------------
Sample 1
Aggregate Starting Receivables Balance. As of any date of determination, the aggregate Starting Receivable Balances of all the Receivables transferred to the Trust as of the Cutoff Date, which is $940,330,446.21. Annual Percentage Rate or APR: The annual percentage rate specified in the Contract related to such Retail Note.
Sample 1
Aggregate Starting Receivables Balance. As of any date of determination, the aggregate of the Starting Receivable Balances of the Initial Receivables as of the Initial Cutoff Date, which is $326,316,883.05 plus the aggregate of the Starting Receivable Balances (as of the related Subsequent Cutoff Date) for all Subsequent Receivables sold to the Issuer on or prior to such date of determination. Annual Percentage Rate or APR: In the case of Retail Notes other than a Temporary Interest Free Receivable, the annual percentage rate specified in the Contract related to such Retail Note and, in the case of Retail Leases or Temporary Interest Free Receivables, the implicit interest rate in the Contract related to such Retail Lease or Retail Note calculated as an annual percentage rate on a constant yield to maturity basis.
Sample 1
Aggregate Starting Receivables Balance means, as of the Cutoff Date, $______________.
Sample 1

Related to Aggregate Starting Receivables Balance

  • Net Receivables Balance means, at any time, the aggregate Outstanding Balance of all Eligible Receivables at such time reduced by the aggregate amount by which the Outstanding Balance of all Eligible Receivables of each Obligor and its Affiliates exceeds the Concentration Limit for such Obligor.

  • Net Receivables Pool Balance means, at any time: (a) the Outstanding Balance of Eligible Receivables then in the Receivables Pool minus (b) the Excess Concentration.

  • Cut-off Date Pool Principal Balance The aggregate Stated Principal Balances of all Mortgage Loans as of the Cut-off Date.

  • Cut-off Date Pool Balance The aggregate Cut-off Date Principal Balance of all the Original Mortgage Loans.

  • Pool Balance means, as of any date, the aggregate Principal Balance of the Receivables (exclusive of all Administrative Receivables for which the Servicer has paid the Administrative Purchase Payment, Warranty Receivables for which the Seller has paid the Warranty Purchase Payment and Defaulted Receivables) as of the close of business on such date.

  • Aggregate Stated Principal Balance As to any Distribution Date, the aggregate of the Stated Principal Balances for all Mortgage Loans (and when such term is used with respect to a particular Mortgage Pool, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Mortgage Pool) which were outstanding on the Due Date in the month preceding the month of such Distribution Date.

  • Cut-Off Date Aggregate Principal Balance The aggregate of the Cut-off Date Principal Balances of the Mortgage Loans.

  • 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.

  • Subsequent Receivables means the Receivables transferred to the Issuer pursuant to Section 2.2, which shall be listed on Schedule A to the related Subsequent Transfer Agreement.

  • Aggregate Loan Group Balance As to any Loan Group and as of any date of determination, will be equal to the aggregate of the Stated Principal Balances of the Mortgage Loans in that Loan Group, except as otherwise provided, as of the last day of the related Collection Period.

  • Aggregate Collateral Balance means, as at any Measurement Date, the amount equal to the aggregate of the following amounts, as at such Measurement Date:

  • Aggregate Note Principal Balance With respect to the close of a Distribution Date, the sum of the Note Principal Balances for all classes of Notes.

  • Unpaid Balance of any Receivable means at any time the unpaid principal amount thereof.

  • Cut-off Date Principal Balance As to any Mortgage Loan, the Stated Principal Balance thereof as of the close of business on the Cut-off Date.

  • Net Pool Balance means, as of any date, the aggregate Outstanding Principal Balance of all Receivables (other than Defaulted Receivables) of the Issuer on such date.

  • Specified Reserve Fund Balance means, on the Closing Date $3,846,153.85, and with respect to any Payment Date 0.25% of the initial aggregate principal balance of the Receivables as of the Cutoff Date.

  • Loan Group Balance As to each Loan Group, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Loan Group that were Outstanding Mortgage Loans at the time of determination.

  • Adjusted Pool Balance means, on the Closing Date, an amount equal to:

  • Aggregate Planned Balance With respect to any group of Planned Principal Classes or Components and any Distribution Date, the amount set forth for such group for such Distribution Date in Schedule V hereto.

  • Pool Scheduled Principal Balance As to any Distribution Date, the aggregate Scheduled Principal Balances of all Mortgage Loans that were Outstanding Mortgage Loans on the Due Date in the month preceding the month of such Distribution Date.

  • Planned Principal Balance means for any Distribution Date, the balance shown for such Distribution Date on Schedule XVII.

  • Eligible Account Receivable means an Account Receivable owing to the Company or any Domestic Subsidiary which meets the following requirements:

  • Collection Period means, with respect to any Payment Date, the period commencing on the first day of the calendar month immediately preceding the month in which such Payment Date occurs (and, in the case of the first Collection Period, the period from (but excluding) the Cutoff Date) and ending on the last day of the calendar month immediately preceding the month in which such Payment Date occurs.

  • Pool Principal Balance As to any Distribution Date, the aggregate of the Scheduled Principal Balances of the Mortgage Loans which were Outstanding Mortgage Loans on the Due Date in the month preceding the month of such Distribution Date.

  • Net Amount of Eligible Accounts means the gross amount of Eligible Accounts less (a) sales, excise or similar taxes included in the amount thereof and (b) returns, discounts, claims, credits and allowances of any nature at any time issued, owing, granted, outstanding, available or claimed with respect thereto.

  • Adjusted Principal Balance As to any Distribution Date and any Class of Class B Certificates, the greater of (A) zero and (B) (i) the Principal Balance of such Class with respect to such Distribution Date minus (ii) the Adjustment Amount for such Distribution Date less the Principal Balances for any Classes of Class B Certificates with higher numerical designations.