Collateral Balance definition

Collateral Balance means, as of any date of determination, the sum of (i) the Pool Balance as of such date, and (ii) the Pre-Funded Amount as of such date.

Collateral Balance means (i) with respect to a Purchased Policy (other than an Escrow Policy), the Purchase Price for such Policy together with the amount of all premiums in respect of such Policy that have been paid by or on behalf of the Borrower or the Titling Trust during the period such Policy was included in the Collateral hereunder and (ii) with respect to an Escrow Policy, the lesser of (A) the Purchase Price for such Policy and (B) the funds currently held by an Eligible Escrow Agent pursuant to an Eligible Escrow Agreement in respect of such Purchase Price; provided that upon receipt of any Liquidation Proceeds for a Policy, the Collateral Balance of such Policy shall be deemed to be zero.

Collateral Balance means, as of any date of determination, the sum of

Examples of Collateral Balance in a sentence

• The Class 1-A-1, Class 1-A-2, Class 1-A-3, Class 1-A-4, Class 1-A- 5, Class 1-M-1, Class 1-M-2 Class 1-B-1, Class 1-B-2, Class 1-CE and Class 1-P Certificates Pool 1 Initial Optional Purchase Date: The first Distribution Date following the date on which the Pool 1 Aggregate Collateral Balance is equal to or less than 10.00% of the Pool 1 Aggregate Collateral Balance as of the Cut-off Date.

• The amount of the Collateral Balance will be determined at the discretion of DDP.

• BAU Porting from another SwapClear Clearing Member to Party A / Treatment of assets comprised in the Associated Collateral Balance.

• A transfer of all of Party A’s rights and obligations with respect to the relevant Transaction (Einzelabschluss) under the relevant Clearing DRV and the related Associated LCH Transaction (together with any related assets comprised in the Associated Collateral Balance, if relevant) is subject to the LCH Rules and the applicable law.

• The Collateral Balance will be paid to the Merchant once the Merchant has met all its obligations to DDP.

More Definitions of Collateral Balance

Collateral Balance means (i) with respect to any Loan, the outstanding principal balance of such Loan as of the date of determination, (ii) with respect to a Purchased Policy (other than an Escrow Policy), the Purchase Price for such Policy together with the amount of all premiums in respect of such Policy that have been paid by or on behalf of the Life Settlement Borrower or the Titling Trust during the period such Policy was included in the Collateral hereunder and (iii) with respect to an Escrow Policy, the lesser of (A) the Purchase Price for such Policy and (B) the funds currently held by an Eligible Escrow Agent pursuant to an Eligible Escrow Agreement in respect of such Purchase Price; provided that upon receipt of any Liquidation Proceeds for a Policy, the Collateral Balance of such Policy shall be deemed to be zero.

Collateral Balance means an amount in USD equal to (i) the aggregate of all Collateral Delivery Amounts paid by Party B to Party A minus (ii) the aggregate of all Collateral Return Amounts paid by Party A to Party B.

Collateral Balance. With respect to any date of determination, the sum, without duplication, of (a) the Pool Balance (including, for this purpose, the principal balance of each Carried Defaulted Obligation but only until such time as the payments of principal or Contributions referred to in the definition thereof have been received by the Issuer) as of such date, plus (b) the amounts on deposit in the Prefunding Account and the Reinvesting Revolver Funding Account, Principal Proceeds on deposit in the Reinvestment Collection Subaccount and Principal Proceeds on deposit in the Principal Collection Subaccount available to purchase Additional Collateral Obligations (in each case, including Eligible Investments therein) and the amounts anticipated to be deposited into the Principal Collection Subaccount on the Payment Date immediately succeeding such date of determination.

Collateral Balance means, at any time, the sum of the Net Receivables Pool Balance on such day plus the amount on deposit in the Liquidation Account (other than the amounts set aside pursuant SECTION 1.4(b)(i), SECTION 1.4(b)(ii) and SECTION 1.4(b)(iii) for the benefit of any Purchaser, the Insurer and/or the Servicer).

Collateral Balance has the meaning specified in Section 1502.

Collateral Balance means the amount standing to the credit of the Deposit Account.

Collateral Balance means as at a particular time and in relation to a specific Account of the Member, the amount of Eligible Collateral standing to the credit of that Account;