Aggregate Principal Balance. The Cut-off Date Principal Balance respecting each Pooled Mortgage Loan shall be at least equal to the original unpaid principal balance of the Agency Security for the Pooled Mortgage Loans designated to be issued.
Aggregate Principal Balance. The Cut-off Date Principal Balance respecting such Mortgage Pool shall be at least equal to the Agency Security Face Amount for the Agency Security designated to be issued.
Aggregate Principal Balance. 13 Reserve..............................................................................................13
Aggregate Principal Balance. On each day, the product of (i) the --------------------------- daily aggregate Floating Allocation Percentage with respect to Default Amounts for all Senior Classes and (ii) the sum of the Excess Funding Amount and the Aggregate Principal Receivables, is not less than the sum of the Senior Class Certificate Principal Balances for all Senior Classes.
Aggregate Principal Balance. On each day, the product of (i) the aggregate Floating Allocation Percentage with respect to Default Amounts for all Senior Classes (as of the end of the most recent Monthly Period) and (ii) the sum of the Excess Funding Amount and the Aggregate Principal Receivables, shall at least equal the sum of the Senior Class Certificate Principal Balances for all Senior Classes. (j) Transferor Amount; Subordinate Class Investor Amount. After giving effect to the issuance of the Senior Class Certificates on the Closing Date, (i) the Transferor Amount is not less than the Minimum Transferor Amount and (ii) the Subordinate Class Investor Amount is not less than the Minimum Enhancement Amount. (k) Credit Card Guidelines. Since January 9, 1997, other than as described in the Prospectus, dated August 14, 1997, relating to the Trust's Series 1997-2 Certificates, there have been no material changes in the Credit Card Guidelines other than as permitted under the Master Pooling and Servicing Agreement. Since such date, no material adverse change has occurred in the overall rate of collection of the Receivables. (l) No Pay Out Event. No event has oc- curred and is continuing and no condition exists which constitutes a Pay Out Event or a Potential Pay Out Event. (m)
Aggregate Principal Balance. On each day, the product of (i) the aggregate Floating Allocation Percentage with respect to Default Amounts for all Senior Classes and (ii) the sum of the Excess Funding Amount and the Aggregate Principal Receivables, shall at least equal the sum of the Senior Class Certificate Principal Balances for all Senior Classes. For the purposes of this subsection, the Servicer shall have the option to calculate the Floating Allocation Percentage on a daily basis method, using the current day Aggregate Investor Amount in the numerator and the current day Aggregate Principal Receivables and Excess Funding Account balance in the denominator.
Aggregate Principal Balance. This term shall have the meaning set forth in Section 101 of the Loan Agreement.
