Common use of MINIMUM AND MAXIMUM PRINCIPAL BALANCE Clause in Contracts

MINIMUM AND MAXIMUM PRINCIPAL BALANCE. Each Receivable shall have a Principal Balance as of the Cut-Off Date no less than $1,000 and no more than $40,000.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Chevy Chase Bank FSB), Pooling and Servicing Agreement (Chevy Chase Bank FSB)

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MINIMUM AND MAXIMUM PRINCIPAL BALANCE. Each Receivable shall have a Principal Balance as of the Cut-Off Date no less than $1,000 and no more than $40,00040,000.00.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Chevy Chase Bank FSB)

MINIMUM AND MAXIMUM PRINCIPAL BALANCE. Each Receivable shall have a Principal Balance as of the Cut-Off Date no less than $1,000 1,859.04 and no more than $40,00058,041.15.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Chevy Chase Bank FSB)

MINIMUM AND MAXIMUM PRINCIPAL BALANCE. Each Receivable shall have a Principal Balance as of the Cut-Off Date no less than $1,000 1,397.89 and no more than $40,00057,381.41.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Chevy Chase Bank FSB)

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MINIMUM AND MAXIMUM PRINCIPAL BALANCE. Each Receivable shall have a Principal Balance as of the Cut-Off Date no less than $1,000 1,773.77 and no more than $40,00059,216.43.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Chevy Chase Bank FSB)

MINIMUM AND MAXIMUM PRINCIPAL BALANCE. Each Receivable shall have a Principal Balance as of the Cut-Off Date no less than $1,000 1,175.21 and no more than $40,00042,504.60.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Chevy Chase Bank FSB)

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