Net Pool Balance Sample Clauses

Net Pool Balance. Such Seller Party has determined that, immediately after giving effect to each purchase hereunder, the Net Pool Balance is at least equal to the sum of (i) the Aggregate Invested Amount, plus (ii) the Required Reserves.
AutoNDA by SimpleDocs
Net Pool Balance. (a) The "Net Pool Balance" at any time means an amount equal to
Net Pool Balance. At no time prior to the Amortization Date shall such Seller Party permit the Net Pool Balance to be less than an amount equal to the sum of (i) the Aggregate Invested Amount plus (ii) the Required Reserves.
Net Pool Balance. (a) The "NET POOL BALANCE" at any time means an amount equal to:
Net Pool Balance. (i) On the date of each Incremental Transfer or Reinvestment hereunder, immediately after giving effect thereto, the Net Pool Balance as of the last day covered by the most recent Settlement Report or Interim Settlement Report is at least equal to the sum of (A) the Aggregate Invested Amount (as of the date of such transfer), plus (B) the Required Reserves as of the last day covered by the most recent Settlement Report or Interim Settlement Report, and (ii) immediately after giving effect to each Reinvestment hereunder, since the last day covered by the most recent Settlement Report or Interim Settlement Report, nothing has come to either Transferor Party's attention to lead it to believe that it would reasonably be expected that the Net Pool Balance does not equal or exceed the sum of (A) the Aggregate Invested Amount as of such date, plus (B) the Required Reserves as of the last day covered by the most recent Settlement Report or Interim Settlement Report.
Net Pool Balance. At no time prior to the latest Amortization Date for any Group shall Transferor permit the Net Pool Balance to be less than an amount equal to the sum of (i) the Aggregate Invested Amount plus (ii) the Required Reserves.
Net Pool Balance. At no time prior to the Facility Termination Date shall Seller permit the Net Pool Balance to be less than an amount equal to the sum of (i) the Aggregate Invested Amount and (ii) the Required Reserve.
AutoNDA by SimpleDocs
Net Pool Balance. At any time, (i) the aggregate Unpaid Balances of Eligible Receivables at such time, minus (ii) the sum of (a) the aggregate amount of the portion of the Unpaid Balances of Eligible Receivables in excess of the applicable Concentration Limits, (b) the then-current aggregate amount of Contractual Dilutions related to all Eligible Receivables, (c) the then-current aggregate amount of all sales and other taxes included in the Unpaid Balances of all Eligible Receivables and (d) the then-current amount of reductions to the Unpaid Balance of all Receivables that are Disputed Receivables.
Net Pool Balance. (a) The "Net Pool Balance" at any time means an amount equal to (i) the aggregate Unpaid Balance of the Eligible Receivables in the Receivables Pool at such time, minus (ii) the aggregate (for all Obligors) of the amounts by which (x) the Unpaid Balance of all Pool Receivables of each Obligor exceeds (y) the Concentration Limit for such Obligor at such time, minus (iii) 00015 multiplied by the aggregate unpaid principal balance of the Receivables Pool (as such amount may be adjusted from time to time upon the agreement of the Purchasers and the Seller), minus (iv) for all Obligors that are Governmental Authorities the amount by which (x) the aggregate Unpaid Balance of all Pool Receivables of such Obligors exceeds (y) 5% of the Eligible Receivables at such time, minus (v) from and after the occurrence of a Trigger Event, the Accounts Payable Amount at such time, minus (vi) for all Obligors described in clause (ii) of the definition of Domestic Obligor, the amount by which (x) the aggregate Unpaid Balance of all Pool Receivables of such Obligors exceeds (y) 7.5% of the Eligible Receivables at such time.
Net Pool Balance. At any time, the aggregate Outstanding Balance of all Eligible Receivables at such time reduced by (i) the aggregate amount by which the Outstanding Balance of all Eligible Receivables of each Obligor and its Affiliates exceeds the Obligor Concentration Limit for such Obligor and its Affiliates (ii) the aggregate Budget Plan Receivable Liability Amount and (iii) the Dual Month Revenue Adjustment.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!