Outstanding Balance; Net Receivables Balance. As of the Initial Issuance Date for any Series, the Net Receivables Balance is at least equal to the Required Net Receivables Balance.
Outstanding Balance; Net Receivables Balance. As of the Initial Issuance Date for any Series, the Net Receivables Balance is at least equal to the sum of (i) the aggregate of the Loss and Dilution Reserves for all outstanding Series, (ii) the aggregate of the Yield/Fee Reserves for all outstanding Series and (iii) the Trust Invested Amount (computed as if reduced by (A) the aggregate amount of Cure Funds held in the Cure Accounts of all outstanding Series and (B) funds allocated to the Trust Partial Amortization Amount and held in the Concentration Account).
