Principal Balances. (i) The aggregate principal balance of the Consolidation Loans, the HEAL Consolidation Loans, the Serial Loans and the other Student Loans that are listed on Schedule A attached hereto and conveyed to the Eligible Lender Trustee on behalf of the Depositor pursuant to the Sales Agreement as of the Subsequent Cut-off Date is $________, $________, $_______ and $________, respectively; (ii) the aggregate principal balance of the Financed Student Loans listed on Schedule B attached hereto is $_______; (iii) the Consolidation Prepayments on deposit in the Collection Account are $________; and (iv) the Adjustment Payment for the Subsequent Finance Date is $________, which amount shall be payable [by] [to] the Transferor.
Principal Balances. Each Receivable had a remaining Principal Balance as of the Cutoff Date of not more than $5,617,494.16 and not less than $217.25.
Principal Balances. The outstanding principal balances due under the Promissory Notes as of December 31,1996 are as set out on Exhibit 1.8.
Principal Balances. Percent of Initial Group II HELOCs by Number of Cut-Off Date Cut-Off Date Range of Principal Balances Initial Balance Balance ($) Group II HELOCs $1 to $25,000 261 $3,323,762.18 8.44% $25,001 to $50,000 256 9,614,223.19 24.43 $50,001 to $75,000 123 7,639,672.40 19.41 $75,001 to $100,000 58 5,072,675.81 12.89 $100,001 to $125,000 26 2,967,066.63 7.54 $125,001 to $150,000 38 5,386,553.17 13.69 $150,001 to $175,000 4 654,630.79 1.66 $175,001 to $200,000 5 987,488.14 2.51 $200,001 + 12 3,714,390.45 9.44% -- ------------ ----- Total 783 $39,360,462.76 100.00% The average principal balance of the Initial Group II HELOCs as of the Cut-Off Date is approximately $50,268.79. Combined Loan-to-Value Ratios ---------------------- --------------- Percent of Initial Group II HELOCs by Range of Combined Number of Cut-Off Date Cut-Off Date Loan-to-Value Initial Balance Balance Ratios(%) Group II HELOCs 0.01% to 40.00% 12 $1,248,165.31 3.17% 40.01% to 50.00% 14 1,039,130.15 2.64 50.01% to 60.00% 33 3,005,989.66 7.64 60.01% to 70.00% 79 4,076,578.80 10.36 70.01% to 80.00% 336 16,846,197.09 42.80 80.01% to 90.00% 246 10,327,768.78 26.24 90.01% to 100.00% 63 2,816,632.97 7.16 -- ------------ ---- Total 783 $39,360,462.76 100.00% The minimum and maximum combined loan-to-value ratios of the Initial Group II HELOCs as of the Cut-Off Date are approximately 23.50% and 100.00%, respectively, and the weighted average combined loan-to-value ratio of the Initial Group II HELOCs as of the Cut-Off Date is approximately 76.51%. THE INFORMATION CONTAINED HEREIN WILL BE SUPERSEDED BY THE DESCRIPTION OF THE COLLATERAL CONTAINED IN THE PROSPECTUS SUPPLEMENT Geographical Distributions Percent of Initial Group Number of Cut-Off Date II Location Initial Balance HELOCs by Group II HELOCs Cut-Off Date Balance California 229 $12,647,347.41 32.13% Michigan 194 8,316,740.19 21.13 New Jersey 52 2,536,869.64 6.45 Connecticut 28 1,659,395.37 4.22 Florida 15 1,629,805.66 4.14 New York 30 1,543,953.42 3.92 Washington 23 1,463,401.89 3.72 Colorado 21 1,212,983.62 3.08 Massachusetts 26 983,077.63 2.50 Illinois 15 818,149.29 2.08 Other 150 6,548,738.64 16.64 --- ------------ ----- Total 783 $39,360,462.76 100.00%
Principal Balances. (i) The aggregate principal balance of the Consolidation Loans and Serial Loans that are Exchanged Student Loans listed on Schedule A attached hereto and conveyed to the Eligible Lender Trustee on behalf of the Issuer pursuant to this Agreement as of their respective Subsequent Cut-Off Dates is $___________ and $___________, respectively; (ii) the aggregate principal balance of the Financed Student Loans that are Consolidation Loans and Serial Loans listed on Schedule B attached hereto and to be conveyed to the Transferor pursuant to Section 2.3(d) of the Transfer and Servicing Agreement is $_______ and $________, respectively; (iii) the Consolidation Prepayments on deposit in the Collection Account is $_________; (iv) the Issuer Consolidation Payments for the Exchange Date is $__________; and (v) the Exchange Adjustment for the Exchange Date is $_________.
Principal Balances. Evidence satisfactory to the Facility Agent of each of the Principal Hull Balance and the Principal Construction Balance and agreement by the Facility Agent of the amount of each of the Principal Hull Balance and the Principal Construction Balance.
Principal Balances. The unpaid principal balance of the Original TCB Note is $24,874,041.39, as of the Effective Date; the unpaid principal balance of the New TCB Note is $2,000,000.00, as of the Effective Date; and the unpaid principal balance of the TexasBank Note is $4,911,935.50, as of the Effective Date. Notwithstanding anything to the contrary contained in the Loan Agreement (including the provision in Section 2.10 of the Loan Agreement prohibiting further Advances under the Extension Period (First):
(i) $445,959.00 remains available to draw under the Original TCB Note; $88,064.00 remains available to draw under the TexasBank Note; and Borrower may draw Advances under the Original TCB Note (up to $445,959.00) subject to compliance with the terms and conditions of Section III of the Loan Agreement.
(ii) Contemporaneously with the execution of this Amendment and other documents contemplated hereunder (including the New TCB Note, and the Amendment to Loan Agreement 2 Second Lien Deed of Trust), Lender will advance Borrower $2,000,000.00 under the New TCB Note and Borrower may use those proceeds to re-pay or partially pre-pay loans from partners of Borrower and other of Borrower’s partnership purposes.
Principal Balances. As of the date hereof, the principal amount of the Senior Term A Loan is $17,800,000 and the principal amount of the Senior Term B Loan is $4,305,550.
Principal Balances. The aggregate principal balance of the Consolidation Loans, the HEAL Consolidation Loans and the Serial Loans that are Exchanged Student Loans listed on Schedule A attached hereto and conveyed to the Eligible Lender Trustee on behalf of the Issuer pursuant to this Agreement as of their respective Subsequent Cut-Off Dates is $________, $_______ and $________, respectively; [[
Principal Balances. The aggregate principal balance of the Consolidation Loans, the HEAL Consolidation Loans, the Serial Loans and the Student Loans transferred by the Transferor pursuant to Section 2.3(b) of the Transfer and Servicing Agreement that are Subsequent Financed Student Loans listed on Schedule A attached hereto and conveyed to the Eligible Lender Trustee on behalf of the Issuer pursuant to this Agreement as of their respective Subsequent Cut-Off Dates is $________, $________, $_______ and $________, respectively; (ii) the aggregate principal balance of the Financed Student Loans
