Additional Balances definition

Additional Balances means, with respect to any Credit Line, amounts drawn under such Credit Line subsequent to the date such Credit Line is designated to the Deposit Trust.
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Additional Balances. All amounts added to the Outstanding Principal Balance of a Reverse Mortgage Loan in respect of principal advances, servicing advances, servicing fees, mortgage insurance premiums paid to HUD, as applicable, and other amounts provided for in the related Reverse Mortgage Loan.
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Additional Balances. Any balance due beyond the minimum number of participants must be settled at the party. Pottery Selection: Guests can choose from a variety of pottery items.
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Examples of Additional Balances in a sentence

  • Additional Balances shall be part of the Asset Balance and are hereby transferred to the Trust on the Closing Date pursuant to this Section 2.01, and therefore are part of the Trust property.

  • From the time the Notes are issued until such time as all or a portion of the Notes are sold to one or more unaffiliated parties, the Sponsor will report the transfer of the Mortgage Loans and the related Additional Balances to the Depositor as a transfer of assets in exchange for beneficial interests in the form of asset-backed securities and servicing rights.

  • Additional Balances shall be part of the Asset Balance and are hereby transferred to the Trust on the Closing Date for the Initial Mortgage Loans and on the relevant Subsequent Closing Date for the Additional Home Equity Loans pursuant to this Section 2.01, and therefore are part of the Trust property.

  • From the time the Notes are issued until such time as all or a portion of the Notes are sold to one or more unaffiliated parties, each Seller will report the transfer of the Mortgage Loans and the related Additional Balances to the Depositor as a transfer of assets in exchange for beneficial interests in the form of asset-backed securities and servicing rights.

  • If on any Collection Period Principal Collections are insufficient to purchase all Additional Balances, the Holder of the Class R-1 Certificates will advance funds to the Trust to purchase the Additional Balances that were not funded by Principal Collections.

  • Seller shall at all times maintain a current list (which may be stored in electronic form) of the Note and Additional Balances.

  • Additional Balances shall be included in the related Principal Balance transferred to the Trust pursuant to this Section 2.01 and therefore will be part of the corpus of the Trust.

  • On each Payment Date, based on the information in the Servicing Certificate for the Payment Date and subject to Section 8.03(c), the Indenture Trustee shall distribute to the Issuer (i) the Interest Collections that are not Investor Interest Collections on the Payment Date for the related Collection Period and (ii) the portion of Transferor Principal Collections for the related Collection Period in excess of Additional Balances created on the Mortgage Loans during the Collection Period.

  • Administrative Agent shall have received the Note and evidence of the Additional Balances relating to any Purchased Assets, which is in form and substance satisfactory to Administrative Agent in its sole discretion.

  • The property of the Trust includes a pool of certain adjustable rate home equity revolving credit line loans (the “Mortgage Loans”) (including any Additional Balances related thereto).

Related to Additional Balances

  • Additional Balance as to any Mortgage Loan means the aggregate amount of all additional borrowings by the mortgagor under the relevant Credit Line Agreement after the Cut-off Date for the Mortgage Loan.

  • Original Balance means, with respect to any Receivable coming into existence after the Initial Cutoff Date, the Outstanding Balance of such Receivable on the date it was created.

  • Class X Notional Balance With respect to any Distribution Date (and the related Accrual Period) the aggregate principal balance of the regular interests in REMIC 3 as specified in the Preliminary Statement hereto.

  • Certificate Notional Balance With respect to each Certificate of Class X and any date of determination, the product of (i) the Class Certificate Notional Balance of such Class and (ii) the applicable Percentage Interest of such Certificate.

  • Maximum VFN Principal Balance For any VFN Class, the amount specified in the related Indenture Supplement.