Aggregate Arrears Adjusted Outstanding Principal Balance definition

Aggregate Arrears Adjusted Outstanding Principal Balance has the meaning given to it in Clause Agreement Date means, in respect of any Covered Bond, the date on which agreement is reached for the issue of such Covered Bond as contemplated in Clause 2 of the Programme Agreement which, in the case of the Covered Bonds issued on a syndicated basis or otherwise in relation to which a Subscription Agreement is entered into, shall be the date on which the relevant Subscription Agreement is signed by or on behalf of all the parties to it; Amortisation Test Aggregate Loan Amount has the meaning given to it in Clause 12.2 of the LLP Deed;
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Aggregate Arrears Adjusted Outstanding Principal Balance has the meaning given to it in Clause 11.2 of the LLP Deed; Alternative Base Rate has the meaning given to it in Condition 14(d) of the Programme Conditions; Alternative Insurance Requirements means the Seller's standard documents entitled "Alternative Insurance Requirements – New Business" and "Alternative Insurance Requirements", and any other document containing similar requirements which vary the insurance provisions of the Mortgage Conditions and which is sent to Borrowers in accordance with the Seller's Policy;
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Aggregate Arrears Adjusted Outstanding Principal Balance has the meaning given to it in Clause 11.2 of the LLP Deed;
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Examples of Aggregate Arrears Adjusted Outstanding Principal Balance in a sentence

  • Geographical Analysis By RegionNumberof accountsAdjusted Loan Balance Calculation A = the lower of (a) & (b), where:(a) = £ 34,098,262,445.00 the Aggregate Adjusted Outstanding Principal Balance, and(b) = £ 27,540,028,347.91 the Aggregate Arrears Adjusted Outstanding Principal Balance multiplied by the Asset Percentage.

  • Geographical Analysis By RegionNumberof accounts Adjusted Loan Balance Calculation A = the lower of (a) & (b), where:(a) =(b) = £ 24,828,416,874.00£ 20,137,080,547.94 the Aggregate Adjusted Outstanding Principal Balance, andthe Aggregate Arrears Adjusted Outstanding Principal Balance multiplied by the Asset Percentage.

  • Geographical Analysis By RegionNumberof accounts Adjusted Loan Balance Calculation A = the lower of (a) & (b), where:(a) =(b) = £ 24,146,417,402.00£ 19,568,024,388.17 the Aggregate Adjusted Outstanding Principal Balance, andthe Aggregate Arrears Adjusted Outstanding Principal Balance multiplied by the Asset Percentage.

  • Geographical Analysis By RegionNumberof accountsAdjusted Loan Balance Calculation A = the lower of (a) & (b), where:(a) = £ 36,498,333,339.00 the Aggregate Adjusted Outstanding Principal Balance, and(b) = £ 29,489,885,542.21 the Aggregate Arrears Adjusted Outstanding Principal Balance multiplied by the Asset Percentage.

  • Geographical Analysis By RegionNumberof accountsAdjusted Loan Balance Calculation A = the lower of (a) & (b), where:(a) = £ 37,750,725,436.00 the Aggregate Adjusted Outstanding Principal Balance, and(b) = £ 30,559,860,443.41 the Aggregate Arrears Adjusted Outstanding Principal Balance multiplied by the Asset Percentage.

  • Geographical Analysis By RegionNumberof accountsAdjusted Loan Balance Calculation A = the lower of (a) & (b), where:(a) = £ 25,324,988,620.00 the Aggregate Adjusted Outstanding Principal Balance, and(b) = £ 20,504,421,855.20 the Aggregate Arrears Adjusted Outstanding Principal Balance multiplied by the Asset Percentage.

  • Geographical Analysis By RegionNumberof accountsAdjusted Loan Balance Calculation A = the lower of (a) & (b), where:(a) = £ 23,554,642,282.00 the Aggregate Adjusted Outstanding Principal Balance, and(b) = £ 19,094,364,792.22 the Aggregate Arrears Adjusted Outstanding Principal Balance multiplied by the Asset Percentage.

  • Geographical Analysis By RegionNumberof accounts Adjusted Loan Balance Calculation A = the lower of (a) & (b), where:(a) = £ 33,814,724,574.00 the Aggregate Adjusted Outstanding Principal Balance, and(b) = £ 27,093,310,809.96 the Aggregate Arrears Adjusted Outstanding Principal Balance multiplied by the Asset Percentage.

  • Geographical Analysis By RegionNumberof accountsAdjusted Loan Balance Calculation A = the lower of (a) & (b), where:(a) = £ 36,452,561,338.00 the Aggregate Adjusted Outstanding Principal Balance, and(b) = £ 29,188,147,494.04 the Aggregate Arrears Adjusted Outstanding Principal Balance multiplied by the Asset Percentage.

  • Geographical Analysis By RegionNumberof accountsAdjusted Loan Balance Calculation A = the lower of (a) & (b), where:(a) = £ 34,728,878,331.00 the Aggregate Adjusted Outstanding Principal Balance, and(b) = £ 27,813,151,137.72 the Aggregate Arrears Adjusted Outstanding Principal Balance multiplied by the Asset Percentage.

Related to Aggregate Arrears Adjusted Outstanding Principal Balance

  • Aggregate Outstanding Principal Balance means, as of any date of determination, the sum of the Outstanding Principal Balances of each Class outstanding on such date.

  • Outstanding Principal Balance As of the time of any determination, the principal balance of a Mortgage Loan remaining to be paid by the Mortgagor, or, in the case of an REO Property, the principal balance of the related Mortgage Loan remaining to be paid by the Mortgagor at the time such property was acquired by the Trust Fund less any Net Liquidation Proceeds with respect thereto to the extent applied to principal.

  • Adjusted Principal Balance As to any Distribution Date and any Class of Class B Certificates, the greater of (A) zero and (B) (i) the Principal Balance of such Class with respect to such Distribution Date minus (ii) the Adjustment Amount for such Distribution Date less the Principal Balances for any Classes of Class B Certificates with higher numerical designations.

  • Cumulative Outstanding Principal Amount means the aggregate principal amount of each series of Bonds issued and Outstanding from time to time in accordance with the provisions of this Ordinance, as reflected in the records maintained by the Registrar as provided in this Ordinance.

  • Aggregate Principal Balance means, with respect to any date of determination, the sum of the Principal Balances for all Receivables (other than (i) any Receivable that became a Liquidated Receivable prior to the end of the related Collection Period and (ii) any Receivable that became a Purchased Receivable prior to the end of the related Collection Period) as of the date of determination.

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

  • Aggregate Stated Principal Balance As to any Distribution Date, the aggregate of the Stated Principal Balances for all Mortgage Loans (and when such term is used with respect to a particular Mortgage Pool, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Mortgage Pool) which were outstanding on the Due Date in the month preceding the month of such Distribution Date.

  • Adjusted Outstanding Dollar Principal Amount means at any time during a Monthly Period with respect to any Series, Class or Tranche of Notes, the Outstanding Dollar Principal Amount of all Outstanding Notes of such Series, Class or Tranche of Notes at such time, less any funds on deposit in the Principal Funding Account or the related Sub-Account, as applicable, for the benefit of such Series, Class or Tranche of Notes at such time.

  • Average Principal Balance means for any Monthly Period in which a Reset Date occurs, the sum of (i) the Aggregate Principal Receivables determined as of the close of business on the last day of the prior Monthly Period, multiplied by a fraction the numerator of which is the number of days from and including the first day of such Monthly Period, to but excluding the related Reset Date, and the denominator of which is the number of days in such Monthly Period, and (ii) for each such Reset Date, the product of the Aggregate Principal Receivables determined as of the close of business on such Reset Date, multiplied by a fraction, the numerator of which is the number of days from and including such Reset Date, to the earlier of the last day of such Monthly Period (in which case such period shall include such date) or the next succeeding Reset Date (in which case such period shall exclude such date), and the denominator of which is the number of days in such Monthly Period.

  • Original Class A Non-PO Principal Balance The sum of the Original Principal Balances of the Class A-1, Class A-2, Class A-3, Class A-4 and Class A-R Certificates, as set forth in Section 11.06.

  • Class A-1 Principal Balance as of any date means the Class A‑1 Initial Principal Balance less all amounts paid to the holders of Class A‑1 Notes in respect of principal pursuant to Section 5.06 hereof.

  • Aggregate Note Principal Balance With respect to the close of a Distribution Date, the sum of the Note Principal Balances for all classes of Notes.

  • Class A Non-PO Principal Balance As of any date, an amount equal to the Class A Principal Balance less the Principal Balance of the Class A-PO Certificates.

  • Original Class B-6 Principal Balance The Class B-6 Principal Balance as of the Cut-Off Date, as set forth in Section 11.15.

  • Class A Principal Balance As of any date, an amount equal to the sum of the Principal Balances for the Class A-1 Certificates, Class A-2 Certificates, Class A-3 Certificates, Class A-4 Certificates, Class A-PO Certificates and Class A-R Certificate.

  • Non-PO Formula Principal Amount As to any Distribution Date, the sum of (i) the sum of the applicable Non-PO Percentage of (a) all monthly payments of principal due on each Mortgage Loan on the related Due Date, (b) the principal portion of the purchase price of each Mortgage Loan that was repurchased by the Seller pursuant to this Agreement as of such Distribution Date, excluding any Mortgage Loan that was repurchased due to a modification of the Mortgage Rate, (c) the Substitution Adjustment Amount in connection with any Deleted Mortgage Loan received with respect to such Distribution Date, (d) any Insurance Proceeds or Liquidation Proceeds allocable to recoveries of principal of Mortgage Loans that are not yet Liquidated Mortgage Loans received during the calendar month preceding the month of such Distribution Date, (e) with respect to each Mortgage Loan that became a Liquidated Mortgage Loan during the calendar month preceding the month of such Distribution Date, the amount of Liquidation Proceeds allocable to principal received with respect to such Mortgage Loan, and (f) all partial and full Principal Prepayments received during the related Prepayment Period and (ii) (A) any Subsequent Recoveries received during the calendar month preceding the month of such Distribution Date, or (B) with respect to Subsequent Recoveries attributable to a Discount Mortgage Loan that incurred (1) an Excess Loss or (2) a Realized Loss after the Senior Credit Support Depletion Date, the Non-PO Percentage of any Subsequent Recoveries received during the calendar month preceding the month of such Distribution Date.

  • Original Class B-4 Principal Balance The Class B-4 Principal Balance as of the Cut-Off Date, as set forth in Section 11.15.

  • Class A-2 Principal Balance as of any date means the Class A-2 Initial Principal Balance less all amounts paid to the holders of Class A-2 Notes in respect of principal pursuant to Section 5.06 hereof.

  • Original Class B Principal Balance The sum of the Original Class B-1 Principal Balance, Original Class B-2 Principal Balance, Original Class B-3 Principal Balance, Original Class B-4 Principal Balance, Original Class B-5 Principal Balance and Original Class B-6 Principal Balance, as set forth in Section 11.14.

  • Original Class B-2 Principal Balance The Class B-2 Principal Balance as of the Cut-Off Date, as set forth in Section 11.15.

  • Original Class B-5 Principal Balance The Class B-5 Principal Balance as of the Cut-Off Date, as set forth in Section 11.15.

  • Class B-6 Principal Balance As to the first Determination Date, the Original Class B-6 Principal Balance. As of any subsequent Determination Date, the lesser of (i) the Original Class B-6 Principal Balance less the sum of (a) all amounts previously distributed in respect of the Class B-6 Certificates on prior Distribution Dates pursuant to Paragraph twenty-second of Section 4.01(a) and (b) the Realized Losses allocated through such Determination Date to the Class B-6 Certificates pursuant to Section 4.02(b) and (ii) the Adjusted Pool Amount as of the preceding Distribution Date less the Class A Principal Balance, the Class B-1 Principal Balance, the Class B-2 Principal Balance, the Class B-3 Principal Balance, the Class B-4 Principal Balance and the Class B-5 Principal Balance as of such Determination Date.

  • Aggregate Certificate Principal Balance At any given time, the sum of the then current Class Principal Balances of the Certificates.

  • Original Class B-1 Principal Balance The Class B-1 Principal Balance as of the Cut-Off Date, as set forth in Section 11.15.

  • Aggregate Collateral Balance means, as at any Measurement Date, the amount equal to the aggregate of the following amounts, as at such Measurement Date:

  • Original Class B-3 Principal Balance The Class B-3 Principal Balance as of the Cut-Off Date, as set forth in Section 11.15.