Aggregate Balance definition
Examples of Aggregate Balance in a sentence
The Recipient shall pay a service charge on the Aggregate Balance at the rate of three-fourths of one percent (3/4 of 1%) per annum, payable in arrears on each Payment Date.
On any Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is less than 10% of the Aggregate Balance as of the Cut-off Date, and the amount on deposit in the Prefunding Account on the Closing Date, the Servicers will have the option to repurchase, in whole, from the Trust Fund all remaining Mortgage Loans and all property acquired in respect of the Mortgage Loans at a purchase price determined as provided in the Agreement.
If any part of the Aggregate Balance is not paid when due, or if the Obligor fails to perform any obligation required hereunder, the Obligor shall pay any and all reasonable costs of collection or enforcement of all outstanding obligations under this Note incurred by the Holder, including reasonable attorneys' fees and expenses.
As soon as reasonably practicable after the Effective Time, EPC shall determine the Aggregate Balance (as defined below) of the assumed EPC Reimbursement Account Plans and notify EHP of the amount of such Aggregate Balance in writing.
Under the DCP, upon termination the named executive officers are entitled to receive the same amounts set forth for each officer in the Aggregate Balance column of the Non-Qualified Deferred Compensation Table above, regardless of reason for the termination.