Aggregate Class 1B Net Collateral Balance definition

Aggregate Class 1B Net Collateral Balance means, as of any date of determination, an amount equal to the portion of the Aggregate Net Collateral Balance allocable to Class 1B Loans as of such date of determination.

Related to Aggregate Class 1B Net Collateral Balance

  • 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.