Aggregate Outstanding Loan Balance means on any day, the sum of the Outstanding Loan Balances of all Eligible Loans included as part of the Collateral on such date.
Aggregate Outstanding Loan Balance means, as of any date, the sum of the Outstanding Loan Balance for each Loan owned by the Issuer.
Aggregate Outstanding Loan Balance. As of any date of determination, the sum of the Outstanding Loan Balances of all Eligible Loans included as part of the Collateral on such date minus the Outstanding Loan Balance of all Charged-Off Loans included as part of the Collateral (and specifically excluding all Ineligible Loans) on such date.
Examples of Aggregate Outstanding Loan Balance in a sentence
For the purpose of calculating the amount of the Aggregate Outstanding Loan Balance comprising Loans that are optionally sold or substituted as described above, any Substitute Loans that have been placed into the Collateral in satisfaction of the Originator’s obligations to repurchase or substitute loans pursuant to Section 11.01 shall be disregarded.
More Definitions of Aggregate Outstanding Loan Balance
Aggregate Outstanding Loan Balance or “AOLB” means the aggregate Outstanding Loan Balances of all Eligible Loan Assets.
Aggregate Outstanding Loan Balance means, with respect to any Payment Date, an amount equal to the aggregate remaining Outstanding Loan Balance of the Loans as of the last day of the related Collection Period after subtracting (i) in the case of all Prepaid Loans, Ineligible Loans and Excess Loans, the Outstanding Loan Balance of such Loans and (ii) in the case of Defaulted Loans, the portion of such Loan that has been written down, in each case of such last day of the related Collection Period.
Aggregate Outstanding Loan Balance. On any date of determination, the sum of the Outstanding Loan Balances of all Eligible Loans on such date.
Aggregate Outstanding Loan Balance. On any day, the sum of the Outstanding Loan Balances of all Eligible Loans included as part of the Collateral on such date.
Aggregate Outstanding Loan Balance means, when used with respect to all or a portion of the Collateral Loans, the sum of the Outstanding Loan Balances of all or of such portion of such Collateral Loans.
Aggregate Outstanding Loan Balance means on any day, the sum of the Outstanding Loan Balances of all Eligible Loans on such date.
Aggregate Outstanding Loan Balance means on any day, the sum of the Outstanding Loan Balances of all Eligible Loans included as part of the Collateral on suchdate.