Aggregate Outstanding Principal Balance definition

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.

Aggregate Outstanding Principal Balance means, as of any date, the sum of the Outstanding Principal Balance of the Loan and the Mezzanine Loan Outstanding Principal Balance.

Aggregate Outstanding Principal Balance means the aggregate Outstanding Principal Balances of all Eligible Loan Assets.

Examples of Aggregate Outstanding Principal Balance in a sentence

• Since these receivables are not included in the percentages above, the Total Aggregate Outstanding Principal Balance upon which the percentages above are based is less than the Pool Balance.

• With respect to any Payment Date on which (A) the Current Aggregate Outstanding Principal Balance is less than 10 per cent.

• Clean-Up Call The Seller is entitled to repurchase all of the Purchased Receivables on any Interest Payment Date following the Determination Date on which the Aggregate Outstanding Principal Balance of all Purchased Receivables is equal to or less than 10% of the Aggregate Outstanding Principal Balance of all Purchased Receivables as at the Cut-Off Date.

• Distribution of the Pool of Receivables By Model Year of Financed Vehicles As of the Cut-off Date Model Year Number of Receivables Percentage of Total Number ofReceivables(1) Aggregate Outstanding Principal Balance Percentage of Total Aggregate OutstandingPrincipal Balance(1)2000 and earlier ..........

• For all Direct Loans and FFEL loans in an out-of-school status or where the loan period end date plus 90 days has passed, the Aggregate Outstanding Principal Balance amount is determined by comparing the Net Loan Amount, Disbursed Amount, and Outstanding Principal Balance.If all three of these are greater than zero, use the one with the lowest value.

More Definitions of Aggregate Outstanding Principal Balance

Aggregate Outstanding Principal Balance means, with respect to any designated group of Contracts as of any date, the sum of the outstanding Principal Balances of all Contract Payments due under such Contracts as at 11:59 p.m. (New York City time) on the immediately preceding day.

Aggregate Outstanding Principal Balance means, at the time of determination, the aggregate outstanding principal balance of the Mezzanine Loan and the Loan.

Aggregate Outstanding Principal Balance. As of any date of determination, the sum of Advances Outstanding, plus the amount of the Seller Investment.

Aggregate Outstanding Principal Balance means, with respect to any group of Receivables as of any date, the sum of the outstanding Principal Balances of all such Receivables as at 11:59 p.m. on the immediately preceding day.

Aggregate Outstanding Principal Balance means, with respect to a First Tier Receivables Pool or a Receivables Pool and as of any date, the aggregate of the Outstanding Principal Balance of each Receivable in such First Tier Receivables Pool or Receivables Pool, as applicable.

Aggregate Outstanding Principal Balance means, on any day, the sum of (i) the Outstanding Principal Balances of all Collateral Debt Obligations (except Defaulted Obligations) included as part of the Collateral on such date and (ii) the Moody’s Collateral Value of all Defaulted Obligations on such date.

Aggregate Outstanding Principal Balance means, with respect to any designated group of Contracts as of any date, the equivalent in Dollars, as determined by the Collateral Manager using the Applicable Exchange Rate, of the sum of the outstanding Principal Balances of all Contract Payments due under such Contracts as at 11:59 p.m. (New York City time) on the immediately preceding Business Day.