Aggregate Unpaid Balance definition

Aggregate Unpaid Balance means, as of any date of determination, the sum of the Unpaid Balances of all Receivables which constitute Eligible Receivables as of such date of determination.
Aggregate Unpaid Balance means, as of any date of determination, (a) the sum of the Unpaid Balances of all Receivables which constitute Eligible Receivables as of such date of determination minus (b) solely if a Committed Investor has so elected pursuant to clause (g)(ii)(y) of the definition of “Eligible Receivable”, Offset Payables as of such date of determination.
Aggregate Unpaid Balance means, on any date of determination, the aggregate Unpaid Balance of all Eligible Receivables at such time.

Examples of Aggregate Unpaid Balance in a sentence

  • Eighteen months later, on June 2000, when ORIX took over as servicer of the loans, the Aggregate Unpaid Balance was in fact right on schedule with $3,321,382,930.

  • The license granted hereby shall be irrevocable until the indefeasible payment in full of the Aggregate Unpaid Balance, and shall terminate on the date this Agreement terminates in accordance with its terms.

  • For any Obligor that is not a Special Obligor 4.0% of the Aggregate Unpaid Balance and for any Obligor that is designated by the Administrator as a Special Obligor 5.0% of the Aggregate Unpaid Balance.

  • The Chancellor ordesignee’s decision is final and is not subject to further review, appeal, or grievance.

  • The Transferor shall at all times maintain a minimum Net Worth of not less than an amount equal to the sum of (i) the Aggregate Unpaid Balance of all Defaulted Receivables and (ii) the sum of the Aggregate Unpaid Balance of the three largest Receivables of the Obligors; provided, however, that in any case, the minimum Net Worth shall never be less than 15% of the Aggregate Unpaid Balance of the Receivables.


More Definitions of Aggregate Unpaid Balance

Aggregate Unpaid Balance is defined in Section 2.1 of this Agreement.
Aggregate Unpaid Balance is defined in Section 2.1(b) of the Receivables Purchase Agreement.
Aggregate Unpaid Balance means (i) for purposes of calculating the Purchase Price to be paid to such Seller on the First Issuance Date, the sum of the Unpaid Balance of each Receivable generated by such Seller, as measured as at the closing of such Seller's business on the Initial Cut-Off Date, and (ii) for purposes of calculating the Purchase Price on each Business Day thereafter, the sum of the Unpaid Balance of each Receivable to be purchased from such Seller on such day, calculated at the time of the Receivable's sale to Buyer. PPP = the Purchase Price Percentage applicable to the Receivables to be purchased on such day, as determined pursuant to Section 2.2.
Aggregate Unpaid Balance. At any time, the aggregate Unpaid Balance of all Eligible Receivables at such time.
Aggregate Unpaid Balance has the meaning set forth in SECTION 2.1 of the Purchase and Sale Agreement.
Aggregate Unpaid Balance means, for purposes of calculating the Purchase Price on each Business Day after the Effective Date, the sum of the Unpaid Balance of each Receivable to be purchased from Seller on such day, calculated at the time of the Receivable's sale to Buyer, and PPP = the Purchase Price Percentage applicable to the Receivables to be purchased on such day, as determined pursuant to Section ------- 2.2. ---
Aggregate Unpaid Balance means, at any time, the aggregate of Unpaid Balances of outstanding Sold Receivables.