Certificate Pool Factor means, with respect to the Certificates on any Payment Date, a seven-digit decimal figure equal to the outstanding principal balance of the Certificates on such Payment Date (after giving effect to any reductions thereof to be made on such Payment Date) divided by the Original Certificate Balance.
Certificate Pool Factor means, with respect to any Distribution Date, a seven-digit decimal figure obtained by dividing the Certificate Balance as of the close of business on the last day of the related Collection Period by the Original Pool Balance.
Certificate Pool Factor means, as of the close of business on the last day of a Collection Period, a seven-digit decimal figure equal to the Certificate Balance (after giving effect to any reductions therein to be made on the immediately following Payment Date) divided by the Initial Certificate Balance. The Certificate Pool Factor will be 1.0000000 as of the Closing Date; thereafter, the Certificate Pool Factor will decline to reflect reductions in the Certificate Balance.
Examples of Certificate Pool Factor in a sentence
Certificate Pool Factor 100.000000% ------------- ------------- IV.
Certificate Pool Factor (after giving effect to distributions on the Distribution Date) 0.57416830 Page 11 (1997-A) 12 XVI.
Certificate Pool Factor (after giving effect to distributions on the Distribution Date) 0.62186194 Page 11 (1996-A) XVI.
Certificate Pool Factor (after giving effect to distributions on the Distribution Date) 0.95640554 Page 11 XVI.
Aggregate Balance of Notes 827,976,773.11 Note Pool Factor 0.8223797 Class A-1 Notes Balance 141,201,773.11 Class A-1 Notes Pool Factor 0.4412128 Class A-2 Notes Balance 283,049,000.00 Class A-2 Notes Pool Factor 1.0000000 Class A-3 Notes Balance 219,119,000.00 Class A-3 Notes Pool Factor 1.0000000 Class A-4 Notes Balance 184,607,000.00 Class A-4 Notes Pool Factor 1.0000000 Class B Certificates Balance 36,516,567.00 Class B Certificate Pool Factor 1.0000000 Total Note and Cert.
More Definitions of Certificate Pool Factor
Certificate Pool Factor as of the close of business on a Distribution Date means a seven-digit decimal figure equal to the Certificate Balance (after giving effect to distributions made on such date) divided by the initial Certificate Balance. The Certificate Pool Factor will be 1.0000000 as of the Cutoff Date; thereafter, the Certificate Pool Factor will decline to reflect reductions in the Certificate Balance.
Certificate Pool Factor means, with respect to each Class of Certificates as of the close of business on the last day of a Collection Period, a seven-digit decimal figure equal to the Certificate Balance of such Class of Certificates (after giving effect to any reductions therein to be made on the immediately following Distribution Date) divided by the Initial Certificate Balance of such Class of Certificates. Each Certificate Pool Factor will be 1.0000000 as of the Closing Date; thereafter, each Certificate Pool Factor will decline to reflect reductions in the Certificate Balance of the applicable Class of Certificates.
Certificate Pool Factor means 1.0000000 as of the Closing Date, and as of the close of business on any Distribution Date thereafter a seven-digit decimal figure equal to the Certificate Balance as of such date (after giving effect to reductions of the Certificate Balance on such date) divided by the Certificate Balance at the Closing Date.
Certificate Pool Factor. With respect to any Distribution Date, a seven-digit decimal figure computed by the Servicer equal to the remaining Certificate Balance as of the close of such Distribution Date divided by the initial Certificate Balance.
Certificate Pool Factor as of the close of business on a Distribution Date means a seven-digit decimal figure equal to the Certificate Balance as of such Distribution Date after giving effect to principal distributions on such date divided by the initial Certificate Balance.
Certificate Pool Factor as of the close of business on any Payment Date means a seven-digit decimal figure equal to the outstanding principal amount of the Certificates divided by the original outstanding principal amount of the Certificates.
Certificate Pool Factor means, as of the close of business on any Payment Date, the Certificate Balance divided by the Initial Certificate Balance (carried out to the seventh decimal place). The Certificate Pool Factor is 1.0000000, as of the Closing Date, and, thereafter, will decline to reflect reductions in the Certificate Balance.