Class B Pool Factor definition

Class B Pool Factor means, with respect to any Distribution Date, the Class B Certificate Balance as of the close of business on such Distribution Date (after giving effect to any payments to be made on such Distribution Date) divided by the Original Class B Certificate Balance, expressed as a seven-digit decimal.

Class B Pool Factor means, with respect to any Record Date, a ------------------- number carried out to seven decimal places representing the ratio of the Class B Invested Amount as of such Record Date (determined after taking into account any increases or decreases in the Class B Invested Amount which will occur on the following Distribution Date) to the Class B Initial Invested Amount.

Class B Pool Factor as of the close of business on a Distribution Date means a seven-digit decimal figure equal to the Class B Principal Balance (after giving effect to any distributions made on such Distribution Date) divided by the Original Class B Principal Balance.

Examples of Class B Pool Factor in a sentence

• The Class B Pool Factor as of the Record Date for the Distribution Date is 1.00000000 26.

• The Class A Pool Factor, the Class B Class A Pool Factor 1.000 Pool Factor and the Class C Pool Class B Pool Factor 1.000 Factor as of December 31, 1997: Class C Pool Factor 1.000 12.

• The Class A Pool Factor, the Class B Pool Factor and the Class A Pool Factor 1.0000000 Class C Pool Factor as of December 31, 1999: Class B Pool Factor 1.0000000 Class C Pool Factor 1.0000000 12.

• The amount of a Certificateholder's pro rata share of the Class B Invested Amount can be determined by multiplying the original denomination of the holder's Series 1997-1 Class B Certificate by the Series 1997-1 Class B Pool Factor .................................................

• The amount of a Certificateholder's pro rata share of the Class B Invested Amount can be determined by multiplying the original denomination of the holder's Series 1997-1 Class B Certificate by the Series 1997-1 Class B Pool Factor ......................................

More Definitions of Class B Pool Factor

Class B Pool Factor means, with respect to any Determination Date, a number carried out to eleven decimals representing the ratio of the outstanding principal balance of the Class B Certificates as of such Determination Date (determined after taking into account any reduction in the outstanding principal balance of the Class B Certificates which shall occur on the following Distribution Date) to the initial principal balance of the Class B Certificates.

Class B Pool Factor means, as of the last day of a Collection Period, a seven-digit decimal figure equal to the Class B Certificate Balance as of the close of business on such day divided by the Original Pool Balance.

Class B Pool Factor means, with respect to any Distribution Date, the Class B Certificate Balance as of the immediately preceding Distribution Date (after giving effect to any payments made on such Distribution Date) divided by the Original Class B Certificate Balance, expressed as a seven-digit decimal.

Class B Pool Factor means, at any time, the percentage (carried out to seven decimal places) derived from a fraction, the numerator of which is the Class B Certificate Balance at such time and the denominator of which is the Class B Initial Certificate Balance.

Class B Pool Factor means, with respect to any Record Date, a seven-digit decimal equal to the Class B Certificate Balance as of such Record Date divided by the Original Class B Certificate Balance.

Class B Pool Factor means, as of the close of business on the last day of any Collection Period, a seven-digit decimal figure equal to the Class [B] Certificate Balance as of such Record Date divided by the Initial Class [B] Certificate Balance.

Class B Pool Factor means, with respect to any Payment Date, an eight-digit decimal figure equal to the Class B Note Balance as of the close of business on the last day of the related Collection Period divided by the Class B Note Balance. The Class B Pool Factor will be 1.0000000 as of the Closing Date; thereafter, the Class B Pool Factor will decline to reflect reductions in the Class B Note Balance.