Class C Pool Factor definition

Class C 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 C Certificates as of such Determination Date (determined after taking into account any reduction in the outstanding principal balance of the Class C Certificates which shall occur on the following Distribution Date) to the initial principal balance of the Class C Certificates.
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Class C Pool Factor means, with respect to any Record Date, a number carried out to seven decimal places representing the ratio of the sum of the Class C Invested Amount and the Class C Percentage of funds on deposit in the Pre-Funding Account as of such Record Date (determined after taking into account any increases or decreases in the Class C Invested Amount which will occur, and the amount of funds on deposit in the Pre-Funding Account, on the following Distribution Date) to the Class C Initial Invested Amount.
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Class C Pool Factor means, with respect to any Record Date, a number carried out to seven decimal places representing the ratio of the Class C Invested Amount as of the last day of the related Monthly Period (determined after taking into account any increases or decreases in the Class C Invested Amount which will occur on the following Distribution Date) to the highest Class C Invested Amount on or prior to the last day of such Monthly Period during the Revolving Period.
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Examples of Class C Pool Factor in a sentence

  • The Class C Pool Factor (which represents the ratio of the amount of the Class C Investor Amount on the last day of the month of ___________, 199__ (adjusted for the Class C Charge Offs set forth in 10(b) above and the amount of the reimbursement set forth in 10(i) above) to the amount of the Class C Investor Amount as of the Initial Closing Date).


More Definitions of Class C Pool Factor

Class C Pool Factor means, with respect to any Distribution ------------------- Date, the Class C Certificate Principal Balance as of such Distribution Date (after giving effect to any payments to be made on such Distribution Date), divided by the Class C Initial Certificate Principal Balance, expressed as an eight-digit decimal.
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Class C Pool Factor means, as of a Distribution Date, a seven-digit decimal figure equal to the Class C Certificate Balance as of the close of business on such Distribution Date divided by the initial Class C Certificate Balance. The Class C Pool Factor will be 1.0000000 as of the Closing Date; thereafter, the Class C Pool Factor will decline to reflect reductions in the Class C Certificate Balance.
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Class C Pool Factor means the seven-digit decimal, which the ------------------- Servicer will compute monthly, expressing as of the end of the Monthly Period preceding each Distribution Date , the Class C Investor Amount as a proportion of the Class C Investor Amount as of the Closing Date, which initially shall be 1.0000000.
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Class C Pool Factor as of any Record Date, shall mean a number rounded to seven decimals representing the ratio of the Class C Investor Amount as of such Record Date (determined after taking into account any reduction in such Class C Investor Amount which will occur on the following Distribution Date) to the Initial Class C Investor Amount.
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Related to Class C Pool Factor

  • Note Pool Factor means, with respect to each Class of Notes as of any Payment Date, a seven-digit decimal figure equal to the Outstanding Amount of such Class of Notes as of such Payment Date (after giving effect to any reductions thereof to be made on such Payment Date) divided by the original outstanding principal balance of such Class of Notes.

  • Pool Factor Means, as of any Distribution Date, the quotient (rounded to the seventh decimal place) computed by dividing (i) the Pool Balance by (ii) the original aggregate face amount of the Applicable Certificates. The Pool Factor as of any Distribution Date shall be computed after giving effect to any special distribution with respect to unused Deposits, payment of principal of the Equipment Notes or other Trust Property and the distribution thereof to be made on that date.

  • 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.

  • Class Factor As to any date of determination and any Combinable Class, the then current Class Factor for the Related REMIC Class. As to any date of determination and any RCR Class, a fraction the numerator of which is the sum of the then current Class Balances of

  • Class D Invested Amount means, as of a date, an amount (not less than zero) equal to (a) the initial Note Balance of the Class D Notes, minus (b) the aggregate amount of any principal payments made to the Noteholders of the Class D Notes before that date, minus (c) the cumulative amount of unreimbursed Investor Charge-Offs applied to reduce the Class D Invested Amount under Section 4.3 of the Indenture Supplement before that date, minus (d) the cumulative amount of unreimbursed Reallocated Principal Collections applied to reduce the Class D Invested Amount under Section 4.4 of the Indenture Supplement before that date.