Cumulative Defaults definition

Cumulative Defaults means, with respect to any Vintage Pool as of the end of any Monthly Period, the sum for all Receivables in such Vintage Pool that became Defaulted Receivables of the Outstanding Principal Balances thereof determined as of the date on which they became Defaulted Receivables less any Collections received on such Defaulted Receivables from and after the date on which they became Defaulted Receivables (measured for the period commencing from the origination of each such Receivable to the end of such Monthly Period).

Cumulative Defaults means, as of any date of determination in respect of any Term Loan Investment Pool, an amount equal to the aggregate unpaid principal balance of all Borrower Receivables in such Term Loan Investment Pool that became Charged-Off Receivables during the period beginning on the earliest date of origination of any Borrower Receivable in such Term Loan Investment Pool, and ending on the last day of the most recently ended Collection Period.

Cumulative Defaults means at any time, the aggregate Principal Outstanding Balance of all Mortgage Loans that have been repossessed calculated as at the time of such repossession.

Examples of Cumulative Defaults in a sentence

• Notwithstanding the written notice and cure periods set forth above, MAC shall only be required to provide Tenant with notice and opportunity to cure two (2) Cumulative Defaults in any calendar year.

• When formulating its response to the consultation, it has sought the views of many of its corporate members who are active in the market.

• Interest Rates and Cumulative Defaults for Three vintages of Subprime 2/28 mortgages.

• Interest Rates and Cumulative Defaults for Three Vintages of Subprime 2/28 Mortgages.

• This is borne out by polling data, which points to some worrying trends.

• An Ineligible TFE shall not be taken into account when ascertaining whether any Replenishment Condition is met or in calculating the Total Interest Reserve Required Amount, the Weighted Average Yield, the Set-Off Exposure or the Aggregate Cumulative Defaults.

• The "Cumulative Defaults" means at any time, the aggregate Principal Outstanding Balance of all Mortgage Loans that have been repossessed calculated as at the time of such repossession.

• Vintageց4030201002005 2006 2007 2008 2009Interest rate in %Cumulative Defaults in %2006 borrowers faced smaller payment shocks But performed worse from origination.

• Chart 1FFELP Non-Consolidation ABS Trusts Cumulative Defaults by Trust‌ Chart 2FFELP Consolidation ABS Trusts Cumulative Defaults by Trust‌ Chart 3 further shows that the expected defaults set forth under the proposed methodology do not match the observed historical performance.

• Expected Defaults Cumulative Defaults - Extrapolation Summary12%10%8%6%4%2%0%1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 55 58 61 64 67 70 73 Months Since OriginationPAF KAF Combined Weighted (Concentration Limits)Cumulative DefaultsAs mentioned above, a Defaulted Receivable is defined as being more than 90 days in arrears.

More Definitions of Cumulative Defaults

Cumulative Defaults means, with respect to any Vintage Pool as of the end of any Monthly Period, the aggregate outstanding Principal Balance of the Customer Loans in such Vintage Pool that are Defaulted Customer Loans (measured for the period commencing from the origination of each such Customer Loan to the end of such Monthly Period).

Cumulative Defaults means at any time, the aggregate Principal Outstanding Balance of all