Cut-off Date Loan Balance definition

Cut-off Date Loan Balance means the Loan Balance calculated as of the Cut-off Date.

Cut-off Date Loan Balance means the Loan Balance of a Timeshare Loan on its related Cut-Off Date.

Cut-off Date Loan Balance. With respect to any Home Loan, the unpaid principal balance thereof as of the close of business on the Business Day immediately prior to the Cut-off Date.

Examples of Cut-off Date Loan Balance in a sentence

• The aggregate Cut-Off Date Loan Balance of Defaulted Timeshare Loans that may be repurchased and of Defaulted Timeshare Loans that may be substituted pursuant to Section 6(b) shall be limited on any date to 15% and 20%, respectively, of the Aggregate Loan Balance on the Initial Cut-Off Date less the sum of the Loan Balances of all Defaulted Timeshare Loans (as of the date they became Defaulted Timeshare Loans) previously repurchased or substituted, as applicable, at the Seller’s option.

• The aggregate Cut-Off Date Loan Balance of Defaulted Timeshares Loans that may be repurchased and substituted pursuant to Section 7(b) at the option of Seller shall be limited on any date to 15% for repurchases and 20% for substitutions of the highest aggregate Loan Balance of all Timeshare Loans owned by the Buyer since the Closing Date, less the aggregate of the Cut-Off Date Loan Balances of all Defaulted Timeshare Loans previously repurchased and substituted pursuant to Section 7(b).

More Definitions of Cut-off Date Loan Balance

Cut-off Date Loan Balance. With respect to any Home Equity Loan, the unpaid principal balance thereof as of the close of business on the last day of the Billing Cycle immediately prior to the Cut-off Date.

Cut-off Date Loan Balance means the Loan Balance of a Timeshare Loan as of its related Cut-Off Date.

Cut-off Date Loan Balance. As to any Mortgage Loan, the outstanding, unpaid principal balance thereof as of the close of business on the applicable Cut-off Date after giving effect to all scheduled principal payments due, whether or not received, on or prior to the related Cut-off Date.

Cut-off Date Loan Balance. With respect to any Mortgage Loan, the principal balance thereof as of the Cut-Off Date.

Cut-off Date Loan Balance means the Loan Balance of a Timeshare Loan on the related Cut-Off Date. “DBRS” shall mean DBRS, Inc.

Cut-off Date Loan Balance. With respect to any Revolving Credit Loan, the unpaid principal balance thereof as of the close of business on the last day of the Billing Cycle immediately prior to the Cut-off Date. Cut-off Date Pool Balance: $335,659,538.88.

Cut-off Date Loan Balance. The Total Loan Balance as of the Cut-off Date. [DCR: Duff & Xxxxxx Credit Rating Co., or its successor in interest.]