Group Balance definition
Examples of Group Balance in a sentence
As of any date of determination and Loan Group, will be equal to applicable Aggregate Loan Group Balance plus the amount, if any, then on deposit in the Prefunding Account, with respect to the related Loan Group; provided that the Aggregate Loan Group Collateral Balance as of the Initial Cut-off Date will include the Prefunded Amount.
The Indenture Trustee shall determine if reducing the relevant Loan Group Balance by the Asset Balance of the retransferred Mortgage Loan would cause a Transfer Deficiency for the related Loan Group.
As of any date, the aggregate principal balance of the Class 1-L Interest and the Class 1-LS Interest shall equal the aggregate Stated Principal Balance of Loan Group 1 minus the Class Certificate Balance of the Class 1-A-LR Certificate (the "Adjusted Loan Group Balance").
All Taxes required to have been paid or accrued by the Contributed Companies and, with respect to the Group Businesses, the Contributing Companies for all periods prior to the 1998 Group Balance Sheet have been fully paid (except for Taxes that are adequately provided for or reflected in the 1998 Group Balance Sheet) except where a failure to do so would not have a Material Adverse Effect on the Group Business.
Since the date of the 1998 Group Balance Sheet, no material Tax liability relating to the Group Business has been assessed, or is, to Seagate's Knowledge, proposed to be assessed, incurred or accrued (other than liabilities for Taxes arising in the ordinary course of business).