Examples of Group II Pool in a sentence
If the Company and the Servicer both desire to exercise the option in clause (ii) of this paragraph on any Remittance Date after the first Remittance Date on which the sum of the Group I Pool Scheduled Principal Balance and the Group II Pool Scheduled Principal Balance is less than 10% of the Combined Total Original Contract Pool Principal Balance, the Servicer shall have the prior right to exercise such option.
It is proposed that the Board address issues of concern re- garding its governing process by undertaking a review of its manner of operating as an elected board, as well as its relation to the staff designated to serve the Board.
The Master Servicing Fee payable to the Master Servicer on each Monthly Servicing Payment Date in accordance with Sections 4.07 and 5.05(b)(ii) and (c)(ii) of the Sale and Servicing Agreement shall be equal to 0.0416666% (0.50% on an annualized basis) (the “Master Servicing Fee Percentage”) of the Group I and Group II Pool Balance, respectively, as of the last day of the preceding calendar month (the “Master Servicing Fee”).
On any Distribution Date on which the Group II Pool Principal Balance (as defined in the Pooling Agreement) is less than 10% of the aggregate Cut-off Date Principal Balance of the Group II Loans, the Master Servicer will have the option to repurchase, in whole, from the Underlying Trust all remaining Group II Loans and all property acquired in respect of the Group II Loans at a purchase price determined as provided in the Pooling Agreement.
The aggregate principal amounts payable by Obligors under the Group II Contracts as of the Cut-Off Date (including scheduled principal payments due on or after the Cut-Off Date but paid prior to the Cut-Off Date) equal or exceed the Cut-Off Date Group II Pool Balance.
The Master Servicing Fee payable to the Master Servicer on each Monthly Servicing Payment Date in accordance with Sections 4.07 and 5.05(b), (c)(X)(1) and (c)(Y)(1) of the Sale and Servicing Agreement shall be equal to 0.0416666% (0.50% on an annualized basis) (the “Master Servicing Fee Percentage”) of the Group I and Group II Pool Balance, respectively, as of the last day of the preceding calendar month (the “Master Servicing Fee”).
As to any Remittance ---------------------------------------------- Date the amount, if any, by which the sum of the Class II A Principal Balance and the Class II B Principal Balance for such Remittance Date exceeds the Group II Pool Scheduled Principal Balance for such Remittance Date, in each case, after giving effect to all distributions on the Certificates on account of principal on such Remittance Date (exclusive of the related Guarantee Payment, if any).
The assumed exercise of these stock options had an immaterial dilutive effect on earnings per share for 1995 and 1994 and an anti-dilutive effect on the loss per share for 1993.
For each Payment Date, the Note Rate for the Class IIA-1 Notes is the least of (i) LIBOR as of the related LIBOR Determination Date, plus the Class IIA-1 Note Margin, (ii) the Group II Pool Cap or (iii) the Maximum Note Rate.
The Master Servicing Fee payable to the Master Servicer on each Monthly Servicing Payment Date in accordance with Sections 4.07 and 5.05(b) and (c)(i) of the Sale and Servicing Agreement shall be equal to [____]% ([____]% on an annualized basis) (the “Master Servicing Fee Percentage”) of the [Group I] and [Group II] Pool Balance, respectively, as of the last day of the preceding calendar month (the “Master Servicing Fee”).