Initial Adjusted Pool Balance definition

Initial Adjusted Pool Balance means the Adjusted Pool Balance of the Receivables as of the Closing Date.
Sample 1Sample 2Sample 3
Initial Adjusted Pool Balance means, as of any date of determination, an amount equal to the sum of (A) the aggregate Adjusted Principal Balance (including the aggregate Adjusted Principal Balance of Last Scheduled Payments) of the Initial Receivables as of the Cutoff Date, plus (B) the aggregate Adjusted Principal Balance (including the aggregate Adjusted Principal Balance of Last Scheduled Payments) of all Subsequent Receivables transferred to the Trust after the Closing Date, calculated as of their respective Subsequent Cutoff Dates.
Sample 1Sample 2

Examples of Initial Adjusted Pool Balance in a sentence

  • These activities are totally the responsibility of the operator, which must adhere to Department minimum safety requirements, rules and regulations, attached as Attachments B and C.

  • Reserve Percentage of Initial Adjusted Pool Balance [_____________]% Beginning Period Required Amount $[_____________] Beginning Period Amount $[_____________] Current Period Release to Collection Account $[_____________] Current Period Deposit $[_____________] Current Period Release to Depositor $[_____________] Ending Period Required Amount (0.25% of APB of cut-off date) $[_____________] Ending Period Amount $[_____________] [VII.

  • RESERVE ACCOUNT Reserve Percentage of Initial Adjusted Pool Balance 0.25%Beginning Period Required Amount $ 3,430,700.21Beginning Period AmountCurrent Period Release to Collection Account Current Period DepositCurrent Period Release to DepositorEnding Period Required Amount (0.25% of APB of cut-off date) $ 3,430,700.21$ -$ -$ -$ 3,430,700.21Ending Period Amount $ 3,430,700.21 VII.

Related to Initial Adjusted Pool Balance

  • Adjusted Pool Balance means, on the Closing Date, an amount equal to:

  • Pool Balance means, as of any date, the aggregate Principal Balance of the Receivables (exclusive of all Administrative Receivables for which the Servicer has paid the Administrative Purchase Payment, Warranty Receivables for which the Seller has paid the Warranty Purchase Payment and Defaulted Receivables) as of the close of business on such date.

  • Initial Pool Balance means, an amount equal to the aggregate Principal Balance of the Receivables as of the Cutoff Date.

  • Net Receivables Pool Balance means, at any time: (a) the Outstanding Balance of Eligible Receivables then in the Receivables Pool, minus (b) the Excess Concentration.