Loan Pool Balance definition

Loan Pool Balance for any Payment Date is the aggregate of the Asset Balances of all Mortgage Loans as of the last day of the related Collection Period.
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Loan Pool Balance means, as of any date of determination, the sum of the Outstanding Loan Balances of all Loans in the Loan Pool as of such date.
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Examples of Loan Pool Balance in a sentence

  • Less than 40% of the Loan Pool Balance consists of Loans principally secured by real property.

  • OCCUPANCY ------------------------------------------------------------------ Total # % Current Loan Pool Balance Owner Occ.

  • THE DESCRIPTION OF THE COLLATERAL HEREIN SUPERSEDES ANY PRIOR DESCRIPTIONS OF THE COLLATERAL AND WILL BE SUPERSEDED BY THE DESCRIPTION THEREOF IN THE PROSPECTUS SUPPLEMENT PROPERTY-TYPE -------------------------------------------------------------------- Total # % Current Loan Pool Balance Man.Hsg/Land-and-Home 643 57.25 $24,625,642.79 Man.Hsg/Chattel Contract 664 42.75 $18,390,570.64 --------------------------------------------------------------------- Total.....

  • ORIGINAL-MATURITY ----------------------------------------------------------------- Total Original # % Current Maturity Loan Pool Balance 060 3 .12 $139,756.08 084 2 .08 $88,006.94 120 43 1.84 $2,107,769.29 180 917 58.60 $67,244,064.43 240 351 22.53 $25,849,100.65 300 7 .58 $661,716.95 360 206 16.26 $18,657,784.33 ------------------------------------------------------------------ Total.....

  • As compensation for its servicing activities hereunder and reimbursement for its expenses as set forth in Section 5.19, the Servicer shall be entitled to receive a quarterly servicing fee in respect of any Collection Period (or portion thereof) prior to the termination of the Issuer (with respect to each Collection Period, the “Servicing Fee”) equal to 0.25 times the product of (A) the Servicing Fee Percentage and (B) the Loan Pool Balance of the Loans as of the first day of such Collection Period.

  • EQHEL64 - Equivantage 1996-4 LIEN STATUS 13-Nov-1996 ------------------------------------------------------------------------ Total Total # % Current Original Lien Status Loan Pool Balance Balance 1 1,253 96.41 $77,153,426.86 $77,187,827.53 2 82 3.59 $2,873,367.67 $2,874,756.00 ------------------------------------------------------------------------ Total.....

  • This means that on any interest payment date on which the aggregate net present value of all assigned receivables falls to less than 10 per cent of the Initial Loan Pool Balance, the Seller (FCE) and the Purchaser (Globaldrive) may agree that the Seller repurchase those assigned receivables.

Related to Loan Pool Balance

  • 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.

  • Net Pool Balance means, as of any date, the aggregate Outstanding Principal Balance of all Receivables (other than Defaulted Receivables) of the Issuer on such date.

  • Original Pool Balance means the Pool Balance 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.

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

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

  • Cut-off Date Pool Balance The aggregate Cut-off Date Principal Balance of all the Original Mortgage Loans.

  • Loan Group Balance As to each Loan Group, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Loan Group that were Outstanding Mortgage Loans at the time of determination.

  • Mortgage Loan Principal Balance means, at any date of determination, the aggregate principal balance of the Notes evidencing the Mortgage Loan.

  • Cut-off Date Pool Principal Balance The aggregate Stated Principal Balances of all Mortgage Loans as of the Cut-off Date.

  • Principal Balance means the outstanding principal amount of the Loan, plus interest expected to be capitalized (if any), less amounts which may not be insured (such as late charges).

  • Pool Principal Balance As to any Distribution Date, the aggregate of the Scheduled Principal Balances of the Mortgage Loans which were Outstanding Mortgage Loans on the Due Date in the month preceding the month of such Distribution Date.

  • Note Principal Balance means, with respect to each Note, at any time of determination, the Principal Balance for such Note, as set forth on the Mortgage Loan Schedule, less any payments of principal thereon (or any New Notes issued in substitution thereof) received by the related Note Holder (or any holders of New Notes in substitution thereof) or reductions in such amount pursuant to Section 3 or 4, as applicable.

  • Note A Principal Balance means, as of any date of determination, the aggregate Note Principal Balance of the A Notes.

  • Principal Receivables means all Receivables other than Finance Charge Receivables.

  • Aggregate Collateral Balance means, as at any Measurement Date, the amount equal to the aggregate of the following amounts, as at such Measurement Date:

  • Class A Principal Balance As of any date, an amount equal to the sum of the Principal Balances for the Class A-1 Certificates, Class A-2 Certificates, Class A-3 Certificates, Class A-4 Certificates, Class A-PO Certificates and Class A-R Certificate.

  • Aggregate Loan Group Balance As to any Loan Group and as of any date of determination, will be equal to the aggregate of the Stated Principal Balances of the Mortgage Loans in that Loan Group, except as otherwise provided, as of the last day of the related Collection Period.

  • Note A-7 Principal Balance means, with respect to the Mortgage Loan, at any time of determination, the Initial Note A-7 Principal Balance set forth on the Mortgage Loan Schedule, less any payments of principal thereon received by the Note A-7 Holder or reductions in such amount pursuant to Section 3 or 4, as applicable.

  • Loan Balance means, for any date of determination, the outstanding principal balance due under or in respect of a Timeshare Loan (including a Defaulted Timeshare Loan).

  • Note A-6 Principal Balance means, with respect to the Mortgage Loan, at any time of determination, the Initial Note A-6 Principal Balance set forth on the Mortgage Loan Schedule, less any payments of principal thereon received by the Note A-6 Holder or reductions in such amount pursuant to Section 3 or 4, as applicable.

  • Aggregate Certificate Principal Balance At any given time, the sum of the then current Class Principal Balances of the Certificates.

  • Aggregate Principal Balance means, with respect to any date of determination, the sum of the Principal Balances for all Receivables (other than (i) any Receivable that became a Liquidated Receivable prior to the end of the related Collection Period and (ii) any Receivable that became a Purchased Receivable prior to the end of the related Collection Period) as of the date of determination.

  • Aggregate Note Principal Balance With respect to the close of a Distribution Date, the sum of the Note Principal Balances for all classes of Notes.

  • Class A Certificate Principal Balance As of any date of determination, the sum of the Class A-1 Certificate Principal Balance, the Class A-2A Certificate Principal Balance, the Class A-2B Certificate Principal Balance, the Class A-2C Certificate Principal Balance, the Class A-2D Certificate Principal Balance and the Class R Certificate Principal Balance.

  • Original Certificate Principal Balance With respect to any Class of Certificates, the amount specified for such Class in Section 4.01(d).