Loan Principal Balance. As of the date of any determination, with respect to the Trust Loan, Companion Loans, Whole Loan or Foreclosed Property, the outstanding principal balance of such Trust Loan, Companion Loans or Whole Loan or, as determined in accordance with Section 3.12(g), such Foreclosed Property.
Loan Principal Balance means as of any determination date with respect to (a) a Loan other than a Precompute Loan, the outstanding principal balance of such Loan and (b) a Loan that is a Precompute Loan, the calculated principal balance of such Precompute Loan, which is the result of (x) the remaining unpaid amount due in respect of such Precompute Loan minus (y) the unearned interest on such Precompute Loan calculated on an accrual basis, provided, that the Loan Principal Balance of any Loan a portion of which has been charged off in accordance with the Credit and Collection Policy shall be reduced by the portion so charged off.
Loan Principal Balance means, at any date of determination, the outstanding principal balance of the Mortgage Loan.
Examples of Loan Principal Balance in a sentence
The “Servicing Fee” for any Payment Date and the related Collection Period shall be an amount equal to the product of (i) 4.75%, (ii) the aggregate Loan Principal Balance as of the first day of such Collection Period, (iii) one-twelfth.
More Definitions of Loan Principal Balance
Loan Principal Balance. As of the date of any determination, with respect to the Trust Loan, Senior Pari Passu Companion Loans, Mortgage Loan or Foreclosed Property, the outstanding principal balance of such Trust Loan (as determined in accordance with the terms of the Co-Lender Agreement), Senior Pari Passu Companion Loans (as determined in accordance with the terms of the Co-Lender Agreement) or Mortgage Loan or, as determined in accordance with Section 3.12(g), such Foreclosed Property.
Loan Principal Balance means as of any determination date with respect to (a) a Loan other than a Precompute Loan, the outstanding principal balance of such Loan and (b) a Loan that is a Precompute Loan, the calculated principal balance of such Precompute Loan, which is generally equal to the present value of the scheduled and unpaid payments in respect of such Precompute Loan discounted monthly at an annual rate equal to the coupon on such Precompute Loan. The Loan Principal Balance of any Loan a portion of which has been charged-off in accordance with the Credit and Collection Policy shall be reduced by the portion so charged-off.
Loan Principal Balance means the Mortgage Loan Principal Balance [and/or the Mezzanine Loan Principal Balance, as applicable].
Loan Principal Balance shall have the meaning given to such term in Section 2.3(b) hereof.
Loan Principal Balance. As of any date, the aggregate Loan Balances of all of the Home Equity Loans as of the close of business on such date.
Loan Principal Balance. As of the date of any determination, with respect to the Whole Loan, the Trust Loan, a Companion Loan or REO Property, the outstanding principal balance of the Whole Loan, the Trust Loan, such Companion Loan or, as determined in accordance with Section 3.12(g), the REO Property, as the case may be.
Loan Principal Balance. Transfer Tax: Realized Gain/Loss Amount: 0.00 Reconveyance Fees: Additional Proceeds Applied: Demand Fee: Prior Additional Proceeds: Total Holdbacks: 0.00 Loss Severity: #DIV/0! Other Fees (Including Fee Code B): Notes: UPB Accrued Interest to 0.00 XXX: Advanced Delinquent 0.00 Interest: Stopped Delinquent Interest: Deferred Interest: Additional Interest: Total Liquidation Expenses: 0.00 EXHIBIT R RELEVANT SERVICING CRITERIA The assessment of compliance to be delivered by the Master Servicer and the Trust Administrator shall address, at a minimum, the criteria identified as below as "Applicable Servicing Criteria" with respect to such party: Where there are multiple checks for criteria the attesting party will identify in their management assertion that they are attesting only to the portion of the distribution chain they are responsible for in the related transaction agreements. -------------------------------------------------------------------------------- Regulation Servicing Criteria Servicers Master Trust AB Reference Servicer Administrator -------------------------------------------------------------------------------- ----------------------------------------------------------------------------- General Servicing Considerations -----------------------------------------------------------------------------