Original Balance definition

Original Balance means, with respect to any Receivable coming into existence after the Initial Cutoff Date, the Outstanding Balance of such Receivable on the date it was created.

Original Balance means, with respect to any Receivable, the Outstanding Balance of such Receivable on the date it was purchased by Buyer.

Original Balance means, with respect to any Receivable, the Outstanding Balance of such Receivable on the date it was originated.

Examples of Original Balance in a sentence

• For loans with an Original Balance below $40,000,000 a non-consolidation opinion is not required.

• Yes” or “No”, as applicable, if Original Balance is equal or higher than $40,000,000 a non-consolidation opinion is required, unless waived by Freddie Mac as stated in the Commitment Letter.

• For any Mortgage Loan that is not a Pari Passu Mortgage Loan, the applicable Mortgage Loan Seller(s), on behalf of the Depositor, instructed us to use “NAP” for the “Aggregate Original Balance Pari Passu (Trust+Non-Trust)” characteristic.

• Each attachment must be identified as a part of this statement and signed.) Name and Address of Noteholder(s) Original Balance Current Balance Payment Amount Frequency (monthly,etc.) How Secured or Endorsed Type of Collateral SBA Form 413 (2-94) Use 5-91 Edition until stock is exhausted.

• If such Purchase Price Credit exceeds the Original Balance of the Receivables coming into existence on any day, then Originator shall pay the remaining amount of such Purchase Price Credit in cash immediately, provided that if the Termination Date has not occurred, Originator shall be allowed to deduct the remaining amount of such Purchase Price Credit from any indebtedness owed to it under the Subordinated Note.

More Definitions of Original Balance

Original Balance means, with respect to any Receivable, the Outstanding Balance of such Receivable on the date it was purchased by the Buyer.

Original Balance. Next Payment Date: Current Balance: Monthly P & I: Current Int. Rate: Outstanding Late Fees: Interest Type: Cash Management: Funding Date: Cross-Collateralized: Maturity Date: Cross-Defaulted: ARD Date: Lien Position: Watchlist: Insurance Balance: Watchlist Reason: Insurance Constant: Tax Balance: Insurance Status: Tax Constant: Tax Status: Property Name: Gross Rentable Sq. Ft.: Property Address: Net Rentable Sq.Ft.:

Original Balance has the meaning ascribed to it in Clause 17.3.

Original Balance of any Receivable shall mean the Outstanding Balance of such Receivable on the date it was purchased by the Borrower.

Original Balance means, with respect to any Receivable coming into existence after the Initial Cutoff Date, the Outstanding Balance of such Receivable on date it was created.

Original Balance means, for any Receivable, the original principal balance of such Receivable at its creation.

Original Balance means, with respect to any Receivable, the Outstanding Balance of such Receivable on the date it was purchased by Buyer. For the avoidance of doubt, sales, use or any other taxes (other than GST) which may be billed in connection with a Receivable are not included in the Original Balance.