Original Pool Balance definition

Original Pool Balance means the Pool Balance as of the Cutoff Date.

Original Pool Balance means $1,737,164,363.62.

Original Pool Balance means the aggregate Principal Balance of the Receivables on the Cut-off Date.

Examples of Original Pool Balance in a sentence

• The Seller or the Servicer of the Receivables may at its option purchase the corpus of the Trust at a price specified in the Sale and Servicing Agreement, and such purchase of the Receivables and other property of the Trust will effect early retirement of the Certificate; however, such right of purchase is exercisable, subject to certain restrictions, only as of the last day of any Collection Period as of which the Pool Balance is 10% or less of the Original Pool Balance.

• The Servicer of the Receivables may at its option purchase the Owner Trust Estate at a price specified in the Sale and Servicing Agreement, and such purchase of the Receivables and other property of the Issuer will effect early retirement of the Trust Certificates; provided, however, such right of purchase is exercisable only as of the last day of any Collection Period as of which the Pool Balance is less than or equal to 10% of the Original Pool Balance.

• AmeriCredit shall not cause or permit the substitution of Financed Vehicles relating to Receivables having an original aggregate Principal Balance greater than two percent (2%) of the Original Pool Balance, (the “Substitution Limit”).

• The Seller or the Servicer of the Receivables may at its option purchase the corpus of the Holding Trust at a price specified in the Sale and Servicing Agreement, and such purchase of the Receivables and other property of the Holding Trust will effect early retirement of the Holding Trust Certificate; however, such right of purchase is exercisable, subject to certain restrictions, only as of the last day of any Collection Period as of which the Pool Balance is 10% or less of the Original Pool Balance.

• The Seller or the Servicer of the Receivables may at its option purchase the corpus of the Trust at a price specified in the Sale and Servicing Agreement, and such purchase of the Receivables and other property of the Trust will effect early retirement of the Certificates; however, such right of purchase is exercisable, subject to certain restrictions, only as of the last day of any Collection Period as of which the Pool Balance is 10% or less of the Original Pool Balance.

More Definitions of Original Pool Balance

Original Pool Balance means $__________.

Original Pool Balance means the Pool Balance as of the Cutoff Date, or $1,237,144,340.47.

Original Pool Balance means the sum, as of any date, of the Pool Balance as of the Initial Cutoff Date, plus the aggregate Principal Balance of the Subsequent Receivables, if any, sold to the Trust, as of their respective Subsequent Cutoff Dates.

Original Pool Balance means, as of any date of determination, an amount equal to the sum of (i) the Initial Pool Balance plus (ii) the aggregate Principal Balance (including the aggregate principal balance of Last Scheduled Payments) of all Subsequent Receivables conveyed to the Trust on or prior to such date as of the close of business on their respective Subsequent Cutoff Dates.

Original Pool Balance means $400,000,000, which is the sum of (i) the Principal Balances of the Initial Contracts as of the Initial Cut-Off Date, (ii) the Principal Balances of the Subsequent Contracts as of the Subsequent Cut-Off Date, and (iii) the initial deposit in the Prefunding Account.

Original Pool Balance means $340,232,904.32.

Original Pool Balance means [the sum of the aggregate] Pool Balance [of the Initial Receivables] as of the [Initial] Cutoff Date[, plus the aggregate Pool Balance of the Subsequent Receivables, if any, sold to the Issuer, as of their respective Subsequent Cutoff Dates].