Outstanding Pool Balance definition

Outstanding Pool Balance means the Pool Balance as of the end of the related Collection Period.
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Outstanding Pool Balance means, as of any date of ------------------------ determination, the aggregate Outstanding Principal Balance of the Mortgage Loans.
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Outstanding Pool Balance. Pool Factor: K. Aggregate Purchase Amounts for Collection Period: L. Aggregate Amount of Realized Losses for the Collection Period: EXHIBIT D Custodial Agreement EXHIBIT E LIMITED POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENT, pursuant to Section 3.06(f) of a certain Servicing Agreement dated June 17, 1997, herein termed the "Servicing Agreement", among FIRST MERCHANTS ACCEPTANCE CORPORATION, a Delaware corporation herein termed the "Servicer", GREENWICH CAPITAL FINANCIAL PRODUCTS, INC., a Delaware corporation herein termed the "Attorney", and HARR▇▇ ▇▇▇ST AND SAVINGS BANK, an Illinois banking corporation, the undersigned Servicer does hereby constitute and appoint the Attorney, its successors and assigns, as the true and lawful attorney-in-fact of the Servicer and with full power by an instrument in writing to appoint a substitute or substitutes, to demand, reduce to possession, collect, receive, receipt for, endorse, compromise, settle or assign without recourse any and all indebtedness, notes, commercial paper, promises to pay, retail installment sale contracts, chattel paper, instruments, choses in action and other obligations described in Schedule "A" to the Servicing Agreement, herein termed the "Receivables", together with all monies due or to become due under said Receivables, and any and all claims, choses in action, and rights and causes of action relating thereto, including any and all real estate and personal property, security instruments and insurance policies held as security for said Receivables, and all other property of every kind relating thereto; to cancel or release the Receivables and release any security, in whole or in part and in connection therewith to execute, acknowledge or handle proper discharges, releases, satisfactions, certificates of title, other lien certificates or other instruments in writing which may become necessary in order to carry the foregoing powers into effect, the Servicer hereby ratifying and confirming all acts and things lawfully and reasonably done by the Attorney or its substitute or substitutes in pursuance of the authority herein granted.
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Examples of Outstanding Pool Balance in a sentence

  • On any date of determination, the aggregate Outstanding Principal Balance of the Substitute Mortgage Loans as of the related dates of substitution shall not exceed 3% of the Outstanding Pool Balance as of the Cut-Off Date.

  • With respect to the Mortgage Loan secured by the Mortgaged Property identified on Annex A-1 to the Primary Free Writing Prospectus as Commons at Madera Fair, representing approximately 1.5% of the Initial Outstanding Pool Balance, there is no exception to Representation 26 (Recourse Obligations).

  • COLLATERAL UPDATES KeyBank National Association (“KeyBank”), as Master Servicer, will appoint Berkadia Commercial Mortgage LLC (“Berkadia”) as the primary servicer of 56 Mortgage Loans, representing approximately 89.7% of the Initial Outstanding Pool Balance (the “Subserviced Loans”) pursuant to that certain Amended and Restated Subservicing Agreement dated as of January 18, 2013 (the “Berkadia Subservicing Agreement”).

  • COLLATERAL UPDATE With respect to the Mortgage Loan secured by the Mortgaged Property identified on Annex A-1 to the Primary Free Writing Prospectus as Quakerbridge, representing approximately 3.4% of the Initial Outstanding Pool Balance, the State of New Jersey tenant is rated “A” by Fitch, “A1” by ▇▇▇▇▇’▇ and “A+” by S&P.

  • DESIGNATION RATE BALANCE ----------- ---- ------- Class A 7.52% $33,700,000 Class B 8.00% $15,000,000 Class C 8.83% $10,000,000 The Mortgage Loans have an Outstanding Pool Balance as of the Cut-off Date equal to $65,169,974.

  • With respect to the Mortgage Loan secured by the Mortgaged Property identified on Annex A-1 to the Primary Free Writing Prospectus as ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ University Place, representing approximately 4.3% of the Initial Outstanding Pool Balance, since 2007, the related borrower sponsor has spent approximately $11.7 million in capital expenditures at the related Mortgaged Property.

  • With respect to the Mortgage Loan secured by the Mortgaged Property identified on Annex A-1 to the Primary Free Writing Prospectus as Southfield Town Center, representing approximately 7.6% of the Initial Outstanding Pool Balance, at origination, the borrowers deposited $2,384,802.07 into an outstanding free rent and rent abatement reserve account (also identified as a Free Rent Reserve) and $3,991,750.69 into an outstanding leasing cost reserve account (also identified as an Existing Leases Reserve).

  • The Mortgage Loans secured by the Mortgaged Property or portfolio of Mortgaged Properties identified on Annex A-1 to the Preliminary Free Writing Prospectus as Goodyear Portfolio and Springdale Beltway Commons, representing approximately 8.2% of the Initial Outstanding Pool Balance, were made to related borrowers that are affiliated with one another through partial or complete direct or indirect common ownership.

  • The Servicing Fee shall be equal to the sum of the product of: (i) 0.50% per annum, (ii) the Aggregate Outstanding Pool Balance as of the beginning of the related Due Period (or, with respect to the first Due Period, as of the Closing Date) and (iii) a fraction, the numerator of which is equal to the number of days in the related Due Period (or, with respect to the first Due Period, the number of days from the Closing Date to the end of the first Due Period) and the denominator of which is 360.

  • Six (6) groups of Mortgage Loans representing approximately 8.2%, 5.4%, 2.9%, 2.6%, 2.2% and 0.7%, respectively, of the Initial Outstanding Pool Balance, are comprised of individual Mortgage Loans that were made to related borrowers that are affiliated with one another through partial or complete direct or indirect common ownership.


More Definitions of Outstanding Pool Balance

Outstanding Pool Balance means, as of any date of determination, the aggregate Outstanding Principal Balance of the Mortgage Loans.
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