Outstanding Receivable Principal Balance definition

Outstanding Receivable Principal Balance means, with respect to a single Receivable, the outstanding amount of principal owed by the Obligor or Bank Originator (with respect to participation interests in Bank Originated Receivables sold by a Bank Originator), as applicable, on such Receivable on such date, and with respect to an Investment Pool, the aggregate amount of principal owed by each Obligor on each Receivable attributable to such Investment Pool on such date.
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Outstanding Receivable Principal Balance means, with respect to any Receivable as of any date of calculation, the outstanding amount of principal owed by the Obligor on such Receivable on such date.
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Examples of Outstanding Receivable Principal Balance in a sentence

  • These Standing Orders set out how the group appoints individuals to these key roles.

  • Any other factor or characteristic of the Outstanding Receivable Principal Balance that would be material to the likelihood that the issuer of the Notes will pay interest and principal in accordance with applicable terms and conditions.

  • Accordingly, we make no representation and express no opinion or conclusion as to (a) the existence of the Outstanding Receivable Principal Balance, (b) questions of legal or tax interpretation and (c) the accuracy, completeness or reasonableness of any instructions, assumptions and methodologies provided to us by the Company, that are described in this report.

  • Distribution of Outstanding Receivable Principal Balance by Claimant State.

  • Each Quarterly Term Note shall have an Initial Principal Amount equal to the lesser of (x) the product of (i) the Quarterly Term Note Advance Rate and (ii) the Outstanding Receivable Principal Balance of the Eligible Conversion Receivables in the related Variable Funding Note Investment Pool as of such date of determination and (y) the Outstanding Principal Amount of the Variable Funding Notes as of such Conversion Date.

  • Distribution of Outstanding Receivable Principal Balance by Plaintiff State.

Related to Outstanding Receivable Principal Balance

  • Outstanding Principal Balance As of the time of any determination, the principal balance of a Mortgage Loan remaining to be paid by the Mortgagor, or, in the case of an REO Property, the principal balance of the related Mortgage Loan remaining to be paid by the Mortgagor at the time such property was acquired by the Trust Fund less any Net Liquidation Proceeds with respect thereto to the extent applied to principal.

  • 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.

  • 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.

  • Class A-1 Principal Balance as of any date means the Class A‑1 Initial Principal Balance less all amounts paid to the holders of Class A‑1 Notes in respect of principal pursuant to Section 5.06 hereof.

  • Class A-4 Principal Balance as of any date means the Class A‑4 Initial Principal Balance less all amounts paid to the holders of Class A‑4 Notes in respect of principal pursuant to Section 5.06 hereof.