Pool Delinquency Rate. With respect to any Remittance Period, the fraction, expressed as a percentage, equal to (x) the aggregate principal balances of all Mortgage Loans 90 or more days Delinquent (including all foreclosures and REO Properties) as of the close of business on the last day of such Remittance Period over (y) the Pool Principal Balance as of the close of business on the last day of such Remittance Period.
Pool Delinquency Rate. With respect to any Collection Period, the fraction, expressed as a percentage, the numerator of which is the aggregate outstanding principal balance of all Mortgage Loans 60 or more days delinquent (including all foreclosures and REO Properties) as of the close of business on the last day of such Collection Period, and the denominator of which is the Aggregate Loan Balance as of the close of business on the last day of such Collection Period.
Pool Delinquency Rate. With respect to each Pool separately and with respect to any Collection Period, the fraction, expressed as a percentage, equal to (x) the aggregate Principal Balances of all related Mortgage Loans 60 or more days delinquent (including all foreclosures and REO properties) as of the close of business on the last day of such Collection Period over (y) the related Pool Balance as of the close of business on the last day of such Collection Period.
More Definitions of Pool Delinquency Rate
Pool Delinquency Rate. With respect to any Collection Period, the fraction, expressed as a percentage, equal to (x) the aggregate Principal Balances of all Mortgage Loans that are 90 or more days delinquent (including all foreclosures and REO properties) as of the close of business on the last day of such Collection Period over (y) the Pool Balance as of the close of business on the last day of such Collection Period.
Pool Delinquency Rate means, with respect to any date of determination, the average, as of the last day of each of the three preceding Collection Periods, of a fraction, expressed as a percentage, the numerator of which is (x) the outstanding Contract Value of all Receivables with respect to which the related Obligor is 30 or more days contractually delinquent with respect to a Scheduled Payment thereunder but which is not a Liquidated Receivable, and the denominator of which is (y) the then outstanding Contract Value of all Receivables that are not Liquidated Receivables.
Pool Delinquency Rate. As set forth in the Insurance Agreement.
Pool Delinquency Rate. With respect to any calendar month, a fraction, expressed as a percentage, (x) the numerator of which is the Aggregate Principal Balance of all 60+ Day Delinquent Mortgage Assets; and (y) the denominator of which is the Aggregate Principal Balance as of the close of business on the last day of such month.
Pool Delinquency Rate. With respect to any calendar month, a fraction, expressed as a percentage, (x) the numerator of which is the Aggregate Economic Balances of all Accounts 60 or more days delinquent as of the close of business on the last day of such month; and (y) the denominator of which is the Aggregate Economic Balance as of the close of business on the last day of such month.
Pool Delinquency Rate. With respect to any Pool and any Due Period, the fraction, expressed as a percentage, equal to (x) the aggregate Loan Balances of all Mortgage Loans in such Pool 60 or more days Delinquent, in foreclosure or relating to REO Properties as of the close of business on the last day of such Due Period over (y) the aggregate Loan Balances of all Mortgage Loans in such Pool as of the close of business on the last day of such Due Period. [POOL PROJECTED NET MONTHLY EXCESS CASHFLOW: AS OF ANY DATE OF CALCULATION, WITH RESPECT TO POOL I, FIVE TIMES (OR, WITH RESPECT TO POOL II AND POOL IV, THREE TIMES) NET MONTHLY EXCESS CASHFLOW RELATING TO SUCH POOL, AS CALCULATED ON THE DISTRIBUTION DATE IMMEDIATELY PRECEDING SUCH DATE OF CALCULATION. POOL PROJECTED NET MONTHLY EXCESS CASHFLOW SHALL NOT APPLY TO POOL III.]
Pool Delinquency Rate. With respect to each Mortgage Pool and any --------------------- calendar month, the fraction, expressed as a percentage, the numerator of which is the aggregate outstanding principal balance of all Mortgage Loans in such Mortgage Pool 60 or more days delinquent (including all foreclosures and REO Properties) as of the close of business on the last day of such month, and the denominator of which is the Pool Balance for such Mortgage Pool as of the close of business on the last day of such month.