Securities Balance definition

Securities Balance means, as of any date, the unpaid principal amount of the Securities as of such date.

Securities Balance. The Note Balance or Certificate Balance, as the context may require.

Securities Balance has the meaning set forth in the Trust Agreement.

Examples of Securities Balance in a sentence

• As provided in the Indenture, the Servicer will be permitted at its option to purchase the 2003-A SUBI Certificate from the Issuer on any Payment Date if, either before or after giving effect to any payment of principal required to be made on such Payment Date, the Securities Balance is less than or equal to 10% of the Initial Securities Balance.

• As provided in the Indenture, the Servicer will be permitted at its option to purchase the 2005-A SUBI Certificate from the Issuer on any Payment Date if, either before or after giving effect to any payment of principal required to be made on such Payment Date, the Securities Balance is less than or equal to 5% of the Initial Securities Balance.

• Underwritten Senior Securities Balance Permitted Variance: Plus or minus 5%.

• As provided in the Indenture, the Servicer will be permitted at its option to purchase the 2004-A SUBI Certificate from the Issuer on any Payment Date if, either before or after giving effect to any payment of principal required to be made on such Payment Date, the Securities Balance is less than or equal to 10% of the Initial Securities Balance.

• The purchase price for the [___]-[_] SUBI Certificate shall equal the Securities Balance, together with accrued interest thereon up to but not including such related Payment Date (the “Optional Purchase Price”), which amount shall be deposited by the Servicer into the SUBI Collection Account on the Deposit Date related to such Payment Date.

• Aggregate Securities Balance as of the End of the Collection Period $1,421,304,438.73 F.

• Aggregate Securities Balance as of the Beginning of the Collection Period $1,352,002,774.82 E.

• Aggregate Securities Balance as of the End of the Collection Period $712,897,841.67 F.

• Aggregate Securities Balance as of the Beginning of the Collection Period $ 935,187,254.78 E.

• Aggregate Securities Balance as of the Beginning of the Collection Period $1,306,653,686.75 E.

More Definitions of Securities Balance

Securities Balance means, as determined as of April 10, 2020, the aggregate amount owed to a Participating Counterparty under the Applicable Agreements in respect of Securities Assets.

Securities Balance means the sum of the Note Balance and the Certificate ------------------ Balance; provided, however, that except as otherwise provided by the context, references to the Securities Balance as of a particular Distribution Date shall take into account all distributions of principal made on such Distribution Date.

Securities Balance the Term Note Balance, Variable Funding Balance or Certificate Balance, as the context may require.

Securities Balance has the meaning set forth in the Administration Agreement.