UPB means, for a Reference Obligation, the unpaid principal balance as of any date of determination.
UPB means unpaid principal balance.
UPB means, with respect to any Mortgage Loan and as of any date, the unpaid principal balance of such Mortgage Loan as of such date.
Examples of UPB in a sentence
Unlike receivables, total UPB should be net of any interest and fees owed by the borrower.
This should be reported as unpaid principal balance (UPB) gross of any charge-offs.
Items that are not found in the UPB will be listed as “non-pre-priced”.
While division one of the UPB will not be generally allowed, special requirements out of division one may be allowed with the approval of the client member and listed as a separate line item with an attachment giving an explanation as to the special need.
When a specific project or job order is issued, TIPS member and the contractor will agree on the scope of work and the cost is determined by applying the coefficient to the appropriate units in the UPB.
More Definitions of UPB
UPB means, with respect to any Receivable, the unpaid principal balance of such Receivable owed by the related Obligor (inclusive of the Bank Partner Retained Percentage with respect to such Receivable), including, without limitation, to the extent such Receivable relates to a line of credit, any advances and disbursements to the related Obligor after the origination date pursuant to such line of credit.
UPB means the unpaid principal balance of any given Mortgage Loan.
UPB means, with respect to any Receivable, the unpaid principal balance of such Receivable owed by the related Obligor (inclusive of the Bank Partner Retained Percentage with respect to such Receivable).
UPB means unpaid principal balance of a mortgage loan.
UPB means, with respect to any Servicing Agreement, the aggregate unpaid principal balance of the underlying mortgage loans under such Servicing Agreement.
UPB means, as of any date of determination, (a) when used in connection with multiple Assets (or multiple Loans and/or Acquired Property), an amount equal to the sum of the aggregate then outstanding principal balance of each such Asset (or Loan and/or Acquired Property), (b) when used with respect to a single Asset (or Loan and/or Acquired Property), an amount equal to the then outstanding principal balance of such Asset (or Loan and/or Acquired Property), and (c) when used with respect to one or more Assets including Loan and Acquired Property components, an amount equal to the sum of the Unpaid Principal Balance of such Loan and the Unpaid Principal Balance of such Acquired Property; provided, however, that:
UPB means the unpaid principal balance of the Loan and does not include any interest, fees, advances or other charges against the Loan, provided, however, that UPB might include tax amounts paid by Seller on behalf of Borrower to a municipality.