Common use of Net Pool Balance Clause in Contracts

Net Pool Balance. (i) On the date of each Incremental Transfer or Reinvestment hereunder, immediately after giving effect thereto, the Net Pool Balance as of the last day covered by the most recent Settlement Report or Interim Settlement Report is at least equal to the sum of (A) the Aggregate Invested Amount (as of the date of such transfer), plus (B) the Required Reserves as of the last day covered by the most recent Settlement Report or Interim Settlement Report, and (ii) immediately after giving effect to each Reinvestment hereunder, since the last day covered by the most recent Settlement Report or Interim Settlement Report, nothing has come to either Transferor Party's attention to lead it to believe that it would reasonably be expected that the Net Pool Balance does not equal or exceed the sum of (A) the Aggregate Invested Amount as of such date, plus (B) the Required Reserves as of the last day covered by the most recent Settlement Report or Interim Settlement Report.