Common use of Net Pool Balance Clause in Contracts

Net Pool Balance. At no time prior to the Facility Termination Date shall Seller permit the Net Pool Balance to be less than an amount equal to the sum of (i) the Aggregate Invested Amount and (ii) the Required Reserve.

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Airborne Inc /De/), Receivables Purchase Agreement (Airborne Inc /De/)