Common use of Note Balance Clause in Contracts

Note Balance. The Class A-2 Pool Factor will be 1.0000000 as of the Closing Date; thereafter, the Class A-2 Pool Factor will decline to reflect reductions in the Class A-2 Note Balance.

Note Balance. The Class A-2 A-1 Pool Factor will be 1.0000000 as of the Closing Date; thereafter, the Class A-2 A-1 Pool Factor will decline to reflect reductions in the Class A-2 A-1 Note Balance.