Common use of Note Balance Clause in Contracts

Note Balance. The Class A-3 Pool Factor will be 1.0000000 as of the Closing Date; thereafter, the Class A-3 Pool Factor will decline to reflect reductions in the Class A-3 Note Balance.

Appears in 2 contracts

Sources: Sale and Servicing Agreement (Long Beach Holdings Corp), Sale and Servicing Agreement (Long Beach Holdings Corp)

Note Balance. The Class A-3 A-4 Pool Factor will be 1.0000000 as of the Closing Date; thereafter, the Class A-3 A-4 Pool Factor will decline to reflect reductions in the Class A-3 A-4 Note Balance.

Appears in 1 contract

Sources: Sale and Servicing Agreement (Long Beach Holdings Corp)