Aggregate Contract Principal Balance definition

Aggregate Contract Principal Balance means, as of any Calculation Date, the sum of the Contract Principal Balances of all Contracts as of such Calculation Date.
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Aggregate Contract Principal Balance. With respect to any Calculation Date, the aggregate of the Contract Principal Balances of all Series 1999-1 Contracts (other than Defaulted Contracts) in the Series 1999-1 Trust Estate as of such date.
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Aggregate Contract Principal Balance. With respect to any date, the aggregate Contract Principal Balances of all Series 1998-1 Contracts (other than Charged-Off Contracts) in the Series 1998-1 Trust Estate as of such date. ALRC III: Advanta Leasing Receivables Corp. III, a Nevada corporation. ALRC IV: Advanta Leasing Receivables Corp. IV, a Nevada corporation. ALRC V: Advanta Leasing Receivables Corp. V, a Nevada corporation.
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Examples of Aggregate Contract Principal Balance in a sentence

  • On each Payment Date, the Servicer shall be entitled to receive the Servicing Fee in respect of the immediately preceding Collection Period equal to the product of (a) one-twelfth of the Servicing Fee Rate and (b) the Aggregate Contract Principal Balance as of the first day of such preceding Collection Period.

  • The aggregate amount of Defaulted Contracts which the Obligors may remove from the Series 1999-1 Trust Estate shall not, however, exceed 5% of the Initial Aggregate Contract Principal Balance.

  • The Obligors and ABS also represent that as of the Closing Date, UCC-1 financing statements showing the Originator as debtor and ALRC VIII as secured party and ALRC VIII as debtor and the Trustee as secured party will have been filed in certain states representing at least 85% of the Statistical Aggregate Contract Principal Balance.

  • For purposes of this paragraph only, (i) the Class B Principal Balance upon which interest will be deemed to accrue, and (ii) the average weighted life of the Class B Notes, shall be determined based upon the amortization of the Aggregate Contract Principal Balance remaining at such Payment Date at a rate of 6.0% conditional payment rate and no losses.


More Definitions of Aggregate Contract Principal Balance

Aggregate Contract Principal Balance equals $165,462,691 as of March 31, 2009.
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Aggregate Contract Principal Balance. As of any date of determination, the aggregate of the Contract Principal Balances of all Series 1998-1 contracts as of the immediate, preceding Calculation Date.
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Related to Aggregate Contract Principal Balance

  • Aggregate Principal Balance means, with respect to any date of determination, the sum of the Principal Balances for all Receivables (other than (i) any Receivable that became a Liquidated Receivable prior to the end of the related Collection Period and (ii) any Receivable that became a Purchased Receivable prior to the end of the related Collection Period) as of the date of determination.

  • Aggregate Certificate Principal Balance At any given time, the sum of the then current Class Principal Balances of the Certificates.

  • Aggregate Note Principal Balance With respect to the close of a Distribution Date, the sum of the Note Principal Balances for all classes of Notes.

  • Pool Principal Balance As to any Distribution Date, the aggregate of the Scheduled Principal Balances of the Mortgage Loans which were Outstanding Mortgage Loans on the Due Date in the month preceding the month of such Distribution Date.

  • Maximum VFN Principal Balance For any VFN Class, the amount specified in the related Indenture Supplement.