Aggregate Net Losses definition
Aggregate Net Losses means, with respect to a Collection Period, an amount equal to the aggregate Principal Balance of all Receivables that became Defaulted Receivables during such Collection Period minus all Net Liquidation Proceeds collected during such Collection Period with respect to all Defaulted Receivables.
Aggregate Net Losses means, for any Payment Date, the amount equal to (i) the aggregate Principal Balance of all Receivables that became Defaulted Receivables during the related Collection Period minus (ii) the Liquidation Proceeds allocable to principal collected during such Collection Period with respect to any Defaulted Receivables.
Aggregate Net Losses means with respect to a Due Period, the aggregate principal balance of all Mortgage Loans newly designated during such Due Period as Liquidated Mortgage Loans minus Liquidation Proceeds collected during such Due Period with respect to all Liquidated Mortgage Loans.
Examples of Aggregate Net Losses in a sentence
ACTIVITY ----------------------------------------------- (A) Liquidated Contracts (i) Liquidation Proceeds $0.00 (ii) Recoveries on Previously Liquidated Contracts 0.00 (B) Aggregate Net Losses for Collection Period 0.00 (C) Net Loss Rate for Collection Period (annualized) 0.00% (D) Cumulative Net Losses for all Periods 0.00 (E) Delinquent Receivables # Units Dollar Amount --------- ------------- (i) 30-59 Days Delinquent 0 0.00% $0.00 0.00% (ii) 60-89 Days Delinquent 0 0.00% $0.00 0.00% Exh.
More Definitions of Aggregate Net Losses
Aggregate Net Losses means, for any Collection Period, the aggregate amount allocable to principal of all Receivables newly designated during such Collection Period as Defaulted Receivables minus all Liquidation Proceeds to the extent allocable to principal collected during such Collection Period with respect to all Defaulted Receivables (whether or not newly designated as such).
Aggregate Net Losses means, with respect to a Collection Period, an amount equal to the aggregate Discounted Principal Balances of all 1998-B Contracts that became Charged-off Contracts during such Collection Period minus the sum of (i) Net Liquidation Proceeds collected during such Collection Period with respect to all Charged-off Contracts and (ii) the portion of amounts subsequently received in respect of Charged-off Contracts designated as such in prior Collection Periods.
Aggregate Net Losses means, with respect to a Collection Period, an amount equal to the aggregate Discounted Principal Balances of all 1998-A Leases that became Charged-off Leases during such Collection Period minus all Net Repossessed Vehicle Proceeds and other Net Liquidation Proceeds collected during such Collection Period with respect to Charged-off Leases.