Class A-2 Note Pool Factor definition
Class A-2 Note Pool Factor means 1.0000000 as of the Closing Date and as of the close of business on any Distribution Date thereafter means a seven digit decimal figure equal to the Outstanding Principal Amount of the Class A-2 Notes as of such date (after giving effect to payments in reduction of the principal amount of the Class A-2 Notes on such date) divided by the original Outstanding Principal Amount of the Class A-2 Notes.
Class A-2 Note Pool Factor as of the close of business on a Quarterly Payment Date means a seven-digit decimal figure equal to the outstanding principal amount of the Class A-2 Notes divided by the original outstanding principal amount of the Class A-2 Notes. The Class A-2 Note Pool Factor will be 1.0000000 as of the Closing Date; thereafter, the Class A-2 Note Pool Factor will decline to reflect reductions in the outstanding principal balance of the Class A-2 Notes.
Class A-2 Note Pool Factor as of the close of business on a -------------------------- Distribution Date means a seven-digit decimal figure equal to the outstanding principal balance of the Class A-2 Notes divided by the original outstanding principal balance of the Class A-2 Notes. The Class A-2 Note Pool Factor will be 1.0000000 as of the Closing Date; thereafter the Class A-2 Note Pool Factor will decline to reflect reductions in the outstanding principal balance of the Class A-2 Notes.
More Definitions of Class A-2 Note Pool Factor
Class A-2 Note Pool Factor means as of the close of business on any Payment Date, a seven-digit decimal figure equal to the Class A-2 Note Balance divided by the Original Class A-2 Note Balance.
Class A-2 Note Pool Factor as computed prior to each Distribution Date means a seven-digit decimal figure equal to the outstanding principal balance of the Class A-2 Notes as of such Distribution Date divided by the original outstanding principal balance of the Class A-2 Notes. The Class A-2 Note Pool Factor will be 1.0000000 as of the Closing Date; thereafter the Class A-2 Note Pool Factor will decline to reflect reductions in the outstanding principal balance of the Class A-2 Notes.