Reference Pool definition
Examples of Reference Pool in a sentence
The performance of the Reference Pool during the period commencing at the end of the final Reporting Period and continuing until the Termination Date shall be disregarded under this Agreement for purposes of calculating the final payment obligations.
With respect to each Payment Date, a percentage equal to (i) the Principal Loss Amount for such Payment Date and all prior Payment Dates less the Principal Recovery Amount for such Payment Date and all prior Payment Dates; divided by (ii) the aggregate unpaid principal balance of the Reference Obligations in the Reference Pool as of the Cut-off Date.
Reference Pool as a result of the determination of a Minor Servicing Defect, and any such Reference Obligations will remain eligible to become subject to an Underwriting Defect or Major Servicing Defect.
In addition, the Issuer shall provide to the Global Agent, on or within two Business Days of the Closing Date, the Issuance Reference Pool File and the P&I Constant File, which shall be in similar format to Exhibits F and G, respectively, as of the Closing Date.
The Issuer shall provide to the Global Agent no later than the eighth (8th) Business Day in a month the Monthly Reference Pool File and Monthly P&I Constant File for such month, which shall be substantially in the form of Exhibits F and G hereto.