Sample Pool definition

Sample Pool means, with respect to Financed Properties in any calendar month, such Financed Properties where the Scheduled Renovation Work was most recently completed and that are identified in a report delivered by the Borrower Representative to the Administrative Agent and the Diligence Agent on the fifteenth (15th) day and the last day of such calendar month (and, if any such date is not a Business Day, on the immediately succeeding Business Day); provided that (x) any such report shall include each Financed Property where the Scheduled Renovation Work was completed since the date of the immediately preceding report and (y) no Financed Property shall be included in more than one report or more than one Sample Pool.
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Examples of Sample Pool in a sentence

  • If any such sample shows that any of such sampled Financed Properties are not then in compliance with the Renovation Standards, the Administrative Agent or the Majority Lenders may cause the Diligence Agent to subsequently inspect all or a larger sample of the Financed Properties in the Sample Pool to confirm compliance for such Financed Properties with the Renovation Standards.

  • If the Diligence Agent is not able to access any such Financed Property selected for inspection, the Administrative Agent shall select other Financed Properties to be inspected, such that such sample is comprised of up to 10% of the related Sample Pool (such sample, the “Selected Financed Property Sample”).

  • The Administrative Agent or the Majority Lenders shall cause the Diligence Agent to inspect a sample of up to ten percent (10%) by number of each Sample Pool for purposes of verifying compliance with the Renovation Standards, such sample to be selected by the Diligence Agent.

  • If any such sample shows that any of such sampled Financed Properties are not then in compliance with the Renovation Standards in all material respects, the Administrative Agent or the Majority Lenders may cause the Diligence Agent to subsequently inspect all or a larger sample of the Financed Properties included in the Sample Pool in respect of such Selected Financed Property Sample to confirm compliance for such Financed Properties with the Renovation Standards in all material respects.

  • Range of Original Combined LTV Ratios (%) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- % of Mortgage Pool by Aggregate Aggregate Sample Pool Sample Pool Avg.

  • Range of Debt Ratio --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- % of Mortgage Pool by Aggregate Aggregate Sample Pool Sample Pool Avg.

  • Where documents were not available in accordance with the Issuer’s documentation retention policy, we confirmed whether the completion date shown on the Sample Pool agreed to the System.

  • For each loan in the Sample Pool, we confirmed whether the property occupancy status shown on the System agreed to the latest mortgage offer letter or application form.

  • For each loan in the Sample Pool, we confirmed whether the revisionary date shown on the System agreed with the latest mortgage offer letter.

  • Where documents were not available in accordance with the Issuer’s documentation retention policy, we confirmed whether the loan maturity date shown on the Sample Pool agreed to the System.

Related to Sample Pool

  • Basket Componenti means the respective share as specified in § 1 of the Product and Underlying Data. "Calculation Agent" means the Calculation Agent as specified in § 2 (2) of the General Conditions.

  • Basket Component means each of the SPDR S&P 500 ETF Trust, iShares Russell 2000 Index Fund, iShares MSCI EAFE Index Fund, and iShares MSCI Emerging Markets Index Fund.

  • Performance of the Basket Componenti (k) means the Performance of the Basket Componenti on the respective Observation Date (k) according to the following formula:

  • Product Group or “the Group” means a group of lotteries that has joined together to offer a product pursuant to the terms of the Multi-State Lottery Agreement and the Product Group’s own rules.

  • Performance of the Basket Componenti (final) means the Performance of the Basket Componenti on the Final Observation Date according to the following formula: