Required Principal Balance

Example Definitions of "Required Principal Balance"
Required Principal Balance. Required Principal Balance means, as of any date of determination, the sum of (a) the sum of the numerators used at such date to calculate the Allocation Percentages with respect to Principal Collections for all Series outstanding on such date, plus (b) the Product Line Overconcentration for the accounts receivable and asset based lending receivables Product Line that is used for purposes of making allocations for the Monthly Period in which such Determination Date falls.
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