Required Series Pool Balance

Example Definitions of "Required Series Pool Balance"
Required Series Pool Balance. Shall mean, as of any date of determination, the sum of (a) the Fixed Base Invested Amount on such date and (b) the Subordinated Invested Amount on such date; except that for purposes of determining the Series 1999-1 Allocation Percentage with respect to the allocation of Principal Collections, during a Collection Period that commences after the termination of the Revolving Period, the Required... Series Pool Balance on such date of determination shall be equal to the Required Series Pool Balance calculated as of the first day of the last Collection Period to commence prior to the termination of the Revolving Period. View More Arrow
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