Unconcentrated Pool Balance

Example Definitions of "Unconcentrated Pool Balance"
Unconcentrated Pool Balance. Shall mean, as of the end of any Collection Period, the lesser of: (1) the Pool Balance at the end of such Collection Period, and (2)(a)(i) such Pool Balance minus (ii) the sum of the Principal Receivables in all Accounts of all Overconcentrated Dealers at the end of such Collection Period, divided by (b)(i) 100% minus (ii) the sum of (x) the product of (A) the number of Overconcentrated ... Dealers as to which the applicable Concentration Limit Percentage is 2.5% and (B) 2.5%, (y) the product of (A) the number of Overconcentrated Dealers as to which the applicable Concentration Limit Percentage is 2% and (B) 2%, and (z) the product of (A) the number of Overconcentrated Dealers as to which the applicable Concentration Limit Percentage is other than 2.5% or 2% and (B) in each case, such applicable Concentration Limit Percentage. View More Arrow
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