Class A Investor Default Amount definition

Class A Investor Default Amount means, with respect to each Distribution Date, an amount equal to the product of (i) the Investor Default Amount for such Distribution Date and (ii) the Class A Floating Percentage for such Monthly Period.

Class A Investor Default Amount means, with respect to each Transfer Date, an amount equal to the product of (a) the Aggregate Investor Default Amount for the related Monthly Period and (b) the Class A Floating Allocation applicable for the related Monthly Period.

Class A Investor Default Amount means, with respect to each ------------------------------- Distribution Date and each Receivable in an Account which became a Defaulted Account during the related Monthly Period, an amount equal to the product of the aggregate Default Amount for the related Monthly Period and the applicable Class A Investor Percentage for the related Monthly Period.

Examples of Class A Investor Default Amount in a sentence

• In the event that such reduction would cause the Class B Investor Interest to be a negative number, the Class B Investor Interest will be reduced to zero, and the Class A Investor Interest will be reduced by the amount by which the Class B Investor Interest would have been reduced below zero, but not by more than the Class A Investor Default Amount for such Transfer Date (a "Class A Investor Charge-Off").

• On or before each Transfer Date, the Servicer shall calculate the Class A Investor Default Amount.

• On each Determination Date, the Servicer shall calculate the Class A Investor Default Amount, if any, for the related Distribution Date.

• If Reallocated Principal Collections with respect to the related Monthly Period, together with Excess Spread, are insufficient to fund the remaining Class A Required Amount for such related Monthly Period, then the Collateral Interest Amount (after giving effect to reductions for any Collateral Charge-Offs and Reallocated Principal Collections on such Transfer Date) will be reduced by the amount of such excess (but not by more than the Class A Investor Default Amount for such Monthly Period).

• Investor Default Amount (a) The Aggregate Investor Default Amount for the related Monthly Period $2,377,178.10 (b) The Class A Investor Default Amount for the related Monthly Period $2,068,144.86 (c) The Class B Investor Default Amount for the related Monthly Period $106,973.06 (d) The Collateral Default Amount for the related Monthly Period $202,060.18 5.

More Definitions of Class A Investor Default Amount

Class A Investor Default Amount means, with respect

Class A Investor Default Amount means, with respect to each Transfer Date, an amount equal to the product of (a) the Aggregate Investor Default Amount for the related Monthly Period and (b) the Class A Floating Allocation applicable for the related Monthly Period;

Class A Investor Default Amount means, as to each Transfer Date, an amount equal to the product of (a) the Aggregate Investor Default Amount for the related Monthly Period and (b) the Class A Floating Allocation applicable for the related Monthly Period.

Class A Investor Default Amount means, with respect to each Distribution Date, an amount equal to the product of (i) the Default Amount for the related Monthly Period and (ii) the applicable Class A Investor Percentage for such Monthly Period. "Class A Investor Percentage" shall be calculated by substituting the Class A Adjusted Investor Amount and the Class A Initial Investor Amount in all references to the Adjusted Investor Amount and the Initial Investor Amount, respectively, in the definition of Investor Percentage.

Class A Investor Default Amount means, as to each Transfer Date, an amount equal to the sum for all days during the related Monthly Period of the product of (a) the Investor Default Amount for such day and (b) the Class A Floating Allocation Percentage applicable on such day.

Class A Investor Default Amount means, with respect to each Transfer Date, an amount equal to the product of (a) the Aggregate Investor Default Amount for the related Monthly Period and (b) the Class A Floating Allocation applicable for such Transfer Date.

Class A Investor Default Amount means, (i) with respect to the ------------------------------- period from and including the Closing Date through and including April 30, 1998, an amount equal to the Class A Investor Default Amount (calculated pursuant to clause (ii) of this definition) for the full April 1998 Monthly Period, multiplied by [___/30], and (ii) with respect to each Monthly Period thereafter, an amount equal to the product of (a) the Investor Default Amount for such Monthly Period and (b) the Class A Floating Allocation for such Monthly Period.