Class D Invested Amount means, as of a date, an amount (not less than zero) equal to (a) the initial Note Balance of the Class D Notes, minus (b) the aggregate amount of any principal payments made to the Noteholders of the Class D Notes before that date, minus (c) the cumulative amount of unreimbursed Investor Charge-Offs applied to reduce the Class D Invested Amount under Section 4.3 of the Indenture Supplement before that date, minus (d) the cumulative amount of unreimbursed Reallocated Principal Collections applied to reduce the Class D Invested Amount under Section 4.4 of the Indenture Supplement before that date.
Class D Invested Amount means, as of any date, an amount (not less than zero) equal to (a) the initial Note Balance of the Class D Notes, minus (b) the aggregate amount of any principal payments made to the Noteholders of the Class D Notes before such date, minus (c) the cumulative amount of unreimbursed Investor Charge-Offs applied to reduce the Class D Invested Amount pursuant to Section 4.3 before such date, minus (d) the cumulative amount of unreimbursed Reallocated Principal Collections applied to reduce the Class D Invested Amount pursuant to Section 4.4 before such date.
Class D Invested Amount means an amount equal to (a) the initial principal balance of the Class D Certificates plus (b) the Class D Incremental Invested Amount for the related Monthly Period, plus (c) any Additional Class D Invested Amount, minus (d) the aggregate amount of principal payments made to Class D Certificateholders prior to such date, minus (e) the aggregate amount of Class D Investor Charge-Offs for all prior Determination Dates as described in the Agreement, minus (f) the aggregate amount of Reallocated Class D Principal Collections for all prior Distribution Dates, plus (g) the aggregate amount of Interest Collections and Excess Interest Collections applied on all prior Distribution Dates for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (e) and (f). Subject to the Agreement, payments of principal are limited to the unpaid Class D Invested Amount of the Class D Certificates, which may be less than the unpaid balance of the Class D Certificates pursuant to the terms of the Agreement. All principal of and interest on the Class D Certificates is due and payable no later than the Distribution Date in December 2001 (the "Series 1996-2 Termination Date"). After the Series Termination Date neither the Trust nor the Transferor will have any further obligation to distribute principal or interest on the Class D Certificates. In the event that the Class D Invested Amount is greater than zero on the Series Termination Date, the Trustee will sell or cause to be sold, to the extent necessary, an amount of interests in the Receivables or certain of the Receivables up to 110% of the Class A Invested Amount, the Class B Invested Amount, the Class C Invested Amount and the Class D Invested Amount at the close of business on such date (but not more than the total amount of Receivables allocable to the Investor Certificates), and shall pay the proceeds to the Class A Certificateholders pro rata in final payment of the Class A Certificates, then to the Class B Certificateholders pro rata in final payment of the Class B Certificates, then to the Class C Certificateholders pro rata in final payment of the Class C Certificates and finally to the Class D Certificateholders pro rata in final payment of the Class D Certificates. Unless the certificate of authentication hereon has been executed by or on behalf of the Trustee, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement, or be valid for any purpose.
Examples of Class D Invested Amount in a sentence
Each of the entire Class A Invested Amount, the entire Class B Invested Amount, the entire Class C Invested Amount, the entire Class D Invested Amount and the entire Class R Invested Amount shall be due and payable on the Series 2021-2 Final Distribution Date.
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More Definitions of Class D Invested Amount
Class D Invested Amount means, when used with respect to any date, an amount equal to (a) the Class D Initial Invested Amount minus (b) the amount of principal payments made to Class D Noteholders on or prior to such date.
Class D Invested Amount means with respect to any Business Day, an amount equal to (a) the initial principal balance of the Class D Securities, MINUS (b) the aggregate amount of principal payments made to Class D Securityholders through and including such Business Day, MINUS (c) the aggregate amount of Class D Charge-Offs for all prior Distribution Dates, equal to the amount by which the Class D Invested Amount has been reduced to fund the Series Default Amount and the unpaid Adjustment Payments on all prior Distribution Dates, MINUS (d) the aggregate amount of Redirected Principal Collections for all prior Distribution Dates, and plus (e) the aggregate amount of Finance Charge Collections, Transferor Finance Charge Collections, Excess Finance Charge Collections and certain other amounts applied on all prior Distribution Dates pursuant to subsection 4.9(a)(xii) of the Agreement and, with respect to such subsection, pursuant to subsections 4.10(a) and (b), 4.16(b) and 4.17(b), (c) and (d) of the Agreement, for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c) and (d); PROVIDED, HOWEVER, that the Class D Invested Amount may not be reduced below zero. Subject to the Agreement, payments of principal are limited to the unpaid Class D Invested Amount of the Class D Securities, which may be less than the unpaid balance of the Class D Securities pursuant to the terms of the Agreement. All principal on the Class D Securities is due and payable no later than the February 2005 Distribution Date (or if such day is not a Business Day, the next succeeding Business Day) (the "Scheduled Series 1998-1 Termination Date"). After the earlier to occur of (i) the Scheduled Series 1998-1 Termination Date or (ii) the day after the Distribution Date on which the Series 1998-1 Securities are paid in full (the "Series 1998-1 Termination Date") neither the Trust nor the Transferor will have any further obligation to distribute principal or interest on the Class D Securities. In the event that the Class D Invested Amount is greater than zero on the Series Termination Date, the Trustee will sell or cause to be sold, to the extent necessary, an amount of interests in the Receivables or certain of the Receivables up to 110% of the Class A Invested Amount, the Class B Invested Amount, the CTO Invested Amount and the Class D Invested Amount at the close of business on such date (but not more than the total amount of Receivables allocable to the Investors Securities), and shall pay ...
Class D Invested Amount means an amount equal to (a) the Class D Initial Invested Amount, plus (b) the Class D Incremental Invested Amount for the related Monthly Period, plus (c) any Additional Class D Invested Amount, minus (d) the aggregate amount of principal payments made to Class D Certificateholders prior to such date, minus (e) the aggregate amount of Class D Investor Charge-Offs for all prior Distribution Dates equal to the amount by which the Class D Invested Amount has been reduced to fund Investor Default Amounts on all prior Distribution Dates pursuant to Section 4.13(a), minus (f) the aggregate amount of Reallocated Class D Principal Collections for all prior Distribution Dates, plus (g) the aggregate amount allocated and available on all prior Business Days pursuant to subsection 4.9(a)(x) (including amounts applied pursuant to such subsection but funded pursuant to Section 4.10(a) and (b)) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (e) and plus (f).
Class D Invested Amount. As of any date, an amount equal to (a) the Class D Note Principal Balance as of such date, minus (b) the excess, if any, of (i) the cumulative amount of Reallocated Principal Collections allocable to the Class D Notes immediately before such date pursuant to Section 4.06 over (ii) the cumulative amount of reimbursements thereof pursuant to Section 4.09 before that date, but limited to an amount that would reduce the Class D Invested Amount to zero, minus (c) the excess, if any, of (i) the cumulative amount of Series Charge-Offs allocable to the Class D Notes immediately before such date pursuant to Section 4.05(b) over (ii) the cumulative amounts of reimbursements thereof pursuant to Section 4.09 before that date, but limited to an amount that would reduce the Class D Invested Amount to zero.
Class D Invested Amount means, as of any date, an amount equal ----------------------- to (a) the Class D Initial Invested Amount, minus (b) the aggregate amount of ----- principal payments made to the Class D Certificateholders prior to such date, minus (c) the aggregate amount of Class D Investor Charge Offs for all prior ----- Distribution Dates, minus (d) the amount of Class D Subordinated Principal ----- Collections allocated on all prior Distribution Dates pursuant to Section 4.9(a), (b) or (c), minus (e) an amount equal to the amount by which the Class D ----- Invested Amount has been reduced on all prior Distribution Dates pursuant to Section 4.7(a), (b) or (c), plus (f) the sum of the amount of Excess Spread and ---- Shared Excess Finance Charge Collections allocated and available on all prior Distribution Dates pursuant to Section 4.8(n) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e) and, without duplication, the aggregate amount of the reductions of the Series Adjustment Amounts allocated to the Class D Invested Amount prior to such date pursuant to Section 4.7(f); provided, however, that the Class D Invested Amount may not be -------- ------- reduced below zero.
Class D Invested Amount means, with respect to any date of determination, an amount equal to (a) the Class D Initial Invested Amount minus (b) the aggregate amount of principal payments made to the Class D Holder prior to such date, minus (c) the aggregate amount by which the Class D Invested Amount has been reduced in respect of the application of Reallocated Principal Collections on all prior Distribution Dates pursuant to Sections 4.05(b), (c) and (d), minus (d) the aggregate amount by which the Class D Invested Amount has been reduced on all prior Distribution Dates pursuant to Section 4.06, plus (e) the aggregate amount of Available Finance Charge Collections applied on all prior Distribution Dates pursuant to Section 4.05(a)(xv) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c) and (d); provided, however, that the Class D Invested Amount shall not be reduced below zero.
Class D Invested Amount means with respect to any Business Day, an amount equal to (a) the Class D Initial Invested Amount, minus (b) the aggregate amount of principal payments made to Class D Securityholders through and including such Business Day and reductions of the Class D Invested Amount pursuant to subsection 4.12(d), minus (c) the aggregate amount of Class D Charge-Offs for all prior Distribution Dates, minus (d) the aggregate amount of Redirected Principal Collections through and including such Business Day for which the Class D Invested Amount has been reduced pursuant to subsection 4.14(d) of the Agreement, plus (e) the aggregate amount reimbursed with respect to reductions of the Class D Invested Amount through and including such Business Day pursuant to subsection 4.9(a)(xii) of the Agreement plus, with respect to such subsection, amounts applied thereto pursuant to subsections 4.10(a) and (b) of the Agreement, for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c) and (d); provided, however, that the Class D Invested Amount may not be reduced below zero.