Common use of Coverage of Required Amount Clause in Contracts

Coverage of Required Amount. (a) On or before each Transfer Date, the Servicer shall determine the amount (the "Class A Required Amount"), if any, by which the sum of (i) the Class A Unpaid Trustee Fee, if any, for such Transfer Date, (ii) the Class A Monthly Interest for such Transfer Date, (iii) the Class A Deficiency Amount, if any, for such Transfer Date, (iv) the Class A Additional Interest, if any, for such Transfer Date, (v) the Class A Servicing Fee for the prior Monthly Period, (vi) the Class A Servicing Fee, if any, due but not paid on any prior Transfer Date and (vii) the Class A Investor Default Amount, if any, for such Transfer Date, exceeds the Class A Available Funds deposited or available to be deposited for the related Monthly Period.

Coverage of Required Amount. (a) On or before each Transfer Date, the Servicer shall determine the amount (the "Class CLASS A Required AmountREQUIRED AMOUNT"), if any, by which the sum of (i) the Class A Unpaid Trustee Fee, if any, for such Transfer Date, (ii) the Class A Monthly Interest for such Transfer Date, (iii) the Class A Deficiency Amount, if any, for such Transfer Date, (iv) the Class A Additional Interest, if any, for such Transfer Date, (v) the Class A Servicing Fee for the prior Monthly Period, (vi) the Class A Servicing Fee, if any, due but not paid on any prior Transfer Date and (vii) the Class A Investor Default Amount, if any, for such Transfer Date, exceeds the Class A Available Funds deposited or available to be deposited for the related Monthly Period.

Coverage of Required Amount. (a) On or before each Transfer Date, the Servicer shall determine the amount (the "Class A Required Amount"), if any, by which the sum of (i) the Class A Unpaid Trustee Fee, if any, Monthly Interest and any Class A Net Swap Payment for such Transfer Date, plus (ii) the Class A Monthly Interest for such Transfer Date, (iii) the Class A Deficiency Amount, if any, for such Transfer Date, plus (iviii) the Class A Additional Interest, if any, for such Transfer Date, plus (viv) the Class A Servicing Fee for the prior Monthly Period, Period plus (viv) the Class A Servicing Fee, if any, due but not paid on any prior Transfer Date and Date, plus (viivi) the Class A Investor Default Amount, if any, for such Transfer Date, plus (vii) the Class A Uncovered Dilution Amount for the related Monthly Period, exceeds the Class A Available Funds deposited or available to be deposited for the related Monthly Period.

Coverage of Required Amount. (a) On or before each Transfer Date, the Servicer shall determine the amount (the "“Class A Required Amount"”), if any, by which the sum of (i) the Class A Unpaid Trustee Fee, if any, for such Transfer Date, (ii) the Class A Monthly Interest for such Transfer Date, (iii) the Class A Deficiency Amount, if any, for such Transfer Date, (iv) the Class A Additional Interest, if any, for such Transfer Date, (v) the Class A Servicing Fee for the prior Monthly Period, (vi) the Class A Servicing Fee, if any, due but not paid on any prior Transfer Date and (vii) the Class A Investor Default Amount, if any, for such Transfer Date, exceeds the Class A Available Funds deposited or available to be deposited for the related Monthly Period.