Common use of Required Allocation Clause in Contracts

Required Allocation. The "Required Allocation" of an Undivided Interest at any time means an amount determined as follows: RA=PI + DF + CR + SFR + DR where: RA=the Required Allocation of an Undivided Interest at any time; PI=the Purchaser's Investment of such Undivided Interest at such time, as determined pursuant to Section 2.03; DF=the Discount Factor of such Undivided Interest at such time, as determined pursuant to Part I of Appendix B; CR =the Credit Reserve of such Undivided Interest at such time, as determined pursuant to Part II of Appendix B; SFR=the Servicer's Fee Reserve of such Undivided Interest at such time, as determined pursuant to Part IV of Appendix B; and DR=the Dilution Reserve of such Undivided Interest at such time as determined pursuant to Part III of Appendix B. The "related" Undivided Interest with respect to any of the foregoing items shall mean the Undivided Interest as to which such item is calculated.

Required Allocation. The "Required Allocation" of an Undivided Interest at any time means an amount determined as follows: RA=RA = PI + DF + CR + SFR + DR where: RA=RA = the Required Allocation of an Undivided Interest at any time; PI=PI = the Purchaser's Investment of such Undivided Interest at such time, as determined pursuant to Section 2.03; DF=DF = the Discount Factor of such Undivided Interest at such time, as determined pursuant to Part I of Appendix B; CR == the Credit Reserve of such Undivided Interest at such time, as determined pursuant to Part II of Appendix B; SFR=SFR = the Servicer's Fee Reserve of such Undivided Interest at such time, as determined pursuant to Part IV of Appendix B; and DR=the Dilution Reserve of such Undivided Interest at such time as determined pursuant to Part III of Appendix B. The "related" Undivided Interest with respect to any of the foregoing items shall mean the Undivided Interest as to which such item is calculated.