Class B Allocable Amount definition

Class B Allocable Amount means, with respect to any Distribution Date, the sum of the Class B Investor Default Amount and the Class B Adjustment Amount.

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Examples of Class B Allocable Amount in a sentence

• Whenever funds or other amounts are available hereunder to fund the Class B Allocable Amount for any Distribution Date, such funds or other amounts shall be applied first to fund the Class B Default Amount for such Distribution Date and then to fund the Class B Adjustment Amount for such Distribution Date.