Class B Fixed Allocation definition

Class B Fixed Allocation means, with respect to any Monthly Period following the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class B Investor Interest as of the close of business on the last day of the Revolving Period and the denominator of which is equal to the Investor Interest as of the close of business on the last day of the Revolving Period.
Class B Fixed Allocation means, with respect to any Monthly Period following the Revolving Period, the percentage
Class B Fixed Allocation means, with respect to any

Examples of Class B Fixed Allocation in a sentence

  • The Class B Fixed Allocation with respect to the related Monthly Period.................

  • The Class B Fixed Allocation with respect to the related Monthly Period................

  • The Class B Fixed Allocation with respect to the related Monthly Period.

  • The Class B Fixed Allocation with respect to the related Monthly Period .

  • The Class B Fixed Allocation with respect to the related Monthly Period..................................


More Definitions of Class B Fixed Allocation

Class B Fixed Allocation means, with respect to any Monthly Period following the Revolving Period, the percentage equivalent of a fraction, the numerator of which is the Class B Investor Interest as of the close of business on the last day of the Revolving Period and the denominator of which is equal to the Investor Interest as of the close of business on the last day of the Revolving Period;
Class B Fixed Allocation means, with respect to any monthly period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction:
Class B Fixed Allocation means, for any Monthly Period following the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class B Investor Interest as of the close of business on the last day of the Revolving Period and the denominator of which is equal to the numerator used in determining the related Fixed Investor Percentage; provided that if Series 1997-1 is paired with a Paired Series and a Pay Out Event occurs with respect to such Paired Series during the Controlled Accumulation Period, Transferor may, by written notice delivered to Trustee and Servicer, designate a different numerator (provided that such numerator is not less than the Class B Investor Interest (less, if the Class A Fixed Allocation is zero, the balance on deposit in the Principal Account and the Principal Funding Account, in each case to the extent not subtracted in reducing the Class A Fixed Allocation to zero) as of the last day of the revolving period for such Paired Series).
Class B Fixed Allocation means, with respect to any Monthly Period following the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator
Class B Fixed Allocation means, with respect to any Monthly Period following the Revolving
Class B Fixed Allocation means, with respect to
Class B Fixed Allocation means, with respect to any Due Period other than a Due Period relating to the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class B Investor Interest as of the close of business on the last day of the Revolving Period ending prior to such Due Period; 7 provided, however, that if Series 1997-1 is paired with a Paired Series and an Early Amortization Event occurs with respect to such Paired Series during the Accumulation Period, the Seller may, by written notice delivered to the Trustee, the Servicer, Moodx'x xxx Standard & Poor's, designate a different numerator (provided that such numerator is not less than the Class B Investor Interest as of the last day of the revolving period for such Paired Series), and the denominator of which is equal to the numerator used to determine the Principal Allocation Percentage with respect to such Due Period.