Class E Invested Amount definition

Class E Invested Amount. As of any date, an amount equal to (a) the Class E Note Principal Balance as of such date, minus (b) the cumulative amount of unreimbursed Reallocated Principal Collections allocable to the Class E Note immediately before such date, but limited to an amount that would reduce the Class E Invested Amount to zero, minus (c) the cumulative amount of unreimbursed Investor Charge-Offs allocable to the Class E Note immediately before such date, but limited to an amount that would reduce the Class E Invested Amount to zero.
View Source
Class E Invested Amount means, as of any date of determination, an amount equal to (a) the Class E Initial Invested Amount minus (b) the amount of principal payments made to the Class E Noteholders on or prior to such date.
View Source
Class E Invested Amount. With respect to the Closing Date, $174,496,879, and
View Source

Examples of Class E Invested Amount in a sentence

  • If such reduction would cause the Class E Invested Amount to be a negative number, the Class E Invested Amount will be reduced to zero, and the Class D Invested Amount will be reduced by the amount by which the Class E Invested Amount would have been reduced below zero, but shall not be reduced below zero itself.

  • If such reduction would cause the Class E Invested Amount to be a negative number, the Class E Invested Amount shall be reduced to zero, and the Class D Invested Amount shall be reduced by the amount by which the Class E Invested Amount would have been reduced below zero, but shall not be reduced below zero itself.

  • If on any Transfer Date, the Class A Reduction Amount for the prior Monthly Period exceeds the sum of the amounts allocated with respect thereto pursuant to Sections 4.8(a)(iv) and 4.10 with respect to such Monthly Period, the Class E Invested Amount will be reduced by the amount of such excess, but not below zero, on such Transfer Date.

  • If on any Transfer Date, the Class E Reduction Amount for the prior Monthly Period exceeds the sum of the amounts allocated with respect thereto pursuant to Sections 4.8(a)(xv) and 4.10 with respect to such Monthly Period, the Class E Invested Amount will be reduced by the amount of such excess, but not below zero, on such Transfer Date.

  • If on any Transfer Date, the Class C Reduction Amount for the prior Monthly Period exceeds the sum of the amounts allocated with respect thereto pursuant to Sections 4.8(a)(ix) and 4.10 with respect to such Monthly Period, the Class E Invested Amount will be reduced by the amount of such excess, but not below zero, on such Transfer Date.

  • On the Class E Principal Payment Commencement Date, after the payment of any principal amounts to the Class D Certificates on such day, and on each Distribution Date thereafter until the Class E Invested Amount is paid in full, the Paying Agent shall pay in accordance with Section 5.1 to the Class E Certificateholders from the Distribution Account such amount deposited into the Distribution Account on the related Transfer Date.

  • If on any Transfer Date, the Class D Reduction Amount for the prior Monthly Period exceeds the sum of the amounts allocated with respect thereto pursuant to Sections 4.8(a)(xii) and 4.10 with respect to such Monthly Period, the Class E Invested Amount will be reduced by the amount of such excess, but not below zero, on such Transfer Date.

  • If on any Transfer Date, the Class B Reduction Amount for the prior Monthly Period exceeds the sum of the amounts allocated with respect thereto pursuant to Sections 4.8(a)(vi) and 4.10 with respect to such Monthly Period, the Class E Invested Amount will be reduced by the amount of such excess, but not below zero, on such Transfer Date.


More Definitions of Class E Invested Amount

Class E Invested Amount means, for any Business Day, an amount equal to (a) the Class E Initial Invested Amount, plus (b) the initial principal amount of any Additional Class E Invested Amounts issued through the end of the preceding Business Day pursuant to Section 6.15, minus (c) the aggregate amount of principal payments made to Class E Certificateholders prior to such Business Day, minus (d) the aggregate amount of Class E Investor Charge-Offs for all prior Business Days and plus (e) the aggregate amount allocated with respect to Class E Investor Charge-Offs and available on all prior Business Days pursuant to subsection 4.8(a)(xvi), for the purpose of reinstating amounts reduced pursuant to the foregoing clause (d).
View Source
Class E Invested Amount. With respect to the Closing Date, $[•], and
View Source

Related to Class E Invested Amount

  • Class B Invested Amount means, on any date of determination, an amount equal to (a) the Class B Initial Invested Amount, minus (b) the aggregate amount of principal payments made to the Class B Certificateholders prior to such date, minus (c) the aggregate amount of Class B Investor Charge-Offs for all prior Distribution Dates, minus (d) the amount of Reallocated Principal Collections allocated on all prior Distribution Dates pursuant to subsection 4.08(a) (excluding any Reallocated Principal Collections that have resulted in a reduction in the Collateral Invested Amount pursuant to Section 4.08), minus (e) an amount equal to the amount by which the Class B Invested Amount has been reduced on all prior Distribution Dates pursuant to subsection 4.06(a) and plus (f) the amount of Excess Spread and Excess Finance Charge Collections allocated and available on all prior Distribution Dates pursuant to subsection 4.07(e) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Class B Invested Amount may not be reduced below zero.

  • Class Invested Amount means, with respect to any Class for any Distribution Date, an amount equal to the Class Initial Investor Interest minus the sum of (a) the aggregate amount of payments of Certificate Principal paid to such Class of Investor Certificateholders, in each case prior to such Distribution Date, (b) the aggregate amount of Investor Losses of such Class not reimbursed prior to such Distribution Date and (c) the aggregate amount of losses of principal on investments of funds on deposit for the benefit of such Class in the Series Principal Funding Account, if applicable.

  • Invested Amount means, as of any date of determination, an amount equal to the sum of (a) the Class A Invested Amount as of such date, (b) the Class B Invested Amount as of such date and (c) the Collateral Invested Amount as of such date.

  • 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 A Invested Amount means, on any date of determination, an amount equal to (a) the Class A Initial Invested Amount, minus (b) the aggregate amount of principal payments made to the Class A Certificateholders on or prior to such date, minus (c) the excess, if any, of (i) the aggregate amount of Class A Investor Charge-Offs for all prior Distribution Dates over (ii) Class A Investor Charge-Offs reimbursed pursuant to subsection 4.07(b) prior to such date.