Class M Required Amount means, for any Distribution Date, an amount equal to the excess of the amounts described in subsection 4.4(a)(ii) over the amount of Available Finance Charge Collections applied to pay such amount pursuant to Section 4.4(a).
Class M Required Amount means, for any Distribution Date, an amount equal to the excess of the amount described in subsection 4.4(a)(ii) over the sum of (a) Available Finance Charge Collections applied to pay such amount pursuant to subsection 4.4(a) and (b) any amount withdrawn from the Cash Collateral Account and applied to pay such amount pursuant to subsection 4.11(c).
Class M Required Amount means, for any Distribution Date, an amount equal to the excess of the amount described in clause 5.4(a)(iv), over the sum of (a) Available Finance Charge Collections applied to pay such amount pursuant to subsection 5.4(a) and (b) any amount withdrawn from the Cash Collateral Account and applied to pay such amount pursuant to subsection 5.10(c).
More Definitions of Class M Required Amount
Class M Required Amount is defined in Section 4.10(c).
Class M Required Amount shall have the meaning specified in subsection 4.8(b).
Class M Required Amount means, for any Distribution Date, an amount equal to the excess of the amount described in subsection 4.4(a)(ii) over the sum of (a) Available Finance Charge Collections applied to pay such amount pursuant to subsection 4.4(a) and (b) any amount withdrawn from the Cash CollateralAccount and applied to pay such amount pursuant to subsection 4.11(c). “Closing Date” means April 14, 2009.
Class M Required Amount means, for any Distribution Date, an amount equal to the excess of the amount described in Section 6.4(a)(iii) over the Available Finance Charge Collections applied to pay such amount pursuant to Section 6.4(a).
Class M Required Amount means the amount determined by the Servicer on each Business Day equal to the excess, if any, of (x) the sum of (i) the Class M Monthly Interest for the Interest Accrual Period beginning in the then current Monthly Period, (ii) any Carryover Class M Interest, (iii) the Class M Percentage of the Servicing Fee for the then current Monthly Period, (iv) the Class M Floating Percentage of the Default Amount, if any, for such Business Day and, to the extent not previously paid, for any previous Business Day in such Monthly Period, (v) the Class M Floating Percentage of the Series 2004-2 Percentage of the Adjustment Payment the Transferor is required but fails to make pursuant to subsection 3.8(a) of the Agreement on such Business Day and on each previous Business Day during such Monthly Period and (vi) the unreimbursed amount by which the Class M Invested Amount has been reduced on prior Business Days pursuant to clauses (c) and (d) of the definition of Class M Invested Amount over (y) the Available Series 2004-2 Finance Charge Collections plus any Excess Finance Charge Collections from other Series and any Transferor Finance Charge Collections allocated with respect to the amounts described in clauses (x)(i) through (vi) above with respect to such Business Days and all previous Business Days in such Monthly Period.