Deficiency Claim Amount definition

Deficiency Claim Amount has the meaning set forth in Section 5.5(a).

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Deficiency Claim Amount means with respect to any Determination Date, after taking into account the application on the related Distribution Date of the Available Funds for the related Collection Period, an amount equal to the sum of, without duplication, (i) any shortfall in the payment of the full amounts described in clauses (i),(ii), (iii) and (v) of Section 5.7(b) herein, (ii) the Noteholders' Parity Deficit Amount, if any, for such Distribution Date and (iii) if the related Distribution Date is the Final Scheduled Distribution Date of any class, any remaining outstanding principal balance of such class, to the extent that such amount is available on the related Insured Distribution Date in accordance with the terms of the Spread Account Agreement.

Deficiency Claim Amount. As defined in Section 5.2(a).

Examples of Deficiency Claim Amount in a sentence

• Such Deficiency Notice shall direct the Collateral Agent to remit such Deficiency Claim Amount (to the extent of the funds available to be distributed pursuant to the Spread Account Agreement) to the Trust Collateral Agent for deposit in the Collection Account on the related Distribution Date.

• Such Deficiency Notice shall direct the Collateral Agent to remit such Deficiency Claim Amount (to the extent of the funds available to be distributed pursuant to the Spread Account Agreement) to the Trust Collateral Agent for deposit in the Collection Account on the related Insured Distribution Date.

• Such Deficiency Notice shall direct the Collateral Agent to remit such Deficiency Claim Amount (to the extent of the funds available to be distributed pursuant to the Spread Account Agreement) to the Indenture Trustee for deposit in the Collection Account.

• Such Deficiency Notice shall direct the Collateral Agent to remit such Deficiency Claim Amount (to the extent of the funds available to be distributed pursuant to the Spread Account Agreement) to the Trust Collateral Agent for deposit in the Collection Account.

• Such Deficiency Notice shall direct the Indenture Trustee to remit such Deficiency Claim Amount (to the extent of funds then on deposit in the Spread Account) (i) with respect to any Certificate Deficiency Claim Amount, to the Owner Trustee for deposit in the Certificate Distribution Account and (ii) with respect to any Note Deficiency Claim Amount, to the Indenture Trustee for deposit in the Note Distribution Account.

More Definitions of Deficiency Claim Amount

Deficiency Claim Amount with respect to any Distribution Date shall equal the excess, if any, of

Deficiency Claim Amount shall have the meaning set forth in Section 5.4 of the Agreement.

Deficiency Claim Amount has the meaning set forth in Section 5.1(b) of the Loan Agreement.

Deficiency Claim Amount shall have the meaning specified in Section 4.7(a).

Deficiency Claim Amount. Shall have the meaning set forth in Section 6.3(a).

Deficiency Claim Amount has the meaning assigned to such term in Section 12.02(f) of this Loan Agreement.

Deficiency Claim Amount means, with respect to any Determination Date, after taking into account the application on the related Distribution Date of the Available Funds for the related Collection Period and any withdrawals from the Swap Termination Account, if any, an amount equal to the sum of, without duplication (i) any shortfall in the payment of the full amounts described in clauses (i), (ii), (iii), (iv) and (vi) of Section 5.7(a) herein, (ii) the Noteholders’ Parity Deficit Amount, if any, for such Distribution Date and (iii) if the related Distribution Date is the Final Scheduled Distribution Date of any Class, any remaining outstanding principal balance of such Class, to the extent that such amount is available on the related Distribution Date in accordance with the terms of the Spread Account Agreement.