Excess Collateral Amount means, at any time, the excess of (a) the sum of (i) the Collateral Amount, and (ii) the Principal Accumulation Account Balance, over (b) the Note Principal Balance.
Excess Collateral Amount means, for any date of determination, the excess of (a) the sum of (i) the Collateral Amount as of such date of determination and (ii) the Principal Accumulation Account Balance as of such date of determination, over (b) the Note Principal Balance as of such date of determination.
Excess Collateral Amount means, when used with respect to any ------------------------ date of determination, an amount equal to (a) the Excess Collateral Initial Amount, minus (b) the aggregate amount of principal payments made to Excess ----- Collateral Holders prior to such day, minus (c) the aggregate amount of Excess ----- Collateral Charge-Offs for all prior Distribution Dates pursuant to subsection 4.12(c) of the Agreement, minus (d) the amount of the Reallocated Principal ----- Collections allocated on all prior Distribution Dates pursuant to Section 4.14 of the Agreement (but in the aggregate not in excess of the Excess Collateral Initial Amount), minus (e) an amount equal to the amount by which the Excess ----- Collateral Amount has been reduced on all prior Distribution Dates pursuant to subsections 4.12(a) and (b) of the Agreement and plus (f) the amount of Excess ---- Finance Charge Collections allocated and available on all prior Transfer Dates pursuant to subsection 4.13(i) of the Agreement, for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, -------- however, that the Excess Collateral Amount may not be reduced below zero. -------
Examples of Excess Collateral Amount in a sentence
Increase in Excess Collateral Amount in connection with the Supplemental Indenture0.00iii.
Change to Excess Collateral Amount in connection with the Supplemental0.00Indenture iii.
Initial Excess Collateral Amount (As of Payment Date)115,068,494.00e.
Initial Excess Collateral Amount (As of Payment Date)51,369,864.00f.
Increase in Excess Collateral Amount due to New Issuance / Additional draws0.00iv.
More Definitions of Excess Collateral Amount
Excess Collateral Amount shall have the meaning set forth in Section 4.2 hereof.
Excess Collateral Amount means, when used with respect to any Business Day, the greater of (x) zero and (y) an amount equal to (a) the Excess Collateral Initial Amount minus (b) the aggregate amount of principal payments made to the Excess Collateral Holder through and including such Business Day, minus (c) the aggregate amount of Excess Collateral Charge-Offs for all prior Distribution Dates, minus (d) the aggregate amount of Redirected Principal Collections for all prior Distribution Dates, plus (e) the sum of the aggregate amount reimbursed with respect to reductions of the Excess Collateral Amount through and including such Business Day pursuant to subsection 4.9(ix) of the Agreement plus, with respect to such subsection, pursuant to subsections 4.10(a) and (b), 4.14(a), 4.17(b) and 4.18(b), (c) and (d) of the Agreement, for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c) and (d).
Excess Collateral Amount means the amount, if any, that the value of the interest of the holders of Senior Secured Claims (or that of their predecessors-in-interest) in Collateral exceeds the aggregate amount of the Senior Secured Claims, in both cases as measured on the Petition Date.
Excess Collateral Amount aggregate amount of principal payments made to Excess Collateral Holders prior to such day, minus (c) the aggregate amount of Excess Collateral Charge-Offs for ----- all prior Distribution Dates pursuant to subsection 4.12(c) of the Agreement, minus (d) the amount of the Reallocated Principal Collections allocated on all ----- prior Distribution Dates pursuant to Section 4.14 of the Agreement (but in the aggregate not in excess of the Excess Collateral Initial Amount), minus (e) an ----- amount equal to the amount by which the Excess Collateral Amount has been reduced on all prior Distribution Dates pursuant to subsections 4.12(a) and (b) of the Agreement and plus (f) the amount of Excess Finance Charge Collections ---- allocated and available on all prior Transfer Dates pursuant to subsection 4.13(i) of the Agreement, for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the -------- ------- Excess Collateral Amount may not be reduced below zero.
Excess Collateral Amount has the meaning given to that expression in Clause 6.5. Expert has the meaning given to that expression in paragraph 3 of Schedule 3. Future Agreement shall have the meaning set forth in Clause 12.7.
Excess Collateral Amount shall have the meaning provided in Section 7.12(d).
Excess Collateral Amount means, when used with respect to any Business Day, the greater of (x) zero and (y) an amount equal to (a) the Excess Collateral Initial Amount less the Excess Collateral Percentage of the Initial Pre-Funded Amount plus the Excess Collateral Percentage of the amount of any withdrawals from the Pre-Funding Account (i) during the Funding Period in connection with the addition of receivables to the Trust or (ii) at the end of the Funding Period for deposit into the Principal Account, minus (b) the aggregate amount of principal payments (excluding principal payments made from the Pre-Funding Account) made to the Excess Collateral Holder through and including such Business Day, minus (c) the aggregate amount of Excess Collateral Charge-Offs for all prior Distribution Dates, minus (d) the aggregate amount of Redirected Principal Collections for all prior Distribution Dates, plus (e) the sum of the aggregate amount reimbursed with respect to reductions of the Excess Collateral Amount through and including such Business Day pursuant to subsection 4.9(a)(xi) of the Agreement plus, with respect to such subsection, pursuant to subsections 4.10(a) and (b), 4.20(b) and 4.21(b), (c) and (d) of the Agreement, for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c) and (d).