Guaranteed Payment for each Class of Notes and any Payment Date means the sum of (i) the related Guaranteed Principal Payment Amount plus (ii) the related Aggregate Investor Interest for that Payment Date.
Guaranteed Payment means, for each Lease that is a TRAC Lease included in the Series 2014-1 SUBI, the amount fixed by the related Obligor and the Titling Trust, at the inception of such Lease to be owed by the related Obligor to the lessor at the expiration of the term of such Lease.
Guaranteed Payment for any Payment Date means the sum of (i) the Guaranteed Principal Payment Amount plus (ii) the amount to be distributed to the Holders of the Notes pursuant to Section 8.03(a)(ii) for the Payment Date. "Guaranteed Principal Payment Amount" o for the Notes o on their Scheduled Maturity Date, o means the excess of the outstanding Note Principal Balance (after giving effect to Interest Collections allocable and distributable as principal on the Notes on the Payment Date) over the sum of the amounts on deposit in the Collection Account available to be distributed to the Holders pursuant to Section 8.03(b); o on any Payment Date on or before the Available Transferor Subordinated Amount first increases to zero, o means, if the Available Transferor Subordinated Amount for that Payment Date is less than the highest Available Transferor Subordinated Amount for any preceding Payment Date, is the amount of the excess of the highest Available Transferor Subordinated Amount for any preceding Payment Date over the Available Transferor Subordinated Amount for the current Payment Date; o on any Payment Date after the Available Transferor Subordinated Amount has first increased to zero, o means, if the Available Transferor Subordinated Amount has been reduced to zero or below, the excess of the Note Principal Balance (after giving effect to the distributions of Interest Collections and Principal Collections that are allocable to principal on the Notes on the Payment Date) over the Loan Balance (at the end of the related Collection Period); and o for the Notes on any other Payment Date means zero.
Examples of Guaranteed Payment in a sentence
Assessed penalties will be deducted from the Guaranteed Payment for Availability.
Payment for the Guaranteed Payment Beds included in the Contract will be reconciled at the end of each quarter.
No changes shall be made to the manual without authorization from the Sheriff or the authorized designee.Each member shall acknowledge that he/she has been provided access to and has had the opportunity to review the Policy Manual and Interim Directives.
The Limited Partners shall receive a guaranteed payment from the Earnings of the Partnership during the Guaranteed Payment Period.
To the extent the interest rate to be paid is in excess of the Partnership's Earnings, the Guaranteed Payment for Offering Period shall be payable by the General Partners out of a Capital Contribution, to the Partnership and/or fees payable to the General Partners or Redwood Mortgage which are lowered or waived.
More Definitions of Guaranteed Payment
Guaranteed Payment means the amount required to be paid to the Trustee pursuant to the Credit Facility, provided that so long as the Credit Enhancement Agreement is the Credit Facility, “Guaranteed Payment” will have the meaning given to that term in the Credit Enhancement Agreement.
Guaranteed Payment means, with respect to any Payment Date and each Class of Notes, the sum of the related Guaranteed Principal Payment Amount and the related Aggregate Investor Interest.
Guaranteed Payment has the meaning given to it in the Adoption Annex.
Guaranteed Payment shall have the meaning set forth in the Credit Enhancement Agreement.
Guaranteed Payment means, for each Lease, the amount fixed by the related Obligor and the Titling Trust, at the inception of such Lease to be owed by the related Obligor to the lessor at the expiration of the term of such Lease.
Guaranteed Payment for any Payment Date means the sum of the amounts set forth in clauses (x) and (y) of the definition of "Credit Enhancement Draw Amount."
Guaranteed Payment with respect to any Program Vehicle subject to a guarantee by the Manufacturer thereof regarding the Vehicle’s rate of depreciation, means a payment (which may include allowances, credits and/or charges under the applicable Vehicle Disposition Program) from such Manufacturer pursuant to such Manufacturer’s Vehicle Disposition Program, upon disposition of such Master Collateral Vehicle by the owner thereof in accordance with applicable Auction Procedures.