Incremental Subordinated Amount definition

Incremental Subordinated Amount means, for any Determination Date, the product of:
Incremental Subordinated Amount means, with respect to any Determination Date, the result obtained by multiplying (a) a fraction, the numerator of which is the sum of (i) (A) the Invested Amount on the last day of the immediately preceding Collection Period or (B) with respect to the first Determination Date, the Invested Amount on the Closing Date and (ii) (A) the Available Subordinated Amount for such Determination Date (calculated without adding the Incremental Subordinated Amount for such Distribution Date as described in clause (c) of the definition thereof) or (B) with respect to the first Determination Date, the product of the Invested Amount on the Closing Date and the Subordinated Percentage and the denominator of which is the Pool Balance on such last day by (b) the Trust Incremental Subordinated Amount.
Incremental Subordinated Amount means, for any day, the product of (i) a fraction, the numerator of which is the sum of the Target Invested Amount and the Target Available Subordinated Amount and the denominator of which is the greater of (a) the Pool Balance and (b) the sum of the amounts calculated as the numerator above for all outstanding series, in each case, on the most recent Reset Date and (ii) the Trust Incremental Subordinated Amount as of such day.

Examples of Incremental Subordinated Amount in a sentence

  • The Transferor will transfer to the Issuer on each Transfer Date any and all Ineligible Receivables arising in connection with any Account; provided that (i) on the applicable Transfer Date, such Account is an Eligible Account and (ii) the Incremental Subordinated Amount is adjusted in accordance with the related Indenture Supplement.

  • The "Required Subordinated Amount" shall mean, as of any date of determination, the sum of (a) the product of the initial Subordinated Percentage, as adjusted from time to time other than as a result of an increase therein at the option of the Seller, and the Invested Amount and (b) the Incremental Subordinated Amount.

  • The Seller shall sell to the Trust on the Closing Date and on each Transfer Date any and all Receivables that are Ineligible Receivables, provided that the Trust Incremental Subordinated Amount is adjusted in accordance with the definition thereof with respect to such Ineligible Receivables.

  • The attainable 𝑄 value also limits the system’s energy efficiency.Thus, fundamentally, highly energy-efficient computation in an adiabatic switching circuit, driven by a ballistic dynamical evolution encompassing it, “only” requires refining the tech-nology so as to increase 𝑄 and √𝑟 to commensurately high levels.

  • The Incremental Subordinated Amount On the immediately preceding Determination Date: On this Distribution Date: 15.


More Definitions of Incremental Subordinated Amount

Incremental Subordinated Amount means, with respect to any Distribution Date, the result obtained by multiplying (a) a fraction, the numerator of which is the sum of the Invested Amount on the last day of the immediately preceding Collection Period (or with respect to the first Distribution Date, the Invested Amount on the Closing Date) and the Available Subordinated Amount for such Distribution Date (calculated without subtracting or adding the Incremental Subordinated Amount for such Distribution Date as described in clause (x) of the definition of Available Subordinated Amount or clause (b) of the definition of Required Subordinated Amount), and the denominator of which is the Pool Balance on such last day by (b) the Overconcentration Amount on such Distribution Date.
Incremental Subordinated Amount means, with respect to any Series at any time of determination, an amount equal to the incremental subordinated amount specified in the related Series Supplement.
Incremental Subordinated Amount has, for any Series, the meaning specified in the related Indenture Supplement.
Incremental Subordinated Amount means, with respect to any Determination Date, the result obtained by multiplying (a) a fraction, the numerator of which is the sum of the Invested Amount on the last day of the immediately preceding Collection Period (or with respect to the first Determination Date, the Invested Amount on the Closing Date) and the Available Subordinated Amount for such Determination Date (calculated without subtracting or adding the Incremental Subordinated Amount for such Distribution Date as described in clause (D) or (E), respectively, of the definition thereof and without adding the Incremental Subordinated Amount in the definition of Required Subordinated Amount as used in the definition of Available Subordinated Amount) (or with respect to the first Determination Date, the product of the Invested Amount on the Closing Date and the Subordinated Percentage) and the denominator of which is the Pool Balance on such last day by (b) the Trust Incremental Subordinated Amount.
Incremental Subordinated Amount means, with respect to any Distribution Date on which there is an Incremental Funding, the product of (i) the Incremental Funded Amount on such Distribution Date and (ii) the Subordinated Percentage.
Incremental Subordinated Amount means, with respect to any Determination Date, the result obtained by multiplying (a) a fraction, the numerator of which is the sum of (i) (A) the Invested Amount on the last day of the immediately preceding Collection Period or (B) with respect to the first Determination Date, the Invested Amount on the Closing Date and (ii) (A) the Available Subordinated Amount for such Determination Date (calculated without adding the Incremental Subordinated Amount for such Distribution Date as described in clause (c) of the definition thereof) or (B) with respect to the first Determination Date, the product of the Invested Amount on the Closing Date and the Subordinated Percentage and the denominator of which is the Pool Balance on such last day by (b) the Trust Incremental Subordinated Amount.] [Notwithstanding anything to the contrary in the Agreement, for purposes of calculating the Trust Incremental Subordinated Amount with respect to Series [199_-_], "Dealer Overconcentration" on any Determination Date shall mean, with respect to any Dealer or group of affiliated Dealers, the excess of (a) the aggregate of all amounts of Principal Receivables due from such Dealer or group of affiliated Dealers on the last day of the Collection Period immediately preceding such Determination Date over (b) [ ]% of the Pool Balance on the last day of such immediately preceding Collection Period.]
Incremental Subordinated Amount means, with respect to any Determination Date, the result obtained by multiplying (a) a fraction, the numerator of which is the sum of (i) (A) the Invested Amount on the last day of the immediately preceding Collection Period or (B) with respect to the first Determination Date, the Invested Amount on the Closing Date and (ii) (A) the Available Subordinated Amount for such Determination Date (calculated without adding the Incremental Subordinated Amount for such Distribution Date