INVESTOR INDEMNITY AMOUNT definition

INVESTOR INDEMNITY AMOUNT means, with respect to any Transferor Section 75 Indemnity Claim, an amount equal to the product of (a) the Transferor Section 75 Indemnity Claim (in an amount not to exceed the amount of the related Credit Advance) and (b) the Floating Investor Percentage on the day such Transferor Section 75 Indemnity Claim was made;
INVESTOR INDEMNITY AMOUNT means, with respect to any Transferor Section 75 Indemnity Claim, an amount equal to the product of (a) the Transferor Section 75 Indemnity Claim (in an amount not to exceed the amount of the related Credit Advance) and (b) the Floating Investor Percentage for the Monthly Period in which the day such Transferor Section 75 Indemnity Claim was made falls; ‘‘Investor Indemnity Payment Amount’’ shall mean a constituent element of any payment of Additional Consideration paid by the Series 2007-1 Investor Beneficiary to the Receivables Trustee in the circumstances and manner set out in Clauses 3(c) and 6(e) and Clause 11(d) of the Supplement (and with reference to the calculations in Part 4, Clause 5.10(p) and 5.14(a) of the Schedule); ‘‘Investor Percentage’’ shall mean for any Monthly Period, (a) with respect to Finance Charge Receivables and Receivables in Defaulted Accounts at any time and Principal Receivables during the Revolving Period, the Floating Investor Percentage and (b) with respect to Principal Receivables during the Controlled Accumulation Period, the Regulated Amortisation Period or the Rapid Amortisation Period, the Fixed Investor Percentage Provided, however, that in respect of any Monthly Period when the Investor Interest is zero or would be zero if the payments to be made on the related Distribution Date were made on the last day of the preceding Monthly Period, the Investor Percentage shall be zero;
INVESTOR INDEMNITY AMOUNT has the meaning given to it in the De-Linked Trust Supplement; Investor Interest shall mean that part of the aggregate beneficial interest of any Investor Beneficiary in the Delamare Cards Receivables Trust which was acquired by such Investor Beneficiary with the proceeds of a single Trust Series and shall be calculated in accordance with the provisions of the related Trust Supplement; Investor Percentage shall have, with respect to Eligible Principal Receivables, Finance Charge Receivables and Receivables on Defaulted Accounts and any Trust Series, the meaning stated in the related Trust Supplement; Investor Servicing Fee Amount shall have, with respect to each Trust Series as specified in clause 9.2(b) (Servicing Compensation) of the Receivables Trust Deed and Servicing Agreement, the meaning specified in the related Trust Supplement; Investor Trustee Payment shall have, with respect to each Trust Series as specified in clause 7.15(b) (Fees, Costs and Expenses of the Receivables Trustee) of the Receivables Trust Deed and Servicing Agreement, the meaning specified in the related Trust Supplement; Investor Trustee Payment Amount shall have, with respect to each Trust Series, the meaning specified in the related Trust Supplement;

Examples of INVESTOR INDEMNITY AMOUNT in a sentence

  • Claims made by TPF pursuant to this Deed will only be payable to the extent the amount of the Aggregate Investor Indemnity Amount calculated by the Receivables Trustee as allocable to each Outstanding Series can be met from Available Funds available to each Investor Beneficiary in respect of each Outstanding Series for such Investor Beneficiary for distribution for such purposes in accordance with the relevant Trust Supplement.

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