Examples of Minimum Enhancement Amount in a sentence
The parties hereto agree that, solely for purposes of the Series 1997-1 Supplement, notwithstanding any provision in the Agreement to the contrary, any reference to the Net Pool Balance being compared to the Required Participation Amount shall be deemed to mean that the Minimum Enhancement Amount is greater than the sum of (i) Contractual Dilution and (ii) Aggregate Reserves.
After giving effect to the issuance of the Senior Class Certificates on the Closing Date, (i) the Transferor Amount is not less than the Minimum Transferor Amount and (ii) the Subordinate Class Investor Amount is not less than the Minimum Enhancement Amount.
The sum of (i) the Series 2010-3 Letter of Credit Amount, (ii) the Series 2010-3 Cash Liquidity Amount and (iii) the Series 2010-3 Available Subordinated Amount shall be in an amount at least equal to the Series 2010-3 Minimum Enhancement Amount.
The sum of (i) the Series 2011-2 Letter of Credit Amount, (ii) the Series 2011-2 Cash Liquidity Amount and (iii) the Series 2011-2 Available Subordinated Amount shall be in an amount at least equal to the Series 2011-2 Minimum Enhancement Amount.
Whenever the Series 1997-1 Enhancement Amount is less than the Series 1997-1 Minimum Enhancement Amount or a Series 1997 Asset Amount Deficiency exists, then, on the Distribution Date immediately following discovery of such deficiency, NFLP shall decrease the Series 1997-1 Invested Amount of the Series 1997-1 Notes as required under Section 4.3(a) of the Series 1997-1 Supplement.