Noteholders’ Distributable Amount definition

Noteholders’ Distributable Amount means, with respect to any Distribution Date, the sum of the Noteholders’ Principal Distributable Amount and the Noteholders’ Interest Distributable Amount.

Noteholders’ Distributable Amount means, with respect to any Payment Date, the sum of (a) the accrued and unpaid interest on the Notes for such Payment Date and (b) the Note Monthly Principal Distributable Amount.

Noteholders’ Distributable Amount means, with respect to any Distribution Date, the Aggregate Noteholders' Interest Distributable Amount with respect to such Distribution Date plus the Noteholders' Principal Distributable Amount with respect to such Distribution Date for the most senior Class of Notes.

Examples of Noteholders’ Distributable Amount in a sentence

• On or before each Payment Date, the Noteholders’ Distributable Amount with respect to the preceding Collection Period will be transferred from the Collection Account, and/or the Reserve Account to the Note Distribution Account as provided in Sections 5.04 and 5.05 of the Sale and Servicing Agreement.

• On or before each Payment Date, the Noteholders’ Distributable Amount with respect to the preceding Collection Period will be transferred from the Collection Account and/or the Reserve Account to the Note Distribution Account as provided in Sections 5.04 and 5.05 of the Sale and Servicing Agreement.

• On or before each Distribution Date, the Noteholders’ Distributable Amount with respect to the preceding Collection Period will be transferred from the Collection Account and/or the Reserve Account to the Note Distribution Account as provided in Sections 5.5 and 5.6 of the Master Servicing Agreement.

More Definitions of Noteholders’ Distributable Amount

Noteholders’ Distributable Amount means, with respect to any Distribution Date, the sum of the Class A Distributable Amount, the Class B-1 Distributable Amount, the Class B-2 Distributable Amount and the Class C Distributable Amount.

Noteholders’ Distributable Amount. With respect to any Distribution Date, the sum of the Noteholders' Interest Distributable Amount and the Noteholders' Principal Distributable Amount.

Noteholders’ Distributable Amount. With respect to any Distribution Date, the sum of the Noteholders' Principal Distributable Amount for such Distribution Date and the Noteholders' Interest Distributable Amount for such Distribution Date.

Noteholders’ Distributable Amount means, with respect to any Payment Date, the sum of: (a) the Class Interest Amount for each Class of Notes, (b) the Class Principal Distributable Amount for each Class of Class A Notes, (c) the Reallocated Class C Principal Amount for each Class of Class A Notes (d) the Class B Noteholders' Monthly Principal Distributable Amount, (e) the Reallocated Class C Principal Amount for the Class B Notes and (f) the Class C Noteholders' Monthly Principal Distributable Amount.

Noteholders’ Distributable Amount means, for any Transfer Date, the sum of the Noteholders' Principal Distributable Amount and the Noteholders' Interest Distributable Amount.

Noteholders’ Distributable Amount. $________ (5)+(6)+(7)+(8)+(9)+(10)+(17)+(18)