Reallocated Class B Principal Collections means, with respect to any Transfer Date, Collections of Principal Receivables applied in accordance with subsection 4.12(a) in an amount not to exceed the product of (a) the Class B Investor Allocation with respect to the Monthly Period relating to such Transfer Date and (b) the Investor Percentage with respect to the Monthly Period relating to such Transfer Date and (c) the amount of Collections of Principal Receivables with respect to the Monthly Period relating to such Transfer Date; provided, however, that such amount shall not exceed the Class B Investor Interest after giving effect to any Class B Investor Charge-Offs for such Transfer Date.
Reallocated Class B Principal Collections shall have the meaning ----------------------------------------- specified in subsection 4.14(b) of the Agreement.
Reallocated Class B Principal Collections for any Monthly Period means collections of Principal Receivables allocable to the Class B Investor Interest for the related Monthly Period in an amount not to exceed the amount applied to fund the Class A Required Amount, if any; provided, however, that such amount will not exceed the Class B Investor Interest after giving effect to any Class B Investor Charge-Offs for the related Transfer Date.
Examples of Reallocated Class B Principal Collections in a sentence
On each Transfer Date, the Collateral Interest Amount shall be reduced by the amount of Reallocated Collateral Principal Collections and by the amount of Reallocated Class B Principal Collections for such Transfer Date.
Reallocated Class B Principal Collections and (b) Reallocated Collateral Principal Collections.
More Definitions of Reallocated Class B Principal Collections
Reallocated Class B Principal Collections means,
Reallocated Class B Principal Collections means, with respect to any Transfer Date, Principal Collections calculated by reference to the Class B Investor Interest but which are to be applied as Finance Charge Collections in accordance with Clause 5.17 in an amount not to exceed the product of:
Reallocated Class B Principal Collections means, with respect to any Transfer Date, Collections of Principal Receivables
Reallocated Class B Principal Collections shall have the meaning specified in subsection 4.14(c).
Reallocated Class B Principal Collections means, with respect to any Monthly Period, the lesser of (a) an amount equal to the excess, if any, of the full amount required to be paid pursuant to Sections 4.05(a)(i), (iii) and (iv) over the amount of the Available Finance Charge Collections, Available Cash Collateral Amount and Reallocated Collateral Principal Collections applied with respect thereto for such Monthly Period and (b) the sum for each day of the related Monthly Period of the product obtained by multiplying (i) the Principal Allocation Percentage with respect to such day, (ii) the amount of such day's Collections of Principal Receivables and (iii) the Class B Percentage as of the last day of the immediately preceding Monthly Period.
Reallocated Class B Principal Collections means, with respect to any Distribution Date, Collections of Principal Receivables allocated to the Class B Investor Interest applied in accordance with subsection 4.12 in an amount not to exceed the amount described in subsection 4.5(a)(ii) during the Revolving Period and subsection 4.5(b)(ii) during the Accumulation Period; provided, however, that such amount shall not exceed the Class B Investor Interest after giving effect to any Class B Investor Charge-Offs for such Distribution Date.
Reallocated Class B Principal Collections shall have the meaning specified in subsection 4.15(b) of the Agreement.