Released Amounts definition

Released Amounts means, with respect to any payment or collection received with respect to any Loan on any Business Day (whether such payment or collection is received by the Servicer, the Owner Trustee or the Trust Depositor), an amount equal to that portion of such payment or collection constituting Excluded Amounts or Retained Interest.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Released Amounts. With respect to any payment or Collection received with respect to any Transferred Loan on any Business Day (whether such payment or Collection is received by the Servicer, the Originator or the Borrower), an amount equal to that portion of such payment or collection constituting Excluded Amounts or Retained Interest.

Released Amounts shall have the meaning set forth in Section 2.6(a) hereof.

Examples of Released Amounts in a sentence

Upon such release, such Released Amounts shall not constitute and shall not be included in the Collateral.
Such Released Amounts shall not constitute and shall not be included in the Loan Assets.
Upon such release, such Released Amounts shall not constitute and shall not be included in the Loan Assets.
Immediately upon the release to the Borrower by the Agent of the Released Amounts, the Borrower hereby irrevocably agrees to release to the Originator such Released Amounts, which release shall be automatic and shall require no further act by the Borrower; provided, that the Borrower shall execute and deliver such instruments of release and assignment, or otherwise confirming the foregoing release of any Released Amounts, as may be reasonably requested by the Originator.
Upon such release, such Released Amounts shall not constitute and shall not be included in the Trust Assets.
Immediately upon the release to the Buyer by the Agent of the Released Amounts, the Buyer hereby irrevocably agrees to release to the Originator such Released Amounts, which release shall be automatic and shall require no further act by the Buyer; provided, that the Buyer shall execute and deliver such instruments of release and assignment, or otherwise confirming the foregoing release of any Released Amounts, as may be reasonably requested by the Originator.
Upon such release, such Released Amounts shall not constitute and shall not be included in the Pledged Assets.
All such Released Amounts shall be treated for income tax purposes as an additional capital contribution of Seller to Susanville immediately prior to the Closing.
Immediately upon the release to the Buyer by the Deal Agent of the Released Amounts, the Buyer hereby irrevocably agrees to release to the Seller such Released Amounts, which release shall be automatic and shall require no further act by the Buyer; provided, that, the Buyer shall execute and deliver such instruments of release and assignment, or otherwise confirming the foregoing release of any Released Amounts, as may be reasonably requested by the Seller.
For the avoidance of doubt, such Retained Interest and Released Amounts shall not constitute and shall not be included in the Loan Assets.

More Definitions of Released Amounts

Released Amounts. With respect to any payment or collection received with respect to any Collateral Debt Obligation on any Business Day (whether such payment or collection is received by the Collateral Manager, the Trustee or the Trust Depositor), an amount equal to that portion of such payment or collection on any Retained Interest released from the Collateral pursuant to this Indenture.

Released Amounts shall have the meaning set forth in the Second Amendment.

Released Amounts has the meaning given in clause 8.2.

Released Amounts has the meaning set forth in Section 4.1(b)(i).

Released Amounts means, with respect to any payment or collection received with respect to any Contract on any Business Day (whether such payment or collection is received by the Servicer, the Owner Trustee or the Trust Depositor), an amount equal to that portion of such payment or collection constituting Excluded Amounts. "Required Holders" means (i) prior to the payment in full of the Class A-1 Notes and Class A-2 Notes outstanding, Class A-1 Noteholders and/or Class A-2 Noteholders holding Class A-1 Notes and/or Class A-2 Notes evidencing more than 66 2/3% of the Aggregate Principal Amount of all Class A-1 Notes and Class A-2 Notes outstanding, (ii) from and after the payment in full of the Class A-1 Notes and Class A-2 Notes outstanding, Holders of Class B Notes holding Class B Notes evidencing more than 66 2/3% of the Aggregate Principal Amount of all Class B Notes outstanding, (iii) from and after the payment in full of the Class B Notes outstanding, Holders of Class C Notes holding Class C Notes evidencing more than 66 2/3% of the Aggregate Principal Amount of all Class C Notes outstanding, and (iv) from and after the payment in full of the Class C Notes outstanding, Holders of Class D Notes holding Class D Notes evidencing more than 66 2/3% of the Aggregate Principal Amount of all Class D Notes outstanding.