Required Cash Collateral Amount definition

Required Cash Collateral Amount shall have the meaning provided in Section 3.7(c).
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Required Cash Collateral Amount means, for any Transfer Date, the greater of (a) an amount (rounded up to the nearest dollar) equal to 4.0% of the Collateral Amount (after taking into account deposits to the Principal Accumulation Account on such Transfer Date and payments to be made on the related Distribution Date), and (b) for any Transfer Date occurring on or after the commencement of the Early Amortization Period, an amount equal to 4.0% of the Collateral Amount as of the close of business on the last day of the Revolving Period; provided that the Required Cash Collateral Amount will never exceed the Note Principal Balance, minus the Principal Accumulation Account Balance (after taking into account deposits to the Principal Accumulation Account on such Transfer Date and payments to be made on the related Distribution Date); and provided, further, that the Transferor may reduce the Required Cash Collateral Amount at any time if the Indenture Trustee has been provided evidence that the Rating Agency Condition has been satisfied.
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Required Cash Collateral Amount means, with respect to any ------------------------------- Distribution Date, the Required Enhancement Amount, minus the Collateral ----- Invested Amount after giving effect to all reductions of the Collateral Invested Amount with respect to such Distribution Date pursuant to Section 4.08 and any reductions of the Collateral Invested Amount with respect to such Distribution Date pursuant to Section 4.07 other than as a result of any Enhancement Surplus due to any Optional Deposit.
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Examples of Required Cash Collateral Amount in a sentence

  • The Required Cash Collateral Amount on the Transfer Date $94,500,000.00 ------------------- 10.

  • The Required Cash Collateral Amount on the Transfer Date $78,750,000.00 ------------------- 10.

  • The Required Cash Collateral Amount on the Transfer Date $105,000,000.00 ------------------- 11.

  • The Required Cash Collateral Amount on the Transfer Date $67,500,000.00 ------------------- 9.

  • The Required Cash Collateral Amount on the Transfer Date $90,000,000.00 ------------------- 9.


More Definitions of Required Cash Collateral Amount

Required Cash Collateral Amount shall have the meaning specified in Section 1.01 of the Pooling Agreement.
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Required Cash Collateral Amount means the amount specified as such in the Loan Agreement or such higher amount designated by the Transferor.
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Required Cash Collateral Amount means: (i) with respect to any Payment Date on or prior to the Payment Date occurring in [ ], an amount equal to $[ ], and (ii) with respect to any Payment Date thereafter, an amount equal to the greater of: (a) the sum of: (1) [ ]% of the Contract Pool Principal Balance for such Payment Date, plus (2) the excess, if any of: (A) the Aggregate Principal Amount of the Notes (after giving effect to all distributions of principal on such Payment Date) over (B) the Contract Pool Principal Balance for such Payment and (b) $[ ]; provided, that in no event will the Required Cash Collateral Amount exceed the Aggregate Principal Amount of the Notes.
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Required Cash Collateral Amount means with respect to any Payment Date, an amount equal to the greater of (a) the sum of (1) 7.75% of the Contract Pool Principal Balance as of the related Accounting Date, plus (2) the excess, if any of (A) the Aggregate Principal Amount of the Notes (after giving effect to all distributions of principal on such Payment Date) over (B) the Contract Pool Principal Balance as of the related Accounting Date and (b) 24,100,196.94; provided, that in no event will the Required Cash Collateral Amount exceed the Aggregate Principal Amount of the Notes as of any date of determination.
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Required Cash Collateral Amount means, with respect to a Letter of Credit, the sum of (x) the Stated Amount of such Letter of Credit plus (y) the amount of any interest or fees accrued or to accrue on each Letter of Credit through the stated expiration thereof, including, without limitation, Undrawn L/C Fees, Fronting Fees and Other L/C Fees.
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Required Cash Collateral Amount means, as of any Determination Date, an amount equal to the excess of (i) the total Principal Receivables outstanding relating to Bankrupt Merchants as of the end of the related Monthly Period over (ii) the product of (A) 20.0% and (B) the total Principal Receivables as of the end of the related Monthly Period.
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Required Cash Collateral Amount means, for any date of determination, the lesser of (a) [(i) with respect to any date of determination during the Funding Period, the sum of (x) $[•]; plus (y) [•]% of the amount of funds withdrawn from the Pre-Funding Account pursuant to subsection 4.18(d) on or prior to such date of determination or (ii) with respect to any other date of determination,] [•]% of the Note Principal Balance; and (b) the Note Principal Balance, minus the Principal Accumulation Account Balance (after taking into account deposits to the Principal Accumulation Account on such Transfer Date and payments to be made on the related Distribution Date); provided that during an Early Amortization Period, the Required Cash Collateral Amount shall equal the lesser of (i) the amount described in the preceding clause (b) and (ii) the Required Cash Collateral Amount on the last day of the Revolving Period; and provided, further, that the Transferor may reduce the Required Cash Collateral Amount at any time if the Indenture Trustee has been provided evidence that the Rating Agency Condition has been satisfied.]
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