Required Payment Amount definition
Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.
Required Payment Amount has the meaning set forth in Section 6.05(b).
Required Payment Amount has, with respect to each Payment Date, the meaning specified in Section 4.08(a)(vii) of the Sale and Servicing Agreement.
Examples of Required Payment Amount in a sentence
On each Distribution Date, upon receipt of instructions from the Servicer pursuant to Section 4.6(b) of the Sale and Servicing Agreement, the Indenture Trustee shall withdraw from the Reserve Account (up to the amount on deposit in the Reserve Account) and deposit in the Collection Account the amount, if any, by which the Required Payment Amount for such Distribution Date exceeds the Available Collections for such Distribution Date.
More Definitions of Required Payment Amount
Required Payment Amount means the sum of items (i) through (xi) set forth in Section 2.7(b) of the Indenture.
Required Payment Amount. The sum of items (i) through (xiii) set forth in Section 2.7(b) of the Indenture.
Required Payment Amount means, with respect to any Payment Date, an amount equal to the amount necessary to make the distributions specified in Sections 5.04(a)(i) through (a)(vii).
Required Payment Amount has, with respect to each Distribution Date, the meaning specified in Section 4.06(a)(viii).
Required Payment Amount shall have the meaning set forth in Section 5.7(d).
Required Payment Amount. With respect to each Class of Notes and any Payment Date, the Note Interest for such Payment Date plus the amount of any related Overcollateralization Deficit for such Payment Date.
Required Payment Amount. With respect to the Notes and any Payment Date, the Note Interest (net of any Relief Act Interest Shortfalls and Prepayment Interest Shortfalls) for such Payment Date plus the amount of any Overcollateralization Deficit for such Payment Date.