Required Subordinated Amount definition

Required Subordinated Amount means, as of a date, the sum of:

Required Subordinated Amount means, with respect to any Tranche of a Senior Class of Notes, the amount specified in the related Indenture Supplement.

Required Subordinated Amount means, as of any date of determination, the sum of (a) the product of (i) the Subordinated Percentage and (ii) the Invested Amount on such date and (b) the Incremental Subordinated Amount.

Examples of Required Subordinated Amount in a sentence

• The Class C Notes and the Class B Notes are each subordinated to the Class A Notes to the extent of the Class A Required Subordinated Amount.

• On any Determination Date, the Available Subordinated Amount for the next Payment Date will be less than the Required Subordinated Amount after giving effect to any payments to be made on that Payment Date, and continues unremedied for five Business Days after that Payment Date.

• Specification of Required Subordinated Amount and other Terms 7 Section 2.03.

• The Calculation Agent shall make the following determinations and adjustments; provided, however, that (i) no Available Subordinated Amount or Usage of Available Subordinated Amounts for any Tranche of Notes shall be reduced below zero or increased above the applicable Required Subordinated Amount of a Subordinated Class of Notes for such Tranche.

• On the issuance date of Class B Notes of a tranche of a Multiple Issuance Series, immediately after giving effect to such issuance, the available subordinated amount of Class C Notes of that series must be at least equal to the Class B Required Subordinated Amount of Class C Notes for that series.

More Definitions of Required Subordinated Amount

Required Subordinated Amount means:

Required Subordinated Amount means, as of any date of determination, the sum of (i) the product of (A) the Subordinated Percentage and (B) the Invested Amount as of the opening of business on such date and (ii) the Incremental Subordinated Amount.

Required Subordinated Amount means, with respect to any tranche of a senior class of Notes of a Multiple Issuance Series, a Dollar amount of a subordinated class of the same series, as specified in the applicable terms document for such tranche of the senior class, or as changed from time to time pursuant to Section 312(b).

Required Subordinated Amount means, with respect to any Tranche of Class A Notes, the Required Subordinated Amount of Class B Notes, the Required Subordinated Amount of Class C Notes or the Required Subordinated Amount of Class D Notes, as applicable, for such Tranche; with respect to any Tranche of Class B Notes, the Required Subordinated Amount of Class C Notes or the Required Subordinated Amount of Class D Notes, as applicable, for such Tranche; and with respect to any Tranche of Class C Notes, the Required Subordinated Amount of Class D Notes for such Tranche.

Required Subordinated Amount means, with respect to any Tranche of a Senior Class of CHASEseries Notes, the aggregate Nominal Liquidation Amount of a Subordinated Class of CHASEseries Notes, as specified in the applicable Terms Document for such Tranche of the Senior Class, that is required to be Outstanding and available on any date in each Monthly Period during which the Senior Class is Outstanding.

Required Subordinated Amount means, with respect to any tranche of a senior class of Notes, the aggregate Nominal Liquidation Amount of a subordinated class of Notes, as specified in the applicable terms document for such tranche of the senior class, that is required to be outstanding and available on any date the senior class is Outstanding.

Required Subordinated Amount has, for any Series, the meaning specified in the related Indenture Supplement.