Specified Transferor Amount definition

Specified Transferor Amount means, at any time, the Minimum Transferor Amount (including the Additional Minimum Transferor Amount, if any) at that time.
Specified Transferor Amount means, as of any date of determination, the Minimum Transferor Amount as of such date of determination.
Specified Transferor Amount means, as of any date of determination, 0 or, if more, the highest amount identified as the "Specified Transferor Amount" in the Supplement for any outstanding Series.

Examples of Specified Transferor Amount in a sentence

  • If, following the exclusion of such Principal Receivables from the calculation of the Transferor Amount, the Transferor Amount would be less than the Specified Transferor Amount, Transferor shall make a deposit into the Excess Funding Account in immediately available funds prior to the next succeeding Business Day in an amount equal to the amount by which the Transferor Amount would be less than the Specified Transferor Amount (up to the amount of such Principal Receivables).

  • Financial transactions totaling or exceeding $100,000 in any 12-month period, commits a felony of the first degree, punishable as provided in s.

  • If, following the exclusion of such Principal Receivables from the calculation of the Transferor Amount, the Transferor Amount would be less than the Specified Transferor Amount, not later than the close of business on such first Business Day, Transferor shall make a deposit into the Excess Funding Account in immediately available funds in an amount equal to the amount by which the Transferor Amount would be less than the Specified Transferor Amount (up to the amount of such Principal Receivables).

  • See “Risk Factors – Relating to the Collateral Obligations – The Warehouse Arrangements”.

  • If, following the exclusion of such Principal Receivables from the calculation of the Transferor Amount, the Transferor Amount would be less than the Specified Transferor Amount, Transferor shall make a deposit into the Excess Funding Account in immediately available funds prior to the next succeeding Business Day in an amount equal to the amount by which the Transferor Amount would be less than the Specified the Transferor Amount (up to the amount of such Principal Receivables).

  • The Servicer shall continue to make such determination on each Business Day thereafter until the expiration of 90 consecutive days during which the Transferor Amount as of the second preceding day is greater than the Specified Transferor Amount as of such second preceding day.


More Definitions of Specified Transferor Amount

Specified Transferor Amount means, as of any date of determination, 0 or, if more, the highest amount identified as the “Specified Transferor Amount” in the Indenture Supplement for any outstanding Series.
Specified Transferor Amount means, at any time, the Minimum Transferor Amount (including the Additional Minimum Transferor Amount, if any) at that time. [”Spread Account” is defined in subsection 4.11(a).]
Specified Transferor Amount means, as of any date of determination, the product of (i) the sum of (a) the aggregate Principal Receivables as of such date and (b) the amount on deposit in the Special Funding Account as of such date and (ii) 17%, provided, however, that such percentage may be adjusted from time to time upon written notice from the Transferor to the Trustee if Standard & Poor’s shall have been notified of such adjustment and shall have provided written notice to the Trustee or the Servicer that such action will not result in reduction or withdrawal of the then outstanding rating of any (x) Outstanding Notes (each term as defined in the Indenture) or (y) outstanding securities collateralized by Subordinated Interests.

Related to Specified Transferor Amount

  • Transferor Amount means (a) prior to the Certificate Trust Termination Date, the "Transferor Amount" under (and as defined in) the Pooling and Servicing Agreement and (b) on and after the Certificate Trust Termination Date, the "Transferor Amount" as defined in Annex A to the Indenture. For purposes of determining the Transferor Amount on any date of determination, any amount deposited into the Principal Account in respect of a Potential Shortfall shall be deemed not to be on deposit in the Principal Account.

  • Specified Transaction will have the meaning specified in Section 14 of this Agreement.

  • Cash Interest Coverage Ratio With respect to any Loan for any Relevant Test Period, either (a) the meaning of “Cash Interest Coverage Ratio” or comparable definition set forth in the Underlying Instruments for such Loan, or (b) in the case of any Loan with respect to which the related Underlying Instruments do not include a definition of “Cash Interest Coverage Ratio” or comparable definition, the ratio of (i) EBITDA to (ii) Cash Interest Expense of such Obligor with respect to the applicable Relevant Test Period, as calculated by the Borrower and Collateral Manager in good faith.