Yield Supplement Overcollateralization Amount means, with respect to any calendar month and the related Payment Date, or with respect to the Closing Date, the aggregate amount by which the Principal Balance as of the last day of the related Collection Period or the Cutoff Date, as applicable, of each of the related Receivables with an APR as stated in the related contract of less than the Required Rate, other than Defaulted Receivables, exceeds the present value, calculated by using a discount rate equal to the Required Rate, of each scheduled payment of each such Receivables assuming such scheduled payment is made on the last day of each month and each month has 30 days.
Yield Supplement Overcollateralization Amount means, for the Closing Date and each Payment Date, the amount stated on the Yield Supplement Overcollateralization Schedule for that date, calculated as the sum for each Receivable of the amount (not less than zero) equal to:
Yield Supplement Overcollateralization Amount means with respect to any calendar month and the related Distribution Date, or with respect to the Cutoff Date, the aggregate amount by which the Principal Balance as of the last day of such calendar month or the Cutoff Date, as applicable, of each of the related Receivables with an Annual Percentage Rate as stated in the related Contract is less than the Required Rate, other than a Liquidated Receivable, exceeds the present value, calculated using a discount rate equal to the Required Rate, of each Scheduled Receivables Payment of each such Receivable assuming such Scheduled Receivables Payment is made on the last day of each month and each month has 30 days.
Examples of Yield Supplement Overcollateralization Amount in a sentence
The "Adjusted Pool Balance" as of any date is equal to the Pool Balance less the Yield Supplement Overcollateralization Amount as of such date.
YSOA = For each payment date, the amount set forth in the table under "Yield Supplement Overcollateralization Amount".
The "Yield Supplement Overcollateralization Amount" for each Receivable for each Collection Period is the excess, if any, of the present value of the scheduled payments due on such Receivable for each future Collection Period discounted at the APR of the Receivable over the present value of such scheduled payments discounted at 9.50%, assuming that future scheduled payments on the Receivables are made on their scheduled due dates without any delays, defaults or prepayments.
The "Yield Supplement Overcollateralization Amount" for each Receivable for each Collection Period is the excess, if any, of the present value of the scheduled payments due on such Receivable for each future Collection Period discounted at the APR of the Receivable over the present value of such scheduled payments discounted at 10.00%, assuming that future scheduled payments on the Receivables are made on their scheduled due dates without any delays, defaults or prepayments.
The "Yield Supplement Overcollateralization Amount" for each Receivable for each Collection Period is the excess, if any, of the present value of the payments on such Receivable for each future Collection Period discounted at the APR of the Receivable over the present value of such payments discounted at a fixed rate, assuming that future payments on the Receivables are made without any delays, defaults or prepayments.
More Definitions of Yield Supplement Overcollateralization Amount
Yield Supplement Overcollateralization Amount means with respect to any Payment Date, the dollar amount set forth next to such Payment Date on Schedule B hereto.
Yield Supplement Overcollateralization Amount means, with respect to any Payment Date and the related Collection Period (or any day in such Collection Period), the aggregate amount by which the Principal Balance of each Receivable (other than a Defaulted Receivable or a Purchased Receivable) as of the last day of such Collection Period, exceeds the present value of all remaining Monthly Payments, calculated using the Discount Rate and assuming that all such Monthly Payments are made on the last day of each Collection Period and that each Collection Period has 30 days. The Yield Supplement Overcollateralization Amount for each Payment Date shall equal the amount set forth below: Payment Date Yield Supplement Overcollateralization Amount Closing Date $54,889,203.04 October 2016 $50,614,223.88 November 2016 $48,550,913.58 December 2016 $46,537,416.08 January 2017 $44,573,903.15 February 2017 $42,660,298.10 March 2017 $40,796,250.03 April 2017 $38,981,520.22 May 2017 $37,216,059.83 June 2017 $35,499,740.53 July 2017 $33,832,349.82 August 2017 $32,213,168.19 September 2017 $30,641,080.01 October 2017 $29,115,206.54 November 2017 $27,635,526.22 December 2017 $26,201,915.31 January 2018 $24,814,143.96 February 2018 $23,472,035.50 March 2018 $22,175,521.68 April 2018 $20,924,177.64 May 2018 $19,717,326.72 June 2018 $18,554,491.56 July 2018 $17,435,325.12 August 2018 $16,358,559.61 September 2018 $15,323,152.52 October 2018 $14,328,964.95 November 2018 $13,375,872.36 December 2018 $12,463,697.16 January 2019 $11,592,135.52 Payment Date Yield Supplement Overcollateralization Amount February 2019 $10,760,672.42 March 2019 $9,968,479.56 April 2019 $9,214,219.15 May 2019 $8,496,427.44 June 2019 $7,814,037.34 July 2019 $7,166,271.66 August 2019 $6,552,758.34 September 2019 $5,973,087.71 October 2019 $5,426,879.02 November 2019 $4,913,643.54 December 2019 $4,432,779.19 January 2020 $3,983,277.83 February 2020 $3,564,159.86 March 2020 $3,174,308.51 April 2020 $2,812,689.19 May 2020 $2,478,386.32 June 2020 $2,170,355.75 July 2020 $1,887,580.42 August 2020 $1,629,311.20 September 2020 $1,394,846.34 October 2020 $1,183,452.64 November 2020 $994,516.19 December 2020 $827,368.68 January 2021 $681,115.98 February 2021 $554,715.77 March 2021 $446,740.29 April 2021 $355,471.90 May 2021 $279,434.62 June 2021 $216,703.15 July 2021 $165,119.59 August 2021 $123,033.96 September 2021 $89,261.82 October 2021 $62,582.07 November 2021 $42,118.49 December 2021 $26,750.28 January 2022 $15,445.23 February 2022 $7,735.17 March 2022 $3,1...
Yield Supplement Overcollateralization Amount means, with respect to any Payment Date, the dollar amount set forth next to such Payment Date on Schedule X hereto. The foregoing definitions shall be equally applicable to both the singular and plural forms of the defined terms. Unless otherwise inconsistent with the terms of this Agreement, all accounting terms used herein shall be interpreted, and all accounting determinations hereunder shall be made, in accordance with GAAP. Amounts to be calculated hereunder shall be continuously recalculated at the time any information relevant to such calculation changes. Appendix A to the Sale and Servicing Agreement (VALET 2012-1) SCHEDULE X YIELD SUPPLEMENT OVERCOLLATERALIZATION AMOUNT Payment Date Yield Supplement Overcollateralization Amount Closing Date $ 62,838,901.04 February 2012 $ 60,777,057.09 March 2012 $ 58,747,429.81 April 2012 $ 56,750,210.08 May 2012 $ 54,785,593.59 June 2012 $ 52,853,776.96 July 2012 $ 50,954,950.92 August 2012 $ 49,089,303.13 September 2012 $ 47,256,964.47 October 2012 $ 45,458,102.22 November 2012 $ 43,692,899.83 December 2012 $ 41,961,531.99 January 2013 $ 40,264,131.15 February 2013 $ 38,600,893.41 March 2013 $ 36,972,021.78 April 2013 $ 35,377,720.40 May 2013 $ 33,818,182.16 June 2013 $ 32,293,605.97 July 2013 $ 30,804,168.47 August 2013 $ 29,350,037.10 September 2013 $ 27,931,376.25 October 2013 $ 26,548,312.27 November 2013 $ 25,200,986.01 December 2013 $ 23,889,443.05 January 2014 $ 22,613,798.14 February 2014 $ 21,374,249.30 March 2014 $ 20,171,008.00 April 2014 $ 19,004,275.54 May 2014 $ 17,874,230.73 June 2014 $ 16,781,029.78 July 2014 $ 15,724,806.45 August 2014 $ 14,705,385.41 September 2014 $ 13,722,522.38 October 2014 $ 12,775,755.41 November 2014 $ 11,864,578.14 December 2014 $ 10,988,334.31 January 2015 $ 10,146,449.53 February 2015 $ 9,339,018.72 Appendix A to the Sale and Servicing Agreement (VALET 2012-1) X-1 Payment Date Xxxxx Xxxxxxxxxx Xxxxxxxxxxxxxxxxxxxxx Xxxxxx Xxxxx 0000 $ 8,566,238.33 April 2015 $ 7,828,302.95 May 2015 $ 7,125,389.99 June 2015 $ 6,457,664.81 July 2015 $ 5,825,251.02 August 2015 $ 5,228,137.63 September 2015 $ 4,666,247.32 October 2015 $ 4,139,310.04 November 2015 $ 3,647,055.67 December 2015 $ 3,189,146.62 January 2016 $ 2,765,166.49 February 2016 $ 2,375,177.55 March 2016 $ 2,019,365.79 April 2016 $ 1,697,861.98 May 2016 $ 1,410,654.65 June 2016 $ 1,157,749.19 July 2016 $ 938,895.50 August 2016 $ 752,897.56 September 2016 $ 597,808.42 October 2016 $ 470,435.60 November 2016 $ 367,302.52...
Yield Supplement Overcollateralization Amount means, with respect to any Collection Period and the related Payment Date, or with respect to the Cutoff Date, the aggregate amount by which the Principal Balance as of the last day of such Collection Period or the Cutoff Date of each of the related Receivables with a Contract Rate of less than the Required Rate, other than a Defaulted Receivable, exceeds the present value, calculated by using a discount rate equal to the Required Rate, of each scheduled payment of each such Receivables assuming such scheduled payment is made on the last day of each month and each month has 30 days. APPENDIX A
Yield Supplement Overcollateralization Amount means, with respect to any Distribution Date, the amount specified on the Yield Supplement Overcollateralization Schedule with respect to such Distribution Date.
Yield Supplement Overcollateralization Amount means with respect to any Payment Date, the dollar amount set forth next to such Payment Date on Schedule B to the Sale and Servicing Agreement. The foregoing definitions shall be equally applicable to both the singular and plural forms of the defined terms. Unless otherwise inconsistent with the terms of this Agreement, all accounting terms used herein shall be interpreted, and all accounting determinations hereunder shall be made, in accordance with GAAP. Amounts to be calculated hereunder shall be continuously recalculated at the time any information relevant to such calculation changes. Appendix A-25 (2016-B Sale and Servicing Agreement) APPENDIX B REGULATION AB REPRESENTATIONS, WARRANTIES AND COVENANTS
Yield Supplement Overcollateralization Amount means with respect to any Payment Date, the dollar amount set forth next to such Payment Date on Schedule B to the Sale and Servicing Agreement. The foregoing definitions shall be equally applicable to both the singular and plural forms of the defined terms. Unless otherwise inconsistent with the terms of this Agreement, all accounting terms used herein shall be interpreted, and all accounting determinations hereunder shall be made, in accordance with GAAP. Amounts to be calculated hereunder shall be continuously recalculated at the time any information relevant to such calculation changes. APPENDIX B REGULATION AB REPRESENTATIONS, WARRANTIES AND COVENANTS PART I