Class A Deficiency Amount definition

Class A Deficiency Amount is defined in Section 4.1(a).

Class A Deficiency Amount shall have the meaning specified in subsection 4.06(a).

Class A Deficiency Amount for any Transfer Date shall be equal to the excess, if any, of the aggregate amount accrued pursuant to this subsection 4.6(a) as of the prior Interest Period over the amount actually transferred to the Distribution Account for payment of such amount.

Examples of Class A Deficiency Amount in a sentence

• On the Determination Date preceding each Distribution Date, the Servicer shall determine the excess, if any (the "Class A Deficiency Amount"), of (x) the aggregate amount accrued pursuant to this Section 4.2(a) as of the prior Distribution Date over (y) the amount actually transferred from the Distribution Account for payment of such amount.

• The amount of the payment set forth in A1 above in respect of Class A Deficiency Amount.

• The aggregate amount of the Class A Deficiency Amount $0.00 (2) The aggregate amount of the Class B Deficiency Amount $0.00 B.

• The "Class A Additional Interest" for any Transfer Date shall be an amount, if any, equal to the product of (A) a fraction, the numerator of which is the actual number of days in the related Interest Period and the denominator of which is 360, (B) the sum of (1) the Class A Certificate Rate in effect with respect to such Interest Period, and (2) 2% per annum, and (C) any Class A Deficiency Amount with respect to the Transfer Date immediately preceding the prior Interest Payment Date.

• The "Class A Deficiency Amount" for any Transfer Date shall be equal to the excess, if any, of the aggregate amount accrued pursuant to this subsection 4.06(a) as of the prior Interest Period over the amount actually transferred to the Interest Funding Account for payment to the Class A Certificateholders on the next succeeding Interest Payment Date.

More Definitions of Class A Deficiency Amount

Class A Deficiency Amount means the Class Deficiency Amount for the Class A Notes.

Class A Deficiency Amount for any Determination Date shall be equal to the excess, if any, of (x) the sum of (i) the Class A Monthly Interest and the Class A Additional Interest, in each case for the Interest Period ended immediately prior to the preceding Payment Date, plus (ii) any Class A Deficiency Amount for the preceding period, over (y) the amount actually paid in respect thereof on the preceding Payment Date; provided, however, that the Class A Deficiency Amount on the first Determination Date shall be zero.

Class A Deficiency Amount for any Transfer Date shall be equal to the excess, if any, of the aggregate amount accrued pursuant to this subsection 4.06(a) as of the prior Interest Period over the amount actually transferred to the Interest Funding Account for payment to the Class A Certificateholders on the next succeeding Interest Payment Date of such amount. (h) The amount of monthly interest distributable from the Finance Charge Account with respect to the Class B Certificates with respect to each Transfer Date shall be an amount equal to the product of (i)(A) a fraction, the numerator of which is the actual number of days in the related Interest Period and the denominator of which is 360, times (B) the Class B Certificate Rate in effect with respect to the related Interest Period, times (ii) the outstanding principal balance of the Class B Certificates determined as of the Record Date preceding the related Transfer Date (the "Class B Monthly Interest"); provided, however, that in addition to the Class B Monthly Interest an amount equal to the amount of any unpaid Class B Deficiency Amounts, as defined below, plus any Class B Additional Interest, as defined below, shall also be distributable from the Finance Charge Account with respect to the Class B Certificates, and on such Transfer Date the Trustee shall deposit such funds, to the extent available, into the Interest Funding Account for payment to the Class B Certificateholders on the next succeeding Interest Payment Date. The "Class B Additional Interest" for any Transfer Date shall be an amount, if any, equal to the product of (A) a fraction, the numerator of which is the actual number of days in the related Interest Period and the denominator of which is 360, (B) the sum of (1) the Class B Certificate Rate in effect with respect to such Interest Period, and (2) 2% per annum, and (C) any Class B Deficiency Amount with respect to the Transfer Date immediately preceding the prior Interest Payment Date. The "Class B Deficiency Amount" for any Transfer Date shall be equal to the excess, if any, of the aggregate amount accrued pursuant to this subsection 4.06(b) as of the prior Interest Period over the amount actually transferred to the Interest Funding Account for payment to the Class B Certificateholders on the next succeeding Interest Payment Date of such amount. (i) The amount of monthly interest distributable to the Collateral Interest, which shall be an amount equal to the product of (i)(A) a fraction, the numerator of which...

Class A Deficiency Amount has the meaning specified in Section 3.1(c)(ii) of this Series 2013-A Supplement.

Class A Deficiency Amount has the meaning specified in Section 3.1(c)(ii).

Class A Deficiency Amount means, in respect of any Transfer Date, an amount equal to the excess, if any, of the Class A Monthly Required Expense Amount as of the prior Transfer Date (disregarding for this purpose the Class A Trustee Payment Amount and the MTN Issuer Costs Amount) over the amounts actually credited to the Class A Distribution Ledger for the payment of such amount in accordance with Clause 5.10(a)(iii);

Class A Deficiency Amount payable on each such Payment Date, as determined on the applicable Determination Date, shall be equal to the excess, if any, of (x) the sum of (i) the Class A Monthly Interest and the Class A Additional Interest, in each case for the Interest Period ended immediately prior to the preceding Payment Date, plus (ii) any Class A Deficiency Amount for the preceding period, over (y) the amount actually paid in respect thereof on the preceding Payment Date; provided, however, that the Class A Deficiency Amount on the first Determination Date shall be zero.