Class A Investor Interest definition

Class A Investor Interest means, on any date of determination, an amount equal to (a) the Class A Initial Investor Interest, minus (b) the aggregate amount of principal payments made to Class A Certificateholders prior to such date and minus (c) the excess, if any, of the aggregate amount of Class A Investor Charge-Offs pursuant to subsection 4.10(a) over Class A Investor Charge-Offs reimbursed pursuant to subsection 4.11(b) prior to such date of determination; provided, however, that the Class A Investor Interest may not be reduced below zero.

Class A Investor Interest for any date means an amount equal to (a) the aggregate initial principal amount of the Class A Certificates, minus (b) the aggregate amount of principal payments made to Class A Certificateholders prior to such date, minus (c) the excess, if any, of the aggregate amount of Class A Investor Charge-Offs for all Transfer Dates preceding such date over the aggregate amount of any reimbursements of Class A Investor Charge-Offs for all Transfer Dates preceding such date; provided, however, that the Class A Investor Interest may not be reduced below zero.

Class A Investor Interest means, on any date of determination, an amount equal to (a) the Class A Initial Investor

Examples of Class A Investor Interest in a sentence

• In the event that such reduction would cause the Class B Investor Interest to be a negative number, the Class B Investor Interest will be reduced to zero, and the Class A Investor Interest will be reduced by the amount by which the Class B Investor Interest would have been reduced below zero, but not by more than the Class A Investor Default Amount for such Transfer Date (a "Class A Investor Charge-Off").

• When such reductions of the Class A Investor Interest and Class B Investor Interest have been fully reimbursed, reductions of the Collateral Interest Amount shall be reimbursed until reimbursed in full in a similar manner.

• The Collateral Interest will also be reduced by the amount of Reallocated Principal Collections pursuant to Section 4.12 and the amount of any portion of the Collateral Interest allocated to the Class A Certificates or the Class B Certificates to avoid a reduction in the Class A Investor Interest, pursuant to subsection 4.10(a), or the Class B Investor Interest, pursuant to subsection 4.10(b), respectively.

• The Class B Investor Interest will also be reduced by the amount of Reallocated Class B Principal Collections in excess of the Collateral Interest pursuant to Section 4.12 and the amount of any portion of the Class B Investor Interest allocated to the Class A Certificates to avoid a reduction in the Class A Investor Interest pursuant to subsection 4.10(a) above.

• If the Class A Investor Interest has been reduced by the amount of any Class A Investor Charge-Offs, it will be reimbursed on any Transfer Date (but not by an amount in excess of the aggregate Class A Investor Charge-Offs) by the amount of Excess Spread allocated and available for such purpose pursuant to subsection 4.11(b).

More Definitions of Class A Investor Interest

Class A Investor Interest means, on any date of determination, an amount equal to (a) the Class A Initial Investor Interest, minus (b) the aggregate amount of principal payments made to Class A Certificateholders prior to such date and minus (c) the excess,

Class A Investor Interest means, on any date of determination, a principal amount equal to:

Class A Investor Interest means, on any date of determination, an amount equal to (a) the Class A Initial Investor Interest, minus (b) the aggregate amount of principal payments made to Class A Holders prior to such date and minus (c) the excess, if any, of the aggregate amount of Class A Investor Charge-Offs pursuant to subsection 4.12(a) over Class A Investor Charge-Offs reimbursed pursuant to subsection 4.13(b) prior to such date of determination; provided that the Class A Investor Interest may not be reduced below zero.

Class A Investor Interest means, on any date of determination, ------------------------- an amount equal to (a) the Class A Initial Investor Interest, minus (b) the ----- aggregate amount of principal payments made to Class A Certificateholders prior to such date and minus (c) the excess, if any, of the aggregate amount of Class ----- A Investor Charge-Offs pursuant to subsection 4.10(a) over Class A Investor Charge-Offs reimbursed pursuant to subsection 4.11(b) prior to such date of determination; provided, however, that the Class A Investor Interest may not be -------- ------- reduced below zero.

Class A Investor Interest for any date means an amount equal to:

Class A Investor Interest means, as of any distribution date:

Class A Investor Interest means, on any date of determination, an ------------------------- amount equal to (a) the Class A Initial Investor Interest, minus (b) the ----- aggregate amount of payments of principal paid to the Class A Certificateholders pursuant to Section 4.8 prior to such date of determination, minus (c) the ----- excess, if any, of the aggregate amount of Class A Investor Charge-Offs over ---- Class A Investor Charge-Offs reimbursed pursuant to subsections 4.6(a)(iv), 4.6(d)(i) and 4.6(e) prior to such date of determination; provided, however, -------- ------- that upon the tender and cancellation of any Class A Certificates pursuant to a Series 1999-1 Investor Exchange, the amounts stated in clauses (b) and (c) shall be computed with respect to the Class A Certificates not tendered or canceled pursuant to such Series 1999-1 Investor Exchange; provided further, however, ---------------- ------- that such Class A Investor Interest may not be reduced below zero.