Excess Funding Amount means the amount on deposit in the Excess Funding Account.

Excess Funding Amount. The Pre-Funded Amount remaining on deposit in the Pre-Funding Account at the end of the Funding Period.

Excess Funding Amount. With respect to any Funding Date, if the requested Funding Amount (a) would, under Section 2 hereof, cause the Outstanding Principal Amount of a Class of Certificates in this Series (other than the Class A-R Certificates) to equal the Maximum Series Amount for such Class but (b) would not be in an amount sufficient to also permit a Funding in the amount of the Minimum Funding Amount for the next Class of Certificates to be funded pursuant to Section 2 hereof, the amount by which the requested Funding Amount exceeds the Maximum Series Amount for the Class of Certificates referenced in clause (a) of this definition.

Examples of Excess Funding Amount in a sentence

Excess Funding Amount as of the last day of the preceding Monthly Period $— 1 Computed as a simple average based upon the aggregate Allocation Percentages for all Outstanding Series for each day during the Monthly Period, divided by the number of days in the Monthly Period.
Agent shall be authorized to use all payments received by Agent for the benefit of any Non-Funding Lender pursuant to this Agreement to pay in full the Aggregate Excess Funding Amount to the appropriate Secured Parties.
The Excess Funding Amount as of the last day of the prior Monthly Period is $0.00 38.
A Lender may cure its status as a Non-Funding Lender under clause (a) of the definition of Non-Funding Lender if such Lender (A) fully pays to Agent, on behalf of the applicable Secured Parties, the Aggregate Excess Funding Amount, plus all interest due thereon and (B) timely funds the next Revolving Loan required to be funded by such Lender or makes the next reimbursement required to be made by such Lender.
A Lender may cure its status as a Non-Funding Lender under clause (a) of the definition of Non-Funding Lender if such Lender fully pays to Agent, on behalf of the applicable Secured Parties, the Aggregate Excess Funding Amount, plus all interest due thereon.

More Definitions of Excess Funding Amount

Excess Funding Amount has the meaning specified in the Transfer and Servicing Agreement.

Excess Funding Amount means, for any date, the amount in the Excess Funding Account (excluding any net investment earnings) on such date.

Excess Funding Amount. As to either Certificate Group the related Allocated Pre-Funded Amount remaining on deposit in the Pre-Funding Account at the end of the Funding Period.

Excess Funding Amount means the amount on deposit in the Excess Funding Account, exclusive of interest (including reinvested interest) and other investment income and earnings thereon.

Excess Funding Amount. As to either Loan Group, the Pre-Funded Amount remaining on deposit in the Pre-Funding Account at the end of the Funding Period and allocated to such Loan Group.

Excess Funding Amount shall have the meaning assigned to it in Section 10.9(c)(iii).