Required Transferor Amount shall have the meaning specified in the Indenture.
Required Transferor Amount has the meaning specified in the Transfer Agreement.
Required Transferor Amount means, with respect to any date, an amount equal to the product of (A) the Required Transferor Percentage and (B) the aggregate amount of Principal Receivables.
Examples of Required Transferor Amount in a sentence
The Servicer shall reduce deposits into the Collection Account payable by a Transferor on any Deposit Date to the extent that such Transferor is entitled to receive funds from the Collection Account on such Deposit Date, but only to the extent such reduction would not reduce the Transferor Amount to an amount less than the Required Transferor Amount.
Notwithstanding any other provision of this subsection 2.05(b), a reassignment of an Ineligible Receivable in excess of the amount that would cause the Transferor Amount to be less than the Required Transferor Amount shall not occur if the applicable Transferor fails to make any deposit required by this subsection 2.05(b) with respect to such Ineligible Receivable.
More Definitions of Required Transferor Amount
Required Transferor Amount means, for any Monthly Period, the product of (i) the Principal Receivables as of the close of business on the last day of such Monthly Period and (ii) the Required Transferor Amount Percentage.
Required Transferor Amount means, with respect to any date, the sum of the Series Required Transferor Amounts for all Series outstanding on such date.
Required Transferor Amount means, with respect to any date and the related Pool, the product of the Required Transferor Percentage for such Pool and the aggregate Series Adjusted Invested Amounts (as defined in the related Indenture Supplement) of all Series which relate to such Pool.
Required Transferor Amount means the Asset Pool One Required Transferor Amount as defined in the Asset Pool One Supplement.
Required Transferor Amount has, with respect to any Asset Pool, the meaning specified in the applicable Asset Pool Supplement for such Asset Pool.
Required Transferor Amount means, as of any date of determination, the sum of (a) the sum of the respective products for each Series of (i) the excess of the Required Pool Percentage for such Series over 100%, times (ii) the Initial Invested Amount of such Series plus (b) the sum of the respective Required Subordinated Amounts for each Series on the immediately preceding Determination Date (after giving effect to any changes therein on the related Distribution Date) or, in the case of a Variable Funding Note Series, on the later to occur of the immediately preceding Determination Date (after giving effect to any changes therein on the related Distribution Date) or the immediately preceding Increase Date.
Required Transferor Amount means, as of any date of determination, the sum of (a) the sum of the respective products for each Series of (i) the excess of the Required Pool Percentage for such Series over 100%, times (ii) the Initial Invested Amount of such Series and (b) the sum of the respective Required Subordinated Amounts for each Series on the immediately preceding Determination Date (after giving effect to any changes therein on the related Distribution Date).