Series Investor Interest definition

Series Investor Interest with respect to any Distribution Date, shall mean the sum of the Class Investor Interests for each Class of the Series established hereby on such Distribution Date.

Series Investor Interest as of any date of determination shall (i) so long as the only collateral certificate owned by the Note Issuance Trust is the Series 2007-CC Collateral Certificate, mean an amount equal to the sum, without duplication, of the Nominal Liquidation Amounts for each series, class or Tranche of Notes then outstanding or (ii) during any period when Additional Collateral Certificates are owned by the Note Issuance Trust, have meaning set forth in the documents relating to such addition (provided that such documents are accepted and agreed to by the parties hereto).

Series Investor Interest means, on any date of determination, an amount equal to the sum of (i) the Class A Investor Interest and (ii) the Class B Investor Interest.

Examples of Series Investor Interest in a sentence

• The Series Excess Spread Percentage is equal to the Series Excess Spread, multiplied by twelve and divided by the Series Investor Interest for this Subseries as of the beginning of the related due period.

• For purposes of calculating the amount to be withdrawn from the Group Finance Charge Collections Reallocation Account and paid to the Trustee as administrator of the Credit Enhancement for application in accordance with the Credit Enhancement Agreement, the Series Investor Interest of the Series established hereby shall be treated as zero.

• For purposes of calculating the amount to be withdrawn from the Group Interchange Reallocation Account and paid to the Trustee as administrator of the Credit Enhancement for application in accordance with the Credit Enhancement Agreement, the Series Investor Interest of the Series established hereby shall be treated as zero.

• Simultaneously with such cancellation, the Class Investor Interest of the applicable Class and the Series Investor Interest of the Series under which such Investor Certificates were issued shall be reduced, and the Seller Interest shall be increased, by the aggregate Class Investor Interest represented by such cancelled Investor Certificates, in each case as of the end of the related Due Period.

• Simultaneously with such cancellation, the Class Investor Interest of the applicable Class and the Series Investor Interest of the Series under which such Investor Certificates were issued shall be reduced, and the Transferor Interest shall be increased, by the aggregate Class Investor Interest represented by such cancelled Investor Certificates, in each case as of the end of the related Due Period.

More Definitions of Series Investor Interest

Series Investor Interest with respect to any Series, with respect to any Distribution Date with respect to such Series, shall have the meaning set forth in the applicable Series Supplement.

Series Investor Interest means, for any distribution date, the sum of the Class Investor Interests for each class of this series on that distribution date.

Series Investor Interest with respect to any Certificate Series, shall have the meaning specified in the related Supplement.

Series Investor Interest with respect to any series of Master Trust certificates issued by the DCMT has the meaning set forth in the DCMT Pooling and Servicing Agreement.

Series Investor Interest will mean the Series Initial Investor Interest minus • the amount of principal collections on deposit for the benefit of investors, • the amount of losses of principal on investments of principal collections on deposit for the benefit of investors, • the aggregate amount of principal previously paid to investors, and • the aggregate amount of investor losses resulting from accounts in which the receivables have been charged-off as uncollectible, after giving effect to all provisions in the Series Supplement to reimburse these charged-off amounts. The Receivables The receivables in the Accounts included in the trust as of February 28, 2007 totaled $35,794,396,730.79. Interchange The series will be eligible for allocations and reallocations of interchange. Series issued prior to November 3, 2004 will not receive allocations or reallocations of interchange.

Series Investor Interest in respect of Series 2019-1 means the Series 2019-1 Investor Interest;

Series Investor Interest. ’ means the total principal amount of the interest (in respect of amounts held by the Receivables Trustee on an undivided basis) of an Investor Beneficiary in respect of a particular Series and reflects the total amount of the proportional entitlement to Principal Receivables calculated as available to that Series;