Yield Supplement Withdrawal Amount definition

Yield Supplement Withdrawal Amount means, with respect to any Collection Period and the related Deposit Date, the lesser of (a) the amount on deposit in the Yield Supplement Account and (b) the sum of (i) the Yield Supplement Amount and (ii) after giving effect to the withdrawal of the Yield Supplement Amount, the amount by which the amount on deposit in the Yield Supplement Account exceeds the Maximum Yield Supplement Amount.
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Yield Supplement Withdrawal Amount means, for any Payment Date, an amount equal to the lesser of (i) the amount of cash or other immediately available funds on deposit in the Yield Supplement Account on such Payment Date and (ii) the aggregate amount by which one month's interest (assuming a thirty-day month) on the Principal Balance of each Yield Supplemented Receivable as of the close of business on the last day of the second Collection Period preceding such Payment Date at the Required Rate exceeds one month's interest (assuming a thirty-day month) on such Principal Balance at the Contract Rate of such Yield Supplemental Receivable.
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Yield Supplement Withdrawal Amount means, with respect to any Collection Period and the related Deposit Date, the sum of (i) the Yield Supplement Amount and (ii) after giving effect to the withdrawal of the Yield Supplement Amount, the amount by which the amount on deposit in the Yield Supplement Account exceeds the maximum amount required to be on deposit in the Yield Supplement Account on the immediately succeeding Distribution Date.
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Related to Yield Supplement Withdrawal Amount

  • Yield Supplement Amount means, with respect to any Collection Period and the related Deposit Date, the aggregate amount by which one month’s interest on the Principal Balance as of the first day of such Collection Period of each Discount Receivable (other than a Discount Receivable that is a Defaulted Receivable) at a rate equal to the Required Rate, exceeds one month’s interest on such Principal Balance at the APR of each such Receivable.

  • Yield Supplement Account means the account designated as such, and established and maintained pursuant to Section 4.01.

  • Class A Required Amount shall have the meaning specified in subsection 4.04(a).

  • Required Reserve Account Amount means, with respect to any Distribution Date on or after the Reserve Account Funding Date, an amount equal to (1) 0.50% of the Class A Invested Amount as of the preceding Distribution Date (after giving effect to all changes therein on such date) or (2) any other percentage (which may be 0%) of the Class A Invested Amount designated by the Transferors, provided that if such percentage is less than the percentage specified in clause (1) above, the Transferors shall have received the prior written consent of the Collateral Interest Holder and written notice from each Rating Agency that the Rating Agency Condition shall have been satisfied with respect to such designation and shall have delivered copies of each such written notice to the Servicer and the Trustee.