Additional Class A Invested Amounts definition

Additional Class A Invested Amounts shall have the meaning specified in Section 6.15 of the Agreement.
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Additional Class A Invested Amounts with respect to the Class A Securities, the "Additional Class B Invested Amounts" with respect to the Class B Securities and the "Additional Class C Invested Amounts" with respect to the Class C Securities, and collectively, the "Additional Invested Amounts")subject to the following restrictions: no Servicer Default, or event which, with the giving of notice or lapse of time, or both, would constitute a Servicer Default, with respect to the Servicer shall have occurred and be continuing (unless such Servicer Default or event, as applicable, has been waived in writing by the Senior Securityholders); the Agreement, the Senior Securities and the Security Purchase Agreement shall be in full force and effect; each of the Transferor's and the Servicer's representations and warranties in the Agreement and the Security Purchase Agreement shall be true and correct in all material respects as of the dates they were so made (unless they specifically refer to another date in which case they shall be true and correct as of such earlier date), each of the Transferor's representations and warranties in clauses (a), (c), (e) and (g) of Section 4.01 of the Security Purchase Agreement shall be true and correct in all material respects as of the date of the proposed increase in the Invested Amount and each of the Transferor and the Servicer shall have complied with all the agreements and satisfied all of the conditions under the Agreement and the Security Purchase Agreement, in all material respects, on its part to be performed or satisfied at or prior to the date hereof or such Business Day, as applicable; no action, proceeding or investigation shall have been instituted or threatened, nor shall any order, judgment or decree have ben issued or proposed to be issued by any court, agency or authority to set aside, restrain, enjoin or prevent the consummation of any transaction contemplated hereby or seeking material damages against the Trust, the Trustee, the Managing Agents, the Administrative Agent or the Conduit Purchasers in connection with the transactions contemplated in the Agreement and the Security Purchase Agreement;
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Additional Class A Invested Amounts shall have the meaning specified in Section 6.15 of the Agreement. IV. V. "Additional Class B Invested Amounts" shall have the meaning specified in Section 6.16 of the Agreement. VI. VII. "Adjusted Invested Amount" shall mean, with respect to any date of determination, an amount equal to the Invested Amount minus the Defeasance Account Balance on such date of determination. VIII. IX. "Alternate Rate" shall mean, on any date of determination, a fluctuating rate of interest per annum equal to the Federal Funds Rate most recently determined by the Funding Agent, plus, after the occurrence of a Pay Out Event, (x) for each date of determination during the period from the Closing Date to but excluding December 15, 1998, 1.50% and (y) for each date of determination on and after December 15, 1998, 3.50%. X. XI. "Amortization Period" shall mean the period beginning on the day following the last day of the Revolving Period and ending on the Series 1998-A Termination Date. XII. XIII. "Amortization Period Commencement Date" shall mean (i) the earlier of the first day of the October 2000 Monthly Period and the Pay Out Commencement Date or (ii) if there is any Extension, the earlier of the date specified as such in the most recent Extension Notice and the Pay Out Commencement Date. XIV. XV. "APA Banks" shall have the meaning provided in the Asset Purchase Agreement. XVI. XVII. "Applicable Pass-Through Rate" shall mean, with respect to the Class A Securities, (a) with respect to any Business Day on which the Class A Securities are held for the benefit of the CP Vehicle, the CP Rate for the CP Vehicle, plus the Used Fee, (b) with respect to any Business Day on which the Class A Securities are held for the benefit of the APA Banks, the Bank Rate. XVIII.
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Examples of Additional Class A Invested Amounts in a sentence

  • In addition, pursuant to Section 6.15 of the Agreement, the holders of this Certificate may from time to time be required, prior to the Pay Out Commencement Date, to purchase Additional Class A Invested Amounts on the terms and conditions specified therein.

  • In addition, pursuant to Section 6.15 of the Agreement, the holders of this Security may from time to time be required, prior to the commencement of the Amortization Period for the Securities or the Class A Paydown Period, to purchase Additional Class A Invested Amounts on the terms and conditions specified therein.

  • In addition, pursuant to Section 6.15 of the Agreement, the holders of this Certificate may from time to time be required, prior to the commencement of the Amortization Period for the Certificates or the Class A Paydown Period, to purchase Additional Class A Invested Amounts on the terms and conditions specified therein.

  • Each Class A Certificateholder agrees, by acceptance of its Class A Certificate, that it will acquire an amount equal to its Percentage of any Additional Class A Invested Amounts; provided, that no Class A Certificateholder shall be required to purchase an Additional Class A Invested Amount if such purchase would cause the total Class A Invested Amount held by such Class A Certificateholder to exceed such Class A Certificateholder's Percentage of the Class A Available Commitment.

  • Notwithstanding any provision to the contrary contained in this Section 6.15, no Senior Certificateholder shall be required to purchase any Additional Class A Invested Amounts or Additional Class B Invested Amounts unless the conditions to such purchase contained in the applicable Certificate Purchase Agreement (including without limitation Section 3.2 thereof) have been satisfied.

  • In the case of Variable Funding Certificates, Additional Class A Invested Amounts or Additional Class B Invested Amounts may be issued from time to time and evidenced by such Certificates, in accordance with the applicable Issuance Supplement.

  • In addition, pursuant to Section 6.15 of the Agreement, the holders of this Security may from time to time be required, prior to the commencement of the Amortization Period, to purchase Additional Class A Invested Amounts on the terms and conditions specified therein.

  • The aggregate Additional Class A Invested Amounts and Additional Class B Invested Amounts to be purchased shall have a minimum aggregate amount of $1,000,000 or more, and shall be in integral multiples of $250,000 (or such other amount designated by the Transferor).

  • In addition, pursuant to Section 6.15 of the Agreement, the holders of this Security may from time to time be required, prior to the Increase Termination Date, to purchase Additional Class A Invested Amounts on the terms and conditions specified therein.


More Definitions of Additional Class A Invested Amounts

Additional Class A Invested Amounts shall have the meaning specified in Section 2.2(a) of the Transfer and Administration Agreement. Agent shall mean NationsBank, N.A., in its capacity as agent for EFC and the Bank Investors pursuant to the Transfer and Administration Agreement, and any successor thereto appointed pursuant to the Transfer and Administration Agreement. Amortization Period shall mean the Rapid Amortization Period or the Early Amortization Period. Assignee shall have the meaning specified in Section 14 hereof. Bank Investors shall have the meaning specified in the Transfer and Administration Agreement.
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Related to Additional Class A Invested Amounts

  • Class A Invested Amount means, on any date of determination, an amount equal to (a) the Class A Initial Invested Amount, minus (b) the aggregate amount of principal payments made to the Class A Certificateholders on or prior to such date, minus (c) the excess, if any, of (i) the aggregate amount of Class A Investor Charge-Offs for all prior Distribution Dates over (ii) Class A Investor Charge-Offs reimbursed pursuant to subsection 4.07(b) prior to such date.

  • Class B Invested Amount means, on any date of determination, an amount equal to (a) the Class B Initial Invested Amount, minus (b) the aggregate amount of principal payments made to the Class B Certificateholders prior to such date, minus (c) the aggregate amount of Class B Investor Charge-Offs for all prior Distribution Dates, minus (d) the amount of Reallocated Principal Collections allocated on all prior Distribution Dates pursuant to subsection 4.08(a) (excluding any Reallocated Principal Collections that have resulted in a reduction in the Collateral Invested Amount pursuant to Section 4.08), minus (e) an amount equal to the amount by which the Class B Invested Amount has been reduced on all prior Distribution Dates pursuant to subsection 4.06(a) and plus (f) the amount of Excess Spread and Excess Finance Charge Collections allocated and available on all prior Distribution Dates pursuant to subsection 4.07(e) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Class B Invested Amount may not be reduced below zero.

  • Class Invested Amount means, with respect to any Class for any Distribution Date, an amount equal to the Class Initial Investor Interest minus the sum of (a) the aggregate amount of payments of Certificate Principal paid to such Class of Investor Certificateholders, in each case prior to such Distribution Date, (b) the aggregate amount of Investor Losses of such Class not reimbursed prior to such Distribution Date and (c) the aggregate amount of losses of principal on investments of funds on deposit for the benefit of such Class in the Series Principal Funding Account, if applicable.

  • Class D Invested Amount means, as of a date, an amount (not less than zero) equal to (a) the initial Note Balance of the Class D Notes, minus (b) the aggregate amount of any principal payments made to the Noteholders of the Class D Notes before that date, minus (c) the cumulative amount of unreimbursed Investor Charge-Offs applied to reduce the Class D Invested Amount under Section 4.3 of the Indenture Supplement before that date, minus (d) the cumulative amount of unreimbursed Reallocated Principal Collections applied to reduce the Class D Invested Amount under Section 4.4 of the Indenture Supplement before that date.

  • Class C Invested Amount means, when used with respect to any date, an amount equal to (a) the Class C Initial Invested Amount minus (b) the amount of principal payments made to Class C Noteholders on or prior to such date.