Asset Pool One Default Amount definition

Asset Pool One Default Amount means, for any Monthly Period, the Default Amount for Asset Pool One for such Monthly Period.
View Source
Asset Pool One Default Amount has the meaning specified in the Asset Pool One Supplement.
View Source

Examples of Asset Pool One Default Amount in a sentence

  • Pool One Finance Charge Collections and the Asset Pool One Default Amount to the CHASEseries Notes.

  • Pool One Finance Charge Collections and the Asset Pool One Default Amount to the ONEseries Notes.

  • Section 3.01 Allocations of Asset Pool One Finance Charge Collections and the Asset Pool One Default Amount to the CHASEseries Notes.

Related to Asset Pool One Default Amount

  • Collateral Default Amount means, with respect to any Distribution Date, the product of the Investor Default Amount for such Distribution Date and the Collateral Floating Percentage.

  • Mandatory Default Amount means the payment of 130% of the outstanding principal amount of this Note and accrued and unpaid interest hereon, in addition to the payment of all other amounts, costs, expenses and liquidated damages due in respect of this Note.

  • Investor Default Amount means, with respect to any Distribution Date, an amount equal to the product of (a) the Defaulted Amount for the related Monthly Period and (b) the Floating Allocation Percentage for such Monthly Period.

  • Default Amount means, as to any Defaulted Account, the amount of Principal Receivables (other than Ineligible Receivables, unless there is an Insolvency Event with respect to Comenity Bank or the Transferor) in such Defaulted Account on the day it became a Defaulted Account.

  • Class A Investor Default Amount means, with respect to each Distribution Date, an amount equal to the product of (i) the Investor Default Amount for such Distribution Date and (ii) the Class A Floating Percentage for such Monthly Period.